RIAA continues to be a strong champion of the development of the Australian Sustainable Finance Taxonomy, one of the key recommendations of the industry-led Australian Sustainable Finance Roadmap (2020), coordinated through RIAA. The Taxonomy will be a critical piece of the Australian regulatory framework to enable Australia’s sustainable finance sector to grow and make real contributions to achieving Australia’s net-zero ambitions. As such, getting the foundational settings correct is crucial.
RIAA’s submissions were informed by member input as well as through our Working Groups. Recommendations were made to further enhance the Do No Significant Harm and Minimum Social Safeguards frameworks, leveraging existing frameworks such as RIAA toolkits and Dhawura Ngilan Initiative. In addition, RIAA sought further clarification around activities which contribute to lowering emissions versus those activities that may naturally be low-emitting, and on use cases for the Taxonomy.
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RIAA continues to be a strong champion of the development of the Australian Sustainable Finance Taxonomy, one of the key recommendations of the industry-led Australian Sustainable Finance Roadmap (2020), coordinated through RIAA. The Taxonomy will be a critical piece of the Australian regulatory framework to enable Australia’s sustainable finance sector to grow and make real contributions to achieving Australia’s net-zero ambitions. As such, getting the foundational settings correct is crucial.
RIAA’s submissions were informed by member input as well as through our Working Groups. Recommendations were made to further enhance the Do No Significant Harm and Minimum Social Safeguards frameworks, leveraging existing frameworks such as RIAA toolkits and Dhawura Ngilan Initiative. In addition, RIAA sought further clarification around activities which contribute to lowering emissions versus those activities that may naturally be low-emitting, and on use cases for the Taxonomy.
