Environmental, social and governance (ESG) disclosures
Active and ongoing dialogue with shareholders and stakeholders is vital to our materiality and risk assessment activities, helping us stay ahead of developments in the rapidly evolving ESG space.
We update our ESG metrics in our ESG Data Disclosures documents, which align to the Sustainability Accounting Standards Board (SASB) framework and are informed by Global Reporting Initiative (GRI) standards. Annually, we disclose to CDP (formerly the Carbon Disclosure Project) and the S&P Global Corporate Sustainability Assessment (CSA), which is the basis for the S&P Global ESG Score and a key factor for inclusion in the Dow Jones Sustainability Indices. We disclose our climate risk data in line with the Task Force on Climate-related Financial Disclosures (TCFD) recommendations. We also regularly engage with leading ESG rating and ranking organizations to review and improve the accuracy of their data regarding our ESG performance.
We understand and champion the increasing appetite for ESG metrics and transparency. We take a pragmatic approach to our disclosures, focusing on what is material, what is a risk or opportunity, and what makes sense for our business. We look forward to a consistent, industry-wide reporting framework that serves the investor community and reduces reliance on lagging indicators – allowing companies to be more efficient and focused on improving ESG performance.
In FY22 we will introduce SDG-alignment into our financial reporting and amplify ESG in our investor communications – reinforcing the link between our client solutions and sustainable outcomes. This will help quantify how we deliver on our purpose and how our growth contributes to creating a sustainable future, activities consistent with our founding membership in the UNGC CFO Task Force for the SDGs.