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Auditors get tougher greenwashing guidelines
The International Auditing and Assurance Standards Board (IAASB) and the International Ethics Standards Board for Accountants (IESBA) have introduced new guidance for auditors to enhance the assessment of firms’ environmental, social, and governance claims. The guidelines aim to ensure trust in sustainability reporting, particularly as companies face increasing pressure to disclose data amid climate change…
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Cybercriminals exploit Microsoft Teams
Cybercriminals are impersonating remote tech-support workers on Microsoft Teams to infiltrate networks and deploy malicious software. The attack begins with an “email bomb,” sending up to 3,000 spam messages to a potential victim, followed by contact on Teams, where they pose as IT personnel. Once granted remote access, they install ransomware that locks the network…
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DEI at Davos: What CEOs are saying
Diversity, equity and inclusion (DEI) has been a hot topic of discussion among politicians and business leaders at this year’s World Economic Forum annual meeting in Davos. It comes as Donald Trump signed an executive order aimed at dismantling the federal government’s diversity and inclusion programs. But most corporate leaders who spoke to CNBC across…
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Companies step up executive protection after killing of Brian Thompson
The assassination of United Healthcare chief executive Brian Thompson has intensified concerns over executive safety, leading many companies to reassess their security protocols. A new HR Policy Association report, based on responses from 180 CHROs across major public companies, reveals that 73% of firms have specific security measures for executives, with 76% relying on third-party…
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Europe sets out simplified compliance ambition
The European Commission (E.C.) is planning measures that will make it easier for companies in the European Union to comply with its regulations. The commission is exploring how to simplify and streamline its laws, while also looking to provide details of the costs and benefits of new rules. A draft document says: “We must free…
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Global CEO exits hit record high
In 2024, a record 202 chief executives departed from their positions, according to Russell Reynolds Associates, marking a 13% increase from the previous year and surpassing the six-year average of 186. The technology sector was particularly affected, with 40 CEOs leaving. Activist investors played a significant role, ousting 27 CEOs, nearly three times the number…
