On 2 November 2023, the Australian Treasury released its much-anticipated Sustainable Finance Strategy Consultation Paper. This follows the commitment by the Australian Treasurer in December 2022 to develop an ‘ambitious and coordinated’ sustainable finance strategy in 2023.

On October 24 2023, at a sold-out summit, over 350 attendees from across finance, business, government, civil society, and academia came together to unpack this year’s theme; ‘driving ambition: Australia’s time to lead’. Read here to learn more.

ASFI is delighted to launch our 2023 Australian Sustainable Finance Progress Tracker. This is our third annual report on progress towards implementing the Australian Sustainable Finance Roadmap.

After two years of iterative development, on 18 September 2023, the Taskforce on Nature-related Financial Disclosures (TNFD) published its final (v1.0) recommendations for nature-related risk management and disclosure. Read our “ASFI explainer” for the final recommendations.

Catch up on ASFI’s latest work and progress.

Last week the Government released its Southeast Asia Economic Strategy to 2040. The strategy identifies opportunities to strengthen Australia’s ties with countries in our region to advance mutual prosperity and security. It sets out 75 recommendations, many of which aim to enable greater levels of Australian investment into the region.

Catch up on ASFI’s latest work and progress.

ASFI welcomes the release yesterday of the Department of Foreign Affairs and Trade’s (DFAT) Development Finance Review which considers how development finance can support Australia’s foreign policy, trade, security and development objectives.

The Australian Sustainable Finance Institute (ASFI) is pleased to have commenced the development phase of the Australian sustainable finance taxonomy with the appointment of the Taxonomy Technical Expert Group (TTEG).

Catch up on ASFI’s latest work and progress.

Catch up on ASFI’s latest work and progress.

Read ASFI’s summary of 2023-2024 Federal Budget outcomes.

Catch up on ASFI’s latest work and upcoming events.

The Australian Sustainable Finance Institute (ASFI) welcomes the Government’s decision to co-fund ASFI to lead the development of an Australian sustainable finance taxonomy. The taxonomy will provide a common standard for 'sustainable’ finance, channelling more capital to support Australia’s climate transition and achieve Australia’s emissions targets.

Today, leading Australian banks and other financial institutions joined with ASFI, the Energy Efficiency Council, and peak property industry bodies to release a Joint Statement urging state, territory and federal governments to act decisively to deliver healthy, comfortable and energy smart homes for Australians.

In December 2022, ASFI released our ‘Australian Framing Paper: Designing Australia’s sustainable finance taxonomy’ as a draft for public consultation. Today, we are proud to share the final paper providing recommendations on the design of an Australian sustainable finance taxonomy, and the roadmap and timeline for its development.

Catch up on ASFI’s latest work and upcoming events.

Read our joint industry statement on the Government’s proposed Safeguard Mechanism reforms.

This submission collectively represents the voice of Chartered Accountants Australia and New Zealand (CA ANZ), CPA Australia, the Australian Sustainable Finance Institute (ASFI) and the Investor Group on Climate Change (IGCC). We consider clear, transparent, comprehensive and comparable disclosure of sustainability-related information to be part of the foundation of a well-functioning global financial system.

Catch up on ASFI’s latest work and upcoming events.