Governance

Companies, CEOs, chairs seen as unethical: Governance Institute

RACHEL ALEMBAKIS  |  FRIDAY, 22 JUL 2016  |  NEWS
Australians perceive large corporations, the banking, finance and insurance sector, and politicians at every level of government as unethical, according to a new Ethics Index released by the Governance Institute of Australia.

Stakeholders assess ESG policy priorities for Parliament

RACHEL ALEMBAKIS  |  FRIDAY, 8 JUL 2016  |  NEWS
While Australia waits to see who will form government for the 45th session of Parliament, stakeholders with environmental, social and governance (ESG) focus are turning their attention to their policy objectives for the next term, as well as developing ...

Cbus signs Global Statement on Investor Obligations and Duties

RACHEL ALEMBAKIS  |  FRIDAY, 8 JUL 2016  |  NEWS
Cbus Super has signed the Global Statement on Investor Obligations and Duties, which explicitly links consideration of environmental, social and governance issues to fiduciary responsibility.

ACCR highlights lack of transparency in political donations

RACHEL ALEMBAKIS  |  FRIDAY, 24 JUN 2016  |  NEWS
The Australasian Centre for Corporate Responsibility (ACCR) is planning to lodge resolutions this annual general meeting (AGM) season to push companies for better disclosure of their direct and indirect political donations.

Companies obliged to consider climate change: Minter Ellison

RACHEL ALEMBAKIS  |  FRIDAY, 17 JUN 2016  |  NEWS
Australian corporate boards must have regard to the complex risks and potential opportunities of climate change in their governance and disclosure to minimise scrutiny from regulators and potential litigation, according to Minter Ellison.

Women comprise 42% of 2016 ASX200 board appointments: AICD

RACHEL ALEMBAKIS  |  FRIDAY, 17 JUN 2016  |  NEWS
More than 40% of directors appointed to ASX200 boards thus far in 2016 are women, increasing the overall percentage of women serving as directors on ASX200 companies to 23.6%, according to research from the Australian Institute of Company Directors (AICD).

Disconnects holding back gender diversity: EY report

RACHEL ALEMBAKIS  |  FRIDAY, 10 JUN 2016  |  NEWS
Although gender diversity is a governance issue for corporate boards globally, only 13% of executives from companies around the world expect a significant increase in the number of women in leadership roles in the next five years, according to a new ...

IGCC outlines climate change policy priorities

RACHEL ALEMBAKIS  |  FRIDAY, 3 JUN 2016  |  NEWS
The Investor Group on Climate Change (IGCC) has identified seven climate change policy priorities for the next term of federal government that should be a foundation for managing risk and encouraging investment in low carbon finance opportunities.

Conduct risk a concern for financial services sector: Ausbil

RACHEL ALEMBAKIS  |  FRIDAY, 27 MAY 2016  |  NEWS
Conduct risk in the financial services sector is issue that investors must take into consideration for direct impacts such as fines, but also indirect impacts such as management distraction and staff retention, according to research from Ausbil Investment ...

Research project to explore evidence-based whistleblowing reforms

RACHEL ALEMBAKIS  |  FRIDAY, 6 MAY 2016  |  NEWS
Australia needs "comprehensive, evidence-based law reform" to maximise the benefits of corporate whistleblowing, according to the leaders of a multi-stakeholder research project.