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In the Centre's first episode of In Conversation, Executive Director Wayne Burns is joined by Cathy Bolt, Media and External Affairs Manager Corporate Affairs at Wesfarmers and Peter Habib, Executive Manager, Enterprise Services Communciations Marketing & Corporate Affairs at Commonwealth Bank of...
Corporate America is ready to work with President-elect Joe Biden, on a new round of COVID-19 relief and infrastructure spending. Major business trade groups like the U.S. Chamber of Commerce and Business Roundtable issued statements congratulating Biden while President Trump still refuses to concede. Biden has already vowed to...
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Larry Fink, chief executive of the world's largest asset manager BlackRock has urged the United States to replicate the UK's recent move to make the reporting of corporate risk related to climate change...
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A large Australian superannuation fund has settled a court case with a 25-year-old member who accused the organisation of failing to properly consider the risks climate change poses to investments. The settlement between the Retail Employees Superannuation Trust and the member, requires the fund to ensure its actions are consistent with...
The Investment Association (IA), an investor group which represents 250 members and over £8 trillion in assets is pushing UK regulators to make climate reporting mandatory for 480 FTSE-limited companies. Arguing that investment would suffer as a result of poor climate risk management.
COVID-19 has elevated the significance of social and environmental factors in the long-term. The World Economic Forum highlights that by April 2020, investors poured a record $12.2 billion into ESG funds. Likewise, it has predicted that organisations with adaptive management systems and a corporate commitment to sustainability will emerge as
A group representing investors that collectively manage more than US$47tn in assets has demanded the world’s biggest corporate polluters in an attempt to force the implementation of net-zero strategies.
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Unilever has pledged one billion euros by 2030, to lower the creation of carbon emissions by one-fifth created from the production of its cleaning products. Instead of petrochemicals, the company will now use constituents created from plants and other biological sources. Currently, the company emits about 100 million metric tonnes of carbon...
Another activist shareholder group has pledged to push fossil fuel companies towards action to mitigate climate change. More than 100 investors of Whitehaven Coal have filed a resolution questioning the long-term feasibility of the company’s production of fossil fuels.
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The impact of coronavirus, along with economic, social and political upheaval across the United Sates, is ushering in a new era for corporate social responsibility (CSR). Consumers have long demanded that companies contribute to the greater good of society through their business practices and by leveraging their influence. The recent calls for...