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ASX 200 lacks sourcing transparency

ROSE MARY PETRASS  |  MONDAY, 4 MAR 2024  |  NEWS
Just 11% of Australia's top 200 listed companies comprehensively disclose sustainable sourcing practices in 2022, according to a new index created by supply chain experts. ASX 200 listed companies are not adequately reporting on the sustainability of ...

Upward trends continue despite ESG backlash

ROSE MARY PETRASS  |  MONDAY, 4 MAR 2024  |  NEWS
The ongoing debate over asset benchmarking, regulation, and ESG investment versus science-based targets has led top practitioners to tread more carefully on asset allocations and geographical spread. The global responsible investment industry has in ...

Looking beyond the gender pay gap

ROSE MARY PETRASS  |  THURSDAY, 29 FEB 2024  |  NEWS
Financiers are calling for a more nuanced breakdown of the gender pay gap, including executive salaries, and metrics tracking race, disability, and gender diverse individuals. This week, Workplace Gender Equality Agency (WGEA) revealed the median total ...

Business calls for 12-month climate reporting delay

ROSE MARY PETRASS  |  THURSDAY, 29 FEB 2024  |  NEWS
... to make informed decisions, risks and opportunities pertaining to climate are increasingly important for investors and a high-quality robust climate related financial disclosure reporting framework will be critical for future investments." Making valid ...

Tracking nature: finance lags on biodiversity

ROSE MARY PETRASS  |  THURSDAY, 29 FEB 2024  |  NEWS
... approach to violence in their supply chains. Just 1% of companies committed publicly to address human rights for at least one high risk commodity - but none for all commodities. "After a decade of being in the spotlight and numerous engagement attempts ...

Investors scrutinise Australia-first gender pay gap data

ROSE MARY PETRASS  |  TUESDAY, 27 FEB 2024  |  NEWS
Investors are looking to today's gender pay gap release to inform decision-making and identify reputational, legal, and financial risks in investible companies. The Workplace Gender Equality Agency (WGEA) today published data on base salaries and total ...

ISSB publishes jurisdictional guide, seeks experts

ROSE MARY PETRASS  |  MONDAY, 26 FEB 2024  |  NEWS
... ISSB Standards into their legal and regulatory frameworks as companies opt to voluntarily apply the standards in response to high investor demand. To assist in jurisdictional adoption and use of the standards, the ISSB has released a preview version ...

Personal views influence climate decision-making

ROSE MARY PETRASS  |  MONDAY, 26 FEB 2024  |  NEWS
... Reputational risk was found to be more important than maximising returns, with investors more willing to reduce investments in high-climate risk companies compared with five years ago. "Our research found that executives at many of the world's largest ...

Family businesses see ESG driving future: Grant Thornton

RACHEL ALEMBAKIS  |  THURSDAY, 22 FEB 2024  |  NEWS
... moderately important. Certain industries, such as Technology & Media Communications and Arts & Recreation, display particularly high levels of commitment to sustainable practices, the survey found. At the same time, respondents raised a number of concerns ...

AXA IM warns companies on climate lobbying

ROSE MARY PETRASS  |  THURSDAY, 22 FEB 2024  |  NEWS
... with governments and political action at the forefront of the energy transition, climate lobbying of investee companies in high-impact sectors will notably be a reinforced area of focus to ensure consistency between publicly stated goals and corporate ...