In the UK, the US and many other countries, existing board election processes mean shareholders rely almost entirely on existing board members to identify board candidates. In the vast majority of cases, shareholders have no real say over who is chosen to represent their interests and those of the company they own. Board nomination committees are sub-committees of the board itself. Over the last 10 years, Sweden has moved away from such a system. This report examines the Swedish experience of shareholders taking this key governance function into their own hands. The report also considers lessons that can be drawn for governance in the UK and other countries with dispersed shareholdings.  It  concludes with an agenda for action by listed companies, institutional investors, the Institutional Shareholders Committee  and the Financial Reporting Council. 

In the UK, the US and many other countries, existing board election processes mean shareholders rely almost entirely on existing board members to identify board candidates. In the vast majority of cases, shareholders have no real say over who is chosen to represent their interests and those of the company they own. Board nomination committees are sub-committees of the board itself. Over the last 10 years, Sweden has moved away from such a system.This report examines the Swedish experience of shareholders taking this key governance function into their own hands. The report also considers lessons that can be drawn for governance in the UK and other countries with dispersed shareholdings.  It  concludes with an agenda for action by listed companies, institutional investors, the Institutional Shareholders Committee  and the Financial Reporting Council. 

The Chartered Institute of Management Accountants, PricewaterhouseCoopers and Tomorrow’s Company are setting up a global study on how to improve corporate reporting. We are now launching the first phase, which includes a call for evidence.  Please click download for more information and to contribute your evidence. To respond to our Call, please email evidence@tomorrowscompany.com.

This report presents the findings and reflections of the judging panel for the ACCA UK Awards 2007. It summarises the strengths of all those reports that won an award and offers technical recommendations to improve further the standard of reporting in the UK. Tomorrow's Company were the theme partner for the awards - the theme was on strategy and governance.

Integrating strategies for corporate responsibility and evaluating their impact, both sociallyand environmentally, is becoming increasingly critical to business. Companies are seekingways to successfully put their strategies on sustainability into practice - strengthening theconnection between corporate responsibility and global competitiveness. This paper summarises the key discussion points from a high level roundtable discussionorganised by CIMA and Tomorrow’s Company, where senior business decision makers met with experts in sustainability. Anant Nadkarni, Vice President, Group Corporate Sustainability, Tata Council for Community Initiatives (TCCI) presented the Tata Index to the group.  This has been captured on video and can be found here.