기 업 지 배 구 조 리 뷰 기업의 ESG 정보공개를요구한 Eurosif 캠페인 (Campaign) 기업지배구조리뷰 Eurosif(European Investment Forum) 은 EC(European Commission: 유럽연합의정책의결기관 ) 가대기업들에게표준화된환경, 사회, 지배구조 (ESG: Environmental, social and governance) 자료를출간하게하는것과, 기관투자자들에게는이러한정보를투자에어떻게활용하는지에대해밝히게하는것을목표로하는캠페인을전개하였다. 이와관련하여, Eurosif는 3 가지추진목표를세워놓고 EC와유럽의회를설득하여관련규제를진행하도록하는계획을세워놓고있다. 첫번째추진목표는표준화된 KPIs(Key Performance Indicators) 을사용하여대기업들이자사의 ESG 데이터를보고하도록하는것이다. 다음으로, 투자대상기업의주식매입과홀딩 (holding) 에 ESG 데이터가어떻게사용되는지를보여주는 SIP(Statement of Investment Principles) 에의해기관투자자들을규제하는것이다. Eurosif은이두가지조합을통해선순환구조를만들수있다고주장한다. 투자자는기업들의장기생존가능성을하나의투자전략으로보고이를주식투자에활용함으로써해당기업들에게보상하고, 기업들은투자자들을매혹하기위해지속가능경영을시행하여자사의주가를높이고, 자본비용을낮게할수있게한다는것이다. 이러한두가지목표는 EC의무역 / 고용 / 사회서비스부문총재로부터관심을표명받은상태이다. 마지막 3번째는투표권행사의과정과정보의공개에관한것으로, EC내주요토의대상이되지못했다. 궁극적으로, Eurosif는의결이잘시행되었다는것을주주권행사의관리자혹은의결권대리행사자가확인할수있도록 EC가규제해야한다는의견을밝혔다. 74
국 / 내 / 동 / 향해 / 외 / 동 / 향센 / 터 / 소 / 식 기후변화대상투자에대한 ATP 의방향 480억유로화규모의공적연금기관인 ATP((Arbejdmarkedets TillaegsPension or Labor Market Supplementary Pension) 는가장큰기후변화대상투자프로그램을선보였고, 앞으로도추가적인투자계획을가지고있다고밝혔다. 구체적으로, 지난주에미국뉴저지 (New Jersey) 의 Hudson Clean Energy Partners가운영하는 global clean tech renewable energy fund에유럽에서 4번째로큰연금투자규모인 2억 9천 2백만유로화를투자하였는데, 주로바이오매스 (biomass: 생물학을이용한친환경연료 ) 와 2세대바이오 (bio) 연료에초점을맞추고있었다. 이펀드는 2천 4백만유로화로뉴욕주 Hudson 삼림지상부의 38,000 헥타르 (hectares) 을구매하는것을시작으로지속성장가능한환경분야에총 4억유로화규모의투자를할것이라고공약했다. 이와관련해서, ATP의대표이사 Lars Rohde는기후관련투자를확대할계획이지만, 본격적인투자에대해서는신중한의견을보였고, 향후투자금중큰부분을 2세대바이오연료 (biofuels) 와바이오매스 (biomass) 같이추가검증이필요한에너지솔루션 (Energy Solution) 에투자할계획이라고밝혔다. 벨기에지배구조모범규준 - 주요개정 벨기에기업지배구조위원회는새버전 (version) 의기업지배구조모범규준을 2009년 3월12일에발간하였다. 이개정판은금융 / 경제위기상황이라는배경과중요한사회적변화에맞추어, EU와벨기에의기업지배구조법률, EU 회원국들의모범지배구조관행및규준전개방향, 벨기에지역사회와주주의기대를고려하여제정되었습니다. 개정내용중일부는다음과같습니다. 원칙 1: 기업은투명한지배구조를채택하기로되어있다. 리더쉽 (Leadership) 과기업사회책임 (CSR: Corporate Social Responsibility) 해외동향 75
기 업 지 배 구 조 리 뷰 조항 1.2의수정된가이드라인과新가이드라인 - 1.2 이사회는기업의가치와전략, 전략의위험성향과주요정책들을결정하여야한다. - Guideline 이사회는적정한리더십과인적 / 재무적자원을기업이그것의목적을추구하는데배치하여야한다. - Guideline 기업가치와전략을기업주요정책에반영하는과정에서이사회는기업의사회공헌활동 (CSR:Corporate Social Responsibility) 과성 (sex) 을비롯한전반적인사회적다양성에관심을가져야한다. 원칙 2: 기업은중요한이해사항을결정할수있는효과적이고효율적인이사회를갖기로되어있다. 독립적인이사 (Independent Directors) 수정된조항인 2.3과 2.4-2.3 적어도이사회의반은비상근이사로구성되어야하고적어도그들중세명은부록 A에제시된기준들에의해독립적이어야한다. 독립적인이사로고려되기위해서는이사는회사의직무상에서, 대주주및친인척과의관계에서혹은다른관계에서아무런이해가없어야한다. 기업의지배주주혹은경영진중어느누구도해당이사의판단에영향을미칠수있는이해에상충이일어나게해서는안된다. - 독립성을평가하는데있어부록 A에제시된기준들은반드시고려되어야한다. - 기업은어느이사가독립적인이사인지밝혀야한다. 부록 A의하나혹은그이상의기준 ( 들 ) 이충족되지않는다면, 해당이사가독립적으로고려된다할지라도기업은그이유 ( 들 ) 을반드시밝혀야한다. 조항 2.3 에서삭제된가이드라인 기업지배구조리뷰 - Guideline 비상근이사는이사회내사내이사가가지는책무를가지지않는이사회의한구성원이다. - Guideline 지배주주는단독으로혹은제휴하거나, 직접적으로혹은간접적으로기업모범규준의조항 5에서의미하는바대로기업을통제하는주주이다. - 2.4 기업지배구조헌장에명시되고있는이사회구성원명부에는이사들이독립적이라는것이표현되어야한다. - ( 이사 ) 독립성요건을충족시키지않는독립적인이사는즉시이사회에통지하여야한다. 76
국 / 내 / 동 / 향해 / 외 / 동 / 향센 / 터 / 소 / 식 기업지배구조및 CSR 관련컨퍼런스, 포럼, 세미나등 5월의행사 May 1, New York, NACD New York Chapter Event(Is Director Credibility Imperiled?), unknown&product_major=nyn050109&functionstartdisplayrow=1 May 4-5, Baltimore, Boardroom Diversity Symposium, Corporate Board member. www.boardmember.com/conferences. May 4-5, UAE, Middle East Waste and Water Forum, http://www.marcusevansc ongress.com/congasianindex.asp. May 5, Johannesburg, COMMUNICATING TOWARDS A NEW ECONOMY, http://www.iodsa.co.za/event_more.asp?showwhat=eventblock&r=gau&functionid =183. May 5, Sydney, Outsourcing