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.
There is still a tendency to indulge in 'trophy cabinet' reporting on sustainability and climate change, despite dramatic improvements in the quality of reporting, says Colonial First State's Amanda McCluskey.
Meanwhile, the Carbon Disclosure Project sets out best practice measures to encourage supply chain reporting of emissions and carbon strategies.
It's Labor's first commitment period – with the Rudd government last night setting out where its climate change and environment cash will be spent over 2008-2012. New Budget climate measures will get $341.6 million in 2008-09 and a total of $2.3 billion over 2007-08 to 2011-12.
Meanwhile, Treasurer Wayne Swan says the review of the tax system – due to report by the end of 2009 – will 'look at the role to be played by environmental taxes'.
CE Daily looks at where the money will go and guides you through the maze of Budget papers.
EPA Victoria trading scheme to start by mid-year (with audio) * NPI releases new fuel tank emissions handbook, Queensland releases stormwater best practice guide * Defence seeks site remediation companies * Petrol vapour project awarded $480,000 federal grant * 'Don't focus on the green consumer' (audio link)