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Showing 421 - 430 of 1452 results for "board"

Nature-related risk a potential risk to directors

RACHEL ALEMBAKIS  |  THURSDAY, 16 NOV 2023  |  NEWS
... the right governance frameworks in place within the business to make sure that nature issues are properly elevated to the board for consideration," Waterford said. "We would hope that directors would engage with the legal opinion, read and digest that ...

Finance eyes $500b green buildings opportunity

ROSE MARY PETRASS  |  THURSDAY, 16 NOV 2023  |  NEWS
... the next financial year. In June, new sustainability standards were released by the International Sustainability Standards Board (ISSB). That same month Treasury proposed the implementation of mandatory climate-related disclosures. In 2022 the debt market ...

AustralianSuper rejects latest Brookfield overture

RACHEL ALEMBAKIS  |  MONDAY, 13 NOV 2023  |  NEWS
... company's structure and exposure to many key variables outside its control what has caused volatility in cash flows, led to the board to recommend the offer and caused debate around valuation." Note: ISS owns ISS Media, publisher of FS Sustainabi ...

ANZ in court over climate and nature risk failure

ROSE MARY PETRASS  |  THURSDAY, 9 NOV 2023  |  NEWS
... Holgersson said. "These systems and frameworks are key to the operations of the bank, and responsibility goes all the way to the Board." ANZ increased its lending to fossil fuel projects in 2022 to $2.6 billion - up from $2 billon in 2021. In contrast ...

"Looming" governance gap as reporting becomes mandatory

ROSE MARY PETRASS  |  WEDNESDAY, 8 NOV 2023  |  NEWS
... experience. ESG is becoming embedded into commercial decision-making, but a "looming" skills gap remains a challenge at the board level, the Action Exchange finds. With mandatory climate-related reporting slated for 2024-2028, it is critical to address ...

Assessing companies ability to make the low carbon transition

RACHEL ALEMBAKIS  |  MONDAY, 6 NOV 2023  |  NEWS
... and processes. Australian supporters of TPI include Aware and HESTA. TPI was co-founded by the Church of England Pension Board and Environment Agency Pension Fund, in partnership with the Grantham Research Institute at the London School of Economics. ...

Fears grow around greenwashing litigation protections

ROSE MARY PETRASS  |  MONDAY, 6 NOV 2023  |  NEWS
... organisations "to make high quality, comparable and useful climate disclosures based on the International Sustainability Standards Board (ISSB) standards" - a significantly greater level of detailed disclosures than current reporting practices, which ...

Brookfield ups the ante on Origin by $1.2bn

RACHEL ALEMBAKIS  |  THURSDAY, 2 NOV 2023  |  NEWS
... higher than the top of the valuation range identified in the Independent Expert's Report and is endorsed by the Origin Board." Origin's largest shareholder, AustralianSuper, announced it would vote against the revised takeover bid on the grounds ...

Investors press Boral for clarity on net zero ambitions

RACHEL ALEMBAKIS  |  THURSDAY, 26 OCT 2023  |  NEWS
... Investors participating in the Climate Action 100+ engagement with Boral, a list participant, have sent a letter to Boral's board after the company announced that it was walking back its 2025 commitment to reducing emissions from 18% to 12-14%. Australian ...

Role for finance after No vote

ROSE MARY PETRASS  |  THURSDAY, 26 OCT 2023  |  NEWS
... associates are starting to view a lack of racial diversity as a credit risk, and NASDAQ has implied policy positions for racial board representation. "We're at a time where there has never been greater attention on First Nations equality among regulators ...