DATE: 24 March 2021, 09:00
In recent years, the European Union has sought to implement many improvements in corporate governance matters and in the transparency of directors’ remuneration packages. It is known that European legislator has been working towards improving a culture of good governance of remuneration in order to avoid a repeat of the situations and practices that previously compromised the “health” of listed companies and had such a negative impact on the economy. In order to improve remuneration systems and governance, one of the measures the Directive introduced was the “say on pay” reforms. These new rules encourage more transparency and accountability around directors’ pay by giving shareholders the right to know, and to infiuence, how much a company’s directors are paid. ESG compliance involves an increase in disclosure requirements relating to human capital, which is prompting boards to consider exercising better oversight and governance processes on such issues as inclusion and diversity ll&D), pay fairness and culture. In this workshop we will explore the regulatory landscape with regards to directors’ remuneration as well as the investors view. We will share Willis Towers Watson insights and the best practices in Europe.