'JSE sustainability index head explains evolution of sustainability reporting in SA', 29 Jul 2015: The Johannesburg Stock Exchange [has] announced…that [due to] a new collaboration with global index provider FTSE Russell…its environmental, social and governance (ESG) disclosure indicators [will] align with FTSE Russell's evolved ESG approach. "The new approach will replace our Socially Responsible Investment (SRI) Index. It will give JSE-listed companies the opportunity to follow internationally leading disclosure practices, while also giving investors more opportunities to integrate ESG into investment decisions," said Corli le Roux, JSE Sustainability Head..."South Africa is a very stakeholder driven environment, and companies understand that they must also be accountable to the communities [in which]…they operate…their employees and their global value chains. Integrated reporting and transparency are becoming increasingly important…[S]ustainability managers need to understand financial implications and CFO's need to understand sustainability imperatives. A great deal of convergence is happening at executive level," observe[d] Le Roux…