Search Results

Showing 31 - 40 of 119 results for "company directors"

Platinum hires ESG expert as head of stewardship

RACHEL ALEMBAKIS  |  THURSDAY, 9 FEB 2023  |  NEWS
... company engagement and through fostering relationships with industry groups, such as the Australian Institute of Company Directors (AICD), Bailey said. Bailey highlighted disclosure around board skills as a concern. "Under the ASX Corporate Governance ...

ISSB standards do not introduce increased risk for investors

RACHEL ALEMBAKIS  |  WEDNESDAY, 8 FEB 2023  |  NEWS
... (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 legal opinion. The Australian Council of Superannuation ...

US attorneys general call out proxy advisers for "woke" agenda

RACHEL ALEMBAKIS  |  WEDNESDAY, 1 FEB 2023  |  NEWS
... clients on matters related to their climate agenda. "ISS and Glass Lewis have also pledged to recommend votes on company directors based on certain racial, ethnic, or sex-based diversity factors, which could open companies up to substantial legal liability ...

Calls for transformation, climate skill in AGL board renewal

RACHEL ALEMBAKIS  |  THURSDAY, 2 JUN 2022  |  NEWS
... to the dearth of board experience with change management or transformation skill and experience, Australian company directors "lack the skills and experience" to lead the transition to net zero emissions by 2050, according to a 2021 report by the Investor ...

ASX boards need to "quickly evolve" on ESG skills: Melior

RACHEL ALEMBAKIS  |  THURSDAY, 5 MAY 2022  |  NEWS
... company engagement and through fostering relationships with industry groups, such as the Australian Institute of Company Directors (AICD), said Melior head of advocacy strategy and senior analyst Julia Bailey. "We are building relationships with the ...

U Ethical makes two board appointments

RACHEL ALEMBAKIS  |  WEDNESDAY, 23 FEB 2022  |  NEWS
... Zealand and Asia with AXA, Mercer and Manulife. She is a qualified actuary, fellow of the Australian Institute of Company Directors and is president and chair at the Actuaries Institute in Australia. U Ethical cited her experience leading significant ...

Proxy adviser reforms overturned by Senate

RACHEL ALEMBAKIS  |  THURSDAY, 10 FEB 2022  |  NEWS
... would have resulted in poorer transparency of investee companies' practices and performance. "Just like company directors, lawmakers must be held to high standards of governance," Rennie said. "Legislation should be justified, proportionate, consistent ...

Oliver Wyman appoints ex-Westpac exec as special adviser

RACHEL ALEMBAKIS  |  WEDNESDAY, 9 FEB 2022  |  NEWS
... of the Financial Services Institute of Australasia (FINSIA) and is a graduate of the Australian Institute of Company Directors. She has also served as a board member of the Australian Financial Markets Association, the Banking & Finance Oath, and the ...

Australian company boards lack skill, experience to lead net zero transition: IGCC

RACHEL ALEMBAKIS  |  WEDNESDAY, 17 NOV 2021  |  NEWS
Australian company directors "lack the skills and experience" to lead the transition to net zero emissions by 2050, according to a report by the Investor Group on Climate Change (IGCC). Further, the IGCC report, A Changing Climate: what investors expect ...

Weighing litigation risk of net zero targets

RACHEL ALEMBAKIS  |  WEDNESDAY, 29 SEP 2021  |  NEWS
Disclosing ESG information brings risks of liability and litigation to companies, and company directors and their investors must be aware of those risks. Recently, the Australasian Centre for Corporate Responsibility (ACCR) filed a court case which ...