Breaking new ground as the first country in the world to mandate disclosure of gross global emissions for the entire organisation in its annual report the UK government is pushing ahead with its business sustainability commitments and will, with effect from this autumn, make it obligatory for all UK quoted companies to disclose information regarding their CO2 […]
Read MoreThe NSW Court of Appeal has overturned the decision of the NSW Supreme Court in respect of seven directors who had received bans on serving as directors. The Supreme Court had found that they had breached their duties to the company (James Hardie) in 2001 over a misleading media release about asbestos compensation. The Court […]
Read MoreInvestors engaging with North American companies on climate change financial risks achieved major breakthroughs in the 2009 proxy season according to a recent report by environmental think-tank, CERES. A record 68 climate-related shareholder resolutions were filed by investors this year. Of the 68 resolutions filed, a record 31 resulted in company agreements and withdrawal of […]
Read MoreThe New South Wales Supreme Court has imposed bans and penalties on former directors and officers of James Hardie following the ruling in April 2009 by Justice Ian Gzell that the ten had breached their duties to the company in 2001 over a misleading media release about asbestos compensation. Some of the former executives are […]
Read MoreAustralia’s Business Day has reported that The Australian Securities and Investments Commission (‘ASIC’) wants seven former non-executive directors and three former executives at James Hardie banned from company directorships for at least five years each and fined a total of $2.8 million to $3.4 million. Justice Ian Gzell began hearing submissions on exoneration, penalties and […]
Read MoreIt’s an old saying with a grain of truth, if you want something done, ask a busy person. Which is exactly what 50 + major investment professionals have done by joining the Social Investment Forum’s request to the SEC for improved ESG reporting from US-listed companies. The Social Investment Forum (SIF) and its co-signatories have […]
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