Already a subscriber?Companies bidding for millions in federal government contracts will need to meet new sustainability standards, including for the use of recycled content, as part of a phase-in of rules designed to boost Australia’s circular economy.
From July 2025, the rules will be extended to any new contracts for textiles and information technology purchases worth more than $1 million, as well as contracts related to new furniture, fittings and equipment. “Just as many Australians look for recycled content or environmentally friendly products at the supermarket, the Australian government will use our purchasing power to back cleaner, smarter, more environmentally sustainable businesses.
The company provides uniforms for Services Australia. It uses an Australian-invented chemical recycling process, relying on blockchain technology to ensure the security of disused uniforms.“The government can really stimulate the opportunities for future markets,” he said. “Setting clear policy around procurements is one way that the country’s largest procurer sets a tone in the market for businesses like ours at an early stage.