This summer Anne Simpson will leave Pensions and Investment Research Consultants to develop the World Bank’s corporate governance strategy for the private sector. This position has been established in the wake of the international economic crises. PIRC has been a key player in putting pressure on the Boards of large companies such as British Gas and Hanson over issues such as executive pay and their articles of association.
World Bank & IMF in the news
Despite the World Bank’s commitment to move away from funding coal, a series of loopholes in its financial intermediary lending remain that will continue to allow finance to support coal power projects.