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Showing 511 - 520 of 1452 results for "board"

Businesses back stronger Modern Slavery Act

RACHEL ALEMBAKIS  |  WEDNESDAY, 5 APR 2023  |  NEWS
... is doing the right thing," Nolan said. "In some cases, people said [financial penalties] might get the attention of our board and they might take it more seriously than before, others said they were doing it without." Two thirds of respondents also said ...

Market Forces asks for ASIC investigation of ANZ

RACHEL ALEMBAKIS  |  WEDNESDAY, 5 APR 2023  |  NEWS
... to make the resolution appear unreasonable, potentially leading investors to vote under a serious misapprehension." The board recommended that shareholders vote against the special resolution and Market Forces says that in their notice of general meeting ...

Australian sustainable finance taxonomy to feature traffic-light system

RACHEL ALEMBAKIS  |  THURSDAY, 30 MAR 2023  |  NEWS
... outlines the next step in development, including a three-tier governance approach, including the establishment of a Taxonomy Board that includes government, peak representation across the financial sector (banking, insurance, investors and superannuation) ...

Australia "on notice" as final TNFD draft framework released

ROSE MARY PETRASS  |  THURSDAY, 30 MAR 2023  |  NEWS
... recommendations align with emerging global reporting requirements being developed by the International Sustainability Standards Board (ISSB), which Parker expects Australia to introduce once finalised. "Environment Minister Plibersek sees [TNFD] as a ...

Asian companies setting net zero goals, lagging on capital alignment

RACHEL ALEMBAKIS  |  THURSDAY, 30 MAR 2023  |  NEWS
... remuneration, with 46% of companies having ESG-linked compensation for senior executives. Nearly two thirds - 64% - have set up a board-level ESG committee, in parallel with other committees such as audit, remuneration and nomination "In terms of CEO ...

Brookfield consortium to buy Origin Energy for $18.7bn

RACHEL ALEMBAKIS  |  TUESDAY, 28 MAR 2023  |  NEWS
... acquire the company at a price of $8.91 per share, which represents a premium of 53.4% on the current share price. The Origin board has stated that it is unanimously recommending that Origin shareholders vote in favour of the scheme in the absence of ...

Activist investor launches Santos campaign

RACHEL ALEMBAKIS  |  THURSDAY, 9 MAR 2023  |  NEWS
... shareholder interests." Snowcap Research, which is an investor in Santos, has issued a letter and a presentation to the Board of Directors, outline its perspective and why the board must take urgent action. Santos' AGM will be later in May, and the ...

Cybersecurity tops ESG priorities for ASX companies: Perennial

RACHEL ALEMBAKIS  |  THURSDAY, 9 MAR 2023  |  NEWS
... cybersecurity, including reputational risks, fines and regulatory attention, customer loss and litigation. "We want to see a board member accountable for cybersecurity risk, in their risk register, and we want to make sure that management is upskilled ...

Exploding the glass cliff myth

RACHEL ALEMBAKIS  |  TUESDAY, 7 MAR 2023  |  NEWS
... point to understand how good it is," she said. "When you are speaking to a broader group like the senior management and board, that's where we use that research to engage upon." The number of women appointed as CEOs is rising, Guido noted. "If you ...

Push for greater ESG alignment in C-Suite pay

RACHEL ALEMBAKIS  |  THURSDAY, 2 MAR 2023  |  NEWS
... the discussion of how to align executive remuneration to incentivise performance on key ESG concerns is the discussion of board director skills, an issue that Melior has as a long-term engagement point. "We look at all the looming ESG issues that are ...