Global, National, and State Drivers
Global, National, and State Drivers
There are significant external forces at multiple levels influencing farm operations today:
At the global level:
- United Nations Conference on Climate Change (UNCCC)
- Conference of Parties (COP) meetings
- The Paris Agreement
- Intergovernmental Panel on Climate Change (IPCC) findings
At the Australian level:
- National targets of 43% emissions reduction by 2030 based on 2005 levels
- Climate-related financial disclosure requirements
- The methane pledge to reduce methane levels by 30% by 2030
- The Nature Repair Bill 2023
At the NSW level:
- State targets of 50% reduction by 2030 and 70% by 2035 based on 2005 levels
- Environmental and Biodiversity Laws, such as the Biodiversity Conservation Act 2016
Industry and Corporate Pressures
Farmers are impacted by pressures from various other stakeholders, such as:
Industry initiatives:
- Australian Agriculture Sustainability Framework
- Red Meat Industry Carbon Neutral 2030 (CN30) target
- Other industry-specific programs
Corporate and supply chain requirements:
- Net zero reduction targets and aspirations
- Climate-Related Financial Disclosure
- Environmental, Social, and Governance (ESG) reporting
- Export requirements
Banking requirements:
- Net zero targets
- Climate-Related Financial Disclosure
- ESG considerations
- Sustainability-linked or green loans
Consumer preferences:
- Changing buying habits
- Global marketplace expectations
- Ethical buying choices
