Do consumers care about sustainability when choosing a financial provider?

yes, according to a MONEYME survey, 82% of customers are concerned about sustainability, and 72% believe that a consumer credit provider's sustainability efforts are relevant to their decision-making. This shows that even during a cost-of-living crisis, sustainability remains a significant factor for Australian consumers when selecting a financial institution.

What are Australia's new sustainability reporting standards?

the Australian Accounting Standards Board (AASB) has proposed three new reporting standards that require Australian businesses to disclose climate-related financial information. These standards were made possible after the ASIC Act was amended to give the AASB power to develop sustainability standards for financial reporting.

How many ASX-listed companies report climate-related information?

according to recent research by the government, less than half of ASX-listed companies currently report climate-related information in their annual reports. This reveals a significant gap in disclosure rates despite increasing awareness of the importance of sustainability reporting.

MONEYME: Borrowers value sustainability despite cost-of-living crisis