http://www.peopleproductivityplanet.com/2010/02/sustainability-reporting-in-australia/ A forum exploring sustainable business Wed, 22 Dec 2010 09:13:44 +0000 hourly 1 http://wordpress.org/?v=3.1 http://www.peopleproductivityplanet.com/2010/02/sustainability-reporting-in-australia/comment-page-1/#comment-15 GandalftheGreen Tue, 02 Feb 2010 12:25:24 +0000 http://www.peopleproductivityplanet.com/?p=112#comment-15 I think that by and large australian business is not really as engaged in sustainability as it should be. If there were some way that the government could link sustainability to profitability then they would be tripping over themselves to do it. It would need to be done globally so that companies could not simply shift their unsustainable activities to other countries but I think that a "sustainability tax" would be a good incentive for businesses to start making a larger contribution to making our economy sustainable. For example if BHP were to be paying a higher proportion of its profits in tax for the mining part of its business then it might look at getting into the renewable energy sector where it would be more profitable for its shareholders. I think that by and large australian business is not really as engaged in sustainability as it should be. If there were some way that the government could link sustainability to profitability then they would be tripping over themselves to do it. It would need to be done globally so that companies could not simply shift their unsustainable activities to other countries but I think that a “sustainability tax” would be a good incentive for businesses to start making a larger contribution to making our economy sustainable. For example if BHP were to be paying a higher proportion of its profits in tax for the mining part of its business then it might look at getting into the renewable energy sector where it would be more profitable for its shareholders.

]]>