Latest Social Responsibility News

Appen Limited reports a strong financial turnaround in FY24, driven by growth outside Google and a focus on generative AI, while seeking shareholder approval for key governance and remuneration measures.

Xero Limited reported a robust FY25 with 23% revenue growth to NZ$2.1 billion and a 30% rise in net profit, driven by strategic investments in AI and product innovation. Leadership changes and a CEO pay review underscore the company’s global ambitions.

Marvel Gold Limited is deepening its foothold in Tanzania’s underexplored greenstone belt while streamlining its portfolio through Mali asset divestments, setting the stage for a busy 2025 exploration calendar.

QBE Insurance Group reported a robust 31% increase in net profit for 2024, declaring its highest dividend in years and outlining a confident outlook for 2025 amid ongoing global risks.

Civmec Limited reported a steady Q3 FY25 with revenue of A$158.5 million and a strengthened order book now exceeding A$760 million, positioning the company for future growth despite near-term project delays.

Novo Resources reported a reduced net loss of CAD 1.625 million in Q1 2025, progressing exploration with a new aircore drilling program in Western Australia while facing liquidity challenges that cast doubt on its near-term financial sustainability.

Westpac Banking Corporation posted a $3.5 billion net profit for the first half of 2025, maintaining strong capital ratios and advancing its digital transformation and sustainability initiatives despite a slight earnings dip.

Woolworths Group reported a 3.2% rise in total sales to $17.3 billion for Q3 FY2025, driven by strong growth in Australian Food, B2B, and New Zealand segments, alongside a 15.7% surge in eCommerce. However, BIG W’s sales decline and profit outlook challenges temper the overall performance.

Lindian Resources has made significant strides in advancing its Kangankunde Rare Earths Project, securing key construction contracts, initiating site works ahead of schedule, and strengthening its leadership team. The company is also progressing downstream testwork with ANSTO and actively pursuing funding opportunities to underpin development.

Kingsgate Consolidated Ltd delivered a robust March 2025 quarter with a 15% rise in gold production and a 13% reduction in all-in sustaining costs, achieving record margins amid operational and exploration advances.

Farm Pride Foods reports a 15% rise in production following successful repopulation of Avian Influenza-impacted farms, alongside improved cash flow and strategic loan conversion.

Genmin Limited marks a pivotal quarter with the appointment of CEO Andrew Taplin, signing of a key mining convention with Gabon, and a binding MoU with Sinohydro to advance its flagship Baniaka iron ore project.