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Showing 171 - 180 of 665 results for "shareholder"

ANZ in court over climate and nature risk failure

ROSE MARY PETRASS  |  THURSDAY, 9 NOV 2023  |  NEWS
An ANZ shareholder is taking the bank to court over allegations that it has failed to manage the material risks of climate change and biodiversity loss. Catherine Rossiter is a long-term shareholder of the Australia and New Zealand Banking Group. Rossiter ...

Fears grow around greenwashing litigation protections

ROSE MARY PETRASS  |  MONDAY, 6 NOV 2023  |  NEWS
... regulator is under-resourced and enforcement measures are not clear. A phased approach would be at the expense of the shareholder, the market and societal interests at large, O'Brien said. ACCR is currently in the midst of a greenwashing lawsuit ...

Brookfield ups the ante on Origin by $1.2bn

RACHEL ALEMBAKIS  |  THURSDAY, 2 NOV 2023  |  NEWS
... range identified in the Independent Expert's Report and is endorsed by the Origin Board." Origin's largest shareholder, AustralianSuper, announced it would vote against the revised takeover bid on the grounds that the bid in the scheme booklet ...

Investors press Boral for clarity on net zero ambitions

RACHEL ALEMBAKIS  |  THURSDAY, 26 OCT 2023  |  NEWS
... Boral is now owned by Seven Holdings, following a takeover in mid 2021. "Since then, Australian Ethical, which is a shareholder in Boral, says it has become increasingly concerned about its new management teams' retreat on its climate transition," Australian ...

ASX50 lags on disclosure of political spending: ACCR

RACHEL ALEMBAKIS  |  THURSDAY, 19 OCT 2023  |  NEWS
... around political expenditure and whether we need more resolutions and investor focus on that topic. That hasn't been a shareholder focus here in Australia as much as in the USA." ACCR also homed in on disclosures at BHP, Origin, Rio Tinto, Santos and ...

Two-thirds of boards lack ESG understanding: PwC

ROSE MARY PETRASS  |  TUESDAY, 17 OCT 2023  |  NEWS
... 25% in 2022. However, 54% of directors agree that ESG issues are linked to company strategy - down from 64% in 2021. Shareholder engagement is up, with an overwhelming majority of interactions being labelled as "productive". 54% of directors say someone ...

France "Say on Climate" law scrapped

ROSE MARY PETRASS  |  WEDNESDAY, 11 OCT 2023  |  NEWS
... in July. Under the resolution, all French listed companies would be mandated to submit their climate strategies for shareholder approval every three years, with an annual vote on the implementation of the strategy. It would have made France the first ...

UK transition plan taskforce releases final disclosure framework

ROSE MARY PETRASS  |  WEDNESDAY, 11 OCT 2023  |  NEWS
The UK government's Transition Plan Taskforce (TPT) has launched a final framework as the UK government considers making transition disclosure mandatory for larger companies. Insurer Aviva, the London Stock Exchange Group (LSEG), asset manager Legal ...

HESTA releases 2023 AGM hit list

ROSE MARY PETRASS  |  MONDAY, 25 SEP 2023  |  NEWS
Climate change, gender equality, decent work, and natural capital and biodiversity loss are priorities for one major Australian superfund when it comes to the 2023 ASX300 AGM season. HESTA, which has approximately $76 billion in assets under management ...

Australian businesses failing to achieve on sustainability goals

RACHEL ALEMBAKIS  |  WEDNESDAY, 20 SEP 2023  |  NEWS
Although Australian business leaders rank sustainability as being high in their organisational corporate structure, only 35% of businesses have achieved set sustainability targets over the past two years, according to Cognizant. The IT services and ...