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Showing 51 - 60 of 101 results for "Principle 3"

ASX50 companies not making strategic case for sustainability

RACHEL ALEMBAKIS  |  FRIDAY, 5 DEC 2014  |  NEWS
ASX50 companies are identifying sustainability-related megaforces that will impact their businesses' future, but most companies focus on tactical rather than strategic responses to those megatrends, according to a report from the Global Reporting Initiative ...

Governance Institute of Australia questions shareholder primacy

RACHEL ALEMBAKIS  |  FRIDAY, 24 OCT 2014  |  NEWS
It is time to re-examine the principle that shareholder interests are paramount in business decision-making, according to a new paper by Governance Institute of Australia. Judith Fox, director, policy, Governance Institute of Australia The Governance ...

APRA adds materiality to trustees' risk management declaration

RACHEL ALEMBAKIS  |  FRIDAY, 17 OCT 2014  |  NEWS
The Australian Prudential Regulation Authority (APRA) has informed superannuation fund trustees that materiality is part of the board's risk management declaration, widening the scope of risks that trustees must disclose to the prudential regulator. ...

AMP Capital reviews corporate governance activities

RACHEL ALEMBAKIS  |  FRIDAY, 12 SEP 2014  |  NEWS
Governance practices have evolved differently around the world, and as a result, AMP Capital has developed a nuanced, case-by-case approach to proxy voting and engaging with companies in varying markets. Karin Halliday, AMP Capital corporate governance ...

Net Balance: sustainability assurance increase in ASX200

RACHEL ALEMBAKIS  |  WEDNESDAY, 6 AUG 2014  |  NEWS
A total of 43 ASX200 companies assured their sustainability data in 2013, according to research from Net Balance that also finds an emerging trend of companies assuring human rights disclosures in addition to environmental data. This is Net Balance's ...

GRI undergoing governance process to become standard setter

RACHEL ALEMBAKIS  |  WEDNESDAY, 25 JUN 2014  |  NEWS
The Global Reporting Initiative (GRI) is reorganising its governing bodies to strengthen its role as a standard setter for sustainability reporting. The changes will result GRI separating out its advocacy work from the standards-setting work and lead ...

Northern Trust's Bowers on ESG and funds management

RACHEL ALEMBAKIS  |  FRIDAY, 20 JUN 2014  |  NEWS
The integration of environmental, social and governance (ESG) into investment management is accelerating in Australia and around the world, guided by demand from asset owners and increasing flexibility in fund design that can tailor strategies that ...

ASIC guide widens scope of risk, future prospect disclosure

RACHEL ALEMBAKIS  |  FRIDAY, 23 MAY 2014  |  NEWS
A regulatory guide released by the Australian Securities and Investments Commission (ASIC) has extended recommendations of how directors should disclose risks and future prospects of a listed company, opening further opportunities for transparency around ...

Sustainability reporting a source of key business value

RACHEL ALEMBAKIS  |  WEDNESDAY, 21 MAY 2014  |  NEWS
Sustainability reporting has become a vital means for companies to communicate non-financial indicators to capital markets, and regulatory changes in the Australian market mean that companies must think through their sustainability reporting strategies ...

ASX includes ESG language in corporate governance guidance

RACHEL ALEMBAKIS  |  FRIDAY, 28 MAR 2014  |  NEWS
The Australian Securities Exchange (ASX) has recommended that listed companies disclose how economic, environmental and social sustainability risks are being identified and managed. This week the ASX Group's Corporate Governance Council published a ...