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https://biodiversitycouncil.org.au/news/the-damage-caused-to-nature-by-australia-s-biggest-200-companies>
"The Biodiversity Council has released a report on the nature impacts generated
by Australia’s 200 largest publicly listed companies (the ASX200).
The report identifies the industries and individual companies with the most
harmful impacts on nature through water use, greenhouse gas emissions, land
clearing, and pollution.
It found that, when considering the direct impacts of company operations,
companies in the utilities, materials, energy, industrials and consumer staples
sectors have the largest impacts on nature.
It identifies the big miners Rio Tinto and BHP, energy giant AGL, and Alcoa,
South32, Fortescue, Newmont, Origin Energy, Mineral Resources, Sandfire,
Qantas, Santos, and Woodside as creating significant harm to nature through
their water use, greenhouse gas emissions, land clearing, and pollution.
The analysis highlights that some ASX200 corporations, such as Coles, appear to
have a lower impact at first glance, but may have a bigger impact than even
mining giants, once total supply chain impacts are considered.
Climate risk reporting is mandatory for large Australian corporations. There is
a growing global push to also require nature risk reporting due to accelerating
biodiversity loss and its threats to health, food production, climate
resilience and economies.
Around half of the Australian economy is highly dependent on nature, including
industries such as fisheries and nature-based tourism.
The new report is the first to identify which individual Australian companies
are likely to come under close scrutiny if mandatory nature risk reporting is
introduced."
Via Clarice Boomshakala.
Cheers,
*** Xanni ***
--
mailto:xanni@xanadu.net Andrew Pam
http://xanadu.com.au/ Chief Scientist, Xanadu
https://glasswings.com.au/ Partner, Glass Wings
https://sericyb.com.au/ Manager, Serious Cybernetics
