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Showing 171 - 180 of 2747 results for "ACT"

Mega asset manager defends OECD complaint

ROSE MARY PETRASS  |  FRIDAY, 22 NOV 2024  |  NEWS
... minority shareholdings. Since BlackRock was aware of violations in the companies it invests in, OECD guidelines required it to act, alleges FOE and the Articulation of Indigenous Peoples of Brazil (APIB). "We hope this complaint prompts BlackRock to ...

World Bank exit policy gets thumbs up from local experts

ROSE MARY PETRASS  |  THURSDAY, 21 NOV 2024  |  NEWS
The world's largest development financier has released its long-awaited policy on responsibly divesting, a historic first in its 80-year history. The new policy builds on the Sustainability Policy of the International Finance Corporation (IFC) - the ...

Why climate-linked exec pay fails

ROSE MARY PETRASS  |  THURSDAY, 21 NOV 2024  |  NEWS
Investors increasingly look to companies that tie pay to climate goals but despite its popularity, it largely fails to achieve results, a new study reveals. In the past four years, the practice rose from 10% to 54% in ASX200 companies. Research released ...

Responsible funds thrive despite greenwash fears: RIAA

ROSE MARY PETRASS  |  WEDNESDAY, 20 NOV 2024  |  NEWS
Despite greenwashing being a major deterrent to responsible investment in 2024, the sector still saw $1.6 trillion inflows and returns outperformed the traditional Australian shares market. Responsible Investment Association Australasia's (RIAA) annual ...

Climate adaptation presents $100bn opp: IGCC

ROSE MARY PETRASS  |  MONDAY, 18 NOV 2024  |  NEWS
... be severely impacted." Venture capital for resilience start-ups With this in mind, speakers urged the financial sector to act on mobilising private capital into vulnerable sectors, balancing infrastructure hardening with venture capital support for resilience-focused ...

Supermarket giants lead anti-slavery efforts

ROSE MARY PETRASS  |  FRIDAY, 15 NOV 2024  |  NEWS
... Investors began by sending a statement on the need for companies to go beyond compliance with the Australian Modern Slavery Act, sent to ASX200 companies. This led to a small number of individual company engagements. Engagement with focus companies continues ...

Australia among the leaders in lowering carbon emissions

MICHELLE BALTAZAR  |  THURSDAY, 14 NOV 2024  |  NEWS
Defying the global increase of carbon dioxide emissions from fossil fuel, Australia has slashed its emissions year-on-year, a trend likely to continue. A research report 'The Global Carbon Budget' released this week in time for COP29 found the ...

Activist platform launches full share trading

ROSE MARY PETRASS  |  THURSDAY, 14 NOV 2024  |  NEWS
... targeted campaign model, enlisting investors to team up to pressure companies at general meetings. Australia's Corporations Act grants the shareholders of listed companies the ability to influence a board, but only with more than 100 investors. Campaigns ...

Green Moves: NorthStar Impact, Aboriginal Investment NT, Care Super

ROSE MARY PETRASS  |  THURSDAY, 14 NOV 2024  |  NEWS
... financial assistance to Aboriginal people in the Northern Territory as a Corporate Commonwealth Entity under the Land Rights Act. It's newly launched strategic investment plan lays out a five-year roadmap to "shift power" to Aboriginal communities, emphasising ...

Cbus board still considering CFMEU directors

JAMIE WILLIAMSON  |  TUESDAY, 12 NOV 2024  |  NEWS
... replacement directors nominated by the CFMEU back in September. In September, the CFMEU administrator re-nominated former CFMEU ACT boss Jason O'Mara, and nominated former Maritime Super chair Paddy Crumlin and lawyer Lucy Weber to the Cbus board ...