Corporate Responsibility

On 1 July 2017, CSL released to all employees its third edition of the Code of Responsible Business Practice (the Code). The Code sets out the rights and obligations of our employees and affirms our commitment to our stakeholders for the highest standard of conduct in all that we do.

In November 2016, CSL published its eighth Corporate Responsibility (CR) Report, detailing our performance across key sustainability topics. Our latest report adopted the Global Reporting Initiative’s (GRI) G4 reporting framework, the leading global framework for sustainability reporting. A full version of the report, including detailed disclosure of our material sustainability topics, is available on CSL’s website, www.csl.com.au/corporate-responsibility.htm.

Also in 2016, following participation in the CDP (formerly the Carbon Disclosure Project), CSL achieved a B for its submission to CDP Water and similarly a C for its climate impacts submission. CDP is a not-for-profit organisation that runs a global disclosure system enabling companies, cities, states and regions to measure and manage their environmental impacts, while providing investors with the most comprehensive environmental data for informed decision making. In both cases, CSL’s 2016 performance was an improvement on the prior year, demonstrating a continued commitment to measuring and assessing our environmental impacts.

Over the financial year, CSL remained a FTSE4Good index constituent. The global index recognises strong environmental, social and governance (ESG) performance that assists investors with investment decisions.

 

Code of Responsible Business Practice

CSL’s third edition Code of Responsible Business Practice was launched on 1 July 2017 and is available in 18 languages.