ASX is focused on the long-term sustainability of its business. Environment, social and governance (ESG) risks are monitored as part of the Board’s oversight of ASX’s enterprise risk management framework.
ASX aims to build and retain a highly motivated team of professionals with the best available skills and experience.
The Remuneration Committee oversees and receives periodic reports about ASX’s human capital policies and programs. ASX’s Talent and Diversity Council, comprising the CEO and the Group Executive Committee, regularly reviews talent and leadership programs, performance management and reward processes, succession planning outcomes, diversity strategy progress, and staff alignment and engagement results.
ASX an employer of choice
ASX has been awarded an Employer of Choice for Gender Equality citation by the Workplace Gender Equality Agency. This annual award recognises ASX’s commitment to supporting men and women’s equal participation in the workforce.
ASX supports marriage equality
ASX supports diversity in the workforce and recognises the right of all employees to live and work free of prejudice and discrimination. The rights and liberties of individuals are sacrosanct – they are an essential part of a healthy, harmonious and open society. We support the right of all employees to have equal opportunities in life.
ASX's letter of support for marriage equality can be viewed here.
Further details of ASX’s human capital policies, including ASX’s diversity and inclusion policy and performance against its diversity targets, are set out on page 16 of ASX’s 2015 Annual Report. ASX’s remuneration report is set out on pages 26-35 of ASX’s 2015 Annual Report.
Ethics and integrity
ASX’s Code of Conduct and Anti-Bribery and Corruption, Fraud Control and Whistleblower Protection policies promote ethical and responsible decision-making by all directors and employees of the ASX Group. All ASX employees must complete periodic training on ASX policies promoting ethical behaviour, including fraud, Equal Employment Opportunity (EEO), diversity, whistleblowing, conflicts handling and dealing rules.
Further details are set out on page 25 of the corporate governance section of ASX’s 2015 Annual Report.
ASX is a service-based organisation that does not extract physical or natural resources and is not involved in the manufacture or transport of products. The Group’s operations comprise approximately 570 staff, located in a head office, two interstate offices and two data centres. Based on this small environmental footprint, ASX’s environmental risks are not significant.
A cross-divisional Environmental Committee is in place to oversee ASX’s environmental impact-reduction activities. Environmental risks are monitored, assessed and managed as part of ASX’s risk management framework. ASX’s approach to managing these risks includes: measuring the impact of its activities, minimising consumption of materials, recycling and re-using consumables, and supporting awareness of environmental issues.
Environmental indicators and initiatives
(diesel fuel for backup generators)
(electricity, paper, travel, waste)
|Waste, water, energy||Unit||2013||2014||2015|
(electricity, paper, travel, waste)
Assessment of ASX’s ESG practices
Given ASX’S small environmental footprint, it does not set specific ESG targets or participate in all ESG evaluation surveys or indices. ASX is a:
- participant in the Carbon Disclosure Project that provides transparency on ASX’s monitoring and minimisation arrangements for emissions, waste and water usage
- constituent of the FTSE4Good Index Series that is designed to facilitate investment in companies that have met stringent social and environmental criteria
- constituent of the Thomson Reuters/FutureSuper Australia Sustainable Leaders Fossil Free Index.
ASX is aware that its ESG practices have also been assessed by:
- MSCI ESG research
Further details of how ASX manages its environmental footprint are set out on page 17 of ASX’s 2015 Annual Report.
ASX in the Community
ASX assists its employees to become active supporters of worthwhile causes and participate in community programs outside the workplace. This includes providing paid volunteering leave. ASX’s community programs allow employees to support causes and charities of their choice from a broad list of charity partners. ASX matches employee donations to these charity partners, with $205,145 donated to 47 charities in FY15.
ASX ThomsonReuters Charity Foundation
The ASX ThomsonReuters Charity Foundation supports Australia-based children’s and medical research charities by organising fundraising events with participants from financial markets and other industries. Over $1.2 million was raised and distributed to 26 charities in FY15.
ASX has been a supporter of ShareGift Australia since 2007. ShareGift Australia is a not-for profit organisation that allows shareholders to sell parcels of shares free of brokerage costs and donate the proceeds to charity. ASX reimburses all ASX exchange fees on ShareGift Australia transactions. ASX encourages its shareholders to support ShareGift Australia by enclosing a ShareGift Share Sale Donation Form with the final dividend letter from the Chairman. ShareGift Australia has donated over $1 million to 392 charities.
Anzac Centenary Public Fund
ASX is contributing $1 million to the Anzac Centenary Public Fund. The Fund, established by the Australian Government, receives donations to commemorate the centenary of Australia’s involvement in the First World War and a Century of Service. Projects honour and improve understanding of the service and sacrifice of Australia’s servicemen and women, past and present, in defending Australia’s values and freedoms.