Search Results

Showing 121 - 130 of 245 results for "vote"

More than a third of investors back Rio Tinto climate resolution

RACHEL ALEMBAKIS  |  FRIDAY, 8 MAY 2020  |  NEWS
... Tinto to set clear emissions targets including Scope 3 emissions, which are those generated by the use of products. That 37% vote is more than six times the size of the vote on the same resolution presented to the 2019 Rio Tinto AGM, Market Forces noted. ...

Woodside AGM climate resolution receives majority support

RACHEL ALEMBAKIS  |  FRIDAY, 1 MAY 2020  |  NEWS
... goals and targets resolution had support from four out of five proxy advisers, and just got 50%. There is an inherent bias to vote with the company." However, that doesn't mean the vote is meaningless, in that it builds a platform for further engagement. ...

Coronavirus forcing companies to virtual AGMs, full proxy voting

RACHEL ALEMBAKIS  |  FRIDAY, 3 APR 2020  |  NEWS
... company has said and how they answer the question, and we'd be able to respond with follow up questions or by changing our vote," said Fiona Balzer, policy and advocacy manager, Australian Shareholders' Association. "They're going to be test cases. I ...

Integrating ESG considerations in securities lending programs

RACHEL ALEMBAKIS  |  FRIDAY, 14 FEB 2020  |  NEWS
... with a securities lending program results from the fact that when a security is on loan, the investor loses the right to vote. On the surface, this runs counter to ESG principles, however securities lenders have been successfully balancing the returns ...

IIG announces tenants for Younghusband Woolstores development

RACHEL ALEMBAKIS  |  FRIDAY, 14 FEB 2020  |  NEWS
The Impact Investment Group (IIG) has announced two major tenants for its Younghusband Woolstores development in Kensington, Victoria. Rendering of Younghusband Woolstores development (Image provided by Impact Investment Group) The Federal Government ...

SSGA to vote against ASX100, global ESG laggards

RACHEL ALEMBAKIS  |  THURSDAY, 30 JAN 2020  |  NEWS
State Street Global Advisors will begin voting against board members of companies that are laggards on ESG performance. Benjamin Colton, head of asset stewardship, Asia Pacific, SSGA CEO Cyrus Taraporevala announced in his annual letter to corporate ...

Analysis: too big to be sustainable?

RACHEL ALEMBAKIS  |  FRIDAY, 29 NOV 2019  |  NEWS
... December AGM. The company is facing a second strike against its remuneration report at the AGM, and if 25% of shareholders vote against the report, it will trigger a potential spill of the rest of the board. Whether more of the board will be ousted is ...

Investors considering their options in voting at Westpac AGM

RACHEL ALEMBAKIS  |  FRIDAY, 29 NOV 2019  |  NEWS
Westpac shareholders are considering whether to vote against the remuneration report at the December 12 AGM, and if a second strike is recorded, if a complete board spill is the right solution to governance failing. Vas Kolesnikoff, head of Australia ...

Willis Towers Watson launches Australian Global Equity Focus Fund

RACHEL ALEMBAKIS  |  WEDNESDAY, 6 NOV 2019  |  NEWS
... to that. One, of course, is voting the proxies at management AGMs and so on. We write into the IMAs that the manager must vote all of the proxies." Engagement is a more complex discussion, with Gray acknowledging that managers have different means of ...

Median CEO bonus payout near record high: ACSI

RACHEL ALEMBAKIS  |  FRIDAY, 20 SEP 2019  |  NEWS
... a first strike on their remuneration reports at the 2018 AGMs have also engaged more with investors, with a second strike vote potentially looming for this year. "We found since the two strikes came about, there has been a huge amount of engagement from ...