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Showing 421 - 430 of 1808 results for "Governance"

ASIC consults on guidance for carbon markets

ROSE MARY PETRASS  |  WEDNESDAY, 8 MAY 2024  |  NEWS
The corporate regulator will update guidance for carbon market participants in relation to the Australian financial services (AFS) licensing requirements. The Australian Securities and Investments Commission (ASIC) proposed an overhaul of its regulatory ...

Poor investment governance costly for asset owners, members: KPMG, Frontier

ANDREW MCKEAN  |  MONDAY, 6 MAY 2024  |  NEWS
Most asset owners estimate that poor investment governance could increase portfolio costs by 1% or more annually, according to a joint report by KPMG and Frontier Advisors. The report, which surveyed 22 asset owners in the local investment industry ...

Men, women in same occupation drive pay gap

KARREN VERGARA  |  MONDAY, 6 MAY 2024  |  NEWS
A whopping 80% of the gender pay gap can be attributed to women being paid less than men within the same occupation, a new economic analysis shows. After analysing tax data, economic research organisation E61 Institute compared men and women of similar ...

Greenwashing crackdown will boost ESG fund flows: ASIC

ROSE MARY PETRASS  |  THURSDAY, 2 MAY 2024  |  NEWS
Corporate watchdog chair Joe Longo has underlined the regulator's hardline approach and said compliance leads to more profitability. Responsible investors must ensure their products are true-to-label in order to avoid greenwashing, the Australian ...

Active ownership is the new sheriff in town

MICHELLE BALTAZAR  |  WEDNESDAY, 1 MAY 2024  |  NEWS
Prepare to be dazzled - or bulldozed, as the case may be - as sustainable investing goes through a whirlwind transformation in the next six years, says the chief executive of the nation's third-largest super fund. Speaking at the Responsible Investment ...

RIAA launches Sustainability Classifications Initiative

ROSE MARY PETRASS  |  WEDNESDAY, 1 MAY 2024  |  NEWS
A crucial new initiative offers investors a greater level of transparency and clarity, empowering them to meet their responsible investing goals while avoiding greenwashing. It will help consumers, advisers and others to compare the degree to which ...

Geostrategic risks in a changing world

ROSE MARY PETRASS  |  WEDNESDAY, 1 MAY 2024  |  NEWS
... peacebuilding." This could be facilitated by blended finance, and peace bonds, uniting commercial capital with traditional governance assistance. The RIAA Investor Toolkit on Human Rights and Armed Conflict was launched at the Conference in 2023, which ...

Auditors lambast mandatory climate reporting requirements

ELIZA BAVIN  |  MONDAY, 29 APR 2024  |  NEWS
... Australian Securities and Investments Commission (ASIC) chair Joe Longo said growing interest in environmental, social, and governance issues had driven the need for more thorough disclosure requirements but said the phased rollout should give companies ...

New framework for investors to navigate AI released

ELIZA BAVIN  |  MONDAY, 29 APR 2024  |  NEWS
... bridge the gap between emerging RAI considerations and traditional ESG principles, such as climate, modern slavery, and governance. Step one of the framework determines materiality risk incorporating 27 AI use cases across nine key sectors. Step two ...

Proxy voting targets DEI and pay

ROSE MARY PETRASS  |  MONDAY, 29 APR 2024  |  NEWS
... team at Morgan Stanley Investment Management, shareholder proposals related to environmental, social, and corporate governance (ESG) factors, as well as executive compensation and director elections, are the most common reasons for votes against management. ...