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Showing 181 - 190 of 1548 results for "governance"

Subsidiaries must comply with Aussie regime

ROSE MARY PETRASS  |  MONDAY, 13 MAY 2024  |  NEWS
Inbound Australian subsidiaries of international groups must comply with the Australian Sustainability Reporting Standards (ASRS), even if they already make disclosures under foreign regimes, EY finds. Alexandra Banks, partner at EY, climate change ...

Member accuses UniSuper of greenwashing

JAMIE WILLIAMSON  |  THURSDAY, 9 MAY 2024  |  NEWS
... Transurban as having strong business standards and practices as well as a considered approach to environmental, social and governance issues." "In our 2023 Climate report we gave Transurban our highest rating for its emissions reductions targets and ...

AXA IM releases engagement data

ROSE MARY PETRASS  |  THURSDAY, 9 MAY 2024  |  NEWS
Climate and corporate governance were the biggest areas of focus for the leading global asset manager, which ramped up its engagement activities by 14% on the previous year. AXA Investment Managers, with €844 billion AUM, made 681 engagements with ...

ASIC consults on guidance for carbon markets

ROSE MARY PETRASS  |  WEDNESDAY, 8 MAY 2024  |  NEWS
The corporate regulator will update guidance for carbon market participants in relation to the Australian financial services (AFS) licensing requirements. The Australian Securities and Investments Commission (ASIC) proposed an overhaul of its regulatory ...

Poor investment governance costly for asset owners, members: KPMG, Frontier

ANDREW MCKEAN  |  MONDAY, 6 MAY 2024  |  NEWS
Most asset owners estimate that poor investment governance could increase portfolio costs by 1% or more annually, according to a joint report by KPMG and Frontier Advisors. The report, which surveyed 22 asset owners in the local investment industry ...

Men, women in same occupation drive pay gap

KARREN VERGARA  |  MONDAY, 6 MAY 2024  |  NEWS
A whopping 80% of the gender pay gap can be attributed to women being paid less than men within the same occupation, a new economic analysis shows. After analysing tax data, economic research organisation E61 Institute compared men and women of similar ...

Greenwashing crackdown will boost ESG fund flows: ASIC

ROSE MARY PETRASS  |  THURSDAY, 2 MAY 2024  |  NEWS
Corporate watchdog chair Joe Longo has underlined the regulator's hardline approach and said compliance leads to more profitability. Responsible investors must ensure their products are true-to-label in order to avoid greenwashing, the Australian ...

Active ownership is the new sheriff in town

MICHELLE BALTAZAR  |  WEDNESDAY, 1 MAY 2024  |  NEWS
Prepare to be dazzled - or bulldozed, as the case may be - as sustainable investing goes through a whirlwind transformation in the next six years, says the chief executive of the nation's third-largest super fund. Speaking at the Responsible Investment ...

RIAA launches Sustainability Classifications Initiative

ROSE MARY PETRASS  |  WEDNESDAY, 1 MAY 2024  |  NEWS
A crucial new initiative offers investors a greater level of transparency and clarity, empowering them to meet their responsible investing goals while avoiding greenwashing. It will help consumers, advisers and others to compare the degree to which ...

Geostrategic risks in a changing world

ROSE MARY PETRASS  |  WEDNESDAY, 1 MAY 2024  |  NEWS
... peacebuilding." This could be facilitated by blended finance, and peace bonds, uniting commercial capital with traditional governance assistance. The RIAA Investor Toolkit on Human Rights and Armed Conflict was launched at the Conference in 2023, which ...