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Showing 331 - 340 of 1260 results for "board"

Brookfield consortium to buy Origin Energy for $18.7bn

RACHEL ALEMBAKIS  |  TUESDAY, 28 MAR 2023  |  NEWS
... acquire the company at a price of $8.91 per share, which represents a premium of 53.4% on the current share price. The Origin board has stated that it is unanimously recommending that Origin shareholders vote in favour of the scheme in the absence of ...

Activist investor launches Santos campaign

RACHEL ALEMBAKIS  |  THURSDAY, 9 MAR 2023  |  NEWS
... shareholder interests." Snowcap Research, which is an investor in Santos, has issued a letter 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 ...

Cybersecurity tops ESG priorities for ASX companies: Perennial

RACHEL ALEMBAKIS  |  THURSDAY, 9 MAR 2023  |  NEWS
... cybersecurity, including reputational risks, fines and regulatory attention, customer loss and litigation. "We want to see a board member accountable for cybersecurity risk, in their risk register, and we want to make sure that management is upskilled ...

Exploding the glass cliff myth

RACHEL ALEMBAKIS  |  TUESDAY, 7 MAR 2023  |  NEWS
... point to understand how good it is," she said. "When you are speaking to a broader group like the senior management and board, that's where we use that research to engage upon." The number of women appointed as CEOs is rising, Guido noted. "If you ...

Push for greater ESG alignment in C-Suite pay

RACHEL ALEMBAKIS  |  THURSDAY, 2 MAR 2023  |  NEWS
... the discussion of how to align executive remuneration to incentivise performance on key ESG concerns is the discussion of board director skills, an issue that Melior has as a long-term engagement point. "We look at all the looming ESG issues that are ...

Investor Group on Climate Change creates executive leadership position

RACHEL ALEMBAKIS  |  TUESDAY, 21 FEB 2023  |  NEWS
... making now. "Duncan has been an important leader in Australia's financial system, and we're thrilled to have him on board." Prior to joining ISS ESG, Paterson built the responsible investment advisory business CAER, which ultimately merged with ...

Qualitas names Fiona Reynolds to ESG advisory board

RACHEL ALEMBAKIS  |  TUESDAY, 14 FEB 2023  |  NEWS
Qualitas has named former Principles for Responsible Investment head Fiona Reynolds as chair of their new ESG advisory group. Reynolds, who was chief executive of PRI from 2012-2021 and is currently Chair of the UN Global Compact Network Australia. ...

Platinum hires ESG expert as head of stewardship

RACHEL ALEMBAKIS  |  THURSDAY, 9 FEB 2023  |  NEWS
... to a wider pool of director talent. Melior has evolved its proxy voting principles and in 2022 increased their focus on board composition, advocating for clearer disclosures around directors skills to better inform voting decisions. Melior is advocating ...

Testing ESG impacts on US pension fund returns

RACHEL ALEMBAKIS  |  THURSDAY, 9 FEB 2023  |  NEWS
... State Employees' Retirement System (MOSERS) has sold all public equities managed by BlackRock. In June 2022, the MOSERS Board of Trustees directed staff to require BlackRock to abstain from voting proxies on behalf of the plan, "due to concerns with ...

ISSB standards do not introduce increased risk for investors

RACHEL ALEMBAKIS  |  WEDNESDAY, 8 FEB 2023  |  NEWS
The International Sustainability Standards Board (ISSB) climate and sustainability-related accounting standards will not bring increased liability risks for company directors and directors should not need a "safe harbour" provision, according to a new ...