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Showing 101 - 110 of 737 results for "FOS"

It's time to step up: Climate Council

CHLOE WALKER  |  MONDAY, 23 MAY 2022
In welcoming the change in government, Climate Council's chief executive Amanda McKenzie said that it is in Australia's economic and security interests to prioritise climate action. McKenzie added that Australians deserve a federal government that recognises ...

Tesla axed from the S&P 500 ESG index

ANDREW MCKEAN  |  THURSDAY, 19 MAY 2022
Tesla has been booted from the S&P 500 ESG index due to its low S&P Dow Jones Indices (DJI) ESG score. In an S&P DJI ideology blog, North American head of ESG indices Margaret Dorn said that Tesla had fallen into the bottom 25% of its industry group ...

CEW push for more women leaders

MICHELLE BALTAZAR  |  FRIDAY, 13 MAY 2022
In one of the largest industry events since the pandemic began, more than 1300 guests, including financial services heavyweights, gathered at the International Convention Centre in Sydney this week for the annual Chief Executive Women (CEW) fundraiser. ...

NGS to reduce emissions 35% in three years

RACHEL ALEMBAKIS  |  FRIDAY, 13 MAY 2022
The super fund is aiming to reduce its carbon footprint by 35% by 2025 en route to its 2030 net carbon zero target. "We have set this very aggressive target of 2030 to decarbonise the portfolio, and we are much more confident at this point in time that ...

Commonwealth Bank appoints new chair

ELIZABETH MCARTHUR  |  WEDNESDAY, 27 APR 2022
Commonwealth Bank has appointed a new chair of the board, with Catherine Livingstone departing in August. Livingstone has decided to retire from the CBA board after the finalisation of the financial statements and accounts for this financial year. In ...

Geopolitics to change ESG approach: Survey

ELIZABETH MCARTHUR  |  TUESDAY, 12 APR 2022
A new survey from bfinance has found 39% of investors predict re-evaluation of ESG approach due to recent geopolitical developments. This is according to a snap poll from bfinance of 418 institutional investors from 39 different countries. The results ...

SEC rules against Amazon pension case

ELIZABETH MCARTHUR  |  TUESDAY, 12 APR 2022
The US Securities and Exchange Commission ruled against Amazon's no-action motion to exclude a shareholder resolution asking the company to prepare a report on how employee retirement savings are invested. The shareholder resolution, brought by activist ...

Labor vows to review YFYS test

RACHEL ALEMBAKIS  |  FRIDAY, 8 APR 2022
Appearing at an industry conference yesterday, the shadow minister for financial services and superannuation vowed to review the Your Future, Your Super (YFYS) performance test if elected, citing "unintended and negative consequences" for ESG investing. ...

New head of markets, securities services at HSBC

ELIZABETH MCARTHUR  |  THURSDAY, 7 APR 2022
HSBC has announced the appointment of two executives, a head of markets and securities services for Australia and New Zealand and a head of global banking for Australia. Nick Wheeler has been promoted from within HSBC to head of markets and securities ...

Federal Budget delivers nothing on climate

RACHEL ALEMBAKIS  |  WEDNESDAY, 30 MAR 2022
The 2022 Federal Budget has been labelled a "missed opportunity" or a "massive missed opportunity" on areas including climate and sustainable development. The 2022 Federal Budget, handed down last night, delivered a cash splash for the defence forces ...