ABC News – As Gunns’ investors ponder the future of chairman, John Gay, the mounting pressure on the company over a 98 per cent fall in profit and opposition to its plans to build a pulp mill in Tasmania’s Tamar Valley highlight the rise of shareholder activism.
Concern about the impact of business on the planet has seen impact investing take-off overseas.
That is when investors put money into funds or projects which solve environmental or social problems as well as generate profit.