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Showing 51 - 60 of 283 results for "vote"

Hostplus boosts VC funding for renewable energy tech

ELIZA BAVIN  |  THURSDAY, 28 NOV 2024  |  NEWS
... sustainable lithium extractor Electralith. IP Group ANZ chief executive Michael Molinari said the increased investment was a vote of confidence in IP Group's investment model and proof that universities are effective in commercialising deep tech. ...

Expect audit standards by Christmas

ROSE MARY PETRASS  |  MONDAY, 23 SEP 2024  |  NEWS
Climate reporting is set to become a standard part of accounting as audit standards are due for release in December, with all disclosures checked by the end of the decade. The Australian Accounting Standards Board (AASB) has finalised the standard explaining ...

Exec pay lands listed firms in hot water

MICHELLE BALTAZAR  |  THURSDAY, 12 SEP 2024  |  NEWS
... to go compared with the level of shareholder activism seen in the US. Many institutional investors are still reluctant to vote in favour of a board spill resolution, where directors stand to be re-elected, even after a second strike. Shareholders would ...

Natural gas buyout bulldozes investors: Analysts

ROSE MARY PETRASS  |  THURSDAY, 5 SEP 2024  |  NEWS
... ammonia investment more than 21 times over, assuming full ownership and all four phases developed. A number say they will vote to oust chair Richard Goyder in the next meeting, including Aware Super, Vision Super, Allianz Global Investors, Anima, CalPERS ...

Shareholders to pressure supermarkets over seafood sourcing

ROSE MARY PETRASS  |  WEDNESDAY, 28 AUG 2024  |  NEWS
... least 100 collaborators. FS Sustainability understands at least one major asset manager, yet to be publicly named, plans to vote in support of the resolution. Even a 20% vote in favour would send a strong signal for corporate action, says Adam Verwey ...

Woodside's US$2.35bn gamble raises doubts

ROSE MARY PETRASS  |  MONDAY, 12 AUG 2024  |  NEWS
The energy giant's US$2.35 billion ammonia buyout may placate many shareholders, but the high price paid has raised alarms given the yet-to-be-operational plant hinges on possibly impermanent carbon capture. Last week, Australian oil and gas company ...

Northern Trust firms up stewardship, proxy voting offering

ROSE MARY PETRASS  |  FRIDAY, 9 AUG 2024  |  NEWS
The US$1.5 trillion global asset manager has poached a stewardship head from rival UBS Asset Management, who will chair the proxy voting committee amid a rollout of a new proxy voting solution. Paul Clark is an investment management expert with over ...

AXA IM releases engagement data

ROSE MARY PETRASS  |  THURSDAY, 9 MAY 2024  |  NEWS
Climate and corporate governance were the biggest areas of focus for the leading global asset manager, which ramped up its engagement activities by 14% on the previous year. AXA Investment Managers, with €844 billion AUM, made 681 engagements with ...

Proxy voting targets DEI and pay

ROSE MARY PETRASS  |  MONDAY, 29 APR 2024  |  NEWS
... team at Morgan Stanley Investment Management voted against management in 9% of cases, and 69% of meetings had at least one vote against management. Bruno Paulson, managing director for the International Equity team says increased attention is being paid ...

Investors fail to vote for climate despite pledges

ROSE MARY PETRASS  |  THURSDAY, 11 APR 2024  |  NEWS
Board directors of energy companies continue to be elected with over 95% shareholder support, even when those companies perform poorly against investor expectations. More than six years after the launch of the Climate Action 100+ (CA100+) Net Zero Company ...