Today we launch the Call for Evidence for Tomorrow's Corporate Reporting - we are immensely grateful to PwC and CIMA for their support and for working so collaboratively to shape this programme of inquiry.

In an article the other day in the Evening Standard Anthony Hilton made some extremely interesting comments on governance in the light of the proposed acquisition by the Pru of the business of AIG in Asia. Other commentators have suggested that ultimately the Pru could dispose of its UK businesses entirely, and even go as far as moving its primary listing, perhaps to Hong Kong. There are so many issues raised by this potential deal, but here are a couple which relate to corporate governance.

To avoid another credit crunch we cannot rely on regulation alone

 

The proposal from a cross-party commission for a "Hippocratic oath" which would "require bankers to take into account the impact of their activities on the wider economy and on society, rather than focusing on making a short-term profit" directly addresses the need to reconcile values and value creation.

The emergence of sustainability as a critical dimension of business value and design thinking as the methodology to achieve it – is rapidly gathering momentum.

 

In the wake of the Copenhagen conference, climate change could soon be displaced by a different crisis demanding a transition to a low carbon economy.