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Showing 1 - 10 of 525 results for "shareholder"

Disability inclusion is a financial issue

ROSE MARY PETRASS  |  THURSDAY, 2 MAY 2024  |  NEWS
... sitting on their hands around disability inclusion. What does this mean as an investment thesis... does it create shareholder value?" While there is no argument as to the moral imperative, it is "commercially smart" for businesses to act on disability ...

Auditors lambast mandatory climate reporting requirements

ELIZA BAVIN  |  MONDAY, 29 APR 2024  |  NEWS
Almost 90% of surveyed auditors do not support the government's requirements to implement mandatory climate reporting and assurance on private companies, not-for-profits and companies limited by guarantee, according to a new survey. The survey was ...

Proxy voting targets DEI and pay

ROSE MARY PETRASS  |  MONDAY, 29 APR 2024  |  NEWS
... voting this year. According to data compiled by the international equity team at Morgan Stanley Investment Management, shareholder proposals related to environmental, social, and corporate governance (ESG) factors, as well as executive compensation and ...

Investors back climate disclosure mandate

ROSE MARY PETRASS  |  WEDNESDAY, 24 APR 2024  |  NEWS
A group of Australia's most influential finance groups overseeing $80 trillion have joined up in support for Canberra's proposed law to mandate climate disclosures. The Treasury Law Amendment (Financial Market Infrastructure and Other Measures) Bill ...

Funding green buildings risks greenwashing accusations

ROSE MARY PETRASS  |  THURSDAY, 18 APR 2024  |  NEWS
Climate Energy Finance (CEF) says buildings are the "low-hanging fruit" that make up the lion's share of the big four banks' sustainable finance target (SFT) of $385 billion by 2030 - while just 7% flows to financing clean energy and hard-to-abate sectors. ...

Two new ETFs for Franklin Templeton

KARREN VERGARA  |  MONDAY, 15 APR 2024  |  NEWS
... globally for financially sustainable business models, and proven management teams that are focused on the creation of shareholder value. We utilise the results of this analysis to build a concentrated, best-ideas portfolio of 35 to 40 stocks." The fund ...

Sandon Capital to buy carbon farms

ROSE MARY PETRASS  |  MONDAY, 15 APR 2024  |  NEWS
... other shareholders to take action. Australia, it believes, has the right legal and regulatory environment to make shareholder activism successful - following in the footsteps of the US, UK, and Europe, where shareholder activism is already common. CCI ...

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 ...

Borrowers pressured for plans as Scope 3 left in dust

ROSE MARY PETRASS  |  MONDAY, 8 APR 2024  |  NEWS
... including for businesses it finances - by 2050. This comes as the 2024 proxy season and AGM's are well underway, with shareholder resolutions at large listed companies increasingly focusing on climate. Banks and asset management firms are facing pressure ...

Deutsche Bank links 33% of long-term bonuses to non-financial targets

ROSE MARY PETRASS  |  WEDNESDAY, 20 MAR 2024  |  NEWS
One of the world's largest financial institutions now ties a whopping third of long-term bonuses to sustainability and social objectives for the first time, starting this year. The change was outlined in its latest non-financial report outlining progress ...
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