Corporate Strategy

Property Council of Australia develops platform for modern slavery data

RACHEL ALEMBAKIS  |  FRIDAY, 17 APR 2020  |  NEWS
The Property Council of Australia (PCA) is leading a collaborative group of the 17 largest property companies in developing a tech platform that gathers and collates information from industry suppliers on their modern slavery exposures in operations ...

Financial services industry addressing leadership in uncertain times: RIAA

RACHEL ALEMBAKIS  |  FRIDAY, 17 APR 2020  |  NEWS
The investment, banking and insurance industries are in a position to lead the responses to a range of broad challenges, including climate change and COVID-19.

GCNA awarded federal grant to provide training on modern slavery

RACHEL ALEMBAKIS  |  FRIDAY, 17 APR 2020  |  NEWS
The federal government has granted the UN Global Compact Network Australia (GCNA) nearly $100,000 to help companies tackle modern slavery risks under the National Community Crime Prevention Program.

Coronavirus pandemic produces supply chain crisis: Baker McKenzie

RACHEL ALEMBAKIS  |  THURSDAY, 9 APR 2020  |  NEWS
The coronavirus pandemic has produced "an unprecedented global supply chain crisis" that is based on a lack of flexibility in global supply chains and a lack of diversification in sourcing strategies, according to a new report from Baker McKenzie and ...

Coronavirus forcing companies to virtual AGMs, full proxy voting

RACHEL ALEMBAKIS  |  FRIDAY, 3 APR 2020  |  NEWS
Australia's mini-AGM season coincides with tight clampdowns on public meetings as a result of the coronavirus pandemic. As a result, companies are moving towards hybrid virtual AGMs and relying on proxy voting in place of live voting in person.

ANZ companies report board level climate oversight, more needed: CDP

RACHEL ALEMBAKIS  |  FRIDAY, 3 APR 2020  |  NEWS
The vast majority of Australian and New Zealand companies reporting to CDP have board-level oversight on climate-related issues, but more action is needed, CDP said.

Sustainability faces greatest test in response to coronavirus

RACHEL ALEMBAKIS  |  FRIDAY, 27 MAR 2020  |  NEWS
As companies, both ASX listed and unlisted, grapple with the twin onslaught of the coronavirus pandemic and an economic implosion, sustainability professionals within organisations have an essential role to play in responding to the immediate crisis ...

Forum360 highlights case for virtual shopping for fund managers

RACHEL ALEMBAKIS  |  FRIDAY, 20 MAR 2020  |  NEWS
Forum360, a platform that is developing a Netflix-style experience for investors and advisers to connect with fund managers, is highlighting its ability to communicate the value proposition of active management through virtual meetings.

Commonwealth Bank provides sustainability-linked finance to Wesfarmers

RACHEL ALEMBAKIS  |  FRIDAY, 13 MAR 2020  |  NEWS
Commonwealth Bank and Wesfarmers have signed a $400 million three-year bilateral sustainability-linked loan which will link social and environmental outcomes to the cost of finance.

Australia bears sovereign risk with fossil fuel dependence: Beyond Ratings

RACHEL ALEMBAKIS  |  FRIDAY, 13 MAR 2020  |  NEWS
Countries such as Australia that heavily depend on fossil fuels are likely to be more impacted when reaching targets for a zero-carbon global economy, given expected structural changes in the economy, according to Beyond Ratings, a division of London ...