Sydney Water, with 9 assets earmarked against the 4 Sustainable Bond Programme (SBP) issuances to date, is a great example of how the SBP faciliates the transition to a low carbon economy. In particular, the SBP supports Sydney Water in contributing to climate change mitigation, by funding projects and assets that promote the use of renewable energy, energy efficiency, pollution prevention and control, sustainable stormwater management and circular economy adapted production technologies that recover resources from waste streams.
SEED is an open-source central platform for Sharing and Enabling Environmental Data in NSW, developed through a collaborative effort between government agencies. It brings together applications including powerful search, visualisation, interactive mapping and content management tools. It delivers a unique and seamless user experience to view and analyse environmental data.
The NSW government has committed from the 2024-25 financial year to disclosing climate-related risks and opportunities impacting NSW government agencies, businesses and universities, and their approach to managing the impacts of these matters. In 2022, three NSW entities completed pilot organisation-level disclosures, using the NSW Climate Risk Ready Guide and in alignment the widely adopted Taskforce on Climate-related Financial Disclosures (TCFD) framework. These early adopters (Environment Protection Authority, National Parks and Wildlife Services and Essential Energy) were among the first public sector disclosure examples in Australia and internationally.
Climate related reporting demonstrates transparency and accountability over an entity’s exposure to and management of climate related risks, and provides credible information for investors, policy makers and the community to support decision making. Through leading by example, NSW government’s delivery of disclosures will provide greater transparency on how the government is managing climate related risks and opportunities, attract investment and capital flows to support government climate-related objectives, and drive the actions on climate change and related accountability across the NSW public sector.