Governance | Article
11 May 2026 - The UK recently (Nov 5, 2025) revisited one of the norms that has long limited board-level equity ownership. Updated guidance from the Financial Reporting Council now clarifies that share-based remuneration for non-executive directors can be appropriate where it supports long-term alignment, provided independence is preserved, and conflicts are carefully managed. It is a subtle but meaningful shift, and it arrives at exactly the right moment. New research from FCLTGlobal, conducted in collaboration with MSCI Institute, gives boards and investors a compelling reason to pay attention.
Stakeholder Capitalism | Article
11 May 2026 - Using equity as part of employee compensation reinforces an ownership culture across the employee base. And ownership by employees, executives, and board members has been shown to create value over the long term. Having “skin in the game” is largely considered a good idea. Yet, companies often receive pushback from proxy advisors such as ISS that issuing shares to provide equity to their team causes dilution, even if the companies repurchase an equal number of shares in the marketplace.
Governance | Report
13 April 2026 - This research, conducted in collaboration with MSCI Institute and leveraging data from MSCI Solutions, examines how director equity ownership shapes long-term outcomes across more than 2,100 global public companies. The findings are clear and consistent across markets: when directors — particularly independent directors — hold meaningful, sustained equity stakes, companies deliver stronger long-term performance.
Governance | Toolkit
13 April 2026 - This toolkit is designed to support structured board-level discussion on how ownership connects to the company’s purpose, time horizon, and governance responsibilities.
Governance | Toolkit
13 April 2026 - This toolkit is intended to help long-term investors evaluate board ownership as a governance mechanism.
Governance | Toolkit
13 April 2026 - This toolkit will help boards and compensation committees assess whether board ownership provides durable, meaningful exposure aligned with long-term value creation.
In the News
1 April 2026 - The head of Hong Kong’s government investment agency has been appointed as a director of a global organization that brings together leading firms and investors, marking the first time a Chinese sovereign wealth fund has held a seat on the board.
Press Release
1 April 2026 - 1 April 2026 – FCLTGlobal, a non-profit organization whose mission is to mobilize companies and investors to focus capital on the long term to create lasting value, announced today that Clara Chan, CEO of the Hong Kong Investment Corporation Limited (“HKIC”) – the flagship patient capital institution wholly owned by the Government of the Hong Kong Special Administrative Region has joined its Board of Directors.
Risk and Resilience | Podcast
9 March 2026 - “The idea that somehow trade is going to stop or that international activity will stop is not the case at all… Patterns are changing… and what that means to the long term… is now the great uncertainty.”
Report
5 March 2026 - On 25 February 2026, we had the privilege of bringing together our members and other leaders in global business and investing for FCLT Summit 2026, FCLTGlobal’s annual convening, where we address the most pressing challenges facing long-term value creation in today’s capital markets.
Press Release
26 February 2026 - FCLTGlobal announced that Sarah Keohane Williamson, its founding Chief Executive Officer, will retire from the organization. Williamson shared the news at FCLT Summit 2026, the annual gathering of the organization’s members.
Podcast
3 February 2026 - “Whether it was in the late eighties and early nineties on real estate, whether it was the fallen angels in the 1999–2000 timeframe, or into the financial crisis… leverage is consistent. And when it gets out of hand, it causes trouble.”