The Hub October, 2022, 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.

Sustainability—both social and environmental—has quickly risen to the top of corporate agendas in recent years. Many boards feel they are already behind on this issue, given the relatively rapid advancement of the topic. Yesterday, sustainability was on the board agenda as a token to balance the social and environmental price of profit. Today, it is a top board agenda because profit won’t be possible again without it. The opinion of community, employees, customers, suppliers and, of course, shareholders now have collective power. Tomorrow, corporations won’t have access to capital, talent and brand trust without advanced and effective sustainability agendas and priorities. When boards decide to increase their focus on sustainability, they often struggle to determine what steps to take, and how much effort to put behind those initial actions. To enable the culture and mindset of sustainability, boards must continuously educate directors.

Setting in the Hub – October, 2022 issue highlights "How Boards Can Focus on What Matters in Sustainability" an article from BCG.

Vignettes showcase an Executive Briefing titled “What AI means for the board” authored by Michael Drew and Markus Trost.

Regulatory Worktop shares the key updates about, a) MCA amend CSR Policy Rules, b) SEBI’s detailed Framework on Social Stock Exchange(“SSE”), c) Strengthening Corporate Governance in Urban Cooperative Banks by RBI, d) SEBI’s Master Circular on Surveillance of Securities Market, and e) Government launches SETU programs under START-UP India

Regulators Eye focus on the key updates relating to a) Ex-promoters can’t hold stake in insolvent firm: Supreme Court, b) Ease of doing business: DPIIT to seek cabinet nod for bill to decriminalise minor offences, c) Performance of Indian IPO Market in first half of FY 2022-23, d) EY’s Auditing and Consulting Split is an Investor Protection Win, e) India a 'star' among Emerging Markets economies with 7.3% growth in FY23: S&P and f) Monetary Authority of Singapore (MAS) and Singapore Exchange Group (SGX Group) launched ESGenome

Events Expo showcases relevant national and global upcoming events, programs, workshops, conferences, etc. for participation of the members. This issue covers 1st edition of CEO Summit 2022 Salem | CII | 14 October, 2022 and Leading Digital Transformation | IIM Ahmedabad | 10-14 October, 2022.

Global Events, suggested are SO YOU WANT TO BE A NON-EXECUTIVE DIRECTOR? | Financial Times | 18 October, 2022 and Future of the Boardroom: Shareholder Expectations | Silicon Valley Directors’ Exchange (SVDX)| 19 October, 2022