In a sustainability update released today, ANZ Bank says the emissions intensity of the electricity generation that it directly finances has fallen by 14% since 2014.
Technical problems with innovative N2O treatment technology installed on Orica's nitric acid plants have led to an overshoot of its 2015 carbon target, says the company's new sustainability report.
Orica's greenhouse gas emissions intensity fell in FY2013 thanks to new abatement technology, but a return to uninterrupted production at Kooragang Island eroded the company's water efficiency.
Hardly any major companies have emissions reduction targets that extend beyond 2015, a CDP survey of major Australian and New Zealand businesses has found.
Almost all Westpac's top suppliers have assessed their sustainability performance and many have either made improvements or are taking steps to improve, according to the bank's annual report and sustainability report.