AGL was included in the list of companies that ACSI considers to have reported to the highest level for five or more consecutive years. Defined as ‘leading’ by ACSI, these companies “ensure their reporting on sustainability risks prioritises the needs of shareholders by addressing a range of material risks, linking to corporate strategy and providing data on performance against risks’.
According to ACSI, 71 cents in every dollar invested in the ASX200 is now invested in companies shown as reporting on ESG to a ‘leading’ standard.
ACSI’s research found:
- 90% of ASX200 companies provided some level of reporting on sustainability in their 2015 disclosures (up from 87% last year)
- Around 30% of the total ASX200 were rated in the lowest two categories ‘Basic’ or ‘No Reporting’ (down from 33%), which falls short of what ACSI considers to be an acceptable reporting standard.
- The number of “No Reporting” companies in the ASX200 fell from 26 in 2015 to nine in 2016. For the first time, there are zero “No Reporting” companies in the ASX100.