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Aware Super appoints ESG, product and insurance heads

ELIZABETH FRY  |  THURSDAY, 18 APR 2024  |  NEWS
... working in Australia, the USA and the UK. She has delivered climate transition plans and responsible investment strategies for ASX companies. Earlier in her career, the specialist consulted with major companies to drive ESG best practice in real estate. ...

Russell Investments introduces new ESG-focused ETF

ANDREW MCKEAN  |  WEDNESDAY, 17 APR 2024  |  NEWS
... environmental, social and governance (ESG) considerations. The Russell Investments Sustainable Global Opportunities Complex ETF (ASX: RGOS) incorporates the investment strategies of several global equities managers, including Sparinvest, Wellington Management ...

Social impact groups bolster leadership

ROSE MARY PETRASS  |  MONDAY, 15 APR 2024  |  NEWS
... (ACSA), chair of the Council of Tara Anglican School for Girls, and vice president at Bankers Trust. He will remain at the ASX as a member of the cash equity clearing and settlement advisory group, and also at boutique advisory firm Jefferson & Shea. ...

Two new ETFs for Franklin Templeton

KARREN VERGARA  |  MONDAY, 15 APR 2024  |  NEWS
Franklin Templeton has launched actively managed global equity and fixed income exchange-traded funds (ETFs) on the ASX today. The Franklin Global Growth Fund (FRGG) invests in companies operating in developed and emerging markets from around the world ...

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
... a larger share of the stock market but saw lower investment from asset owners relative to the companies' sizes on the ASX. Australia's major super funds on average reduced their Woodside holdings by 0.30 percentage points against the company's ...

AI poses serious governance risk

MICHELLE BALTAZAR  |  FRIDAY, 15 MAR 2024  |  NEWS
... Technology Institute (HTI), which released The State of AI Governance in Australia report last May. The report surveyed over 300 ASX company directors and executives on their understanding of AI governance. It found that while two-thirds of organisations ...

Why top firms have more women on boards: AICD

ROSE MARY PETRASS  |  THURSDAY, 14 MAR 2024  |  NEWS
... the February Workplace Gender Equality Agency (WGEA) data release found that overall, 34% of board members are women. The ASX 20 and ASX 50 are at 40% women on boards, while ASX 100 and ASX 200 are at 39.3% and 37.4% respectively. Women now comprise ...

Directors sweat on climate: AICD

ROSE MARY PETRASS  |  TUESDAY, 5 MAR 2024  |  NEWS
... views of 1057 AICD members, along with insights from interviews and roundtable discussions with senior directors, primarily at ASX 200 companies. Directors feel the need for a coordinated approach to meet net zero targets. A third of boards (32%) said ...

ASX 200 lacks sourcing transparency

ROSE MARY PETRASS  |  MONDAY, 4 MAR 2024  |  NEWS
... 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 their economic, social and environmental sourcing ...
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