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Showing 71 - 80 of 225 results for "vote"

ASX100 ESG underperformers in global manager's crosshairs

RACHEL ALEMBAKIS  |  THURSDAY, 15 APR 2021  |  NEWS
... in a major index, we really want to focus in on your ESG disclosure and performance." SSGA will expand its intentions to vote against reelection of board directors to capture not just laggards but ESG underperformers as well - companies that are not ...

Consultant launches responsible investment index for manager selection

RACHEL ALEMBAKIS  |  MONDAY, 29 MAR 2021  |  NEWS
... alcohol, armaments, etc., but a lot are doing that," she said. "Active ownership is pretty common now - most managers will vote at least at some AGMs now. "The bits like impact and positive screening are still not well integrated, but people are surprised ...

Say on climate a "milestone moment" for ASX companies

RACHEL ALEMBAKIS  |  THURSDAY, 25 MAR 2021  |  NEWS
Four ASX listed companies thus far have committed to putting their climate strategy plans to shareholders to a vote at their 2022 AGMs, the first companies in the world to do so. The "say on climate" resolutions are advisory votes only, but engagement ...

ASX companies under the spotlight for global investor engagement

RACHEL ALEMBAKIS  |  THURSDAY, 25 MAR 2021  |  NEWS
The world's largest fund manager outlined its key engagement priorities for 2021, including board quality and effectiveness, climate and natural capital, and company impacts on people. BlackRock's sustainability engagement priorities are carried out ...

More women on ASX200 boards, but lag in CEO and chair roles: ACSI

RACHEL ALEMBAKIS  |  MONDAY, 8 MAR 2021  |  NEWS
Women now hold more than a third of board seats on the ASX200, but still lag in chair and chief executive roles, according to analysis by the Australian Council of Superannuation Investors (ACSI). ACSI released its research in time for International ...

Rio Tinto commits to climate vote at AGM

RACHEL ALEMBAKIS  |  THURSDAY, 18 FEB 2021  |  NEWS
... Stakeholders including investors and activists have welcomed a decision by Rio Tinto to put its climate reporting to an advisory vote at this year's AGMs. Rio Tinto is the first Australian-listed company to commit to a vote on its Taskforce for Climate-related ...

Using ESG, ethical screens in multi-asset strategy investing

RACHEL ALEMBAKIS  |  THURSDAY, 18 FEB 2021  |  NEWS
... First Sentier argued that shorting can also increase the cost of capital for a company and is "almost akin to a 'no' vote rather than just not voting for something," and works "on the same principle as the theory of divestment," said Palos. Currently ...

BlackRock seeks plans for company transition to net zero

RACHEL ALEMBAKIS  |  WEDNESDAY, 27 JAN 2021  |  NEWS
... reception to BlackRock's investment stewardship engagement. Where companies are not progressing on those risks, BlackRock will vote against management in index portfolio-held shares, and will also consider divestment in discretionary active portfolios ...

Integrating ESG to manage risks of high yield credit

RACHEL ALEMBAKIS  |  MONDAY, 18 JAN 2021  |  NEWS
... used by fund managers to learn additional information on ESG matters. Credit managers, of course, lack the tool of the proxy vote that public equity owners have, but the impact of material ESG information goes into the calculation of spreads, which ultimately ...

SSGA to use proxy vote over ethnic, racial diversity

RACHEL ALEMBAKIS  |  WEDNESDAY, 13 JAN 2021  |  NEWS
... and Taraporevala's letter outlined the further steps the US$3 trillion investment manager will take. In 2021, SSGA will vote against the chair of the nominating and governance committee at companies in the S&P 500 and FTSE 100 that do not disclose ...