30 June 2011

Triple bottom line accounting up for discussion

| johnboy
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The Greens are celebrating the release of a discussion paper titled: Triple Bottom Line Assessment For The ACT Government.

“The ACT Greens have been pushing for this since Kerrie Tucker raised the issue in the Legislative Assembly more than ten years ago,” Greens Treasury spokesperson, Meredith Hunter MLA, said today.

“The Greens were able to commit the Government to progressing TBL through the Labor-Greens Parliamentary Agreement.

“Previous Treasurer, Ted Quinlan took up TBL in 2004, calling for submissions on the idea. However, this process was lost, and it has taken the Labor Government 7 years to develop a framework.

The TBL framework will be used for major policy proposals on the Cabinet agenda from tomorrow until a model is finalised in December.

“We would like to see this continue through the budgeting process for the 2012/13 budget, as this is where a lens to balance social, environmental and economic priorities is most vital to Government decision making.

“The TBL framework will also include a climate change impact analysis and a poverty impact analysis, which are key measures as we strive for the ACT’s 40% greenhouse gas reduction target while socially just Canberra,” Ms Hunter said.

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Profit, Profit, and Profit has been the only focus to too many for too long. This Triple Bottom Line assessment now sounds like the ACT Government is getting on the right path.

Society, our Environment, and the Economy are all essential, and so all 3 should be a factors in the equation of government policy. If any 1 of the 3 collapsed we would be in trouble.

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