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Showing 11 - 20 of 373 results for "directors"

Dramatic spike in votes against ASX remuneration: Georgeson

RACHEL ALEMBAKIS  |  MONDAY, 12 FEB 2024  |  NEWS
... company gets two strike votes in consecutive years at AGM, shareholders can then vote to spill the board, requiring directors to present themselves for re-election. That has not yet happened in Australia. There is a big uplift in the number of strikes," ...

Australia climbs quickly on climate policy development

ROSE MARY PETRASS  |  MONDAY, 5 FEB 2024  |  NEWS
... the development of these laws, standards and regulations happen at breakneck speed. The materiality and immunity of directors and companies reporting climate-related financial disclosures is also of great concern." Climate-related financial disclosures ...

Senior appointments at ag managers

RACHEL ALEMBAKIS  |  THURSDAY, 25 JAN 2024  |  NEWS
... hired Hugh Killen, as chief executive officer and managing director Australia, who is also remaining on the board of directors. Killen is the outgoing Chairman of London-based global natural capital asset management firm Climate Asset Management, and ...

Treasury publishes climate disclosure legislation

RACHEL ALEMBAKIS  |  MONDAY, 15 JAN 2024  |  NEWS
... disclosures to the market regulators, with remedies limited to "injunctions and declarations." Australian Institute of Company Directors managing director and CEO Mark Rigotti said investors are "searching for higher quality and more fulsome climate ...

Carbon markets heat up

ROSE MARY PETRASS  |  THURSDAY, 11 JAN 2024  |  NEWS
... Avatar, which will run until July this year. "The board has established an independent board committee (IBC) consisting of directors, Ian Leijer and Christopher Mitchell to evaluate and respond to the Offer," CO2 Australia said in a statement. The committee ...

ESG in 2024: key trends and legislative changes for the year ahead

ROSE MARY PETRASS  |  THURSDAY, 28 DEC 2023  |  NEWS
... the Corporations Act, the Australian Securities and Investments Commission (ASIC) imposes personal liability risks for directors. This will make climate-related disclosures a civil penalty provision and limit the application of misleading and deceptive ...

Task Force on Climate-Related Financial Disclosures disbanded

ROSE MARY PETRASS  |  WEDNESDAY, 27 DEC 2023  |  NEWS
... the proposal includes a three-year transitional period during which time only the regulator can take action against directors and reporting entities in relation to forward-looking statements and Scope 3 emissions. Treasury has stated in its consultation ...

ACSI updates voting guidelines

RACHEL ALEMBAKIS  |  THURSDAY, 14 DEC 2023  |  NEWS
... include: Cyber security: Expectations include a need for more understanding of the digital security expertise held by directors and/or the external expertise boards use for advice and assurance. Worker safety : The quality of safety reporting practices ...

Boards not ready for new workplace laws

ROSE MARY PETRASS  |  MONDAY, 11 DEC 2023  |  NEWS
New research finds that most directors are concerned their boards may not be fully prepared to meet new workplace sexual harassment laws when they come into force this week. From 12 December, the Australian Human Rights Commission will enforce the Positive ...

Nature-related risk a potential risk to directors

RACHEL ALEMBAKIS  |  THURSDAY, 16 NOV 2023  |  NEWS
Corporate directors have an obligation to consider nature-related risk in much the same way as other financial risks, according to a new legal opinion. Directors can take steps to identify and manage nature-related risks is the headline conclusion of ...