|Web application attacks on the financial services industry increased 38% between January and June 2021, and Australia is particularly vulnerable according to Imperva.|
|The use of animals in safety testing of cosmetic products is increasingly banned and restricted, but companies still face questions over animal welfare that point to overall business governance quality, according to Vontobel Asset Management.|
|UniSuper has reduced its exposure to fossil fuel extraction to less than one percent of its overall portfolio, while 40 of its top 50 Australian investments have set targets aligned with the Paris Agreement.|
|The number of women on boards of ASX300 companies has risen by 60% in the past five years, but cultural diversity has not kept pace.|
|Corporate diversity initiatives can fail to deliver unless companies place equal importance on equity and inclusion, according to research from Regnan.|
|The CEO of CSL's pay jumped by more than a third in the 2020 financial year, but overall pay outcomes for ASX200 CEOs fell to their lowest levels in more than a decade.|
|CEOs, board directors and senior management were not immune to the economic impacts of COVID-19, with the Governance Institute of Australia finding that fewer CEOs received salary increase and bonuses falling as well.|
|A global fund manager is continuing its strategic deepening and widening of sustainable investing through the launch of a new proprietary ESG score and the hiring of its first head of sustainable investing and stewardship.|
|Industry super fund Hostplus has replaced three board members and one alternative director, with one departing director facing a campaign from climate activist group Market Forces.|
|The lawyers that represented Mark McVeigh in his landmark case against REST Super have written a letter to QSuper on behalf of two members who want that fund to strengthen its climate change risk management.|
Assessing the ESG characteristics of mortgage and other asset-backed securities (ABS) are an "essential component" of investing in securitised markets, according to Morgan Stanley Investment Management (MSIM).
Australian CEOs face calls for more ESG reporting and transparency, but admit they struggle to "articulate a compelling ESG story," according to research from KPMG.
Climate-related business and investment decisions are shifting from risk to capturing new opportunities, according to former APRA executive board member Geoff Summerhayes.
A former Statewide Super product and distribution manager and a financial adviser have launched an ethical multi-asset fund for retail, wholesale and institutional investors.
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