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Australian companies under "extreme pressure" over ESG

RACHEL ALEMBAKIS  |  THURSDAY, 23 SEP 2021  |  NEWS
... impact of COVID-19 on gender diversity progress, and governance- driving accountability and transparency and the role of the board in connecting ESG with strategy and culture to strengthen alignment and motivate better performance. Ed. note: Story substantially ...

Boards have responsibility to manage ethics

RACHEL ALEMBAKIS  |  THURSDAY, 23 SEP 2021  |  NEWS
Ethics and managing material ethical issues is a board responsibility, but directors can be at risk of having tunnel vision and not recognising the impacts of their decisions, according to the Cranlana Centre for Ethical Leadership. Cranlana Centre ...

Islamic fund to expand into banking

RACHEL ALEMBAKIS  |  THURSDAY, 16 SEP 2021  |  NEWS
... entertainment, conventional derivatives, weapons, and all other impermissible actions as decided by the Sharia Supervisory Board.

MUFG, First Sentier announce head of Sustainable Investment Institute

RACHEL ALEMBAKIS  |  TUESDAY, 14 SEP 2021  |  NEWS
... action to prevent microplastics entering the environment. Karadzhova will work closely with the Institute's external advisory board of prominent sustainability academics and industry leaders, appointed to inform its research agenda and ensure its research ...

Climate transition a business opportunity: Geoff Summerhayes

RACHEL ALEMBAKIS  |  THURSDAY, 9 SEP 2021  |  NEWS
... business and investment decisions are shifting from risk to capturing new opportunities, according to former APRA executive board member Geoff Summerhayes. Climate change is moving from an issue of a "hygiene factor" to a question of strategic advantage ...

SGX proposes mandatory TCFD, diversity reporting

RACHEL ALEMBAKIS  |  WEDNESDAY, 8 SEP 2021  |  NEWS
... for all entities listed on the exchange. The Singapore Exchange Regulation (SGX RegCo) is also proposing enhancements to board diversity by requiring issuers to have a board diversity policy and disclose related targets, plans and timelines in annual ...

HESTA CEO joins corporate governance board

RACHEL ALEMBAKIS  |  WEDNESDAY, 8 SEP 2021  |  NEWS
HESTA CEO Debby Blakey has been appointed to the Board of the International Corporate Governance Network (ICGN). Blakey is the only Australian board member, whose members are responsible for assets of more than $79 trillion. ICGN represents institutional ...

Boral to go net zero by 2050

RACHEL ALEMBAKIS  |  TUESDAY, 7 SEP 2021  |  NEWS
... announced the approach we're going to take on that, but it's fair to assume that this is a conversation that the board is having, the remuneration committee is having, and it's likely to have this built in going forward," Todorcevski said. ...

Using the SDGs to develop sustainable investment

RACHEL ALEMBAKIS  |  THURSDAY, 2 SEP 2021  |  NEWS
... support the accomplishment of the 17 SDGs, said Georg Kell, founding director, UN Global Compact; Co-Chair, DWS ESG Advisory Board; Speaker, Volkswagen Sustainability Council (GER), speaking at the Australian Institute of Superannuation Trustees 2021 ...

Venture capital takes on impact investing

RACHEL ALEMBAKIS  |  THURSDAY, 2 SEP 2021  |  NEWS
... OneVentures' policy asks portfolio companies to report on ESG metrics using the Sustainability Accounting Standards Board (SASB) reporting framework, which OneVentures then maps to the relevant SDGs. OneVentures has over $550 million in funds under ...