Knowledge Centre:
News Digests

Stay abreast of what’s happening internationally with developments in corporate public affairs. Here is news that you may find useful and interesting:

Shareholders fume over plans to make virtual AGMs permanent ND

Charlotte Grieve, Sydney Morning Herald, October 20, 2020

Shareholders are concerned that plans to make virtual AGMs permanent will help boards avoid scrutiny from investors. In May, the Federal Government passed emergency legislation to allow companies to host online AGMs in order to comply with social distancing rules.

To read more go to The Sydney Morning Herald

Why work-from-anywhere is here to stayND

HBR IdeaCast Podcast, October 20, 2020

Alison Beard is joined by Harvard Business School Associate Professor, Raj Choudhury to discuss how more workplaces are adopting 'working from anywhere' as a business strategy.

To listen go to Harvard Business Review

Make climate risk reports mandatory for 480 FTSE firms, says investor groupND

Kayleena Makortoff, The Guardian, October 19, 2020

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.

To read more go to The Guardian

Focus on social responsibility in the wake of Juukan Caves destruction ND

Bridget Fitzgerald, ABC PM, October 16, 2020

In the wake of Rio Tinto's appearance last Friday before the federal inquiry into the destruction of the Juukan Gorge, experts in corporate responsibility say there needs to be a significant internal restructure.

To listen go to ABC

Why COVID-19 is a litmus test for corporate attitudes to sustainabilityND

Maxim Remchukov & Denis Rozhok, World Economic Forum, October 16, 2020

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 asbetter off.

To read more go to The World Economic Forum

BHP bosses defend company's decision to remain in gas & oil ND

Ben Butler, The Guardian, October 15, 2020

BHP executives have dismissed shareholder criticism after the mining company declared its intention to continue investing in gas and oil for the 'short-term' at its recent AGM. During the AGM, BHP chairman Ken MacKenzie also focused on the fallout from Rio Tinto's decision to destroy the Juukan Gorge caves.

To read more go to The Guardian

AFL call means Rio Tinto has lost 'social licence': Indigenous leaderND

Jake Niall, The Age, October 14, 2020

Rio Tinto's loss of partnership with the AFL shows the mining giant has lost its 'social licence' in Australia, according to Indigenous academic and activist, Professor Marcia Langton.

To read more go to The Age

Investors lead push for Australian business to cut emissions more than government forecastsND

Adam Morton, The Guardian, October 14, 2020

Major investors and super funds are preparing to lead a push for the private sector to cut national greenhouse gas emissions by 2030. The newly formed 'Climate League 2030', a group made up of institutional investors is calling on banks, insurers and companies to sign up to the goal of reducing national emissions at a rate beyond what has been planned by the Morrison Coalition government.

To read more go to The Guardian

Is the social media platform Twitter the new church of the damned?ND

Andrew West, The Religion and Ethics Report, October 14, 2020

In this episode of the Religion and Ethics Report, Guardian columnist Johanna Leggatt speaks of her article in the Australian Book Review explaining how Twitter resembles the worst form of judgmental religion.

To listen go to The Religion and Ethics Report

Starbucks pledges to have 30% of corporate workforce identity as a minority by 2025ND

Amelia Lucas, CNBC, October 14, 2020

Starbucks is starting a mentoring program as part of its plan to become a more inclusive and diverse company. The multinational coffeehouse aims to have 35 per cent of its corporate managers and senior executives represented by people who identify as black, indigenous or from a background of colour, by 2025.

To read more go to CNBC

Corporate America works to drive turnout in a tumultuous election season ND

Fredreka Schouten, CNN, October 13, 2020

When Texas Governor Greg Abbott issued an order capping the number of drop-off locations for ballots to one site, ride share company Lyft quickly stepped up to offer free or discounted rides to help get voters to remaining drop-off sites. Although, Lyft isn't the only company in the United States to get involved with getting people to vote.

To read more go to CNN

In conversation: The CEO momentND

Inside the strategy room, McKinsey & Company, October 12, 2020

In this podcast episode, McKinsey's Sean Brown, Kurt Strovink, Carolyn Dewar and Monica Murarka, explore how as a result of COVID-19, corporate leaders are changing how they do their jobs in ways that may permanently transform.

To listen go to McKinsey & Company

Trolling for truth in social mediaND

Joan Donovan, Scientific American, October 12, 2020

Early forms of the Internet protest movement date back to the 1990s and they share some similarities to today's disinformation tactics.

To read more go to Scientific American

Evolving your media practices ND

GovComms Podcast, October 11, 2020

In this podcast episode, contengroup CEO David Pembroke speaks to Mitch Joel, president of global marketing agency Mirium to discuss how businesses and marketers can capitalize on the interconnection of modern society.

To listen go to GovComm Podcast

Facebook will stop political ads in the U.S. after the polls close on November 3ND

Salvador Rodriguez, , CNBC, 07/10/2020

Facebook has announced that it will stop running political advertisements in the US, after polls close for the 2020 election. The temporary ban is expected to last about one week to stop ads that seek to delegitimize the results of the election.

To read more go to CNBC

McDonald's among food firms urging tougher deforestation rulesND

Roger Harrabin, BBC News, 05/10/2020

Food firms in the UK, including McDonald’s, are urging the Johnson Government to toughen up rules designed to protect rainforests. Ministers across the UK are debating a new law forbidding large companies from using produce that has been sourced from illegally deforested land. McDonald’s has set a deadline of 2030 for removing rainforest-sourced products from its supply chain.

To read more go to BBC

The right formula for managing a socially responsible company? There is none.ND

Steven Pearlstein, The Washington Post, 05/10/2020

In 2019, the US Business Roundtable issued a statement declaring companies need to balance their obligation to serve shareholders with obligations to other stakeholders.

To read more go to The Washington Post

The rise of Big Brother at workND

This Working Life, ABC, 05/10/2020

With more of us working from home, companies are increasingly using time tracking software and surveillance software to check on employees. Employers now have the ability to see what their employees are doing, wherever and whenever. This episode examines how employees are being tracked, and how this is changingworking life.

To listen go to This Working Life

Reality wreck - misinformation and how the truth became a partisan issueND

Checks and Balances Podcast, The Economist, 02/10/2020

With President Donald Trump tweeting he has COVID-19, and in the aftermath of the first Presidential debate, truth has become a partisan issue in some nations. Speaking to MIT's Sinan Aral, and The Economist's, Adam Roberts, this podcast episode asks whether reality can be reclaimed.

To listen go to The Economist

The Trump Covid news broke in the middle of the night. Here's how news organisations handled itND

Laura Hazard Owen, NiemenLab, 02/10/2020

With President Trump showing signs of illness as early as last Wednesday, the timeline of how he could have spread COVID-19 before his announcement is still unclear. News organisations across America were quick to report on the news.

To read more go to NeimenLab

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