One out of three companies either has very basic reporting or none at all. Research from the Australian Council of Superannuation Institutions ( ACSI ) found that 33 % of the top 200 companies still fall within the ACSI 's lowest two categories when it comes to ESG reporting . One out of three companies has either very basic reporting or none at all . As Australia 's $ 2tn superannuation industry continues to grow , super funds are given more power to push for improved disclosure on how their members ' money is spent . The Financial Services Council ( FSC ) and ACSI this week launched a new ESG standard for Australian companies , outlining a framework to disclose the information to shareholders . Since 2000 , the ASX corporate governance principles have required companies to report material exposure to economic , environmental and social sustainability risks and how they are being managed .
Research from the Australian Council of Superannuation Institutions ( ACSI ) found that 33 % of the top 200 companies still fall within the ACSI 's lowest two categories when it comes to ESG reporting . One out of three companies has either very basic reporting or none at all . As Australia 's $ 2tn superannuation industry continues to grow , super funds are given more power to push for improved disclosure on how their members ' money is spent . The Financial Services Council ( FSC ) and ACSI this week launched a new ESG standard for Australian companies , outlining a framework to disclose the information to shareholders . Since 2000 , the ASX corporate governance principles have required companies to report material exposure to economic , environmental and social sustainability risks and how they are being managed .