PRI | Australia policy

Australia’s financial sector is increasingly attuned to the urgent sustainability risks threatening the strength and stability of the country’s economy. To keep pace with industry expectations and global developments, Australian policy and regulatory frameworks will need to evolve to meet these challenges.

Comprehensive consideration of systemic sustainability risks will require strengthened corporate disclosure requirements, clarifications of investor fiduciary duties, and better frameworks for effective stewardship. See further details below of PRI’s work supporting stronger sustainable finance policy in Australia.

Key publications

Policy briefing: Australia’s proposed treasury laws amendment bill 2024: Climate-related financial disclosure

2024-11-29T16:10:00+00:00

Policy briefing: Sustainability outcomes workshop

2023-12-01T10:15:00+00:00

Strengthening effective stewardship in Australia: Understanding barriers and opportunities

2023-06-15T06:41:00+01:00

Announcements

Joint statement on Australian climate policy for future prosperity

2025-03-05T19:00:00+00:00

PRI has signed a statement with other stakeholders in Australia to endorse continued bipartisan commitment to the Paris Agreement goals.

Australia responsible investment ecosystem Ways of Working agreement

2024-05-20T10:54:00+01:00

The PRI, the Australian Council of Superannuation Investors (ACSI), the Australian Sustainable Finance Institute (ASFI), the Investor Group on Climate Change (IGCC) and the Responsible Investment Association Australasia (RIAA) has finalised a Ways of Working document that sets out strategic and working level mechanisms for coordination, collaboration and work planning ...

Latest policy engagements

PRI response to second consultation on Australian sustainable investment product labelling

2026-03-13T00:01:00+00:00

Australia: The PRI has responded to the Commonwealth Treasury’s second consultation on a Sustainable Investment Product Labelling regime for financial products marketed as “sustainable” or similar.

PRI response: Proposed amendments to the New Zealand Climate-Related Disclosures (CRD) regime

2025-12-04T15:10:00+00:00

The PRI recognises the need for a more proportionate Climate-Related Disclosures (CRD) Regime for Aotearoa New Zealand. However, our response does not support the proposed amendments as they would significantly limit investors’ access to decision-useful climate data across their portfolios.

PRI response: Commonwealth Treasury consultation on climate-related transition planning guidance

2025-09-24T10:24:00+01:00

The Australian Treasury has released a consultation on a proposed climate-related transition planning guidance, inviting feedback on a draft proposal and design principles.

PRI response to New Zealand XRB consultation on climate reporting

2025-09-23T14:50:00+01:00

The New Zealand External Reporting Board (XRB) consulted on phasing in requirements for companies to disclose and obtain assurance over their Scope 3 greenhouse gas emissions, and to disclose anticipated financial effects of climate risks, by two additional reporting periods.

PRI response to Australian Modern Slavery Act consultation

2025-09-17T02:50:00+01:00

The PRI welcomes the Government’s commitment to updating the framework of the Modern Slavery Act 2018

Further resources

Policy reports
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Consultations and letters
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A Legal Framework for Impact
It is crucial that assessing and accounting for sustainability impact becomes a core part of investment activity. That’s why PRI, UNEP FI and The Generation Foundation are leading our work programme “A Legal Framework for Impact.”