Introducing the methodological design features of the Australian Sustainable Finance Taxonomy
Released at today’s Treasurer Investor Roundtable on the Net Zero Transition, ASFI has published two methodology papers as it takes a further step towards the development of Australia’s sustainable finance taxonomy.
The reports outline the key methodological design features of the Australian sustainable finance taxonomy. These features, which have been endorsed by the Taxonomy Technical Expert Group, form the basis on which the Australian taxonomy’s technical screening and further qualifying criteria will be developed over the next twelve months.
The first methodology report defines “green” and “transition” and how sectors and activities will be assessed as eligible or not for inclusion in the Australian taxonomy under these labels. The second methodology report explains the process for determining the classification of other environmental objectives and social considerations in the taxonomy, and how they will be defined for the purpose of ensuring that green and transition activities that support climate change mitigation do not undermine Australia’s other sustainability goals.
Defining green and transition and determining the eligibility of economic activities
Determining the sustainability objectives and social considerations in the taxonomy
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