Search Results

Showing 121 - 130 of 665 results for "shareholder"

Fossil-fuel engagements require flexibility, not confrontation

ROSE MARY PETRASS  |  MONDAY, 2 SEP 2024  |  NEWS
... capacity to change." Finally, Mike-Cannon Brookes bought a 11.28% stake in AGL in 2022, making him the biggest single shareholder, and blocked AGL's demerger plans. Other experts feel the same. According to Paul Oosting, chief growth officer at Acacia ...

Australian Ethical profit up 57% to $18.5m

ROSE MARY PETRASS  |  THURSDAY, 29 AUG 2024  |  NEWS
Australian Ethical's profits are up, revenue up, and dividends up, with the share price jumping by just over 6%. The fund grew its funds under management by 13% to $10.4 billion, revenues by 24% to $100.5 million, and record underlying profit after ...

Shareholders to pressure supermarkets over seafood sourcing

ROSE MARY PETRASS  |  WEDNESDAY, 28 AUG 2024  |  NEWS
... partnership with the Australian Government's Fisheries Research & Development Corporation (FRDC). High barrier for shareholder resolutions While shareholder activism is "very normal" overseas, it's a different story in Australia. In 2023, the US saw ...

Green job market heats up

ROSE MARY PETRASS  |  MONDAY, 26 AUG 2024  |  NEWS
... ACCR executive director Brynn O'Brien praised Kwan's move as "courageous" and said it is "a critical time" for the shareholder advocacy and research organisation: "We need all hands on deck." Joshua Edmunds has left the Responsible Investment Association ...

Shareholders to say 'no' to gambling ads

MICHELLE BALTAZAR  |  TUESDAY, 13 AUG 2024  |  NEWS
... Australian Institute of Health and Welfare found. "We've waited too long for governments to act, so now we're using shareholder power to take action," said Reverend Tim Costello, chief advocate of AGR and former chief executive of World Vision ...

Woodside's US$2.35bn gamble raises doubts

ROSE MARY PETRASS  |  MONDAY, 12 AUG 2024  |  NEWS
The energy giant's US$2.35 billion ammonia buyout may placate many shareholders, but the high price paid has raised alarms given the yet-to-be-operational plant hinges on possibly impermanent carbon capture. Last week, Australian oil and gas company ...

ASX200 boards near gender target: ACSI

ROSE MARY PETRASS  |  THURSDAY, 8 AUG 2024  |  NEWS
National Australia Bank, Macquarie and Helia Group top the list of ASX200 companies with the most women at board level, but questions remain on the link between boardroom diversity and financial performance. Female directors doubled in under a decade ...

ACCR cuts ties with Rio Tinto

ROSE MARY PETRASS  |  THURSDAY, 1 AUG 2024  |  NEWS
... greenwashing risk, a breach of public trust, and a form of investor deception, according to ACCR. This week, a prominent shareholder advocacy group announced it cut ties after a year-long engagement on climate-related political lobbying. The British-Australian ...

QIC taps resilience skills

ELIZABETH FRY  |  FRIDAY, 26 JUL 2024  |  NEWS
Queensland Investment Corporation's infrastructure arm has underlined the importance of building long-term resilience into its $34 billion portfolio by adding two new specialist roles. Julian Loh and Timothy Grech have joined QIC Infrastructure's ...

Demand up for green steel

ROSE MARY PETRASS  |  FRIDAY, 19 JUL 2024  |  NEWS
... policies are crucial to boost sustainable steel production and that it will positively impact their investment portfolio. Shareholder advocacy and research nonprofit, the Australasian Centre for Corporate Responsibility (ACCR), surveyed 500 global investors ...