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.’

ARELJ Case Note - Implications of New Provisions in the Human Rights Act Following Waratah Coal Decision

Climate change action is being driven by business and industry

While everyone’s focus in recent months has been on the COVID-19 pandemic, climate change was top of everyone’s mind when the year began with bushfires ravaging Australia. The pandemic has seen individuals and organisations assess their ideologies and perspectives on a range of topics, climate change being one of them. It now seems that climate change is back on everyone’s agenda and none more so than business and industry.

ARELJ - Recent Development - Principles for Exploration and Extraction Rights