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Aviva Investors puts companies on notice over climate

RACHEL ALEMBAKIS  |  THURSDAY, 4 FEB 2021  |  NEWS
Aviva Investors has warned 30 global companies that they expect them to deliver net zero goals by 2050 and will back up its engagement with escalatory actions including divestment. Aviva Investors announced its Climate Engagement Escalation Programme ...

Opinion: Sustainable finance: the new normal in 2021

SIMON O'CONNOR, JACKI JOHNSON  |  THURSDAY, 4 FEB 2021  |  NEWS
Note: This piece was contributed by Jacki Johnson and Simon O'Connor, co-chairs of the Australian Sustainable Finance Initiative and solely reflect the writers' opinion Many will opine on the lessons learnt from 2020, but the seismic shifts ...

CGI Glass Lewis makes appointments for Australia, APAC

RACHEL ALEMBAKIS  |  WEDNESDAY, 3 FEB 2021  |  NEWS
... Lewis' Australian and New Zealand research, a continuation of a role he has had for the past two years as CGI Glass Lewis' director of research. Prior to joining CGI Glass Lewis, Foo was a forensic accountant in the disputes and international arbitration ...

Divestment should be tool of last resort on climate: ACCR

RACHEL ALEMBAKIS  |  MONDAY, 1 FEB 2021  |  NEWS
... patchy, which makes meaningful comparison between funds impossible, said Dan Gocher, lead author of the report and ACCR's director of climate and environment. "The lack of consistent language and consistent reporting makes it impossible for members to ...

Rio leadership overhaul aimed at restoring trust, license to operate

RACHEL ALEMBAKIS  |  THURSDAY, 28 JAN 2021  |  NEWS
... chief executive; copper and diamonds chief executive Arnaud Soirat will become group COO; and Kellie Parker, now managing director Pacific operations aluminium, will join the executive committee as chief executive Australia. While Rio Tinto continues ...

Climate Action 100+ aviation engagement takes off

RACHEL ALEMBAKIS  |  THURSDAY, 28 JAN 2021  |  NEWS
... engagement target list. The new aviation strategy continues the existing engagement with Qantas, noted Laura Hillis, director of Climate Action 100+ at the Investor Group on Climate Change (IGCC). "It doesn't change the nature of engagement, it will ...

SGX hires head of sustainability

RACHEL ALEMBAKIS  |  WEDNESDAY, 13 JAN 2021  |  NEWS
Singapore Exchange (SGX) has hired Herry Cho to a newly created position of managing director, head of sustainability and sustainable finance. Cho will report to SGX CEO Loh Boon Chye, and joins 8 February. Her appointment is the latest stage in SGXs ...

SSGA to use proxy vote over ethnic, racial diversity

RACHEL ALEMBAKIS  |  WEDNESDAY, 13 JAN 2021  |  NEWS
... chair of the nominating and governance committee at companies in the S&P 500 and FTSE 100 that do not have at least one director from an underrepresented community on their boards. "The bulk of the letter this year was around racial and ethnic diversity," ...

Tech platform to assist ASX companies in ESG reporting

RACHEL ALEMBAKIS  |  THURSDAY, 7 JAN 2021  |  NEWS
... batteries, is using the Socialsuite platform to track its environmental and social impacts, said Francis Wedin, managing director. "What we do as a company is really heavily skewed to the environmental side, but it does filter into the social side as ...

Future Super to reduce fees on fund options

RACHEL ALEMBAKIS  |  TUESDAY, 29 DEC 2020  |  NEWS
... strong passion for renewable energy and ethical investment. Malley is also chair of the Pinnacle compliance committee and director and chair of the audit and risk committee for Perpetual Super and Perpetual Equity Investment Company. Future Super has ...