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Showing 51 - 60 of 280 results for "vote"

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 ...

Philanthropic donations under scrutiny

ROSE MARY PETRASS  |  THURSDAY, 4 APR 2024  |  NEWS
Investors expect ASX-listed companies to watch their corporate donations more closely, as the donor list of the 2023 Voice referendum uncovers a thin line between political versus philanthropic activities. While some of the companies that donated prohibit ...

Big super's plan on fossil fuel return

ROSE MARY PETRASS  |  MONDAY, 18 MAR 2024  |  NEWS
... to 53% from 2020/2021 to 2022. AustralianSuper, Brighter Super, Hostplus, IOOF and Qantas Super were the least likely to vote on climate. AustralianSuper told FS Sustainability the fund engaged with Woodside on "its approach to climate change and its ...

Climate group exodus unlikely to hinder climate action: IGCC

ROSE MARY PETRASS  |  THURSDAY, 7 MAR 2024  |  NEWS
Invesco is the latest departure from the Climate Action 100+ network, as four major US banks leave climate benchmark group the Equator Principles. Insiders insist the news has been sensationalised by the media and that more firms are joining than are ...