The 2014 edition of the Guidelines include a new recommendation under Principle 7: Recognize the manage risk. Recommendation 7.4: A listed entity should disclose whether it has any material exposure to economic, environmental and social sustainability risks and, if it does, how it manages those risks. In addition, principle 3: act with ethics and integrity has introduced commentary talking about the role of the company as ‘a good corporate citizen’. It gives examples of what a good corporate citizen is, including addressing human rights, environmental issues, dealing with companies that have integrity etc.
Industry sectors covered by the instrument
Organizations covered by the instrument
Large listed companies
Type of instrument
Code of conduct or guideline
Mandatory or voluntary
The geographical scope