This paper reviews how current corporate and sustainability reporting frameworks address First Nations issues, identifying major gaps in materiality, governance and data sovereignty. It outlines the risks these gaps create for companies and investors, and outlines a potential pathway to improve the quality and consistency of First Nations disclosures in Australia.

ASFI’s annual review of sustainable finance highlights continued progress and clear areas requiring action. The 2025 Progress Tracker shows meaningful progress on core reforms, and highlights the continuing need for financial institutions to deepen the integration of sustainability across governance, culture and performance frameworks.

ACSI, ASFI and RIAA have responded to the ACCC’s consideration of class exemptions to improve business productivity. We recommend the ACCC consider a sustainability-related class exemption, modelled on the UK approach, to provide clear legal certainty for low-risk cooperation that delivers environmental and productivity benefits.

Early market insights from ASFI’s Taxonomy Implementation Program reveal strong demand to expand the Australian Sustainable Finance Taxonomy to include climate adaptation and resilience — a low-cost, high-impact way to unlock private capital for Australia’s transition.

ASFI has lodged its submission to the Department of Industry, Science and Resources on the design of the National Reconstruction Fund’s Net Zero Fund.

The Australian Sustainable Finance Institute (ASFI) has lodged its submission to the Department of Climate Change, Energy, the Environment and Water’s consultation on Implementing Australia’s Strategy for Nature 2024–2030.

Australia’s climate policy framework has evolved rapidly, and is starting to form a system that gives financial institutions the clarity and confidence to back the transition. Our latest paper, How elements of Australia’s climate architecture combine to enable private capital flows for climate mitigation, maps how the key components fit together.

ASFI has responded to Treasury’s Draft Transition Planning Guidance, supporting clear and internationally aligned standards to help businesses develop credible transition plans. Our submission calls for stronger principles, clarity on government direction, use of the Australian taxonomy, funding disclosure, robust First Nations engagement, and clear guardrails on carbon credits.

ASFI’s submission highlights the importance of clear, Paris-aligned guidance for credible transition planning, recommending stronger safeguards on taxonomies and capital expenditure alignment to ensure finance supports genuine decarbonisation.

The Australian Sustainable Finance Taxonomy is the first in the world to cover the mining sector, and now ASFI is once again breaking new ground, after being engaged to explore science-based methods for developing draft taxonomy nature criteria for agriculture, forestry and land management – sectors critical to biodiversity, water, pollution management and national resilience.

ASFI has responded to the Climate Change Authority’s 2025 Issues Paper, emphasising the link between climate change and productivity, the need for strong policy signals to unlock investment in mitigation and adaptation, and the role of supportive regulatory settings. Our submission highlights reforms to drive decarbonisation, resilience, and capital flows towards Australia’s net zero transition.

ASFI has lodged its submission to Treasury’s consultation on Sustainable Investment Product Labels. We support a flexible, credible framework that improves transparency, reduces greenwashing, and aligns with international approaches. The submission sets out three core principles; flexibility, integrity and international alignment, to strengthen consumer trust and grow Australia’s sustainable finance market.

Developed with Farming for Future and informed by collaborative engagement with the NCAG as part of the VNC program, this report shares final insights from the program, highlights key barriers to progress and outlines a proposed way forward to embed natural capital into mainstream financial decision-making.

The Australian sustainable finance taxonomy provides a common language for green and transition finance in Australia, supporting the allocation of capital towards activities that enable Australia’s net zero ambitions.

The Australian Sustainable Finance Institute (ASFI) welcomes the opportunity to comment on the Productivity Commission’s consultation on ‘Investing in cheaper, cleaner energy and the net zero transformation.’

The Australian Sustainable Finance Institute welcomes the opportunity to comment on the Australian Accounting Standards Board’s exposure draft of proposed amendments to the S2 standard.

Last year, ASFI released a pilot Sustainable Finance Capability Framework to help guide finance professionals and organisations to develop the skills, knowledge, and mindsets to advance sustainable finance. We’re pleased to share an updated version of the pilot Framework, incorporating valuable feedback from stakeholders across the sector.

ASFI is pleased to publish our policy platform, outlining our priorities for the 48th Parliament consistent with our mission to realign the financial system for sustainability, resilience and inclusivity.

ASFI is pleased to release a new report from Kaya Partners, Maximising Australia’s green growth: Leveraging trade and aid policy to drive Australia’s green exports agenda, setting out how Australia can work with our trade partners to jointly transition our heavy industries into a net zero world.

The past year has marked a period of significant progress for sustainable finance in Australia. Through collaborative effort and strategic action, we are beginning to see ambition translate into tangible outcomes, laying the foundation for a more sustainable, resilient and inclusive financial system. This Annual Report highlights these successes in 2024, achieved in partnership with our members and partners.