The Hub October, 2024, monthly e-newsletter from Independent Directors’ Databank provides 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.

There is a growing recognition of the significance of sustainability in shaping business strategies. Various survey/studies indicates that CEOs are actively engaging in efforts to address sustainability issues within their companies, assuming a proactive role in steering their organizations toward a more sustainable future. They begin with understanding how vulnerable their businesses are to the inevitable effects of climate change and factoring them in to make themselves resilient. The escalating convergence of global challenges, characterized by more severe summers, intensified hurricanes, landslides and floods, compels CEOs to navigate unprecedented levels of uncertainty and looking around for means to address them. Sustainable business practices could be one of them.

Setting in the Hub – October, 2024 issue highlights “The Visionary CEO’s Guide to Sustainability 2024” a report from Bain & Company.

Vignettes showcase an article authored by Sh. Nawshir Mirza, Professional and experienced Independent Directors titled Role of the Board and Directors’ in ESG Integration.

Regulatory Worktop shares the key updates about, a) NFRA consultation paper for improving audit quality, b) SEBI Master Circular on Surveillance of Securities Market, c) Regulatory updates from Ministry of Corporate Affairs, d) Competition Commission of India notified Combinations Regulations, 2024 and e) SEBI Delisting of Equity Shares (Amendment) Regulations, 2024.

Regulators Eye focus on the key updates relating to a) Top CSR spending Companies to lead government’s internship scheme, b) Most Independent Directors of Listed Companies are First-timers, c) Change in IBC rules in agenda for Banks as promoters exploiting loophole, d) ICAI launches AQMM 2.0 to elevate audit standards for listed entities, banks, and insurance firms and e) Loss-making MNCs liable to pay tax on India setup.

Events Expo showcases relevant national and global upcoming events, programs, workshops, conferences, etc. for participation of the members. This issue covers NVIDIA AI Summit India | Mumbai | October 23-25, 2024 and Changing World of ESG & Good Governance | CII | October 16, 2024.

Global Events, suggested are Essential Director Update 2024 | AICD | October 08, 2024 and Future of Business 2024 | Harvard Business Review | October 16, 2024.