16 July, 2016

Big business is finding being responsible is 'big business'

Investors are becoming more and more concerned
 about where their money is coming from.  
Being seen to be a responsible company has become big business, both financially and reputation-wise.

Last month the Australian Council of Superannuation Investors (ACSI) released a report revealing that 71 cents in every dollar invested in ASX200 stocks goes into companies shown as reporting on ESG [environmental, social and governance] to a "leading standard".

ACSI, whose members include super funds and asset managers that manage a combined $450 billion of 8 million members' retirement savings, has been reporting on environmental, social and corporate governance for nine years.

It is part of a growing push by the public to have greater access to what is going on inside companies.

Read Adele Ferguson’s story in today’s Melbourne Age - “Shades of grey in stand-off over super emissions.”

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