In July 2023, the Australian Treasury invited feedback on its second consultation paper on Climate-related Disclosures. ASFI supports the introduction of mandatory climate disclosures for the Australian market. A robust and workable climate disclosures framework will help financial institutions make better decisions, firms understand and manage climate risk and opportunity, and regulators combat greenwashing.

Today, we are pleased to have published our 2023 Mid-Year Report, which reflects on the work and progress we have achieved over the past 6 months and provides an outlook of our priority areas for the remainder of the year.

Find ASFI’s submission to the Climate Change Authority’s consultation on “Setting, tracking and achieving Australia’s emissions reduction targets”.

Read ASFI’s submission to the Nature Repair Market (Consequential Amendments) Bill 2023.

The Australian Sustainable Finance Institute (ASFI) and Chartered Accountants Australia and New Zealand (CA ANZ) welcome the opportunity to provide a joint submission to the TNFD on its fourth and final beta framework.

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

On 23 February, ASFI with the support of the Clean Energy Finance Corporation, Climate-KIC, Energy Efficiency Council, Green Building Council of Australia, and Race for 2030 convened a workshop on Finance for Home Retrofits. Read our report on the workshop outcomes.

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.

This report provides recommendations on the core design elements for an Australian taxonomy. Through a public consultation process that helped inform the report, ASFI found there is broad consensus on the core design elements of an Australian taxonomy, including in relation to credibility; usability; interoperability; and prioritisation and impact. Consultation also revealed strong support for the inclusion of a transition category in an Australian taxonomy.

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.

Read ASFI’s submission on the Australian Government’s Safeguard Mechanism Reform.

The Australian Government is developing a nature repair market to encourage investment in biodiversity and drive environmental improvements across Australia. Read ASFI’s submission to the Bill.

This submission presents the collective views of the 11 professional, industry, investor and research bodies listed below. We consider clear, transparent, comprehensive and comparable disclosure of sustainabilityrelated information to be part of the foundation of a well-functioning financial system and welcome the introduction of mandatory climate-related disclosure requirements in Australia.

Read ASFI’s July 2021 - December 2022 Annual Report.

Read ASFI’s submission on the Australian Government’s Climate-related Disclosures Consultation

Read our submission on the National Reconstruction fund.

This paper provides recommendations on the design of an Australian sustainable finance taxonomy, and the roadmap and timeline for its immediate development. The paper is informed by stakeholder consultation, the Australian economic and environmental context and insights gained through the development of the taxonomy project’s Scoping paper of international taxonomies.

Today, the Australian Sustainable Finance Institute hosted an event with Australia’s Treasurer, the Hon. Dr Jim Chalmers MP, where he announced the Government’s plans to strengthen climate risk reporting and develop a sustainable finance strategy. In a demonstration of the Treasurer and finance sector’s willingness to work together to enable the finance sector to better support the climate, environment and social objectives of Australia, industry participants at the event issued a Joint Statement on Accelerating Sustainable Finance.

ASFI is pleased to have supported research led by the Conexus Institute together with FTSE Russell and the Responsible Investment Association of Australasia into the impact of the Your Future Your Super (YFYS) performance test.