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Showing 11 - 20 of 148 results for "AGM"

Dramatic spike in votes against ASX remuneration: Georgeson

RACHEL ALEMBAKIS  |  MONDAY, 12 FEB 2024  |  NEWS
... governance consulting firm Georgeson. There were 40 strikes against executive remuneration reports in the ASX300 during the 2023 AGM season compared to 21 in 2022. A strike happens when 25% or more shareholder votes are cast against the adoption of the ...

BlackRock admits stakeholder pressure on ESG a risk

ROSE MARY PETRASS  |  THURSDAY, 18 JAN 2024  |  NEWS
... clear that providing investors with information about investor risk is part of BlackRock's fiduciary duty. At its May 2023 AGM BlackRock shareholders overwhelmingly supported climate-friendly and diversity policies. Then in June of that year, Fink ...

Investors press Boral for clarity on net zero ambitions

RACHEL ALEMBAKIS  |  THURSDAY, 26 OCT 2023  |  NEWS
... for Australian Ethical's strategy, Fraser said that the ethical investor would vote against chair Ryan Stokes at this year's AGM and would also vote against the executive remuneration report. "It is vital that we do see that alignment to the Paris Agreement," ...

HESTA releases 2023 AGM hit list

ROSE MARY PETRASS  |  MONDAY, 25 SEP 2023  |  NEWS
... 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 globally, laid out four priority areas for ...

Voting on climate crucial during AGM season: Amundi

ROSE MARY PETRASS  |  TUESDAY, 25 JUL 2023  |  NEWS
... asset manager. Amundi said stewardship through engagement and voting is key to a responsible investment approach during an AGM voting season that sees ESG emerging as a clear theme for shareholder proposals. A study from the Harvard Law School Forum ...

Does ESG have a fiduciary problem?

ROSE MARY PETRASS  |  WEDNESDAY, 12 JUL 2023  |  NEWS
... social and governance will become more integrated in the "fabric" of investments - instead of something separate. At its May AGM BlackRock shareholders overwhelmingly supported climate-friendly and diversity policies. ESG was being shunned by some because ...

ASX C-Suite notch up double-digit salary increases: Governance Institute

RACHEL ALEMBAKIS  |  THURSDAY, 15 JUN 2023  |  NEWS
... significant increases off the back of several years of relatively small rises in fixed pay for executives," Motto said. "With AGM season looming, boards will need to have a strong narrative around their remuneration policies to stand up to shareholder ...

Climate engagement escalation vital to responsible investing: Aviva Investors

ROSE MARY PETRASS  |  THURSDAY, 1 JUN 2023  |  NEWS
... Where progress fell short of expectations, Aviva Investors pressured companies through investor and stakeholder engagement, AGM attendance, and taking voting action. Example resolutions include the discharge or approval of company accounts, director ...

Are investors walking the walk when it comes to voting on biodiversity?

ROSE MARY PETRASS  |  THURSDAY, 1 JUN 2023  |  NEWS
Asset managers have argued in favour of engagement rather than divestment - but a new report from non-profit financial think tank Planet Tracker has found that even sustainability funds at the largest asset managers are consistently voting against biodiversity ...

30% women a minimum for boards under new ACSI policy

RACHEL ALEMBAKIS  |  WEDNESDAY, 17 MAY 2023  |  NEWS
... in addition to core skills and experience." With this updated policy in place from July, ACSI may recommend during the 2023 AGM season that its members vote against existing directors of ASX300 companies with poor gender diversity, with a focus on those ...