FRC: Reporting gap between FTSE 350 and AIM widening Investing The Financial Reporting Council reported that there is evidence that in corporate reporting, the gap between FTSE 350 and other companies is widening
Proxy battle fails to erupt as investors wave through FTSE 350 payouts BUSINESS The battle over paypackets for London’s top bosses failed to materialise in the opening months of the year as investors snubbed proxy firms and waved through bigger salaries for executives, new data suggests.
FTSE 350: Fewer than 10 per cent of CEOs are female Women Fewer than 10 per cent of CEOs at the UK’s FTSE350 companies are female, according to a new study on the scale of gender disparity in business.
FTSE 350 firms could face double the cost to offset carbon by 2030 May 30, 2023 The cost of carbon offsetting could more than double for businesses by the end of the decade, according to new research. A report published by PwC found that FTSE 350 companies reported £38m in voluntary carbon offset purchases in 2022, but that this could increase by over 256 per cent to £135m within a decade. [...]
FTSE 350 firms up spending on ‘carbon offsets’ in race to net zero January 8, 2023 The UK’s top listed companies are increasingly using carbon offsets to achieve their net zero goals, new research shows. The vast majority (96 per cent) of Britain’s FTSE 350 companies have already upped expenditure on carbon credits over the past 24 months, while almost half (47 per cent) intend to increase spending dramatically over the [...]
Exodus of London bosses as FTSE 350 CEO departures triple in just one year October 18, 2022 There has been a sharp increase in the number of FTSE 350 CEOs leaving their businesses. In fact, chief execs stepping down jumped by 162.5 per cent this year, compared to a year ago. The figures by advisory firm Russell Reynolds Associates are more extreme than those seen in the US where year to date [...]
Why gender parity is still 70 years away despite two thirds of FTSE 350 company boards comprising of women February 28, 2023 The UK claims to be a world-leader for women’s representation on top company boards, with data revealing that 40.2 per cent of FTSE 350 board positions are now held by women. The findings were part of a report by the Government-backed FTSE Women Leaders Review, which is sponsored by Lloyds Banking Group and KPMG. Adopting [...]
Pay gap between CEOs and workers set to widen across FTSE 350 May 23, 2022 The pay gap between executives and workers is set to grow even wider this year, following a brief levelling lull during the pandemic.
More than 50 per cent of FTSE 350 board appointments in 2021 were women April 19, 2022 More than 50 per cent of board appointments to FTSE 350 firms last year were women, bringing the gender ratio closer to an even split. New figures from recruitment company MBS, show boardrooms are becoming more equal places, with a gain of 200 women in 2021, and men constituting 75 per cent of those having [...]
Six in ten FTSE 350 companies fail to fully comply with governance code January 31, 2022 Sixty per cent of FTSE 350 companies are not fully compliant with the UK’s Corporate Governance Code, according to new research from Thomson Reuters.