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Showing 21 - 30 of 43 results for "Royal Commission"

Fundamental portfolio managers analyse ESG performance of funds

RACHEL ALEMBAKIS  |  FRIDAY, 3 APR 2020  |  NEWS
... Melior. "Energy has had a significant decline; we own no energy," she said. "In terms of financials, based on the Royal Commission, we have an underweight in financials, and financials have underperformed in this environment. Although I have to say ...

Small, mid-caps list governance, social as top ESG concerns: Perennial

RACHEL ALEMBAKIS  |  FRIDAY, 7 FEB 2020  |  NEWS
... regulators and customers, according to the survey. Cottier noted that the 2019 survey was conducted in the wake of the Royal Commission into Banking, which could have influenced responses. "There has been a lot more focus on governance since the Royal ...

HESTA names Andrew Major chief risk and compliance officer

RACHEL ALEMBAKIS  |  FRIDAY, 17 JAN 2020  |  NEWS
... foundation to HESTA's "delivery of improved financial outcomes for HESTA members." "In the wake of the Hayne Royal Commission we have seen how critical a strong culture and trust are for financial institutions," Blakey said. "The appointment of Andrew ...

Calculating the shorter, longer-term cost of bushfire

RACHEL ALEMBAKIS  |  FRIDAY, 10 JAN 2020  |  NEWS
... "If we look at historical examples, such as the cost of Black Saturday, most of the costs cited [come from] the royal commission and they didn't take into account those [natural capital] factors," said Carlos Cacho, economist, UBS. "They took into account ...

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 ...

Creating a values-based financial advisory firm: FPA Congress

RACHEL ALEMBAKIS  |  MONDAY, 2 DEC 2019  |  NEWS
... presentation on how to create, foster and maintain a value-based advisory firm would be timely in the wake of the Hayne Royal Commission as well as the newly introduce FASEA Code of Ethics, but in the immediate aftermath of claims by AUSTRAC that Westpac ...

Analysis: too big to be sustainable?

RACHEL ALEMBAKIS  |  FRIDAY, 29 NOV 2019  |  NEWS
... 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 array of corporate conduct ...

Sustainalytics rates unmanaged ESG risk in ASX200

RACHEL ALEMBAKIS  |  FRIDAY, 18 OCT 2019  |  NEWS
... Energy, Qantas and Brambles. A third area of focus is ethics in the financial sector. After the conclusions of the Royal Commission inquiry into banking and financial services, banks have announced implementation of action plans and the setting aside ...

ACSI issues updated Governance Guidelines for ASX300 companies

RACHEL ALEMBAKIS  |  FRIDAY, 11 OCT 2019  |  NEWS
... Investors (ACSI) has updated its Governance Guidelines, reflecting the impact of the Banking and Financial Services Royal Commission and stressing the need to incorporate environmental, social and governance issues into risk frameworks. Louise Davidson ...

ASIC critiques management of non-financial risk in governance review

RACHEL ALEMBAKIS  |  FRIDAY, 4 OCT 2019  |  NEWS
... Corporate Governance Taskforce was established in the wake of revelations of corporate governance failures during the Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry. ASIC conducted 60 interviews with executives ...