Sustainable finance

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Sustainable finance incorporates climate and environmental considerations into economic and financial decision making. This helps Australia respond to these risks and opportunities.

Sustainable Finance Strategy

In December 2022, the government announced it would develop a Sustainable Finance Strategy.

The strategy supports Australia’s path to net zero. It does this by reducing barriers to investment into sustainable activities.

Developing the Sustainable Finance Strategy

The government consulted on a draft Sustainable Finance Strategy for 4 weeks in 2023.

See the Sustainable Finance Strategy consultation paper

Releasing the Sustainable Finance Roadmap

Reflecting on the feedback received, the government published the Sustainable Finance Roadmap.

The roadmap sets out a vision for sustainable finance reforms and related measures.

See the Sustainable Finance Roadmap

Sustainable finance taxonomy

A sustainable finance taxonomy provides common definitions for sustainable economic activities.

These definitions help improve consistency, reduce greenwashing and support investment decisions across financial markets.

See the sustainable finance taxonomy

Transition planning guidance

The government’s climate‑related transition planning guidance is a voluntary resource. It gives practical support to organisations undertaking transition planning.

See the climate‑related transition planning guidance

Sustainable financial product labelling

The government is developing a framework for sustainable investment product labelling.

Two consultation papers have been released:

  • the first in July 2025
  • the second in February 2026.

The government is reviewing submissions from stakeholders and considering next steps.

See

Related guidance and reporting

Some sustainable finance reforms involve regulatory and reporting requirements for businesses and other entities.

For information on reporting rules, standards and regulator support see the  climate‑related financial reporting and guidance.

Announcements

19 June 2024

Last updated