The UK has pledged to maintain high standards of corporate governance, shareholder rights and transparency while modernising rules that govern how companies raise finance on public markets.
Reforms to make it easier for the world’s most successful innovative firms to list and grow in the UK, which include updating rules around free float requirements and dual class share structures, follow the UK Listing Review led by Lord Hill. Other recommendations include making it easier for companies to provide forward-looking guidance when raising capital by amending the liability regime and improving the efficiency of the listing process.
According to Hill, the proposed reforms will enhance the UK’s position as an international destination for equity listings, encourage investment in UK businesses, support the development of innovative growth sectors, such as tech and life sciences, and provide more opportunities for millions of investors to share in growth.
Many of the recommendations will require consultations by the UK’s Financial Conduct Authority and all eyes will be on whether the reforms strike the right balance between being competitive and maintaining high corporate governance standards.
Ethical Boardroom is proud to announce the winners of “Best Corporate Governance” in their respective industry sectors across the Europe for 2021. The awards recognise the outstanding leadership from boards who have raised the bar to ensure that strong corporate governance plays an essential part in protecting and enhancing long-term value for all stakeholders. Our awards program is a vital part of our continuing mission to elevate corporate governance standards globally.
For those companies and individuals who have made it to the top of the mountain for 2021, we salute you for leading the way
EUROPE COMPANY AWARD WINNERS
| Best Corporate Governance | Financial Services | BNP Paribas S.A. |
| Best Corporate Governance | Beverage | Diageo Plc |
| Best Corporate Governance | Automobile | Volvo AB |
| Best Corporate Governance | Aerospace | Leonardo S.p A. |
| Best Corporate Governance | Oil & Gas | Royal Dutch Shell |
| Best Corporate Governance | Telecoms | Vodafone Plc |
| Best Corporate Governance | Utilities | Iberdrola S. A. |
| Best Corporate Governance | Transportation & Logistics | Deutsche Group Post |
| Best Corporate Governance | Pulp & Paper | UPM-Kymmene Oyj |
| Best Corporate Governance | Construction | Ferrovial S.A. |
Please note that the company & special recognition winners for the Middle East & Africa region will be announced in the issue 22 edition.
