This report, developed with AICD, is a first-of-its-kind collaboration between investors and directors to understand how culture is overseen, assessed and influenced in ASX listed companies, and understand what information is currently available to investors.
Our research is the foundation for all our work. We produce high quality research on material ESG issues important to our members. This facilitates engagement with companies, policy makers and the broader public discussion.
We engage with companies to positively influence their ESG performance. Our constructive dialogue has successfully delivered improved outcomes for companies, and in turn long-term investors. We also provide proxy voting recommendations for ASX300 companies, helping our members to exercise their voting rights.
We engage with government, regulators and financial services policy advocates to ensure markets are focused on the long term and best serve our members’ interests.
On behalf of our members, ACSI engages with ASX listed companies on a range of issues. We use our collective impact to influence companies and financial markets in the interest of long-term investors
We target companies that have poor diversity on their boards, including the aim of lifting the proportion of women directors
We encourage resolution of corporate governance issues identified by our research program.
Climate change will have a huge impact on companies performance over the long-term, we encourage companies to disclose their climate risks and opportunities.
From workplace safety to addressing modern slavery in supply chains, we are pushing for companies to improve their performance.
The Banking Royal Commission highlighted the damage poor culture can have on a companies license to operate – we advocate to improve corporate culture.
Companies should have gender balance on their board. This means a minimum of 40% women , 40% men and 20% unallocated to allow flexibility for board renewal. We are calling on boards to outline how they intend improve diversity by 2025.
Our voting policy applies scrutiny to companies who are falling behind.
“ACSI’s comprehensive engagement program is a key pillar of State Super’s approach to effective active ownership. The engagement undertaken by ACSI on behalf of its members ensures that companies are managing material ESG issues appropriately and maximising long-term performance.”
Gary Gabriel – Head of Portfolio Management Group, VFMC
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