Three Australian banks are listed in a new global carbon performance leadership index prepared by the prestigious Carbon Disclosure Project, while a regional report due out in November will detail how the ASX200 and NZ50 are faring.
Westpac will 'avoid' transactions that support greenhouse-gas intensive power plants and is 'speaking out' on sustainable business practices, but has fallen short of meeting this year's target for cutting its own greenhouse gas emissions, today's sustainability report reveals.
CE Daily trawls through Carbon Disclosure Project responses, released in New York overnight, and looks at how Australian companies are gearing up for the new climate policy regime. Plus, which companies responded – including Boral, AMP and News Corporation – and which didn't – including Nufarm, St George Bank and Fairfax.