By Dominic Jones | Published: October 12, 2006 | print Printer version | Comment |

News Digest for October 12, 2006

There are 6 items … Investors urge more company action on warming | CEO Pay is Too High, Directors Say | Allegiance and Thomson Financial Partner on Ethics Hotline | Chartered Secretaries Australia Wants Clearer Unsolicited Offer Disclosure | A Deeper Look: How Contested Elections are Inspected | New IR Association Launched in Singapore

Investors Urge More Company Action on Warming
A Global Framework for Climate Risk Disclosure by the 14 groups said companies need to provide an overview of past, present and future greenhouse gas emissions.

CEO Pay is Too High, Directors Say
Nearly 40 percent of directors believe that pay of chief executive officers is “too high in most cases,” according to a new survey.

Allegiance and Thomson Financial Partner on Ethics Hotline
Once information is captured via the Web or on the phone, it is categorized and then routed to the appropriate manager or board member responsible, and if necessary, for responding in a timely and appropriate manner. The Web-based system can be managed from a single location and accessed from virtually any computer with Internet access. The phone hotline is available worldwide, 24 hours a day, seven days a week and is capable of handling more than 150 languages.

Chartered Secretaries Australia Wants Clearer Unsolicited Offer Disclosure
CSA is calling for the federal government to amend the Corporations Act to include provisions that force unsolicited offers to contain clearer disclosure of their payment and tax implications.

A Deeper Look: How Contested Elections are Inspected
The entire process is time consuming and tedious. Also, speed is the not the major concern- accuracy and the integrity of the voting results are. Shareholders and advocates should take comfort in the time and diligence that is put into the tally and getting it right so the holders votes are what carry day.

New IR Association Launched in Singapore
It’s called the Investor Relations Professionals Association and has an initial 16 chartered members.

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