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Showing 11 - 20 of 140 results for %22AGM%22

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 ...

Market Forces asks for ASIC investigation of ANZ

RACHEL ALEMBAKIS  |  WEDNESDAY, 5 APR 2023  |  NEWS
... misleading representation regarding a resolution coordinated by the activist environmental advocacy group and proposed at the ANZ AGM in 2002. Market forces has asked ASIC to investigate "purported misconduct", alleging they are concerned that "ANZ and ...

Activist investor launches Santos campaign

RACHEL ALEMBAKIS  |  THURSDAY, 9 MAR 2023  |  NEWS
... and a presentation to the Board of Directors, outline its perspective and why the board must take urgent action. Santos' AGM will be later in May, and the company faces a potential second strike on its executive remuneration report. "Since 2021 ...

Push for greater ESG alignment in C-Suite pay

RACHEL ALEMBAKIS  |  THURSDAY, 2 MAR 2023  |  NEWS
ASX-listed companies need to lift their performance in linking executive remuneration to strategic ESG targets, with investors voting against remunerations reports to register their disapproval. Melior Investment Management recently released its 2022 ...

ASX sees first strike against remuneration report

RACHEL ALEMBAKIS  |  THURSDAY, 29 SEP 2022  |  NEWS
... shareholders have voted against the company's remuneration report, triggering a first strike warning to its board. At the ASX AGM, 29.77% of shareholders voted against the remuneration report as the exchange announced further delays to the replacement ...

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

RACHEL ALEMBAKIS  |  THURSDAY, 22 SEP 2022  |  NEWS
... introduction of the "two-strikes rule" in 2011, more institutional investors are recalling shares in the month leading up to AGM voting seasons in May and November, according to a paper from researchers at Deakin Business School. The two-strikes rule ...

Governance Institute calls for proactive thinking for virtual AGMs

RACHEL ALEMBAKIS  |  THURSDAY, 1 SEP 2022  |  NEWS
... more proactively about how to ensure shareholder participation in those circumstances. As companies head towards the main AGM season in Australia, the Governance Institute notes that this year's season is the first significant test of the recently updated ...

HESTA first super fund to oppose AGL demerger

RACHEL ALEMBAKIS  |  THURSDAY, 26 MAY 2022  |  NEWS
... stranded assets," HESTA said. HESTA is the first super fund to state its intention to vote against the demerger at AGL's AGM on June 15. The demerger would see the creation of AGL Australia and AGL Energy, both listed on the ASX, effective from June ...

Australian Shareholders' Association issues net zero policy for companies

RACHEL ALEMBAKIS  |  THURSDAY, 19 MAY 2022  |  NEWS
... as proxy for voting at AGMs. ASA has announced the four focus areas for ASA company monitoring in the lead up to the main AGM season this year - fair treatment of shareholders, directors and boards, ESG and remuneration. "In terms of directors and boards ...