Frequently Asked Questions

How does a company secretary assist with ESG reporting?

Environmental, Social, and Governance (ESG) reporting is becoming increasingly important for companies, particularly those listed on the ASX. A company secretary plays a vital role in ensuring ESG disclosures align with regulatory requirements and investor expectations.

They begin by working with management and external advisors to gather data on ESG metrics, such as environmental impact, diversity initiatives, and governance practices. The company secretary ensures this information is accurately presented in the company’s annual report, Corporate Governance Statement, or standalone ESG report.

For ASX-listed companies, ESG reporting must align with the ASX Corporate Governance Principles, particularly Recommendation 7.4, which encourages disclosure of material environmental or social risks. A company secretary ensures these disclosures are clear, compliant, and meaningful to stakeholders.

Outsourcing this responsibility to governance professionals is a practical solution for companies navigating the complexities of ESG reporting. Experts can help establish frameworks, benchmark disclosures against industry standards, and ensure compliance with regulatory updates.

By ensuring accurate and transparent ESG reporting, a company secretary enhances the company’s reputation, supports investor confidence, and aligns the business with sustainable practices. This is crucial for companies aiming to attract ESG-focused investors and demonstrate long-term value creation.