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Showing 11 - 20 of 54 results for "Corporations Act"

Task Force on Climate-Related Financial Disclosures disbanded

ROSE MARY PETRASS  |  WEDNESDAY, 27 DEC 2023  |  NEWS
... planning. Climate-related financial disclosure requirements would be drafted as civil penalty provisions in the Corporations Act.

Research flags need for comprehensive ESG reporting

ROSE MARY PETRASS  |  THURSDAY, 7 DEC 2023  |  NEWS
... support the issuing of an Australian equivalent of IFRS S2 for climate reporting and its mandate through the Corporations Act, which is currently undergoing a public consultation process. We also recommend extending this mandatory approach to broader ...

Nature-related risk a potential risk to directors

RACHEL ALEMBAKIS  |  THURSDAY, 16 NOV 2023  |  NEWS
... both those things and work out the implications of how you manage and disclose risks under section 180 [of the Corporations Act]." The opinion links nature-related risk disclosure to s 180 of the Corporations Act, which sets out the g that a company ...

Fears grow around greenwashing litigation protections

ROSE MARY PETRASS  |  MONDAY, 6 NOV 2023  |  NEWS
... planning. Climate-related financial disclosure requirements would be drafted as civil penalty provisions in the Corporations Act. It is suggested this would "reduce uncertainty for reporting entities and encourage companies to take best efforts to use ...

Are companies drowning in a sea of ESG requests?

ROSE MARY PETRASS  |  WEDNESDAY, 17 MAY 2023  |  NEWS
... managing director and CEO of the Australian Institute of Company Directors. Rigotti argued that at 3900 pages, the Corporations Act 2001, Rigotti argued, is overly complex and difficult for businesses to understand, echoing the criticisms of former judge ...

Activist investor launches Santos campaign

RACHEL ALEMBAKIS  |  THURSDAY, 9 MAR 2023  |  NEWS
... appear to be creating these suboptimal outcomes." The two-strikes rule was brought in as an amendment to the Corporations Act. If more than 25% of a company's shareholders vote down two annual remuneration reports in a row, this triggers a vote on ...

ASX sees first strike against remuneration report

RACHEL ALEMBAKIS  |  THURSDAY, 29 SEP 2022  |  NEWS
... all in agreement that the system needs to be right." The two-strikes rule was brought in as an amendment to the Corporations Act. If more than 25% of a company's shareholders vote down two annual remuneration reports in a row, this triggers a vote ...

Super funds more likely to recall shares for proxy votes: research

RACHEL ALEMBAKIS  |  THURSDAY, 22 SEP 2022  |  NEWS
... paper from researchers at Deakin Business School. The two-strikes rule was brought in as an amendment to the Corporations Act. If more than 25% of a company's shareholders vote down two annual remuneration reports in a row, this triggers a vote on a ...

Glencore faces greenwashing allegations

RACHEL ALEMBAKIS  |  THURSDAY, 8 SEP 2022  |  NEWS
... against Glencore's misleading claims on climate impact and its behaviour towards Traditional Owners under the Corporations Act 2001. The EDO alleges that there is no evidence to support Glencore's claims of having decarbonsation plans in place. In separately ...

Governance Institute calls for proactive thinking for virtual AGMs

RACHEL ALEMBAKIS  |  THURSDAY, 1 SEP 2022  |  NEWS
... the Governance Institute notes that this year's season is the first significant test of the recently updated Corporations Act, amended to allow organisations to meet in a hybrid or online format. "The biggest pressure point is taking all of the steps ...