Australian Sustainable Finance Initiative
ASFI plots Australia’s path to zero emissions
The Australian Sustainable Finance Initiative roadmap, published on 24 November, puts forward a plan to align the Australian economy and financial system with outcomes that encourage sustainability, resilience and future prosperity. It sets ambitious targets, including some that stretch beyond federal government goals, and lays out a timeline for achieving them.
Mandatory climate reporting puts business in the hot seat
Long-anticipated mandatory climate reporting for corporate Australia took a step closer to reality in January as the Australian government published its draft legislation for the forthcoming regime. Industry experts speak to KangaNews about what it means for businesses – and who will be ready for the task.
Australian just transition requires financial innovation and social inclusion
Australia has plenty of work to do if it is to align capital and collaboration for a just transition to a sustainable, low-carbon future. Speakers at the Australian Sustainable Finance Institute’s conference in Sydney in October called attention to the financial sector’s role, responsibilities and opportunities to support First Nations Australians and amplify their voices in the wake of the failure of the Indigenous Voice to Parliament referendum.
Taming the energy transition beast
In late 2023, MUFG – facilitated by KangaNews – hosted its inaugural conference in Sydney focused on transition and access to global capital, as part of the MUFG N0W series of regional events. The scale and scope of the energy transition task means it will shape and even define capital markets in the coming years, in all areas and types of finance.
Resilience to the fore in corporate Australia – in funding as in business
The KangaNews-Westpac Institutional Bank Corporate Debt Summit 2023 took place in Sydney in mid-October. A record number of delegates gathered to discuss the present and future of the Australian corporate environment, from the economic outlook and business conditions to the forthcoming impact of generative AI. In the mix was a steady but unspectacular corporate bond issuance environment that belies fundamental growth in domestic credit.
ASFI readies updated track of Australia’s sustainable finance progress
The Australian Sustainable Finance Institute will disclose the latest intelligence from its sustainable finance progress tracker at its annual conference in Sydney on 24 October. Ahead of the update, the institute’s chief executive, Kristy Graham, shares a sneak preview with KangaNews covering some of the primary focus areas and priorities.
