Contact: Vessa Playfair
Deloitte
Director of Communications
+61 2 9322 7576

Contact: Craig Mitchell
Deloitte
CR Partner
(02) 9322 7729

Contact: Melinda Loew
Deloitte
Media Relations
(02) 9322 7146

Voluntary Corporate Responsibility (CR) practices and reporting delivers better value for corporates and stakeholders, Deloitte CR partner, Craig Mitchell said.

Mr Mitchell, who represents G100 on the ASX Corporate Governance Council (Council) Review of its Principles of Good Corporate Governance Practice and Best Practice Recommendations, welcomed the Corporations and Markets Advisory Committee (CAMAC) findings.

He said further regulation could reduce accountability and the ultimate value of the reports, with organisations deciding only to meet minimum requirements, rather than stakeholder needs.

“Some leading global financial, mining and manufacturing companies in Australia are already conducting very extensive and insightful CR and non-financial risk reporting,” he said.

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