Parliament of Australia:Senate:Committees:Parliamentary Joint Committee on Corporations and Financial Services:Corporate responsibility: Managing risk and creating value


				Search the Senate

<< Return to previous page | Parliamentary Joint Committee on Corporations and Financial Services

Note: This page contains links to PDF files. For more information, see the web page on Accessing files.

Corporate responsibility: Managing risk and creating value

21 June 2006

View the report as a single document - (PDF 1124KB)

View the report as separate downloadable parts:


Introductory Pages	(PDF 173KB)
Members of the Committee Duties of the Committee Terms of Reference

Executive Summary	(PDF 140KB)

Recommendations	(PDF 126KB)

Abbreviations	(PDF 120KB)

Chapter One - Introduction	(PDF 147KB)
Background Conduct of the inquiry Inquiry by the Corporations and Markets Advisory Committee Structure of the report Acknowledgements

Chapter Two - Backgroud	(PDF 238KB)
Definitions and concepts Historical context The role of corporations in society The state of play in Australia

Chapter Three - Drivers and principles of corporate responsibility	(PDF 262KB)
Drivers of corporate responsibility Principles of corporate responsibility

Chapter Four - Directors' duties	(PDF 266KB)
The current legislative framework Impact of the current legislative framework Options for legislative change Conclusions

Chapter Five - Institutional investors	(PDF 234KB)
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

Chapter Six - Sustainability reporting: background and current status	(PDF 329KB)
Benefits and impediments Principles of sustainability reporting Forms of sustainability reports Taxonomy State of sustainability reporting in Australia Overseas developments

Chapter Seven - Sustainability reporting: Current legislative and market requirements	(PDF 272KB)
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

Chapter Eight - Encouraging corporate responsibility	(PDF 304KB)
Institutional investors Business and industry initiatives Initiatives of community and not-for-profit organisations The role of government

Supplementary report by Labour members	(PDF 315KB)
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

Additional remarks by Senator Andrew Murray, Australian Democrats Senator for Western Australia	(PDF 151KB)

Appendix One - Submissions received by committee	(PDF 127KB)

Appendix Two - Public hearings and witnesses	(PDF 104KB)

For further information, contact:

Committee Secretary
Parliamentary Joint Committee on Corporations and Financial Services
Department of the Senate
PO Box 6100
Parliament House
Canberra ACT 2600
Australia

Phone: +61 2 6277 3171

Fax: +61 2 6277 5719

Email: corporations.joint@aph.gov.au

Comments to: web.senate@aph.gov.au
Last reviewed 5 July 2006 by the Senate Web Administrator
© Commonwealth of Australia
Parliament of Australia Web Site Privacy Statement
Images courtesy of AUSPIC