Strategies & The Board, http://www.companydirectors.com.au/events/nsw. May 5-8, Kuala Lumpur, 6th Islamic Financial Services Board Summit: The Future of Islamic Financial Services, http://www.ifsb.org/event_detail.php?e_id=93. May 6, Hong Kong, CUMBA CSR Conference 2009 "Creating Sustainable Impacts - CSR as a Competitive Edge", http://www.asria.org/news/events/1239163746. May 6, Toronto, 2009 National Governance Conference: New Risk, Accountability and Leadership Challenges, http://www.conferenceboard.ca/conf/09-0118/default.aspx. May 7, Boston, NACD New England Director of the Year Awards, unknown&product_major=man050709&functionstartdisplayrow=1. May 7, San Francisco, Hanson Bridgett's Sustainable Business Leadership Forum:Sustainable Products, Successful Companies, http://www.acteva.com/booking.cfm?bevaid=178450. May 7-8, Beijing, Energy Efficiency Asia 2009, http://www.asria.org/news/events/1232526393. 해외동향 77
기 업 지 배 구 조 리 뷰 May 8, Fairfield, Family Councils and Board Evaluations, unknown&product_major=cth050809&functionstartdisplayrow=1. May 10-13, TBA, 2009 International Internal Auditors Conference, http://www.iodsa.co.za/event_more.asp?showwhat=eventblock&r=gau&functionid =182. May 11, Calgary, 2009 Western CSR: Assessing the Business Value of CSR, http://www.conferenceboard.ca/conf/09-0119/default.aspx. May 11-15, Luxembourg, Fund Administration and Custody Evolution 2009 - Fresh Perspectives on Custody & Fund Administration in The New Economic Paradigm, http://icbi-uk.com/events_category.php?event_categid=10. May 12, Boston, The Nominating and Governance Committee-Best Practices in Uncertain Economic Times, unknown&product_major=man051209&functionstartdisplayrow=1. May 12, Dallas, CEO Succession: The Boardʼs Role, unknown&product_major=txn051209&functionstartdisplayrow=1. May 12, Washington, Board Responsibilities in Times of Corporate Challenge, Distress, and/or Bankruptcy, unknown&product_major=dcc051209&functionstartdisplayrow=1. May 12-13, Beijing, 4th Renewable Energy Finance Forum, http://www.asria.org/news/events/1236237752. 기업지배구조리뷰 May 13, Brisbane, Directors Briefing - How to Get on a Board, http://www.companydirectors.com.au/events/qld. May 13, Calgary, 2009 Western Governance: Setting the Course in Uncertain Times, http://www.conferenceboard.ca/conf/09-0145/default.aspx. May 13, Johannesburg, Audit Committee Training (ACT) on Accounting, http://www.iodsa.co.za/event_more.asp?showwhat=eventblock&r=gau&functionid =167. 78
국 / 내 / 동 / 향해 / 외 / 동 / 향센 / 터 / 소 / 식 May 13, Kings Park, Directors Briefing: Funding Growth - Where's the moneyat?, http://www.companydirectors.com.au/events/wa. May 13-15, Beijing, China Green Business Summit 2009, http://www.asria.org/news/events/1233734287. May 13-15, Hertfordshire, By Legal For Legal, http://www.icbi-events.com/bylegalforlegal. May 14, Chicago, Board Evaluation and Effectiveness, unknown&product_major=ilc051409&functionstartdisplayrow=1. May 14, Philadelphia, Avoiding the Next Round of Corporate Meltdowns: The Role of the Board in Risk Assessment and Management, unknown&product_major=pap051409&functionstartdisplayrow=1. May 14, Traralgon, Impact of Climate Change on Business - Gippsland, http://www.companydirectors.com.au/events/vic. May 18. Western Cape, Audit Committee Training (ACT) on