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Showing 161 - 170 of 373 results for "shareholders"

Woodside AGM climate resolution receives majority support

RACHEL ALEMBAKIS  |  FRIDAY, 1 MAY 2020  |  NEWS
A climate-related shareholder resolution put to the Woodside AGM has received a majority of shareholders' support. Dan Gocher, ACCR director of climate and environment The Australasian Centre for Corporate Responsibility (ACCR) lodged four shareholder ...

Questions raised over governance implications of share buyback schemes

RACHEL ALEMBAKIS  |  FRIDAY, 3 APR 2020  |  NEWS
... a market peak and then tap capital markets for new equity in this time of crisis, they are diluting their current shareholders' value to pay past one, Berrutti said. "If a company has left itself in a position where it doesn't have the ability to navigate ...

Coronavirus forcing companies to virtual AGMs, full proxy voting

RACHEL ALEMBAKIS  |  FRIDAY, 3 APR 2020  |  NEWS
... include limiting or refusing entry in order to comply with expert health and government advice," and is encouraging shareholders to "use the range of digital options available to participate in the AGM and not attend in person due to COVID-19 concerns." ...

Commonwealth Bank provides sustainability-linked finance to Wesfarmers

RACHEL ALEMBAKIS  |  FRIDAY, 13 MAR 2020  |  NEWS
... investing in sustainability and reflects Wesfarmers' longstanding core objective of delivering satisfactory returns to shareholders over the long term," said Anthony Gianotti, chief financial officer at Wesfarmers. "We see commitment to ESG performance ...

J.P. Morgan Asset Management developing ESG scoring framework

RACHEL ALEMBAKIS  |  FRIDAY, 28 FEB 2020  |  NEWS
... Disclosures (TCFD). Governance. JPMAM "values a strong corporate culture with a focus on directors who represent all shareholders equally and on companies with diverse boards." Strategy Alignment with the Long Term. JPMAM expects companies and boards ...

Companies have responsibility to meld profit and purpose: IBM

RACHEL ALEMBAKIS  |  FRIDAY, 28 FEB 2020  |  NEWS
... responsibility to prioritise employees, the environment and the community as much as they prioritise delivering profits to shareholders, according to research from IBM. Jade Moffat, corporate citizenship manager, IBM Australia IBM has released its Global ...

Governance Institute releases climate change risk disclosure guide

RACHEL ALEMBAKIS  |  FRIDAY, 21 FEB 2020  |  NEWS
... Motto noted that director, governance and risk professionals, and C-suite executives have a responsibility to their shareholders, employees, and other stakeholders to know the risks their organisations face when it comes to climate change, but many of ...

Directors urged to exercise legal duties over climate risk as context evolves

RACHEL ALEMBAKIS  |  FRIDAY, 13 DEC 2019  |  NEWS
This week, Exxon was cleared over charges it had misled shareholders over the cost of climate change, but a legal expert cautioned that directors should not interpret too much from the decision. Sarah Barker, head of climate risk governance at Minter ...

Analysis: too big to be sustainable?

RACHEL ALEMBAKIS  |  FRIDAY, 29 NOV 2019  |  NEWS
... 12 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 ...

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 ...