The Emergence of 'S' as a Governance Topic
In this video, Karina talks about the emergence of ‘S’ or the ‘social’ component in the commonly used ESG acronym and how it has become central to governance and stewardship.
Overview
The financial crisis led to an upsurge in regulation, ranging from capital adequacy to conduct rules. The shareholder-first approach is being subsumed into a multi-stakeholder approach. Hedge fund Chanos is shorting gig economy companies such as ride-hailing app Uber and online food-delivery platform Grubhub. It is betting that there is going to be a greater political focus on low-wage, precarious workers. Many financial services companies are looking to cut their real estate footprint due to the permanent shift to increased home working.
Key learning objectives:
Explain evolution of Governance and Stewardship
Explain social aspect of ESG
Explain tax reforms of ESG
Summary
Expert
Karina Robinson
Karina Robinson is the CEO of Robinson Hambro. Alongside this position Karina has a few other roles includes being on the Court of Governors of the London School of Economics, where she is also a Visiting Senior Fellow and Co-Founder of The Inclusion Initiative. Karina is also Chair of the Lord Mayor’s Appeal Advisory Board, and finally, Karina is also Master of the Worshipful Company of International Bankers, a one year role where she is the chairperson of a livery company that has finance professionals as members. Karina is a champion of the City of London, with a deep belief in the power of Diversity & Inclusion.
