Key industry updates in Asia

In recent months several countries in Asia have announced regulatory changes to support their transition to renewable energy. 

ARELJ Article- Managing water resources in times of fracking: Regulation and reform in Western Australia

Greenwashing is now a global issue

Businesses and governments are now realising that being green is no longer nice to have, it’s an integral part of operations. There are also benefits, perceived and real, to both consumers and business customers to being involved in programs that are environmentally friendly or have an ethical or sustainable edge. This has given rise to a new risk - ‘greenwashing’ - that governments around the world are now grappling with.

Greenwashing refers to misrepresenting a product, policy or purpose as environmental, ethical or sustainable. It applies not only to companies but also non-profits, investors or anyone seeking to represent themselves in that light.

Potential changes to Environmental, Social and Governance reporting

Environmental, Social and Governance (ESG) isn’t new to Australia, but it’s expected to become a more important aspect of business in the coming years. With shareholders and institutional investors paying close attention to business activities with an ESG lens we can expect more focus on this area. A recent example is the HESTA superannuation fund choosing to very publicly vote against the AGL demerger proposal on ESG grounds.

What to expect from the new Australian government?

In May, the Australian Labor Party (ALP) achieved a majority government while the Greens and independents hold the balance of power in the Senate. This signals a new era for Australia, with voters clearly putting climate change high on the agenda for the next three years.

Victoria’s new environmental laws

On July 1, amendments to the Environment Protection Act 2017 (Vic) came into effect that impact most businesses operating in Victoria.

New innovations in mining

Courts bring a new level of accountability to business and government

Recent court cases in Australia and overseas have highlighted a willingness by courts to bring a higher level of accountability to both business and government, particularly when it comes to climate change. 

Trends in the Australian renewables market

In its Australian Renewables Report 2021, MinterEllison looks at trends in the renewable energy market and identifies opportunities for the future.

Final Report of the Independent Review of the Environment Protection and Biodiversity Conservation Act

The Final Report of the Independent Review of the Environment Protection and Biodiversity Conservation Act 1999 (the EPBC Act) has now been released to the public. The report, delivered by Professor Samuel, contains 38 individual recommendations to be implemented over two years.

In a recent media release, the Minister for the Environment, Sussan Ley, said that 'the Government was committed to working through the full detail of the recommendations with stakeholders.’