In the wake of research showing sustainability reporting is rarely done well, two Australian investor organisations have launched new corporate guidelines – and have identified companies that are leading the way.
The Lion group's latest sustainability achievements include new ISO14001 accreditations, installing a cogeneration plant, conducting a company-wide water audit and selling 4.5 million litres of carbon-neutral beer.
The Gillard Government will develop a suite of sustainability indicators and incorporate sustainability impact statements into policy-making processes, last night's Budget reveals.
Santos's annual sustainability report, released today, says the company is appealing against an SA EPA site remediation order issued over contamination at its Port Bonython facility.
OneSteel's first stand-alone sustainability report reports a significant cut in potable water consumption at its Whyalla steelworks – which is South Australia's largest water user – and says projects at its NSW operations allowed it to create and sell energy efficiency certificates worth $600,000 in 2009-10.
Rio Tinto has reduced its greenhouse gas intensity to 3.7% below 2008 levels, largely due to the 2009 sale of an aluminium smelter in China, but had an almost seven-fold rise in environmental penalties and a 50% rise in environmental "incidents", according to its global sustainability review, released today.
Woodside CEO Don Voelte says today's sustainability report is the first to include targets providing 'clear goals' for its workers, but only three relate to environmental matters and none deal with greenhouse gas emissions.