MOL's Mikkel Skougaard likes to joke that the only people who used to read the sustainability report from cover to cover were him and the auditor. Now, though, anyone who has 15 minutes to spare can find out everything they need to know about the Hungarian oil and gas firm’s sustainability credentials.
Last year the Budapest-headquartered company took a risk, bucking the trend for increasingly lengthy sustainability reports to produce a 10-page, 15-minute read for...
Reporting Archive
In the wake of uncertainty about the coronavirus pandemic and its impact on public markets, many compensation committees are evaluating how to follow through on incentive compensation for their executive teams. This year has been anything but ‘business as usual’. In many cases, long-term equity awards granted before March 2020 have lost value and performance goals for annual bonuses have become unrealistic.
Companies still want their compensation programs to mot...
Public healthcare companies often question the best course of action during quiet periods – those stretches of time during which they should limit their interaction with Wall Street due to their knowledge of material and timely information that has not yet been publicly disclosed.Â
Specifically, management teams struggle to figure out what the quiet period means for their investor relations efforts. Should they bring to a halt all communications with the investme...
– Rio Tinto CEO Jean-Sébastien Jacques agreed to step down following intense criticism of the miner after it blew up rock shelters in Australia important to the Aboriginal community, reported the Guardian. The company’s head of iron ore and group executive of corporate relations will also leave. Investors had criticized a previous d...
Cole Lannum is the only IR professional to win five consecutive awards for best investor relations officer in IR Magazine history.
He picked up the awards between 2011 and 2015, while the company he worked for – Covidien – also won the award for best overall investor relations (large cap) i...
When the Covid-19 pandemic escalated globally earlier in 2020, we saw record downbeat sentiment heading into the first-quarter earnings season. While investors were still expecting a Q2 cratering, our latest research identified that investors were notably less downbeat.
With low-bar expectations setting the stage for EPS beats...
As companies prepare their annual and interim reports, UK regulator the Financial Reporting Council (FRC) says firms should seek to provide ‘more extensive disclosure’ around the impact of Covid-19.
The council’s first thematic review of company reporting since the pandemic set in – studying reports published in March 2020 – notes that while many companies provided ‘sufficient informationâ€...
During the last 10 years there has been a steady increase in the mentions of ‘diversity’ and ‘inclusion’ at investor-facing events, but the last six weeks have brought a massive increase in explicit discussions of race and racism, according to data from Sentieo.
Following the murder of George Floyd on May 26, many public company executives used the words ‘racism’ or ‘racial’ for the first time at investor-facing events. In June, the...
- US companies kicked off an unprecedented earnings season that will show the impact of Covid-19 on the country’s businesses, noted the Financial Times (paywall). One of the first companies to report, PepsiCo, revealed better-than-expected results. Overall, however, S&P 500 constituents are predicted to suffer an average fall in quarterly profits of 45 percent, according to the art...
The Sustainability Accounting Standards Board (SASB) and the Global Reporting Initiative (GRI) will work together to provide guidance to companies about how to implement both of their ESG reporting standards concurrently.
Some issuers have complained of an ESG reporting alphabet soup as they’ve tried to come to terms with the differences between SASB, GRI, the Task Force on Climate-rela...