Search Results

Showing 71 - 80 of 526 results for "shareholder"

Are companies drowning in a sea of ESG requests?

ROSE MARY PETRASS  |  WEDNESDAY, 17 MAY 2023  |  NEWS
... this hole through taxonomy." Escalation or divestment Escalation strategies, such as voting against directors and shareholder proposals, should be used when concerns are not addressed. This should be prioritised ahead of deciding to divest, which is ...

Modern slavery, just transition, tax key themes: Robeco

ROSE MARY PETRASS  |  THURSDAY, 13 APR 2023  |  NEWS
... have a sizable stake before engagement works. That is actually not the case... we're always really a minority shareholder." van der Werf recently flew over from Rotterdam to attend a series of meetings in Australia with government, including the ...

Market Forces asks for ASIC investigation of ANZ

RACHEL ALEMBAKIS  |  WEDNESDAY, 5 APR 2023  |  NEWS
... resolutions. The second was an advisory resolution seeking disclosure on fossil fuel financing. "Market Forces and ANZ shareholder Christine Cook have asked ASIC to investigate whether ANZ directors made a number of misrepresentations about a critical ...

AGL saved from HESTA divestment

ROSE MARY PETRASS  |  WEDNESDAY, 29 MAR 2023  |  NEWS
HESTA, the Australian industry superannuation fund for workers in health and community service sectors, has removed AGL from its list of companies marked for divestment. This comes as Damien Nicks was appointed CEO of AGL in January. The energy company ...

Brookfield consortium to buy Origin Energy for $18.7bn

RACHEL ALEMBAKIS  |  TUESDAY, 28 MAR 2023  |  NEWS
A consortium of investors including Brookfield and MidOcean Energy have committed to buying Origin energy for $18.7 billion. The consortium has entered into a scheme implementation deed with Origin Energy to acquire the company at a price of $8.91 per ...

Activist investor launches Santos campaign

RACHEL ALEMBAKIS  |  THURSDAY, 9 MAR 2023  |  NEWS
... Santos' growth strategy "misguided, reckless and driven by fundamental misalignment between executive incentives and shareholder interests." Snowcap Research, which is an investor in Santos, has issued a letter and a presentation to the Board of ...

Exploding the glass cliff myth

RACHEL ALEMBAKIS  |  TUESDAY, 7 MAR 2023  |  NEWS
Underperforming companies that appoint a woman as CEO are more likely to generate shareholder return, while male appointments are more likely to continue the underperformance, according to research from RealIndex. Realindex noted that CEO appointments ...

FS Sustainability launches final voting round for ESG Power50

RACHEL ALEMBAKIS  |  TUESDAY, 7 MAR 2023  |  NEWS
... owned by Rainmaker Information Pty Ltd. Rainmaker Information Pty Ltd and ISS ESG are both owned by Institutional Shareholder Services.

Push for greater ESG alignment in C-Suite pay

RACHEL ALEMBAKIS  |  THURSDAY, 2 MAR 2023  |  NEWS
ASX-listed companies need to lift their performance in linking executive remuneration to strategic ESG targets, with investors voting against remunerations reports to register their disapproval. Melior Investment Management recently released its 2022 ...

Testing ESG impacts on US pension fund returns

RACHEL ALEMBAKIS  |  THURSDAY, 9 FEB 2023  |  NEWS
... behalf of the plan, "due to concerns with their public statements and record of prioritising ESG initiatives over shareholder return." In August 2022, Florida Governor Ron DeSantis and the trustees of the US$253.1 billion State Board of Administration ...