DX’s lesson should be headed by other companies

The woes of parcel and freight delivery company DX (LON: DX.) could prove a wake up call for other quoted companies when it comes to environmental, social and governance (ESG) issues. A lack of attention to corporate governance problems has hit DX and its share price.

ESG information and reporting has been gaining momentum in the past few years and this year it appears that investors are taking even more interest. More regulation is being introduced. This means that a company’s board needs to take these things seriously.

According to DX, “The Company's Audit & Risk Committee has recently raised a corporate governance inquiry relating to an internal investigation commenced during the financial year ended 3 July 2021”. The inquiry is ongoing and will delay the publication of the a...

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