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Showing 11 - 20 of 248 results for "vote"

SSGA abandons gender diversity targets

KARREN VERGARA  |  MONDAY, 10 MAR 2025  |  NEWS
... SSGA said. In a 2023 proxy voting and engagement guideline, SSGA said if a company does not meet its expectations it may vote against the chair of the board's nominating committee or the board leader in the absence of a nominating committee. "Additionally ...

CDPQ splashes $11bn on renewable energy producer

MATTHEW WAI  |  THURSDAY, 27 FEB 2025  |  NEWS
Canadian pension fund Caisse de dépôt et placement du Québec (CDPQ) will acquire all shares of Innergex Renewable Energy at C$13.75 per share, representing a total enterprise value of C$10.0 billion. CDPQ will also acquire all the issued and outstanding ...

Investors still drawn to DEI

ROSE MARY PETRASS  |  MONDAY, 17 FEB 2025  |  NEWS
... February 25, ISS "will no longer consider the gender and racial and/or ethnic diversity of a company's board when making vote recommendations with respect to the election or re-election of directors at US companies under its Benchmark and Specialty ...

Universities jump on ESG skills shortage

ROSE MARY PETRASS  |  MONDAY, 17 FEB 2025  |  NEWS
Tertiary education providers are cottoning on to the ESG skills deficit, with new university courses looking to capitalise on the trend. Monash Law recently announced it will launch a new course that brings corporate law to a broader cohort. 'LAW5488 ...

Execs face shareholder backlash over pay: Georgeson

ROSE MARY PETRASS  |  TUESDAY, 11 FEB 2025  |  NEWS
... firms received a second strike, compared to two the year before. In Australia, two consecutive strikes trigger a further vote on whether a board should be 'spilled' and if directors should present themselves for re-election at a subsequent meeting. The ...

BlackRock settles lawsuit for 'misleading consumers'

ANDREW MCKEAN  |  MONDAY, 20 JAN 2025  |  NEWS
BlackRock has reached a settlement in a lawsuit filed by the State of Tennessee, which alleged the asset manager misled consumers about how much its investment strategies were influenced by ESG considerations. Tennessee's suit alleged BlackRock ...

Hostplus boosts VC funding for renewable energy tech

ELIZA BAVIN  |  THURSDAY, 28 NOV 2024  |  NEWS
... sustainable lithium extractor Electralith. IP Group ANZ chief executive Michael Molinari said the increased investment was a vote of confidence in IP Group's investment model and proof that universities are effective in commercialising deep tech. ...

Expect audit standards by Christmas

ROSE MARY PETRASS  |  MONDAY, 23 SEP 2024  |  NEWS
Climate reporting is set to become a standard part of accounting as audit standards are due for release in December, with all disclosures checked by the end of the decade. The Australian Accounting Standards Board (AASB) has finalised the standard explaining ...

Exec pay lands listed firms in hot water

MICHELLE BALTAZAR  |  THURSDAY, 12 SEP 2024  |  NEWS
... to go compared with the level of shareholder activism seen in the US. Many institutional investors are still reluctant to vote in favour of a board spill resolution, where directors stand to be re-elected, even after a second strike. Shareholders would ...

Natural gas buyout bulldozes investors: Analysts

ROSE MARY PETRASS  |  THURSDAY, 5 SEP 2024  |  NEWS
... ammonia investment more than 21 times over, assuming full ownership and all four phases developed. A number say they will vote to oust chair Richard Goyder in the next meeting, including Aware Super, Vision Super, Allianz Global Investors, Anima, CalPERS ...