An external, 'peer' group of companies should no longer be leading for the level and structure of executive remuneration. Supervisory boards must attach equal importance to the pay ratios within the company, the identity, the purpose and the values of the company and the expectations of the relevant stakeholders, including shareholders, employees, customers and the wider society. Eumedion has embedded this principle in the today's updated principles for a responsible executive remuneration policy of Dutch listed companiess.
Eumedion: reporting standards on climate risks should be incorporated in the EU Accounting Directive
Eumedion believes that the proposal to adopt the reporting standards on climate risks in the non-binding guidelines on non-financial reporting is not effective and is a proponent of incorporating those standards in the EU Accounting directive. This follows from today's Eumedion’s response to the call for feedback on the recently published report of the technical expert group on sustainable finance (TEG) on climate-related disclosures.
Eumedion generally supports EIOPA proposals on the integration of sustainability factors at insurers
Eumedion generally supports the proposals of the European Insurance and Occupational Pensions Authority (EIOPA) with respect to the integration of sustainability risks and factors in the investment policy of insurers. This follows from Eumedion’s response to the EIOPA consultation paper that was submitted today.
Eumedion has published an updated position statement on corporate tax policy and tax transparency. The position statement asks listed companies to have a clear and responsible tax policy as part of their strategy for good corporate citizenship.