Environmental, social and governance (ESG)
Queensland's resources industry has always operated within systems and laws that are designed to recognise our state’s unique natural qualities, heritage, communities and the needs of industries. As a result, our resources industry has a strong economic and community legacy.
The Queensland Government's robust regulatory frameworks provide a solid foundation for resources companies to establish strong corporate and social governance practices, which can be used to demonstrate their own environmental, social and governance (ESG) credentials.
As intelligence of our world improves and global expectations increase, so does our response. Australia and Queensland continue to review laws, find efficiencies, improve the integrity of partnerships between all stakeholders, and investigate better ways to find, mine, repurpose and re-use our critical minerals.
Our past actions and future commitments ensure resource companies and investors can confidently mitigate their investment risks and know that opportunities are abundant.
How we strengthen our ESG foundations
Environmental
- Legislated renewable energy and emission reduction targets.
Social
- Ensuring strong and genuine First Nations partnerships.
- Protecting the current workforce and building a safe and resilient future workforce.
- Fostering coexistence and sustainable communities.
Governance
- Improving regulatory efficiency.
- Growing and diversifying the resources industry.
In each area, we prioritise a place-based approach for critical minerals project development.
Green price premium
A real world example of how we are strengthening our ESG foundations in by decarbonsing the state's electricity system. Our legislated renewable energy target and investment in infrastructure means that projects connected to Queensland's energy grid will be ready to demand a green price premium, at no cost to the operator.
Our commitments to building ESG excellence
Queensland Resources Industry Development Plan
The plan outlines the Queensland Government’s vision of a resilient, responsible and sustainable Queensland resources industry that grows as it transforms. The Queensland Government is committed to creating a bold ESG brand for our resources industry that maximises the inherent strength of how we do business.
Four QRDIP actions will ensure Queensland's resources industry is environmentally sustainable, socially responsible and well regulated over the next 30 years.
Queensland Sustainability Report
The report outlines the Queensland Government’s approach to managing sustainability risks and opportunities, including the governance structures that underpin how we oversee and implement policy. It describes our major commitments and policies and how we measure, monitor and manage sustainability risks and opportunities.
Queensland Energy and Jobs Plan
The plan outlines the Queensland Government’s commitments to renewable energy and emissions targets and how we will achieve them.
- Last updated
- 21 June 2024
- Last reviewed
- 20 June 2024