Archive

  • Natural gas is flashpoint in Australian taxonomy consultation

    09 September 2024

    Disagreements over whether gas should be included in Australia's taxonomy of sustainable finance activities have been exposed by responses to a consultation.

  • Feedback sought on first draft of Australian taxonomy

    28 May 2024

    The Australian Sustainable Finance Institute (ASFI) has opened a public consultation on the first draft of its proposed taxonomy, including its headline ambitions and first three priority areas.

  • Australian government wins investor group praise for climate funding

    15 May 2024

    Investor groups have welcomed a AUD22.7 billion ($15.1 billion) funding package the Australian government has pledged to support the transition to net zero, development of sustainability fund labels and tackling 'greenwashing'.

  • AUD80trn investors back 'essential' Australian climate reporting bill

    23 April 2024
  • 'More rigorous' standards see biennial review register big drop in sustainable assets

    29 November 2023

    A big drop in the total assets judged as 'sustainable' globally has been reported in the latest in a series of biennial reviews, with tightened criteria in response to a "rise in greenwashing and greenhushing".

  • Australia plans sovereign green bond and taxonomy financing

    21 April 2023

    The Australian government has announced it plans to issue a debut sovereign green bond and will co-fund the development of a sustainable finance taxonomy...

  • Australian regulator launches anti-greenwashing fund guidance

    14 June 2022

    The Australian Securities and Investments Commission (ASIC) has launched guidance for sustainability-related products to combat what it called the "growing risk of greenwashing".

  • Australian 'responsible investment' grows while rest of market shrinks

    01 September 2021

    Investments labelled as 'responsible' grew by AUD298 billion ($291 billion) between 2019 and 2020 while the rest of the market shrunk...

  • EU investments classed 'sustainable' fall $1.8trn in wake of action plan

    19 July 2021
  • Australian impact investments set to grow five-fold by 2025 - RIAA

    01 June 2020

    Exponential growth in Australian investments targeting positive social and environmental impact as well as financial returns could propel the overall size of the market to more than AUD100 billion ($67.3 billion) by 2025, according to the Responsible Investment Association Australasia (RIAA).