Market Risk and Sustainability

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Perth wastewater facility to receive $238.5m upgrade

Work has begun on a $238.5 million upgrade to Water Corporation’s Woodman Point Water Resource Recovery Facility in Western Australia. The wastewater treatment plant collects and treats 150 million litres of wastewater daily from around 900,000 homes and businesses in Perth’s southern suburbs. The facility processes up to 78 tonnes of organic matter each day, which is treated to produce biosolids, a valuable resource used as safe, sustainable fertiliser in broadacre agriculture. As part of a three-year Water Corporation project announced by Water Minister Simone McGurk, the facility will be progressively upgraded to treat 120 tonnes daily, keeping pace with […]

Building materials manufacturer transitions to renewable energy

DECO Australia, a manufacturer of timber-look aluminium building products, has announced the completion of its solar panel installation project at its Minto facility in Southwest Sydney. The addition of over 950 solar panels will bring the company’s total solar energy capability to over 500 kW, providing enough energy to power approximately 60% of its operations. Richard Hamber, DECO Australia General Manager, said the company has always been committed to improving its carbon footprint and is thrilled to invest further into its renewable energy program. The additional 400 kW generated by the solar panels will specifically contribute to powering two of […]

Parliament committee seeking submissions on EV transition

The House of Representatives Standing Committee on Climate Change, Energy, Environment and Water has commenced an inquiry into the transition to electric vehicles (EVs). The inquiry has been established to consider the necessary resources, systems and infrastructure for this transition and the impacts of moving away from traditional vehicles. It will also look at fuel saving and affordability opportunities for residents in outer regions, as well as focus on the future of EV battery manufacturing, challenges on electricity consumption and demand, and Australia’s limited EV supply. The inquiry committee is seeking written submissions providing recommendations relating to any or all […]

Impact Labs: Compliance and Beyond

Thesis In today’s rapidly changing world, organizations are increasingly recognizing the importance of sustainability (commonly referred to as environmental, social, and governance (ESG)) factors in their operations. At the same time, they also need to ensure compliance with a cross-regional alphabet soup of regulations driven by governance, risk, and compliance (GRC) protocols. With the advent of AI, Web3, and robotics more of what humans are used to doing manually is being automated. This is where Impact Labs (Impact) comes in. We provide a clear overview of compliance-driven solutions for organizations facing these challenges. In doing so, we give our community […]

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