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Showing 1 - 10 of 56 results for "inequality"

AI poses serious governance risk

MICHELLE BALTAZAR  |  FRIDAY, 15 MAR 2024  |  NEWS
... breaches of privacy, unlawful discrimination and reputational harm. At a group level, AI systems could widen social inequality, displace jobs and be used for political manipulation. Joining Davis on the conference panel was Dayle Stevens, executive of ...

AI trumps climate as chief risk factor: economists

ROSE MARY PETRASS  |  WEDNESDAY, 21 FEB 2024  |  NEWS
... said his "hopes are not very high" on geopolitical risk. AI has huge implications for the economy and could worsen inequality. As many as 300 million full-time jobs around the world could be automated. "There is a race around AI tech, we don't know ...

WEF to unlock US$2.8 tr clean energy investment in global majority nations

ROSE MARY PETRASS  |  MONDAY, 22 JAN 2024  |  NEWS
... the world's super-rich including Abigail Disney, Brian Cox and Valerie Rockefeller, signed an open letter condemning inequality and calling for politicians to introduce wealth taxes to help pay for public services. "Our request is simple: we ask you ...

BNP Paribas updates sustainability strategy

ROSE MARY PETRASS  |  TUESDAY, 16 JAN 2024  |  NEWS
... corporate and sovereign ESG scoring models, develop new investment strategies linked to equality and social themes, target inequality through proxy voting, and influence public policy through engagement. Details will be announced in 2024. "Our corporate ...

Global economists identify key risks for the decade ahead

ROSE MARY PETRASS  |  THURSDAY, 11 JAN 2024  |  NEWS
... will provide partial solutions to some crises - such as healthcare, food security and climate mitigation - but drive inequality and widen the gap between the haves and have-nots. However, rampant disinformation, already seen on a wide scale during 2023 ...

Slow progress on human rights in business

ROSE MARY PETRASS  |  MONDAY, 27 NOV 2023  |  NEWS
... companies from ten sectors across 80 countries on the first steps that companies should be taking to address gender inequality. WBA found that overall, global performance on gender equality is "dismal". In most companies, women are underrepresented in ...

Most inclusive Aussie orgs named

ROSE MARY PETRASS  |  MONDAY, 6 NOV 2023  |  NEWS
... Future Super, was on the list. CEO Simon Sheikh commented: "Future Group's mission is to reduce climate change and inequality so I'm deeply proud of the work we do internally as a business to celebrate our diverse employee base, and ensure we ...

Climate risk or opportunity for insurance sector

ROSE MARY PETRASS  |  THURSDAY, 5 OCT 2023  |  NEWS
... to $17 afterwards in insurance recoveries." Insurance protects assets and income from long term shocks, influences inequality, protects marginalised members of society, and incentivises loss mitigation. Some insurance providers are offering climate resilience-tied ...

Australia's wealth gap deepens: Report

CHLOE WALKER  |  THURSDAY, 28 SEP 2023  |  NEWS
... increase) and the lowest 20% (with a 20% increase) in the dust. The largest contributor to the overall increase in wealth inequality over the period was superannuation, ACOSS said. While not as concentrated in the hands of the wealthiest households as ...

Successful merger for social and inequality reporting framework

ROSE MARY PETRASS  |  FRIDAY, 1 SEP 2023  |  NEWS
Two initiatives focusing on inequality-related and social-related financial disclosures have successfully consolidated into a single taskforce to address related risks in reporting. The initiatives - the Taskforce on Inequality-related Financial Disclosures ...
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