Daily BriefsESG

Daily Brief ESG: Improvements Have Expired in Criteria Related to the 2019 Corporate Governance Code Revision and more

In today’s briefing:

  • Improvements Have Expired in Criteria Related to the 2019 Corporate Governance Code Revision


Improvements Have Expired in Criteria Related to the 2019 Corporate Governance Code Revision

By Aki Matsumoto

  • While companies are eager to improve % of female board members, for which they are required to meet new targets, they are less enthusiastic about raising % of independent directors.
  • The improvement in % of independent directors has been decreasing year by year. As the importance of independent directors increases, it’s necessary to demand increase in this ratio through engagement.
  • For the other evaluation criteria, the median value remained unchanged from the previous year. Meanwhile, some traditional companies have not been able to eliminate the position of ex-CEO advisors.

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