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Showing 291 - 300 of 594 results for "shareholder"

Commonwealth Bank provides sustainability-linked finance to Wesfarmers

RACHEL ALEMBAKIS  |  FRIDAY, 13 MAR 2020  |  NEWS
Commonwealth Bank and Wesfarmers have signed a $400 million three-year bilateral sustainability-linked loan which will link social and environmental outcomes to the cost of finance. Andrew Hinchliff, CBA group executive for institutional banking and ...

J.P. Morgan Asset Management developing ESG scoring framework

RACHEL ALEMBAKIS  |  FRIDAY, 28 FEB 2020  |  NEWS
J. P. Morgan Asset Management is developing a proprietary environmental, social and governance (ESG) scoring framework as part of a range of initiatives to enhance its investment stewardship process. Jennifer Wu, Global head of sustainable investing ...

Companies have responsibility to meld profit and purpose: IBM

RACHEL ALEMBAKIS  |  FRIDAY, 28 FEB 2020  |  NEWS
Approximately three quarters of Australians think corporations have a responsibility to prioritise employees, the environment and the community as much as they prioritise delivering profits to shareholders, according to research from IBM. Jade Moffat ...

Governance Institute releases climate change risk disclosure guide

RACHEL ALEMBAKIS  |  FRIDAY, 21 FEB 2020  |  NEWS
The Governance Institute has released a guide aimed at assisting companies that are seeking education on how to consider and report on material exposures to climate change risk. Megan Motto, Governance Institute CEO The Governance Institute has released ...

Company, investor climate change partnership "essential": Robeco

RACHEL ALEMBAKIS  |  FRIDAY, 31 JAN 2020  |  NEWS
... they do with the knowledge." If a company does not improve on the ESG objectives that Robeco decides are material to shareholder return, this could lead to divestment and/or exclusion. "If such companies don't improve enough, we will exclude them from ...

Analysis: climate change, Australia and the fierce urgency of now

RACHEL ALEMBAKIS  |  FRIDAY, 24 JAN 2020  |  NEWS
... supportive of action on climate change. "We are also calling on investors to Adopt a presumption against company capital, shareholder capital, going into exploration for new fossil fuel reserves," O'Brien said. "If all reserves on the books get burnt ...

How the law can drive impact through investment: B Lab

RACHEL ALEMBAKIS  |  FRIDAY, 20 DEC 2019  |  NEWS
... Patagonia, Allbirds and Danone North America. The US Benefit Corporation model is designed to counter short-termism and shareholder primacy. It provides investors with clarity on the company's intended impact and demonstrates a lasting and authentic ...

Directors urged to exercise legal duties over climate risk as context evolves

RACHEL ALEMBAKIS  |  FRIDAY, 13 DEC 2019  |  NEWS
This week, Exxon was cleared over charges it had misled shareholders over the cost of climate change, but a legal expert cautioned that directors should not interpret too much from the decision. Sarah Barker, head of climate risk governance at Minter ...

Analysis: too big to be sustainable?

RACHEL ALEMBAKIS  |  FRIDAY, 29 NOV 2019  |  NEWS
... those lapses lead to facilitating child sexual exploitation, how do stakeholders respond? And what is the risk to shareholder value? The Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry showed up a wide ...

Investors considering their options in voting at Westpac AGM

RACHEL ALEMBAKIS  |  FRIDAY, 29 NOV 2019  |  NEWS
... focus doesn't necessarily encourage that long term strategic thinking for all stakeholders, a broader view than just shareholder return."