Sustainability is much more than just conserving natural resources. It is also taking into consideration the economic and social impact of everything that we do. This three-step approach is called triple bottom line reporting. It indicates the economic, environmental and social performance of the organisation. In this light, Australia is adopting business practices and government policies that will lead to many tangible benefits in the future. By reducing waste, water and energy consumption, businesses and governmental agencies help to preserve the country’s natural beauty that draws millions of tourists each year. These practices increase profitability and are also in line with the values of their employees. Green tourism enables visitors to explore their wonderful surroundings while protecting the environment for future generations.
Australia has ratified the Kyoto Protocol and is committed as a nation to reducing emissions and expanding the use of renewable sources of energy. Governmental agencies utilise an effective environmental management system to increase efficiency and reduce costs. Many private and public sector organizations have chosen to publicly release their environmental record. The Australian government is engaging in sustainable population initiatives as well. These guidelines are designed to ensure that future population and economic changes are compatible with the economic, environmental and social wellbeing of the country. An example is encouraging companies to create new jobs in already existing population density areas to minimize transportation costs and emissions. The challenge is to care for the environment and enhance cultural exploration while developing and managing new products and services with a smaller carbon footprint.