Media Releases

Joint research by ACSI and the AICD shows that while an overwhelming majority of directors believe preventing sexual harassment in the workplace is a high priority issue for their boards, most directors are concerned their boards may not be fully prepared to meet new workplace sexual harassment standards.

ACSI has welcomed the Federal Government’s Sustainable Finance Strategy consultation paper and the focus on reforms that will support investors in driving long-term returns. It also includes initiatives that aim to support a more sustainable finance sector in tackling challenges relating to climate change and nature.

The release of the Taskforce on Nature-related Disclosures reporting recommendations will be a strong foundation for Australian listed companies to consider, manage and mitigate the multitude of nature and biodiversity risks they face.

The majority of the ASX200 is ready for mandatory climate reporting, with nearly 70% of the index now reporting against the Taskforce for Climate-related Financial Disclosures framework, according to new ACSI research.

Bonuses for listed company CEOs have retreated from last year’s record high, according to ACSI research. The average realised pay for ASX100 CEOs has also fallen to the lowest level recorded in the past nine years but still represents 55 times average adult earnings.

The Voice provides a framework for better communication between Government and First Nations peoples. We hope it will also support honest, respectful, and truly collaborative relationships between First Nations peoples and business.

The Review’s most significant recommendation is a duty on reporting entities to implement a due diligence system to identify and assess modern slavery risks and track performance in addressing them. ACSI called for a due diligence requirement in its submission to the review, arguing that is should be accompanied by a very clear definition and scope.

The policy could see those companies facing recommendations ‘against’ male director re-elections if women do not occupy a minimum of 30% of board seats. ACSI and its members are also encouraging companies to develop a timeframe within which they will achieve gender balance on their boards.

ACSI welcomes the Federal Government’s announcement establishing a National Net Zero Authority to oversee an orderly transition to a low carbon economy.