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Showing 91 - 100 of 462 results for "directors"

Investors fail to vote for climate despite pledges

ROSE MARY PETRASS  |  THURSDAY, 11 APR 2024  |  NEWS
Board directors of energy companies continue to be elected with over 95% shareholder support, even when those companies perform poorly against investor expectations. More than six years after the launch of the Climate Action 100+ (CA100+) Net Zero Company ...

MLC Life hires from U Ethical

ELIZABETH FRY  |  THURSDAY, 4 APR 2024  |  NEWS
A former U Ethical Investors' ethics and impact manager has landed at MLC Life Insurance as a sustainability manager. In the new role, Desiree Lucchese will help advance, refine, and implement the insurer's broad sustainability strategy and ...

Directors welcome new climate reporting regime

ROSE MARY PETRASS  |  THURSDAY, 28 MAR 2024  |  NEWS
... for international capital and incentivise investment in the energy transformation. The Australian Institute of Company Directors (AICD) welcomed the development. Managing director and CEO Mark Rigotti said the rules will incentivise organisations to ...

AI poses serious governance risk

MICHELLE BALTAZAR  |  FRIDAY, 15 MAR 2024  |  NEWS
... (HTI), which released The State of AI Governance in Australia report last May. The report surveyed over 300 ASX company directors and executives on their understanding of AI governance. It found that while two-thirds of organisations use or intend to ...

Why top firms have more women on boards: AICD

ROSE MARY PETRASS  |  THURSDAY, 14 MAR 2024  |  NEWS
... corporate governance - but the rest of the index will soon follow suit, according to the Australian Institute of Company Directors (AICD). New AICD data finds top listed companies have at least 40% women on boards - while the February Workplace Gender ...

Directors sweat on climate: AICD

ROSE MARY PETRASS  |  TUESDAY, 5 MAR 2024  |  NEWS
Aussie directors are feeling the heat on climate risk and regulatory pressure, while preparation for mandatory climate reporting is a mixed bag. The majority (80%) of Australian directors are concerned about climate-related risks. Of those who reported ...

Business calls for 12-month climate reporting delay

ROSE MARY PETRASS  |  THURSDAY, 29 FEB 2024  |  NEWS
... prevent "risking failure." This comes as Treasury considers a 6-month delay raised by the Australian Institute of Company Directors. Treasury is also considering an extension to modified liability to class action lawsuits and private litigators, in addition ...

Dramatic spike in votes against ASX remuneration: Georgeson

RACHEL ALEMBAKIS  |  MONDAY, 12 FEB 2024  |  NEWS
... company gets two strike votes in consecutive years at AGM, shareholders can then vote to spill the board, requiring directors to present themselves for re-election. That has not yet happened in Australia. There is a big uplift in the number of strikes," ...

Australia climbs quickly on climate policy development

ROSE MARY PETRASS  |  MONDAY, 5 FEB 2024  |  NEWS
... the development of these laws, standards and regulations happen at breakneck speed. The materiality and immunity of directors and companies reporting climate-related financial disclosures is also of great concern." Climate-related financial disclosures ...

Senior appointments at ag managers

RACHEL ALEMBAKIS  |  THURSDAY, 25 JAN 2024  |  NEWS
... hired Hugh Killen, as chief executive officer and managing director Australia, who is also remaining on the board of directors. Killen is the outgoing Chairman of London-based global natural capital asset management firm Climate Asset Management, and ...