Accounting, http://www.iodsa.co.za/event_more.asp?showwhat=eventblock&r=wcape&function ID=171. May 18-20, SC, The 61st Audit Directors & Managers Symposium, http://www.misti.com/default.asp?page=85&return=70&productid=6729. May 18-20, Amman, IFSB - FIS Workshop Series (Jordan): Transparency and Market Discipline Capital Adequacy, http://www.ifsb.org/event_detail.php?e_id=103. May 19, Houston, Economic Crisis, Uncertainty, and Change - A New Era of Governance and Oversight, unknown&product_major=txh052109&functionstartdisplayrow=1. May 19, New York, Risk Oversight in the Downturn and Beyond: Achieving Risk Intelligence Roundtable (New York), http://www.directorship.com/content37642.html. May 19, San Francisco, Executive Compensation - A New Day in Director Oversight, 해외동향 79
기 업 지 배 구 조 리 뷰 unknown&product_major=can051909&functionstartdisplayrow=1. May 19, San Antonio, Risk Management in the New Environment, unknown&product_major=txh051909&functionstartdisplayrow=1. May 19, Seattle, Hot Topics and Director Legal Briefing: What you must know for 2010, unknown&product_major=was051909&functionstartdisplayrow=1. May 19-20, Port Louis, Seminar on Islamic Capital Markets, http://www.ifsb.org/event_detail.php?e_id=97. May 19-21, Orlando, Sustainable Solutions for Business and Government, http://greencities.com. May 20, Atanta, Dennis Beresford, Overview and Update on NACD, unknown&product_major=gaa052009&functionstartdisplayrow=1. May 20, Denver, Management-Board Issues in Early Stage Technology Companies, unknown&product_major=cod052009&functionstartdisplayrow=1. May 21, Sydney, Challenges for Boards in the Upcoming Reporting Season, http://www.companydirectors.com.au/events/nsw. May 25, Sydney, OH&S: Issues for the Board, http://www.companydirectors.com.au/events/nsw 기업지배구조리뷰 May 25, Western Cape, Audit Committee Roundtable Series, http://www.iodsa.co.za/event_more.asp?showwhat=eventblock&r=wcape&function ID=158. May 27, Johannesburg, Audit Committee Roundtable Series, http://www.iodsa.co.za/event_more.asp?showwhat=eventblock&r=gau&functionid =159. May 27, San Antonio, Economic Crisis, Uncertainty, and Change - A New Era of Governance and Oversight, 80
국 / 내 / 동 / 향해 / 외 / 동 / 향센 / 터 / 소 / 식 unknown&product_major=txh052709&functionstartdisplayrow=1. May 27-28, Tokyo, TBLI Asia, http://www.asria.org/news/events/1233550917. May 28, Minneapolis, Board's Role in Leadership Succession - Raising the Bar for Privately Held Companies, unknown&product_major=mnm052609&functionstartdisplayrow=1. May 31, Dubai, Business Process Excellence Summit, http://www.iirme.com/bpe. 6월의행사 June 1-2, London, Coal: An Answer to Energy Insecurity?, http://www.chathamhouse. org.uk/coal. June 1-2, New Delhi, India Investment Forum http://www.iiconferences.com/new-delhi.html. June 1-3, Abu Dhabi, IFSB - FIS Workshop Series (UAE): Corporate Governance Risk Management Supervisory Review Process, http://www.ifsb.org/event_detail.php?e_id=104. June 1-3, Dubai, Business Process Excellence Summit, http://www.iirme.com/bpe. June 2-3, Durham, SJF Summit on the New Green Economy, http://www.sjfund.com/?id=335. June 3, Kings Park, Directors Briefing: Carbon Trading & Climate Change, http://www.companydirectors.com.au/events/wa. June 4, Launceston, Directors Briefing & Get Together, http://www.companydirectors.com.au/events/tas. June 4, Warrnambool, Impact of Climate Change on Business - Warrnambool, http://www.companydirectors.com.au/events/vic/vic+events.htm?state=back&acc p=2. June 5, Ottawa, 2009 Spring Technical Forecasting Seminar, http://www.conferenceboard.ca/conf/09-0126/default.aspx. June 9, Dallas, Non-Profit Boards: Responsibilities of the Director, 해외동향 81
