Tomorrow’s Company is currently developing a stewardship scorecard to apply to all company boards and shareholders. This is in response to the widespread concern that too many companies – including our banks – failed because of an absence of shareholder engagement and risk management by the directors.As part of this we have developed and applied our own Premiership Stewardship scorecard for clubs currently in the Premiership which you can see in this article.

Our two main recommendations are to reword and extend the Combined Code so that it truly encompasses the responsibilities of investors alongside those of boards and better reflects cultures, values and behaviours in the assessment of risk and allocation of rewards 

In this article, Matt Gitsham, Chris Gribben and Patricia Hind of Ashridge Business School argue that to successfully embed corporate responsibility and sustainability within organisations, there needs to be a focus on developing the mindset and skills of individual managers, rather than simply introducing new policies and procedures.