5 June 2023 - ASIC Chair’s AFR ESG Summit speech

ASIC Chair Joe Longo delivered a speech at the AFR environmental, social, and governance (ESG) Summit on 5 June 2023.

Extract

First, change is coming – and it won’t look kindly on those who aren’t prepared.

We have to be asking ourselves what more can be done now to:

  • help strengthen and improve our standards of governance and disclosure in Australia,
  • eliminate and correct greenwashing, and
  • prepare us for the broader evolution of the ESG space.

The second point I’d like to leave you with today, is this: looking to the future can never be an excuse for complacency, inactivity or lowering standards now – and ASIC is here to ensure standards remain high.

Financial Education Professionals acknowledges the Traditional Owners of Country throughout Australia. We pay our respects to Elders past, present and emerging.