기 업 지 배 구 조 리 뷰 unknown&product_major=txn060909&functionstartdisplayrow=1. June 9, New York, Global Forum, http://www.directorship.com/global. June 9-10, Tokyo, The 4th Annual Japan Investment Forum, http://www.iiconferences.com/japan.html. June 9-12, Ljubljana, Network Management Forum (NeMa), http://www.icbi-events.com/nema. June 10, Atanta, 2009 Directors' College - A Two Day Seminar, unknown&product_major=gaa061009&functionstartdisplayrow=1. June 10, New York, CFO Executive Summit, http://www.evanta.com/cfo/summit/overview.php?i=nyc. June 10-12, Boston, Institute on Corporate Citizenship, http://www.bcccc.net/index.cfm?fuseaction=coursecalendar.viewcourse&course_id= 5716&master=0. June 10-12, Boston, Integrating Corporate Citizenship Across the Company, http://www.bcccc.net/index.cfm?fuseaction=coursecalendar.viewcourse&course_id= 5717&master=0. June 10-13, Cairns, Company Directors Conference 2009, http://www.companydirectors.com.au/events/conference. June 11-12, Brussels, Global Corporate Responsibility Reporting Summit, http://www.ethicalcorp.com/globalreporting/?t=ec-conferences-homepage. 기업지배구조리뷰 June 16, Mornington, Impact of Climate Change on Business - Mornington Peninsula, http://www.companydirectors.com.au/events/vic/vic+events.htm?state=back&acc p=2. June 16-17, London, UK Corporate Governance Summit, http://www.ethicalcorp.com/corporategovernance/?t=ec-conferences-homepage. June 16-17, Moscow, 6th Annual Russian Securities Forum, http://www.icbi-events. com/russiansecurities. 82
국 / 내 / 동 / 향해 / 외 / 동 / 향센 / 터 / 소 / 식 June 16-18, Monaco, 15th Annual GAIM International, http://www.icbi-events.com/gaim/ June 17, Minneapolis, Edgy Times for Board Members, unknown&product_major=mnm061709&functionstartdisplayrow=1. June 17, Sydney, Growth by Acquisition: Driving Shareholder Value, http://www.com-panydirectors.com.au/events/nsw. June 18, Toronto, Institutional Investor Conference 9ca, http://www.iifoundation.org/calendarintro.cfm. June 21-25, Dubai, Compensation & Benefits Forum, http://www.iirme.com/compensation/ June 22-24, Sydney, 2nd Annual Compliance Risk & Compliance Control, http://www.tonkincorporation.com/?m=5&id=300&t=2. June 22-25, Monaco, 19th Annual FundForum International. http://icbi-uk.com/events_category.php?event_categid=10. June 23-24, Beijing, China Investment Management Summit, http://www.iiconferences.com/cims.html. June 23-24, Kuala Lumpur, Carbon Markets Asia, http://www.asria.org/news/events/1233735228. June 23-24, New York, Hedge Fund Investor Symposium, http://www.iiconferences.com/hfis.html. June 24, Melbourne, Luncheon: AGMs in the Limelight: Guidance for Boards, http://www.companydirectors.com.au/events/vic/vic+events.htm?state=back&acc p=2. June 24-26, Versailles, Legal Leaders' Forum, http://www.icbi-events.com/legalleaders. June 30, Ballarat, Impact of Climate Change on Business - Ballarat, http://www.companydirectors.com.au/events/vic/vic+events.htm?state=back&acc p=2. 편집팀 해외동향 83