Sustainability Report 2005-2006
Department of the Environment and Water Resources, 2007
Economic performance
Introduction
The contribution an organisation makes to sustainable development has financial and economic dimensions, as well as social and environmental aspects.
Financial sustainability often refers to the ability of the organisation to secure the cash and capital resources required to carry out its business.
Economic sustainability has a broader scope; referring to how the organisation is situated within, contributes to, and relies upon, the broader economy.
While it is necessary to include some financial data to make sense of our economic contribution, the focus of this section is on economic sustainability.
For more detailed financial performance information, please see the audited financial statements in the DEH Annual Report for 2005-06.
Performance
In 2005-06, DEH met 5 (71%) of the 7 economic performance improvement goals set. See our economic performance at a glance.
Key aspects of this performance were:
- total revenues from government and the sale of goods and services increased by 15.8% for Outcome 1 (Environment) and decreased by 1.2% for Outcome 2 (Antarctica)
- DEH expenditures increased by $125m or 19% from last year (Outcome 1), while Outcome 2 expenditure increased by 16.8%
- 28% of the 2530 purchase orders raised under Outcome 1 in 2005-06 included the consideration of environmental factors in value for money decision making (for both goods and services procurements)
- 94.3% and 93.7% of invoices for Outcome 1 and 2 were paid on time in 2005-06, bettering the Australian Government’s target of 90%
- the environmental performance of our supply chain was also surveyed.
New goals for 2006-07 include:
- review and enhance the procurement guidelines and instructions (including the Chief Executive Instructions and DEH Procurement Guidelines) to identify any areas for improvement by end of financial year 2006-07
- continue to better the Australian Government’s goal of agencies allocating a minimum of 10% of their domestic air travel to smaller airlines
- assess the extent of environmental purchasing activity and identify opportunities to improve purchasing performance
- continue to track the value of goods and services procured from suppliers responding to the supply chain environmental performance survey.
Indicators
Contents
- Sustainability Report 05-06
- Executive summary
- Vision and strategy
- Our organisation
- Governance
- Policy and influence
- Environmental performance
- Social performance
- Economic performance
- Report assurance statement
- Case studies
- GRI index
Key
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