The ASX increases focus on sustainability disclosure

The ASX increases focus on sustainability disclosure

The 3rd Edition of the ASX Corporate Governance Principles and Recommendations, released last month by the ASX Corporate Governance Council, formally recognises that economic, environmental and social sustainability issues form a crucial part of the risk landscape for publicly listed companies

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ASX focus on social and environmental risk and disclosure welcomed

ASX focus on social and environmental risk and disclosure welcomed

Changes to the ASX Governance Principles and Recommendations announced today have been welcomed by leading sustainability advisory firm Net Balance.

It has applauded the introduction of Recommendation 7.4 which asks companies to disclose whether it has any material exposure to economic, environmental and social sustainability risks and, if it does, how it manages those risks.

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