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Showing 91 - 100 of 1547 results for "governance"

World Bank exit policy gets thumbs up from local experts

ROSE MARY PETRASS  |  THURSDAY, 21 NOV 2024  |  NEWS
... bring to the table," she said. "Having a clear policy/guidelines for how to engage and when to exit is part of good governance." While IFC's new policy does incorporate these strategies, George said divestment was still "the most effective tool" where ...

COP fails to bridge yawning funding gap

ROSE MARY PETRASS  |  MONDAY, 18 NOV 2024  |  NEWS
Developing countries are asking for more climate financing and wealthy nations debating how to pay for it. The 2024 UN Climate Change Conference (COP 29) runs from 11-22 November 2024 in Baku, Azerbaijan. So far, COP29 chief executive Elnur Soltanov ...

New risks on board watch list

ROSE MARY PETRASS  |  MONDAY, 18 NOV 2024  |  NEWS
... businesses, their clients and their staff." Directors are also extremely concerned about cyber-attacks (72%), as well as AI governance (35%). Housing affordability and supply (33%), government energy policy (25%), national skills shortages (83%), and ...

Unloved sector poised to reap rewards

ROSE MARY PETRASS  |  FRIDAY, 15 NOV 2024  |  NEWS
... systemic risk to economic productivity, healthcare costs, and social stability. Lin calls on investors to strengthen governance practices within the sector - as bad governance can have catastrophic consequences. "Good governance is the cornerstone of ...

More work needed on climate risk response

ROSE MARY PETRASS  |  THURSDAY, 14 NOV 2024  |  NEWS
... regressed since 2022. Large banks improved, while large insurers and superannuation trustees remained broadly unchanged. Governance and strategy, and risk management, were overall the areas of strength, while disclosure and metrics and targets performed ...

Cbus board still considering CFMEU directors

JAMIE WILLIAMSON  |  TUESDAY, 12 NOV 2024  |  NEWS
Fronting a Senate hearing today, Cbus chief executive Kristian Fok said the fund's board is still considering whether it will appoint the replacement directors nominated by the CFMEU back in September. In September, the CFMEU administrator re-nominated ...

HESTA red flags MinRes for governance failures

ANDREW MCKEAN  |  MONDAY, 11 NOV 2024  |  NEWS
... HESTA chief executive Debby Blakey has said the super fund has been engaging directly with MinRes regarding its recent governance failures and "remains disappointed" with the company's responses. "Our concerns include that the managing director's ...

Australia waits for 2035 target

ROSE MARY PETRASS  |  MONDAY, 11 NOV 2024  |  NEWS
Matt Kean urges investors to heed sector decarbonisation plans as the nation waits for Canberra to announce its 2035 emissions reduction target. The date of release for the government's 2035 target has yet to be announced and could be delayed until ...

Climate debate shifts gears after Trump win: IGCC

ROSE MARY PETRASS  |  THURSDAY, 7 NOV 2024  |  NEWS
The US election loomed large over the first day of the Investor Group on Climate Change (IGCC) summit 2024. Trump's vows to repeal the IRA and environmental protection laws, exit the Paris Agreement, and increase spending on oil. This signifies ...

Boards vulnerable to next wave of climate litigation: IGCC

MICHELLE BALTAZAR  |  THURSDAY, 7 NOV 2024  |  NEWS
Climate litigation is on the rise, with incoming legislation and a Trump-led US government amping up the risks in the next four years - and new types of lawsuits are emerging. Speaking at the IGCC summit this week in Melbourne, academic expert Jaqueline ...