Editor's Choice
Govt moves timetable on power station closure
Last week the NSW government delayed closure of the Eraring Power Station, back-pedaling on a previous decision to close it next year.
Super funds to solve the housing crisis?
Association of Superannuation Funds of Australia (ASFA) chief executive Mary Delahunty said at the Australian Shareholders' Association Conference yesterday that addressing the supply side of the housing crisis requires an infusion of private capital.
Standards boards unite for global rollout
The International Financial Reporting Standards (IFRS) Foundation is working with the Global Reporting Initiative (GRI) to make their standards more compatible.
The 50 most influential ESG corporate professionals in Australia named
The 50 most influential ESG professionals working at ASX-listed companies have been named by trade publication FS Sustainability in the 2024 ESG Power50 guide.
G4 reporting - make it mandatory
The new G4 Sustaiability Reporting guidelines sound promising. "Better targeted, more concise and more powerful reports."
I am hopeful that this will translate into a greater willingness to participate by Australian (an indeed international) companies.
With mostly depressing news elsewhere about how humans are continuing to trash the planet it is time that we started lobbying the ASX and ASIC to make reporting compulsory.
There is significant evidence that reponsible companies enjoy a greater level of staff retention and that employees feel more motivated to contribute to an organisation that cares about the planet.
The rsultant improved productivity feeds into the bottom line of companies and as observed in many sectors sustainability leaders are well placed to become sector leaders.
I am hopeful that stakeholders (including shareholders) can or will focus on the economic and environmental sustainability of companies they support as the climate change and biodiversity threats continue to grow.
Making G4 reporting mandatory for all listed companies would feed back into government policy and break the nexus between big business lobbyists and government.
Is there support for this?