Australia’s first national Environmentally Sustainable Procurement Policy

Federal Minister for the Environment and Water Tanya Plibersek recently announced that businesses will soon have the confidence to invest in sustainable products - without the green tape. Australia’s first national Environmentally Sustainable Procurement Policy was launched last week, meaning companies bidding for high-value federal government contracts will have to prove they are sustainable.

This policy establishes, for the first time, a measurement and reporting framework to track environmental outcomes. This is great news for the around the 60 per cent of Australian Government suppliers already collecting sustainability data for their products, and also an opportunity for the 40% still to understand what this means.