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Showing 1201 - 1210 of 1261 results for "board"

Share placements become governance issue for investors

RACHEL ALEMBAKIS  |  FRIDAY, 23 DEC 2011  |  NEWS
... AU$1.89bn through capital raisings, the paper also concluded. "The placement, the discount to the market place, set by the board the participants are set by the board, and you never know the details," said Martin Lawrence, a director at Ownership Matters. ...

Durban agreements to impact Australia's ETS

RACHEL ALEMBAKIS  |  FRIDAY, 16 DEC 2011  |  NEWS
... private sector investment and using other financial instruments rather than grants and concessional loans. There will be a board to establish the funds and determine the investments. By the looks of the documents that came out in Durban, it will be quite ...

CSL reports new anti-corruption policy, lower emissions

RACHEL ALEMBAKIS  |  FRIDAY, 16 DEC 2011  |  NEWS
... reported. In July 2011, the company adopted a new anti-bribery and anti-corruption policy. The policy was adopted after the board decided it was "appropriate" to have a stand-alone detailed policy. The policy details a "zero-tolerance" approach to acts ...

David Bradbury announces inquiry on future of the AGM

RACHEL ALEMBAKIS  |  WEDNESDAY, 7 DEC 2011  |  NEWS
... impediments to the use of electronic voting. Bradbury also pointed to recent discussions of companies moving voluntarily to annual board elections, as currently practised in the United Kingdom. "I welcome these discussions because they show that directors ...

Climate Bond Standard to screen green bonds

RACHEL ALEMBAKIS  |  FRIDAY, 25 NOV 2011  |  NEWS
... Kidney, chair of the Climate Bonds Initiative. The finalised text of the standard was approved by the Climate Bond Standards Board -the Investor Group on Climate Change (IGCC), California State Teachers' Retirement System (CalSTRS), the Natural Resources ...

Company directors must improve shareholder communication

RACHEL ALEMBAKIS  |  WEDNESDAY, 23 NOV 2011  |  NEWS
... year, and that while executive remuneration was one issue of engagement, ACSI also raised questions about sustainability, board diversity, investment performance and health and safety, among others. Byrne noted that in engaging with companies about their ...

Green bonds form basis of new institutional investment funds

RACHEL ALEMBAKIS  |  FRIDAY, 18 NOV 2011  |  NEWS
... certification is a signal and it allow investors such as [California State Teachers Retirement System] CalSTRS, which is on our board, to look for climate bonds," Kidney said. Crafter noted that once they have selected the issuers, ongoing reporting ...

Bradbury highlights corporate ESG reporting inconsistencies

RACHEL ALEMBAKIS  |  WEDNESDAY, 16 NOV 2011  |  NEWS
... consecutive annual general meetings under the legislation. If a majority of shareholders then vote in favour of getting rid of the board, directors will face fresh elections at a subsequent spill meeting. The legislation also stipulates that boards must ...

Using ESG factors to broaden fixed income analysis

RACHEL ALEMBAKIS  |  FRIDAY, 28 OCT 2011  |  NEWS
... shareholders, who both have a shared interest in the good corporate governance through all those risk management issues - board effectiveness, transparency, governance of the company. They are all part of what the creditors have to bear in terms of the ...

Governance, environmental issues for AGM season

RACHEL ALEMBAKIS  |  FRIDAY, 28 OCT 2011  |  NEWS
... the second strike will be triggered. "We've been against the two strikes rule because it conflates the right to remove a board with the feedback they're being given on pay," said Dean Paatsch, a director at Ownership Matters. "I've detected no appetite ...