The Hub November, 2021, monthly e-newsletter from Independent Directors’ Databank gives you a broad view of developments happening around Regulatory framework, Corporate world among other updates.

The featured stories in various sections cover regulatory updates, governance practices and experience sharing by Independent Directors.

Global action on climate change has been slow. In 2015, signatories to the Paris Agreement decided to limit temperature rises to less than 2 degrees Celsius above preindustrial levels by bringing emissions to net zero by the second half of the century. In February 2021, an initial assessment covering 40 percent of the signatories to the agreement has shown little progress. As voluntary efforts seems ineffective, legislations around the world needs to be reviewed considering unprecedented consequences of not meeting climate commitments and devastating results for the economy.

Setting in the Hub – November, 2021 issue highlights “The EU’s Carbon Border Tax Will Redefine Global Value Chains” an article from Tim Figures, Marc Gilbert, Michael McAdoo, and Nicole Voigt of Boston Consulting Group.

Vignettes showcase the highlights of discussion with Steve Lydenberg, co-founder of KLD Research & Analytics on ESG, its impact and sustainable investment.

Regulatory Worktop shares the key updates about, a) RBI Impose penalty on SBI and Standard Chartered Bank for non-compliance, b) Consultation paper on introducing disclosure norms for ESG Mutual Fund schemes, c) Scale Based Regulation (SBR): A Revised Regulatory Framework for NBFCs, and d) Government launched Indian Space Association (ISpA) to enhance participation of Private sector in space technologies;

Regulators Eye focus on the key updates relating to a) RBI supersedes Srei Infra and Srei Equipment management boards; b) Shareholders’ Resolution to add Saudi Aramco chairman as Independent Director at RIL, c) LIC IPO: Increase in surplus transfer to shareholders, d) India calls for IPR waiver in WTO, dismantling trade barriers in global fight against pandemic, e) New owner of Air India – TATA group; and f) Crypto Boom Poses New Challenges to Financial Stability: IMF.

Events Expo showcases relevant national and global upcoming events, programs, workshops, conferences, etc. for participation of the members. This issue covers IICA Master Class on Building Better Boards | Nov 11-13, 2021 | Goa 5th India - GCC Industrial Conference: "Stronger Partners in the World of Opportunities" | 22-23 November 2021.

Global Events, suggested are The Asian Business Dialogue on Corporate Governance 2021 | 17 November 2021 and Sustainable Innovation Forum 2021: An inclusive, collaborative platform enabling climate action at COP26 | 8-10 November 2021.