Investors require more corporate ESG disclosure

Companies listed on the Australian Stock Exchange should be disclosing their material environmental, social and governance (ESG) risks, including the future anticipated costs of carbon emissions, a panel of investment and accounting principles said. But only 36 companies on the ASX200 are considered at "best practice" for ESG reporting, according to the Australian Council of Superannuation Investors (ACSI), and investor and accounting experts say companies can improve their public disclosures to the market.

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Read more: integrated reportingACSIASXASX200IIRCmaterialityAustralian Council of Superannuation InvestorsLGSAnn ByrneBill HartnettFinancial Services CouncilGlobal Reporting InitiativeGRIInternational Integrated Reporting CouncilLocal Government SuperResponsible InvestmentRobert Simnett