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Showing 21 - 30 of 373 results for "directors"

ANZ in court over climate and nature risk failure

ROSE MARY PETRASS  |  THURSDAY, 9 NOV 2023  |  NEWS
... being managed." A legal opinion published in October this year by Sebastian Hartford-Davis and Zoe Bush warned that directors who fail to consider biodiversity risks could be found liable for breaching their duty of care and diligence. "This means that ...

Fears grow around greenwashing litigation protections

ROSE MARY PETRASS  |  MONDAY, 6 NOV 2023  |  NEWS
... Sustainability reported in June, the proposal includes a three-year transitional period with regulator-only action against directors and reporting entities in relation to forward-looking statements and Scope 3 emissions possible during this time. Lawyers ...

Two-thirds of boards lack ESG understanding: PwC

ROSE MARY PETRASS  |  TUESDAY, 17 OCT 2023  |  NEWS
... quarter report a robust sense of carbon emissions and even less of their company's climate risk or strategy. Half (51%) of directors say their board is adequately prepared for upcoming mandatory ESG disclosures, up from 25% in 2022. However, 54% of directors ...

Mandatory climate reporting challenges directors: AICD

RACHEL ALEMBAKIS  |  THURSDAY, 5 OCT 2023  |  NEWS
... in Australia, the "biggest change in corporate reporting in a generation," with the Australian Institute of Company Directors (AICD) publishing a guide to assist directors' focus on the task ahead. The AICD guide is designed to support directors ...

HESTA releases 2023 AGM hit list

ROSE MARY PETRASS  |  MONDAY, 25 SEP 2023  |  NEWS
... said the superfund wrote to ASX 300 companies ahead of the AGM season and was having direct conversations with board directors and senior executives on behalf of members. She said these active ownership themes reflect the fund's commitment to responsible ...

MONEYME becomes a B Corp

RACHEL ALEMBAKIS  |  THURSDAY, 7 SEP 2023  |  NEWS
... considering how the market views greenwashing." As part of the process, MONEYME amended its constitution to require that directors must consider ESG stakeholders in business decisions and that the company must generate returns for shareholders while ...

ASX200 skirts Scope 3 disclosures

ROSE MARY PETRASS  |  TUESDAY, 15 AUG 2023  |  NEWS
... climate reports, company websites and ASX announcements. Additional context was drawn from ACSI's ongoing engagement with directors of ASX200 companies. Net zero pledges are increasing - 61% of the ASX200 (121 entities) have publicly committed to net ...

Sustainable finance heavyweight to chair National Reconstruction Fund board

RACHEL ALEMBAKIS  |  WEDNESDAY, 9 AUG 2023  |  NEWS
... of funding initiatives totalling $40 billion by Treasurer Jim Chalmers in the May budget. The board is comprised of directors with specialist knowledge across the priority investment areas, noted Minister for Industry and Science Ed Husic. "With these ...

Asset managers failing on 2050 goals: InfluenceMap

ROSE MARY PETRASS  |  TUESDAY, 1 AUG 2023  |  NEWS
... economy down a less-chaotic path. "That means supporting shareholder proposals to send a market signal, voting against directors when failure is clear, getting your own Net Zero house in order, and planning beyond the next quarter to fully account for ...

Voting on climate crucial during AGM season: Amundi

ROSE MARY PETRASS  |  TUESDAY, 25 JUL 2023  |  NEWS
... executive teams to achieve carbon emissions reduction goals. It also voted against reappointment of 22% (500 out of 2278) directors due to concerns over climate strategies. Caroline Le Meaux, head of ESG research, engagement and voting at Amundi, said ...