Following the release of Version 1 of the Australian sustainable finance taxonomy in June 2025, the Australian Taxonomy Steering Committee has been established, formalising ongoing governance arrangements for the taxonomy as it moves further into market implementation.

Taxonomy Governance

On this page

  1. Governance Overview

  2. Steering Committee Members

  3. Governance Documents

  4. Previous Governance Arrangements

The Steering Committee is a response to the Government’s Sustainable Finance Roadmap commitment, to consider options for the long-term governance arrangement for the Australian taxonomy.

Governance Overview

Following the release of Version 1 of the Australian sustainable finance taxonomy in June 2025, the Australian Taxonomy Steering Committee has been established, formalising ongoing governance arrangements for the taxonomy as it moves further into market implementation.

The Steering Committee is a response to the Government’s Sustainable Finance Roadmap commitment, to consider options for the long-term governance arrangement for the Australian taxonomy.

The Australian Taxonomy Steering Committee provides a mechanism for continued coordination between ASFI and Government on matters related to the Australian taxonomy, with the aim to supporting ongoing market uptake, periodic updates, potential future expansion and international engagement.

Steering Committee Members

The Steering Committee is comprised of members from ASFI, Commonwealth Treasury and the Department of Climate Change, Energy, the Environment and Water (DCCEEW), with the Australian Securities and Investments Commission (ASIC) participating as an observer.

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Governance Documents

Governance
during development

The Australian Sustainable Finance Taxonomy was developed through a structured governance process between July 2023 and February 2025, with oversight from ASFI, government, regulatory observers, technical experts and industry representatives.

For more information on the governance arrangements that supported the Taxonomy’s development phase, visit Taxonomy Development Governance and Oversight.