ASFI was pleased to release the pilot version of Australia’s first Sustainable Finance Capability Framework in October 2024, demonstrating the key capabilities needed across the sustainable finance workforce to accelerate the transition to a more sustainable, resilient and inclusive Australia.

Australian Sustainable Finance Capability Framework Pilot Version

The pace of the evolution of the regulatory landscape, the need to navigate emerging best practice models, and the emergence of new tools to support our sustainability needs and practices all require cross industry engagement and collaboration. Against this background, upskilling and reskilling are crucial in ensuring that the workforce has the right skills to handle the rapidly changing landscape of sustainable finance, and a deeper skills base will be needed to drive sustainable finance and investment.

This pilot Framework demonstrates key skills required for individuals to perform various roles across sustainable finance in Australia. It is intended as a guide to enable both individuals and organisations to focus their learning and development to increase their sustainable finance expertise. It has been developed through extensive research and broad consultation both domestically and internationally, including consideration of interoperability with relevant international frameworks.

Acknowledging the swift growth of the sustainable finance ecosystem, the pilot version of this Framework will be open for further comments and feedback for the next 6 months. We encourage valuable contributions and feedback to help shape and refine the second version.