Climate, Data Security Key ESG Issues in Australian AGMs: Jarden

Data protection, progress on climate initiatives, executive remuneration and director elections are crucial ESG issues in investors’ crosshairs during Australia’s annual meeting season, according to Jarden.

• “We see a greater need for investors to question companies’ cybersecurity strength and investment” following the Optus data breach, analysts led by Michaela Jamison wrote in a note
  • Banks, property shares, Woolworths, Wesfarmers, Super Retail, Qantas have strong first-party data, giving them the greatest opportunity for upside on this issue
• Credibility of climate transition plans from firms like AGL will also be monitored, with investors likely to put more scrutiny on companies that fall ...