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Showing 171 - 180 of 556 results for "conduct"

ESG product definitions a matter for legislation: ASIC

RACHEL ALEMBAKIS  |  TUESDAY, 2 AUG 2022  |  NEWS
... management industry. LaBouchardiere has previously said that if ASIC finds greenwashing that rises to the level of egregious conduct, the regulator would consider taking enforcement action. While emphasising that the regulator's view is that definitions ...

Ausbil charts ESG activities and portfolio engagement

RACHEL ALEMBAKIS  |  WEDNESDAY, 27 JUL 2022  |  NEWS
Decarbonisation, modern slavery, Indigenous rights and the impact of operational health and safety were key ESG issues in 2021 for Ausbil Investment Management. Ausbil released its 2021 ESG report, delving into material ESG issues that impacted the ...

ASX 100 chief executive bonuses hit record highs

CASSANDRA BALDINI  |  THURSDAY, 14 JUL 2022  |  NEWS
Bonuses paid to ASX 100 chief executives hit record highs in FY21, jumping from 31% to 76.7%, according to a new report from the Australian Council of Superannuation Investors (ACSI). In the first year of the pandemic, Australian boards responded to ...

Pause to YFYS rollout as government announces review

RACHEL ALEMBAKIS  |  THURSDAY, 7 JUL 2022  |  NEWS
Treasury has halted the extension of the Your Future, Your Super (YFYS) performance test beyond MySuper products for 12 months while conducting a review of the laws. Minister for financial services Stephen Jones announced that the review will commence ...

Industry reacts to ASIC greenwashing guidance

RACHEL ALEMBAKIS  |  THURSDAY, 16 JUN 2022  |  NEWS
... Group founder and lead facilitator of the Ethical Advice Accelerator Alexandra Brown warning advisers that they need to conduct proper due diligence for their clients. "If a company or investment fund is greenwashing, financial advisers are the eyes ...

ASIC: improve greenwashing disclosure or risk penalty

RACHEL ALEMBAKIS  |  THURSDAY, 16 JUN 2022  |  NEWS
... managed funds and superannuation, with the regulator saying it would consider enforcement action if they see "egregious conduct." Speaking at the Investor Group on Climate Change (IGCC) Summit in Sydney, ASIC senior executive leader, corporations Claire ...

HESTA first super fund to oppose AGL demerger

RACHEL ALEMBAKIS  |  THURSDAY, 26 MAY 2022  |  NEWS
Industry super fund HESTA will vote against a proposed demerger of energy utility AGL, becoming the first super fund to state their proxy voting intentions in public. HESTA said it has engaged with AGL and decided to vote against the demerger, as reported ...

Nomura, Mitsui announce New Forest acquisition as fund reports on impacts

RACHEL ALEMBAKIS  |  THURSDAY, 26 MAY 2022  |  NEWS
New Forests will be acquired by Mitsui & Co and Nomura Holdings as the real assets and natural capital strategies investment manager positions itself to drive change through nature-based solutions, shared prosperity and the circular bioeconomy. Under ...

More women on boards, but cultural diversity stagnating: Governance Institute

RACHEL ALEMBAKIS  |  THURSDAY, 19 MAY 2022  |  NEWS
More women are taking director roles, but a shrinking number of women are holding female-occupied seats, raising concerns about overboarding, according to research from the Governance Institute. The Governance Institute has released its latest Board ...

CBA sees push to greater quantity, quality of climate risk reporting

RACHEL ALEMBAKIS  |  THURSDAY, 12 MAY 2022  |  NEWS
Quantity and quality of climate disclosures by Australian companies will improve, with or without a government mandate, according to CBA. In a recent report by CBA's sustainable economics team, the bank noted that regulations including the US Securities ...