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Showing 101 - 110 of 459 results for "directors"

Task Force on Climate-Related Financial Disclosures disbanded

ROSE MARY PETRASS  |  WEDNESDAY, 27 DEC 2023  |  NEWS
... the proposal includes a three-year transitional period during which time only the regulator can take action against directors and reporting entities in relation to forward-looking statements and Scope 3 emissions. Treasury has stated in its consultation ...

ACSI updates voting guidelines

RACHEL ALEMBAKIS  |  THURSDAY, 14 DEC 2023  |  NEWS
... include: Cyber security: Expectations include a need for more understanding of the digital security expertise held by directors and/or the external expertise boards use for advice and assurance. Worker safety : The quality of safety reporting practices ...

Boards not ready for new workplace laws

ROSE MARY PETRASS  |  MONDAY, 11 DEC 2023  |  NEWS
New research finds that most directors are concerned their boards may not be fully prepared to meet new workplace sexual harassment laws when they come into force this week. From 12 December, the Australian Human Rights Commission will enforce the Positive ...

Nature-related risk a potential risk to directors

RACHEL ALEMBAKIS  |  THURSDAY, 16 NOV 2023  |  NEWS
Corporate directors have an obligation to consider nature-related risk in much the same way as other financial risks, according to a new legal opinion. Directors can take steps to identify and manage nature-related risks is the headline conclusion of ...

ANZ in court over climate and nature risk failure

ROSE MARY PETRASS  |  THURSDAY, 9 NOV 2023  |  NEWS
... being managed." A legal opinion published in October this year by Sebastian Hartford-Davis and Zoe Bush warned that directors who fail to consider biodiversity risks could be found liable for breaching their duty of care and diligence. "This means that ...

Fears grow around greenwashing litigation protections

ROSE MARY PETRASS  |  MONDAY, 6 NOV 2023  |  NEWS
... Sustainability reported in June, the proposal includes a three-year transitional period with regulator-only action against directors and reporting entities in relation to forward-looking statements and Scope 3 emissions possible during this time. Lawyers ...

Two-thirds of boards lack ESG understanding: PwC

ROSE MARY PETRASS  |  TUESDAY, 17 OCT 2023  |  NEWS
... quarter report a robust sense of carbon emissions and even less of their company's climate risk or strategy. Half (51%) of directors say their board is adequately prepared for upcoming mandatory ESG disclosures, up from 25% in 2022. However, 54% of directors ...

Mandatory climate reporting challenges directors: AICD

RACHEL ALEMBAKIS  |  THURSDAY, 5 OCT 2023  |  NEWS
... in Australia, the "biggest change in corporate reporting in a generation," with the Australian Institute of Company Directors (AICD) publishing a guide to assist directors' focus on the task ahead. The AICD guide is designed to support directors ...

HESTA releases 2023 AGM hit list

ROSE MARY PETRASS  |  MONDAY, 25 SEP 2023  |  NEWS
... said the superfund wrote to ASX 300 companies ahead of the AGM season and was having direct conversations with board directors and senior executives on behalf of members. She said these active ownership themes reflect the fund's commitment to responsible ...

MONEYME becomes a B Corp

RACHEL ALEMBAKIS  |  THURSDAY, 7 SEP 2023  |  NEWS
... considering how the market views greenwashing." As part of the process, MONEYME amended its constitution to require that directors must consider ESG stakeholders in business decisions and that the company must generate returns for shareholders while ...