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Showing 1 - 10 of 33 results for "Treasury Wine Estate"

Mercer Super cops landmark $11.3m greenwashing penalty

KARREN VERGARA  |  FRIDAY, 2 AUG 2024
... companies produced alcohol, including Budweiser Brewing Company APAC, Carlsberg AS, Heineken Holding NV, and Treasury Wine Estate. The options also had interest in 19 companies involved in gambling, such as Aristocrat Leisure, Caesar's Entertainment ...

Active Super to face action over greenwashing

RACHEL ALEMBAKIS  |  FRIDAY, 11 AUG 2023
ASIC has filed a suit against Active Super over greenwashing claims, alleging, among other charges, that the super fund was invested in Russian assets after the invasion of Ukraine while purporting otherwise to members. The markets regulator has commenced ...

Mercer embroiled in greenwashing allegations

KARREN VERGARA  |  TUESDAY, 28 FEB 2023
Setting a precedent, the corporate watchdog has taken Mercer Superannuation Australia to court for alleged greenwashing conduct. Mercer marketed the Sustainable Plus options, available in the Mercer Super Trust (MST), as suitable for members who "are ...

S&P launches agribusiness Index

CHLOE WALKER  |  TUESDAY, 31 MAY 2022
Launched in partnership with the ASX, the S&P/ASX Agribusiness Index (ASX: XAG) includes household names such as Treasury Wine Estates, A2 Milk, Nufarm, Elders and Bega Cheese. Much like the above listed, the index comprises companies whose principal ...

Chief executives cop pay cuts

ANNABELLE DICKSON  |  FRIDAY, 7 AUG 2020
Australia's top ranking bosses have endured pay cuts as boards have reined in bonuses ahead of the COVID-19 pandemic according to the Australian Council of Superannuation Investors (ACSI). ACSI's CEO Pay in ASX200 Companies research shows that ...

The sick short: Banking big on the coronavirus

ALLY SELBY  |  WEDNESDAY, 19 FEB 2020
With the coronavirus, now dubbed COVID-19, impacting not only many lives, but now also the bottom line of some of the world's biggest companies, investors are chasing shorting opportunities to bank big on the pandemic. According to the World Health ...

Argo Investments' profit plunges

ALLY SELBY  |  MONDAY, 3 FEB 2020
Listed investment company Argo Investments' profit has taken a dive, falling 24.4% from the previous period. Yet Argo has maintained its half-year dividend at 16 cents per share fully franked. The company announced a half-year profit of $118.8 million ...

Aussie stocks burnt in blaze

ALLY SELBY  |  THURSDAY, 23 JAN 2020
As Australia burns, so too does the bottom line of our listed companies, with real implications for our retail, insurance, agriculture and transport sectors. The Australian economy is also not without risk, with many economists predicting that the bushfire ...

Salaries of the rich and famous

ALLY SELBY  |  FRIDAY, 20 DEC 2019
... Perreault ($11.7 million). Only two other chief executives netted an annual salary more than $10 million; Treasury Wine Estate's Michael Clarke ($11.4 million) and BHP's Andrew Mackenzie ($10.5 million). These figures do not lay out realised pay (inclusive ...

Chief executive bonuses unscathed by public perception

ELIZA BAVIN  |  TUESDAY, 17 SEP 2019
... with a realised pay above $23 million, closely followed by the likes of Macquarie Group's Nicholas Moore and Treasury Wine Estate's Michael Clark. ACSI chief executive Louise Davidson said in a statement: "The way bonuses are being handed out suggests ...
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