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Dramatic spike in votes against ASX remuneration: Georgeson

RACHEL ALEMBAKIS  |  MONDAY, 12 FEB 2024  |  NEWS
ASX300 companies saw almost double the number of shareholder votes against executive remuneration reports in 2023 compared to 2022, according to shareholder engagement and governance consulting firm Georgeson. There were 40 strikes against executive ...

ASX companies boosting ESG staff, oversight: Perennial

RACHEL ALEMBAKIS  |  THURSDAY, 8 FEB 2024  |  NEWS
Greenhouse gas emissions are once again the top ESG priority for companies, according to the most recent Perennial Better Future ESG survey. In the fifth edition of the Better Future survey, sent to approximately 200 ASX-listed corporates with responses ...

Growth in green bond issuance brings choice, challenges

RACHEL ALEMBAKIS  |  MONDAY, 5 FEB 2024  |  NEWS
The green, social and sustainability (GSS+) bond market is in its infancy, but the growth in issuance as well as fund strategies covering that category of bonds means investors have increased choice, but also questions about transparency and how to ...

Australian gender pay gap data to be revealed from February

ROSE MARY PETRASS  |  MONDAY, 29 JAN 2024  |  NEWS
... functions)," Ryan said. "This provides the WGEA with insights into the adjusted pay gap as well. If a pay gap exists, WGEA will ask employers to present an action plan." "Unadjusted pay gap is a fairly blunt instrument," White told FS Sustainability. ...

WEF to unlock US$2.8 tr clean energy investment in global majority nations

ROSE MARY PETRASS  |  MONDAY, 22 JAN 2024  |  NEWS
... inequality and calling for politicians to introduce wealth taxes to help pay for public services. "Our request is simple: we ask you to tax us, the very richest in society," the letter stated. "This will not fundamentally alter our standard of living ...

BlackRock admits stakeholder pressure on ESG a risk

ROSE MARY PETRASS  |  THURSDAY, 18 JAN 2024  |  NEWS
For the first time in its quarterly earnings report, BlackRock identified stakeholder pressure on ESG and AI as risk factors that may influence returns. In its earnings release published on Friday, the firm warned that "increasing focus from stakeholders ...

BNP Paribas updates sustainability strategy

ROSE MARY PETRASS  |  TUESDAY, 16 JAN 2024  |  NEWS
... inclusion, transparency and reporting, and internal training on sustainability. FS Sustainability reached out to the firm to ask about use of the term "unconventional oil and gas" and its plans to cease financing new oil and gas developments. "Unconventional" ...

Preparing for mandatory climate reporting: Energetics

RACHEL ALEMBAKIS  |  THURSDAY, 14 DEC 2023  |  NEWS
Editorial note: This is the sixth in a six-part series of articles brought to you by Energetics In 2024, Australian business will need to focus on the strength of their response to climate change, with government aiming to legislate mandatory climate ...

Boards not ready for new workplace laws

ROSE MARY PETRASS  |  MONDAY, 11 DEC 2023  |  NEWS
... sexual harassment is a responsibility of the whole board not just women directors. I urge directors to educate themselves and ask questions of management on these issues," Davidson said. While board practices to prevent and respond to sexual harassment ...

Gender pay gap a key diversity metric: FSI

RACHEL ALEMBAKIS  |  THURSDAY, 30 NOV 2023  |  NEWS
Improving reporting on gender pay gap and gender diversity will help investors assess where companies are addressing gender-based equality and inclusion and set the stage for engagement on diversity measures beyond gender, according to First Sentier ...