Home | Openly Services |
Transparency Index© Report
The Openly Transparency Index© champions voluntary, visible and accessible disclosures of government interactions by corporations.
Using a weighting system, the Openly Transparency Index© assesses companies on 30+ data points on matters such as disclosures of government contracts, political donations, lobbying, use of confidential information and conflicts of interest.
The first iteration of the Index focuses on the practices of the fifty largest companies on the ASX and will track progress for the ASX50 cohort into the future.
Companies are scored across four key categories:
- Relationship disclosures
- Financial disclosures
- Confidential information
- Policy framework for corporate best practice
ASX50 Index Results October 2024
Disclosures
Disclosures
Information
Last updated: October 2024
Top 3 performers in each category:
- Rio Tinto Ltd
- Telstra Group Ltd
- BHP Group Limited,
Origin Energy Ltd
- Rio Tinto Ltd
- News Corporation
- Newmont Corporation,
Stockland Corporation Ltd,
South32 Ltd
- Wesfarmers Ltd
- Coles Group Ltd
- Sonic Healthcare Ltd,
Computershare Ltd,
Rio Tinto Ltd,
Transurban Group,
Macquarie Group Limited,
Vanguard Australian Shares Index ETF,
Xero Ltd,
Goodman Group,
QBE Insurance Group Ltd,
Stockland Corporation Ltd,
Amcor Plc,
Telstra Group Ltd
- Macquarie Group Limited,
Woolworths Group Ltd - BHP Group Limited,
Woodside Energy Group - Newmont Corporation,
Fortescue Ltd,
Fisher & Pakyel Healthcare Corporation Ltd,
Coles Group Ltd
Key Findings - ASX50 October 2024
The inaugural Openly Transparency Index© shows that the practice of voluntarily, visibly disclosing information related to government interactions is nascent in Australia. This presents an opportunity for your business to lead the way.
Key findings:
- Transparency is still developing in Australia. Most ASX50 companies are at the beginning of their transparency journeys.
- There are clear gaps in transparency practice. No company has reached Openly’s ‘Advanced’ or ‘Leading’ ratings.
- Corporate integrity is gaining importance. Top companies like Rio Tinto, Telstra and BHP are prioritising transparency as key to reputation management, signalling leadership in setting a new integrity standard.
Join us in shaping a future where integrity drives business success.
Subscribe to receive valuable updates from Openly.
