Current topic: The inglorious existence of s 299(l)(f) - Is this the end of mandatory environmental reporting?

Environmental and Planning Law Journal

Volumn 17, Issue 2, 2000, Pages 81-88

  Baird, Rachel ^a  

^a UNIVERSITY OF MELBOURNE   (Australia)

Author keywords

[No Author keywords available]

Indexed keywords

EID: 23944491499     PISSN: 0813300X     EISSN: None     Source Type: Journal    
DOI: None     Document Type: Article

References (43)

1. The section applies to public companies, both listed and unlisted and to large proprietary companies, that is, companies which have a least two of the following qualifying features: more than 50 employees, a gross revenue of $10 million and gross assets of $5 million. Some small proprietary companies may be included if directed by ASIC or shareholders to comply with Div 1 or Pt 2m.3.
2. Democrat Senator Andrew Murray moved Amendment 37 on the evening of 24 June 1998 during the Senate's consideration of the Company Law Review Bill 1997.
3. A selection of the written commentary includes: E Bergin, "Disclosure of Compliance with Environmental Obligations in the Company Law Review Act: A Case Study:, Australian Environmental Law News, Vol 3/4 1998 at 14
4. R Baird et al, New Obligations on Directors to Report Environmental Performance Accounting and ASIC Compliance May 1999 at 6
5. C Deegan, "Mandatory Public Environmental Reporting in Australia: Here Today, Gone Tomorrow?" Environmental and Planning Law Journal, Vol 16, No 6 at 473 and finally a media release by the AIG, "Environmental disclosure-your questions answered", The Business Law Update, August 11 1999 at 4.
6. Environmental Protection Authority v Caltex Refining Company Pty Ltd (1993) 118 ALR 392.
7. "Industry Guide to Regulation Changes", AIG media release, Australian Environment Review Vol 14, No 6, June 1999 at 11.
8. For example, trade practices legislation penalties.
9. ASIC comment below under: Compliance.
10. ASIC comment below under: Compliance.
11. A copy of the Senate Committee report can be obtained at the Australian Parliament House website at www. aph.gov.au/senate/committee/corp_sec_ctte/index.htm
12. A copy of the Senate Committee report can be obtained at the Australian Parliament House website at www. aph.gov.au/senate/committee/corp_sec_ctte/index.htm
13. A copy of the Senate Committee report can be obtained at the Australian Parliament House website at www. aph.gov.au/senate/committee/corp_sec_ctte/index.htm
14. A copy of the Senate Committee report can be obtained at the Australian Parliament House website at www. aph.gov.au/senate/committee/corp_sec_ctte/index.htm
15. Labor Members and Senators Minority Report, October 1999. Labor made that statement: "Despite predictions in many submissions that the clause was unworkable, industry and regulators, in consultation with stakeholders, have been able to reach a degree of consensus on compliance with this measure". There is no elaboration on what this degree on consensus is.
16. Minority Report on Matters Arising from the Company Law Review Act 1998, Australian Democrats, October 1999.
17. A copy of the Senate Committee report can be obtained at the Australian Parliament House website at www. aph.gov.au/senate/committee/corp_sec_ctte/index.htm
18. A selection of the written commentary includes: E Bergin, "Disclosure of Compliance with Environmental Obligations in the Company Law Review Act: A Case Study:, Australian Environmental Law News, Vol 3/4 1998 at 14
19. The Age, 22 October 1999, Business Law Section, p 4.
20. A1C Worldwide Conference, Corporate Environmental Reporting 29-30 September 1999, Avillion Hotel, Sydney.
21. R Baird et al, New Obligations on Directors to Report Environmental Performance Accounting and ASIC Compliance May 1999 at 6
22. A selection of the written commentary includes: E Bergin, "Disclosure of Compliance with Environmental Obligations in the Company Law Review Act: A Case Study:, Australian Environmental Law News, Vol 3/4 1998 at 14
23. R Baird et al, New Obligations on Directors to Report Environmental Performance Accounting and ASIC Compliance May 1999 at 6
24. Australian Business Chamber submission.
25. The then Victorian Minister for Fair Trading, Ms Jan Wade MP.
26. for example Boraľs 1999 Annual Report or North Limited's 1999 Concise Annual Report.
27. T Jeyaretnam, Australian Environmental Reporting-Our Global Position, paper presented at AIC Worldwide Conference.
28. R Baird et al, New Obligations on Directors to Report Environmental Performance Accounting and ASIC Compliance May 1999 at 6
29. KPMG International Survey of Environmental Reporting 1999.
30. A selection of the written commentary includes: E Bergin, "Disclosure of Compliance with Environmental Obligations in the Company Law Review Act: A Case Study:, Australian Environmental Law News, Vol 3/4 1998 at 14
31. This information was obtained with the assistance of the ARA.
32. R Baird et al, New Obligations on Directors to Report Environmental Performance Accounting and ASIC Compliance May 1999 at 6
33. The Code is classed a "living document" and was reviewed in the latter part of 1999, another review being scheduled for no later than 2004.
34. Australian Minerals Industry Code for Environmental Management, Interim Guidance Note for Environmental Reporting, August 1998.
35. A selection of the written commentary includes: E Bergin, "Disclosure of Compliance with Environmental Obligations in the Company Law Review Act: A Case Study:, Australian Environmental Law News, Vol 3/4 1998 at 14
36. The Snowy Mountains Engineering Corporation (SMEC) and the AIG were commissioned by Environment Australia to draft the voluntary framework. A number of workshops were conducted throughout the latter half of 1999. A final draft was released by the Environment Minister in March 2000.
37. These drivers are discussed at pp 4 and 5 of the draft Framework for Voluntary Environmental Reporting. Note this draft dated 24/4/99.
38. Michael Rae (WWF) presenting at National Environmental Law Association (Vic) Seminar on Corporate Environmental Report, Melbourne, 16 March 2000.
39. This was the explanation provided at one of the workshops conducted in October 1999 by SMEC and AIG.
40. This concept of triple bottom line reporting is attributable to author John Elkington.
41. Information about the index can be obtained from the DJSGI website at www. sustainability-index.com.
42. This information is for the period 31/12/93 to 30/6/99.
43. R Baird et al, New Obligations on Directors to Report Environmental Performance Accounting and ASIC Compliance May 1999 at 6