Sustainability‑related opportunities and risks are changing financial markets, economies and societies. Businesses, investors and policy‑makers are responding quickly in Australia and around the world.
The government is committed to progressing a sustainable finance agenda. Australia’s net zero transformation needs private capital investment. The comprehensive, coordinated and ambitious agenda aims to support investment.
Strategy
The government announced it would pursue the agenda under a new Sustainable Finance Strategy.
The strategy supports Australia’s pathway to net zero. It provides a framework for reducing barriers to investment into sustainable activities.
The government consulted on the Sustainable Finance Strategy paper.
Roadmap
The Sustainable Finance Roadmap describes sustainable finance reforms and measures. It outlines how the government will implement them.
Taxonomy
The sustainable finance taxonomy provides common definitions for sustainable economic activities in Australia.
Transition planning guidance
On 15 August 2025, a consultation paper on the climate-related transition planning guidance was released for public consultation. The government has committed to releasing the final guidance by the end of 2025.
View the climate-related transition planning guidance consultation for further information.
Sustainable financial product labelling
On 18 July 2025, a consultation paper on sustainable investment product labels was released for public consultation. The Government is targeting 2027 for regime commencement subject to final policy decisions.
View the sustainable investment product labels consultation for further information.
Climate-related financial disclosure
The Treasury Laws Amendment (Financial Market Infrastructure and Other Measures) Bill 2024 (Cth) received royal assent on 17 September 2024 and Australia's mandatory climate-related financial disclosure (CRFD) regime commenced on 1 January 2025.
On 31 March 2025, the Australian Securities and Investments Commission (ASIC) released Regulatory Guide 280. This document contains guidance for entities about complying with their sustainability reporting obligations.
The Australian Accounting Standards Board has created an AASB S2 Knowledge Hub, which contains information to assist in preparing climate-related financial disclosures using Australian Sustainability Reporting Standard AASB S2: Climate-related disclosures.
Related content
- Green Bond program
- Media release – New legislation to strengthen financial system and boost investment in cleaner, cheaper energy – 27 March 2024
- Climate‑related financial disclosure: exposure draft legislation
- Climate‑related financial disclosure: Second consultation
- Climate‑related financial disclosure: First consultation
- Auditing and Assurance Standards Board – Consultation Paper on Assurance over Climate and Other Sustainability Information
- Australian Sustainability Reporting Standards – Exposure Draft Consultation ED SR1 Australian Sustainability Reporting Standards