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Showing 551 - 560 of 1452 results for "board"

ASX sees first strike against remuneration report

RACHEL ALEMBAKIS  |  THURSDAY, 29 SEP 2022  |  NEWS
... 30% of ASX shareholders have voted against the company's remuneration report, triggering a first strike warning to its board. At the ASX AGM, 29.77% of shareholders voted against the remuneration report as the exchange announced further delays to ...

Investors call for 75% emissions reduction by 2035

RACHEL ALEMBAKIS  |  THURSDAY, 29 SEP 2022  |  NEWS
... aligned to the Task Force on Climate-Related Financial Disclosures (TCFD) and the International Sustainability Standards Board (ISSB). "Climate change represents one of the greatest systemic risks for Aware Super's $150 billion investment portfolio," ...

Super funds more likely to recall shares for proxy votes: research

RACHEL ALEMBAKIS  |  THURSDAY, 22 SEP 2022  |  NEWS
... more than 25% of a company's shareholders vote down two annual remuneration reports in a row, this triggers a vote on a board spill that could result in the company's entire board of directors facing re-election. While board spills are rare, it is ...

RBA governor urges implementation of ISSB standards

RACHEL ALEMBAKIS  |  MONDAY, 19 SEP 2022  |  NEWS
... "is going to need to find a way" to implement the standards being developed by the International Sustainability Standards Board (ISSB) or else risk falling behind on international investor expectations, Reserve Bank of Australia Governor Philip Lowe ...

UniSuper caps future investment in fossil fuel

RACHEL ALEMBAKIS  |  THURSDAY, 15 SEP 2022  |  NEWS
The board of UniSuper has imposed a cap on fossil fuel exposure of 7% and has divested from companies that generate more than 10% of revenue from the extraction and production of thermal coal. UniSuper has issued its fifth annual climate risk report ...

NZ Super Fund shifts $25 billion to low carbon indices

RACHEL ALEMBAKIS  |  WEDNESDAY, 14 SEP 2022  |  NEWS
... climate goals, we expect these new indices to deliver better environmental, social and governance (ESG) metrics across the board," said chief investment officer Stephen Gilmore. The changes will further reduce the Fund's exposure to carbon emissions. ...

Glencore faces greenwashing allegations

RACHEL ALEMBAKIS  |  THURSDAY, 8 SEP 2022  |  NEWS
... plans in place. In separately lodged complaints on behalf of Lock the Gate Alliance and PCWP with the Advertising Standards Board in Australia, the EDO alleges "apparent breaches of the Environmental Claims Code and Australian Association of National ...

HESTA ups the ante on AGL, Santos on climate

RACHEL ALEMBAKIS  |  THURSDAY, 8 SEP 2022  |  NEWS
HESTA has placed AGL, Origin, Santos and Woodside on a watchlist over concerns that their stated climate strategies do not meet the transition pathway to containing global warming at 1.5˚C. The $68 billion super fund has also lifted its 2030 emissions ...

Future Fund, UniSuper hire ESG execs

RACHEL ALEMBAKIS  |  THURSDAY, 8 SEP 2022  |  NEWS
... communications to shareholders and other stakeholders, and issues including executive remuneration, diversity, succession planning, board skills matrixes, data security, and the value of non-financial performance. In 2013, Halliday explained from her ...

No ESG drag seen in performance test results

RACHEL ALEMBAKIS  |  THURSDAY, 1 SEP 2022  |  NEWS
... of this commentary seems to have misunderstood the fact that ESG that underperformed because markets were weak across the board, and that if it hit ESG funds it would just as likely hit other funds." Through the 2021-22 FY, the Rainmaker ESG Diversified ...