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.

A Legal Framework for Impact AUS: Can Investors Pursue Sustainability Outcomes?

2021-11-24T16:20:00+00:00

Hosted by the PRI, the webinar will present the key findings from the Australian annex of the report “A Legal Framework for Impact”, which was authored by Freshfields Bruckhaus Deringer and commissioned by The Generation Foundation, PRI, and UNEP FI.

Key publications

Fiduciary duty in the 21st century

Fiduciary duty in the 21st century: Australia roadmap

As a step towards implementing Fiduciary duty in the 21st century’s recommendations, the Australia roadmap makes recommendations in four categories: regulatory action, stewardship and intermediation, corporate reporting and investor education.

Further resources