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Australian companies asked to disclose water exposure

RACHEL ALEMBAKIS  |  THURSDAY, 24 MAR 2011  |  NEWS
Australian institutional investors have for the first time asked 60 publicly listed companies to disclose their water exposure, but are not yet convinced that exposure to water scarcity will have a material impact on investments in the medium term ...

ANZ targets 40 percent women managers by September

RACHEL ALEMBAKIS  |  THURSDAY, 24 MAR 2011  |  NEWS
ANZ Bank has committed to increasing the number of women in management positions to 40 percent by the end of September as part of increasing their gender diversity throughout the business. Currently, 38.4 percent of managers are women, the bank said. ...

"Steady but modest" increase in number of women directors

RACHEL ALEMBAKIS  |  FRIDAY, 11 MAR 2011  |  NEWS
The number of women appointed to corporate directorships in Australia has increased from 8.9 percent of total positions in 2009 to 10.9 percent in 2011, in line with "steady but modest" global increases, according to a report by GovernanceMetrics International ...

"Two Strikes" policy for directors over executive remuneration

RACHEL ALEMBAKIS  |  FRIDAY, 25 FEB 2011  |  NEWS
Australian shareholders will have the right to a "two strikes and you're out" test to remove directors if a company's remuneration report has received a 'no' vote of 25 per cent or more at two consecutive annual general meetings under legislation introduced ...

Carbon and Water Increasingly Important to Institutional Investors

RACHEL ALEMBAKIS  |  THURSDAY, 17 FEB 2011  |  NEWS
Institutional investors are increasingly concerned with how listed companies manage water and carbon emissions, according to the Carbon Disclosure Project (CDP). A record number of institutional investors are supporting the CDP's requests for information ...