Corporate responsibility: Managing risk and creating value

21 June 2006

© Commonwealth of Australia 2006
ISBN 0 642 716595

Members of the Committee
Duties of the Committee
Terms of Reference

Background
Conduct of the inquiry
Inquiry by the Corporations and Markets Advisory Committee
Structure of the report
Acknowledgements

Definitions and concepts
Historical context
The role of corporations in society
The state of play in Australia

The current legislative framework
Impact of the current legislative framework
Options for legislative change
Conclusions

Characteristics of institutional investors
Long term investment
Size of institutional investors
Duties of institutional investors
How active have institutional investors been?
Assisting institutional investors
United Nations Principles for Responsible Investment
Conclusions

Benefits and impediments
Principles of sustainability reporting
Forms of sustainability reports
Taxonomy
State of sustainability reporting in Australia
Overseas developments

Statutory requirements for financial reporting
Requirements of the Corporate Governance Council Recommendations
Review of the Corporate Governance Council Recommendations
Other Australian Stock Exchange requirements
Non-financial reporting

Institutional investors
Business and industry initiatives
Initiatives of community and not-for-profit organisations
The role of government

Introduction
Better coordinate government initiatives
Sustainable, responsible government activities
Monitor consideration of legitimate environmental and social impacts by directors and trustees
Support and resource business
Improve business sustainability reporting
Better engage the investment sector
Appendix 1: Summary of Labor members' recommendations
Appendix 2: Labor position on main committee recommendations