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Future Super promotes Kirstin Hunter to co-founder

RACHEL ALEMBAKIS  |  FRIDAY, 8 MAY 2020  |  NEWS
... Future Super Hunter joined Future Super in 2017 as chief operations officer and in 2018 she was appointed to the Future Super board as managing director. Future Super said Hunter "been instrumental in leading the businesses movement to use the power ...

Identifying potential risks of COVID-19 and modern slavery in supply chain

RACHEL ALEMBAKIS  |  FRIDAY, 1 MAY 2020  |  NEWS
There is increasing concern that the impacts of COVID-19 will exacerbate conditions causing modern slavery in supply chains, opening up investor and business risk as well as questions about compliance with Modern Slavery Act reporting. Earlier this ...

Woodside AGM climate resolution receives majority support

RACHEL ALEMBAKIS  |  FRIDAY, 1 MAY 2020  |  NEWS
... "A lot of companies don't give us the type of seniority in terms of who they send to meet us. Some send the COO or CEO or board chairman, but in other companies, we meet with investor relations. I think we would hope that the company starts to take us ...

Evidence links ESG performance to company, fund performance in crisis

RACHEL ALEMBAKIS  |  FRIDAY, 24 APR 2020  |  NEWS
... supports Fidelity International's view that a company's focus on sustainability factors is "fundamentally indicative of its board and management quality," Tan said. "This leads to more resilient businesses in downturns that will be better positioned ...

Climate risk assessment impacts on small, mid-cap portfolios: Fairlight AM

RACHEL ALEMBAKIS  |  THURSDAY, 9 APR 2020  |  NEWS
... disclosure was once the domain of larger companies, we are progressively seeing better data become available across the board, which is largely a consequence of increasing investor focus on ESG issues. The finance industry is still some distance from ...

Questions raised over governance implications of share buyback schemes

RACHEL ALEMBAKIS  |  FRIDAY, 3 APR 2020  |  NEWS
... said. "It has more to do with the culture and the business model of a company than whether the company has an independent board, or is the CEO also chairman," Marshall said. "We don't often see companies that are high growth companies buying back shares ...

ANZ companies report board level climate oversight, more needed: CDP

RACHEL ALEMBAKIS  |  FRIDAY, 3 APR 2020  |  NEWS
The vast majority of Australian and New Zealand companies reporting to CDP have board-level oversight on climate-related issues, but more action is needed, CDP said. Pratima Divgi, director of Hong Kong, Southeast Asia, Australia and New Zealand at ...

UN GCNA appoints Pru Bennett to board of directors

RACHEL ALEMBAKIS  |  FRIDAY, 3 APR 2020  |  NEWS
The UN Global Compact Network Australia (GCNA) has appointed corporate governance expert Pru Bennett to its board of directors. Kylie Porter, GCNA executive director Bennett is a former managing director of Blackrock with more than 20 years' experience ...

Majority expect savings, super to be ethically invested: RIAA

RACHEL ALEMBAKIS  |  FRIDAY, 27 MAR 2020  |  NEWS
... should do versus a superannuation fund," O'Connor said. "In fact, most Australians have very similar expectations across the board. You don't see a huge amount of differences in the responses of the bank versus the superannuation system." Financial advisers ...

Forum360 highlights case for virtual shopping for fund managers

RACHEL ALEMBAKIS  |  FRIDAY, 20 MAR 2020  |  NEWS
... activity in this space, they recently engaged former Business Council of Australia Chair, Grant King to sit on their advisory board. Forum360 also describes itself as pro-ESG, in that it delivers a scalable, time saving, cost effective solution with ...