Federal agencies have made 'little progress' in adopting challenging water, energy and waste targets the federal environment department and are a long way from being sustainability leaders, says a report by the Auditor-General released yesterday.
Advisers are preying upon firms trying to grapple with a multiplicity of energy, water and waste schemes, the OSCAR reporting tool has so far failed to streamline procedures and the packaging covenant is under-enforced and too ambitious in scope, the Packaging Council tells the Productivity Commission.
Water purchases could cut profit margins for some power companies; Orica wants to be 'water neutral'; BHP Billiton stands out for high quality water reporting; and data from Rio Tinto is patchy. So says a Citi Investment Research study of the water challenges facing Australia's top companies.