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Australia is ‘cherry-picking’ sustainability reporting standards

Sally Patten

Former superannuation fund chief David Atkin has warned that Australia is seeking to “cherry-pick” which global sustainability reporting standards it is prepared to adopt, putting it at odds with major economies.

Mr Atkin, now chief executive of the Principles for Responsible Investment (PRI), which represents international investors, said the advocacy group had written to the federal government urging Australia to adopt, in full, reporting standards that will enable shareholders to compare global companies’ progress in meeting sustainability goals.

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Sally Patten edits BOSS, and writes about workplace issues. She was the financial services editor and personal finance editor of the AFR, The Age and the Sydney Morning Herald. She edited business news for The Times of London. Connect with Sally on Twitter. Email Sally at spatten@afr.com

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    Original URL: https://www.afr.com/policy/energy-and-climate/australia-cherry-picking-sustainability-reporting-standards-20240605-p5jje7