Home Governments Series - The Role of Capital Markets
Report, 22 March 2017
This Report identifies popular stock exchanges for extractive companies and provides an overview of different types of reporting requirements for environmental, social and governance issues used by these exchanges. It distinguishes between reporting requirements applicable to all listed companies and those that are specific to extractive companies.
The Report features information about stock exchanges from Australia, Brazil, Canada, China, Hong Kong, Norway, South Africa and the United Kingdom.
About this Report Series
This Report is the fifth in a series reviewing measures that ‘home governments’ (where companies are legally registered) can use to incentivise responsible business conduct of extractive companies operating abroad. ‘Host governments’ (where the company is operating) have the primary responsibility to regulate the activities of businesses operating in their territory. But where such regulation is lacking or not enforced, clear incentives set by their home governments can provide one of the few avenues for prompting responsible business conduct.
The examples provided in this report series can serve as models for policy makers charged with regulating the extractive or other sectors with similar footprints, provide civil society and other stakeholders with information about tools for promoting greater corporate accountability, and stimulate further debate on the efficiency and effectiveness of such measures.
Image: Flickr/Kat Masback