ESG & Sustainability Reporting Guidance
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Sustainability
Sustainability policies and initiatives both in Mongolia and globally have progressed significantly, due to the intensifying impacts from climate change and sustainability-related risks and the growing recognition from investors, regulators and the public about the importance of effectively addressing these risks and impacts. Some of the key developments that drive sustainable business and reporting practices include the adoption of the Sustainable Development Goals (SDGs) and the Paris Agreement by countries around the world.
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Sustainable Procurement Guide
Introduction
The Australian Government is committed to transforming Australia’s waste into a resource, where most goods and services can be continually used, reused, recycled, and reprocessed as part of a circular economy (refer to Figure 1). This requires changes to be made to all stages of the supply chain, from product design to disposal. However, without stable demand, there is little incentive for the investment in innovation or infrastructure needed to effect these changes. Sustainable procurement helps build a circular economy, aiming to reduce adverse social, environmental, and economic impacts of purchased goods and services throughout their life. This includes considerations such as waste disposal and the cost of operations and maintenance over the life of the goods and services. Australian Government officials need to consider these impacts when making procurement decisions in line with our obligation to spend public money efficiently, effectively, economically, and ethically. As a key principle of the National Waste Policy, the Australian Government has committed to considering environmental sustainability when purchasing goods and services. Under Target 4 of the National Waste Policy Action Plan, all levels of government and industry have committed to significantly increasing their use of recycled content. The Australian Government has committed to using its purchasing power to help build demand and markets for products containing recycled content. This can be achieved through embedding sustainability in contracts where there is an opportunity for recycled content (particularly glass, paper, tires, and plastics) to be procured.
Sustainable Procurement Guide
Introduction
The Australian Government is committed to transforming Australia’s waste into a resource, where most goods and services can be continually used, reused, recycled, and reprocessed as part of a circular economy (refer to Figure 1). This requires changes to be made to all stages of the supply chain, from product design to disposal. However, without stable demand, there is little incentive for the investment in innovation or infrastructure needed to effect these changes. Sustainable procurement helps build a circular economy, aiming to reduce adverse social, environmental, and economic impacts of purchased goods and services throughout their life. This includes considerations such as waste disposal and the cost of operations and maintenance over the life of the goods and services. Australian Government officials need to consider these impacts when making procurement decisions in line with our obligation to spend public money efficiently, effectively, economically, and ethically. As a key principle of the National Waste Policy, the Australian Government has committed to considering environmental sustainability when purchasing goods and services. Under Target 4 of the National Waste Policy Action Plan, all levels of government and industry have committed to significantly increasing their use of recycled content. The Australian Government has committed to using its purchasing power to help build demand and markets for products containing recycled content. This can be achieved through embedding sustainability in contracts where there is an opportunity for recycled content (particularly glass, paper, tires, and plastics) to be procured.
Beyond the Limits to Growth New Ideas for Sustainability from Japan
many advanced nations such as Japan are now seeking relief from the demand shortage s they are experiencing in their saturated domestic markets by expanding into developing countries such as China and India.
Beyond the Limits to Growth New Ideas for Sustainability from Japan
many advanced nations such as Japan are now seeking relief from the demand shortage s they are experiencing in their saturated domestic markets by expanding into developing countries such as China and India.
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Sustainability and Competition
Sustainability has been on the agenda of international organisations, states and, increasingly, private businesses for some time. From a competition agency perspective, regulation to achieve sustainability might be the preferred option. Yet, business action might equally affect sustainability and competition and competition laws are crucial considerations for businesses.
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While accelerated economic globalization may have generated additional employment and income worldwide, it has also been one of the drivers of unsustainable production and consumption patterns across the globe.
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