Governance

Vanguard to pay $13m in greenwashing case brought by ASIC

JAMIE WILLIAMSON  |  WEDNESDAY, 25 SEP 2024  |  NEWS
Vanguard will pay a $12.9 million fine after being found guilty of greenwashing earlier this year. It marks the largest penalty ever imposed by the Federal Court for such conduct.

Expect audit standards by Christmas

ROSE MARY PETRASS  |  MONDAY, 23 SEP 2024  |  NEWS
Climate reporting is set to become a standard part of accounting as audit standards are due for release in December, with all disclosures checked by the end of the decade.

Watchdog cracks down on climate reporting

ROSE MARY PETRASS  |  MONDAY, 23 SEP 2024  |  NEWS
The corporate regulator warns that companies are not prepared for climate disclosures, and all cohorts must now get serious about tackling this challenge.

Parental leave super narrows gender savings gap

JAMIE WILLIAMSON  |  THURSDAY, 19 SEP 2024  |  NEWS
A new law plugs a gap in superannuation payments for parents, especially women, who take extended career breaks to fulfill their family commitments.

Investors worth $42trn target state leaders at COP29

ROSE MARY PETRASS  |  WEDNESDAY, 18 SEP 2024  |  NEWS
Calls for governments to tackle the climate crisis better are growing, with more than 530 investors, including Aware Super, Cbus, HESTA and REST, bringing the showdown to COP29

Executives urge Canberra to move faster

ROSE MARY PETRASS  |  MONDAY, 16 SEP 2024  |  NEWS
Aussie executives unanimously believe in their companies' ability to grow while reducing greenhouse gas emissions but want Canberra to move faster, according to Deloitte.

HESTA urges ASX300 to heed investor concerns

ROSE MARY PETRASS  |  THURSDAY, 12 SEP 2024  |  NEWS
In a letter sent to the top listed companies in its investment portfolio, the $87 billion super fund has set out its engagement priorities ahead of the upcoming AGM season.

Coalition's super on parental leave changes spark concerns

ANDREW MCKEAN  |  WEDNESDAY, 11 SEP 2024  |  NEWS
The Coalition plans to amend paid parental leave legislation to let parents opt for a one-off cash payment instead of superannuation contributions on government-funded paid parental leave.

Podcast: Responsible investment stewardship towards net zero with Rachel Halpern

THE GREENER WAY  |  TUESDAY, 10 SEP 2024  |  NEWS
Responsible investors are pushing back against so-called 'Tea and Scones Stewardship' and demanding meaningful company engagement.

Clarity on sector pathways sparks investor confidence

ROSE MARY PETRASS  |  MONDAY, 9 SEP 2024  |  NEWS
The Climate Change Authority's (CCA) sectoral pathways guidance finds every sector across the economy needs investment to reach net zero and pull the brakes on runaway climate change.