Canbury

Launch report

Preparing Australia’s Asset Management Industry for the ASRS Era

Canbury is pleased to release a report analysing the readiness of Australian financial institutions for the recently introduced Australian Sustainability Reporting Standards. The Australian Sustainability Reporting Standards mark a turning point,offering a framework for transparency, and aligning risk, strategy, and long-term value in a changing economy.
This report provides the first comprehensive benchmark of industry preparation, revealing strong governance foundations and clear strategic opportunities as the sector embraces investor-grade climate reporting. It is based on analysis of climate reporting from managers of 70% of Australia’s assets under management. The analysis identifies excellent preparation examples across the sector, while providing Australian-specific guidance for competitive positioning in the ASRS era.

Key insights: Three Key Insights

1- Mid-Sized Institutions Lead: Entities with $50B–$500B in Assets under Management (AUM) show the highest disclosure alignment rates, meeting 34% of requirements on average.

2- Governance First, Data Later: Most entities disclose governance structures and high-level strategy as a first step, but few include targets or emissions data.

3- Asset Owners’ & Managers’ Unique Strengths: Asset owners tend to provide more comprehensive narrative disclosures, whereas asset managers sometimes excel in governance but lag in strategy detail.

Turning ASRS Preparation into Competitive Advantage

For Asset Managers

  • Stand out with investor-grade disclosures by clearly communicating your impact through both qualitative insights and quantitative metrics

  • Enhanced client value propositions through transparent sustainability integration

  • Streamline reporting by aligning systems with ASRS

For Asset Owners

  • Strengthen investment decision-making through comprehensive climate data

  • Demonstrate fiduciary responsibility  through robust sustainability frameworks

  • Position your entity as a leader in Australia’s sustainable finance transformation

Your Strategic Roadmap: Comprehensive ASRS Preparation Guidance

Our full analysis provides actionable insights across all four ASRS pillars:

✅ Governance Excellence – Strengthening board oversight and management accountability frameworks

✅ Strategic Integration – Embedding climate considerations into core business strategy and planning

✅ Risk Management – Developing robust climate risk identification, assessment and management processes

✅ Metrics & Targets – Creating credible, measurable commitments that demonstrate progress and accountability

The report includes specific guidance on disclosure requirements that are both critical for robust reporting and represent the greatest preparation opportunities for Australian institutions.

Join our webinar

Following the release of this report, Canbury are hosting a webinar to talk through the findings, demonstrate a case study of strong climate disclosures, and invite questions and answers about the report.

If you’d like to join this webinar, or get a recording of it, please click the link below to register.

Date: 12 August, 4.30pm AEST

Want to know how ready your organisation is for ASRS?

If you’d like a free AI analysis of how aligned your existing reporting is with the ASRS regulations, contact our Australian based team for an introductory conversation:

Florence Van Dyke

Jackson Rowland

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