Sustainable Finance Disclosures
Last updated: 5 December 2025
Status:
Drafting of Training Package Products
Commencement date:
September 2025
Anticipated Completion Date:
March 2027
Overview
This project will ensure the FNS Training Package, used by over 71,000 learners in 2023, is updated to comply with new financial sustainability reporting legislation.
Working in partnership with industry, this project will develop up to 30 new units of competency (UoCs) which will form one or more skill sets and be placed into existing qualifications as electives.
Outcomes:
New UoCs which include knowledge and skills to enable businesses to comply with the new financial sustainability reporting legislation.
For any questions related to this project, contact [email protected]
Background Information
By 2027, large and medium-sized Australian businesses must report climate risks and impacts, in line with new government rules –ASIC media release September 2024. These new reporting requirements will impact finance roles, requiring new knowledge and skills to enable affected businesses to comply with the legislation.
Improving climate disclosures will support regulators in assessing and managing systemic risks to the financial system because of climate change and efforts taken to mitigate its effects. The new requirements will impact finance roles, necessitating an uplift for skills related to disclosures, reporting, data analysis, compliance, and transition planning. There are no current units of competency that cover this content.
Impact
On completion of this project, the new compliant training products will:
- Enable training providers to deliver in-demand skills for learners to prepare mandatory climate-related financial disclosures.
- Equip businesses with the skills to prepare mandatory climate-related financial disclosures with accuracy and confidence, helping businesses minimise the risk of non-compliance.
Initial Public and Government Consultation
Initial Public and Government Consultation will commence in April 2026. See details on the consultation tab above.
Commencing: April 2026
Closing: May 2026
Timeline
Project Commencement
September 2025
Establish Technical Committee
November 2025
Scoping
November 2025
Drafting of Training Package Products
November 2025
Technical Committee approval of draft Training Package Products
March 2026
Initial Public and Government Consultation
April 2026
Incorporating Feedback
May 2026
Public and Government Consultation round 2 (if required)
June 2026
Incorporating Feedback (if required)
July 2026
Senior Official Check
September 2026
Finalisation and submission to the Assurance Body
November 2026
Assurance Body Consideration
January 2027
Skills Minister’s Endorsement
January 2027
Products available on Training.gov.au
March 2027
Stage
Commencement date
CURRENT STAGE
Initial Development
- Project Commencement: September 2025
- Technical Committee Standup: November-December 2025
- Scoping, Review and Initial Development of drafting of Training Package Products: November 2025
Initial Public and Government Consultation
Initial Public and Government Consultation Commences: April 2026
During the initial Public and Government Consultations we will be inviting feedback on draft Training Package Products to address the urgent need for current workforce challenges.
Public and Government Consultation period: April 2026 to May 2026
For details and to provide feedback, click on the Consultation tab above.
Incorporating Feedback
Commencing: March 2026
During this stage, all feedback received during the initial public and government consultation process is reviewed by the Technical Committee and responses are provided.
Essential feedback identified by the Technical Committee is incorporated into the Training Package Products and a further round of consultation may be undertaken.
Public and Government Consultation round 2 (if required)
Commencing: June 2026
If significant changes have been made to the initial Training Package Products as a result of initial Public and Government consultation, FSO will undertake further consultations with stakeholders to ensure the final Training Package Products reflect broad stakeholder consensus.
Senior Officials Check
Commencing September 2026
State and Territory Senior Responsible Officers review, provide feedback, and endorse the training package products.
Final Training Package Products
Final Training Package Products will be made available in this section in due course.
Finalisation and Submission to the Assurance Body
Commencing November 2026
At the finalisation stage, final checks are conducted, and the outcomes of the project are submitted to the Assurance Body and Department for consideration.
Final Training Package Products
Final training products will be made available in this section in due course
Skills Ministers' Endorsement
Commencing January 2027
Skills Ministers’ review the training products and provide endorsement.
Upload to National Training Register
Commencing March 2027
Training Package Products are uploaded to the national training system.
Initial Public and Government Consultation
Initial Public and Government Consultation Commences: April 2026
We invite you to take advantage of this opportunity to contribute to Public and Government Consultation via feedback forms to provide your insights to enhance the application, skills and knowledge requirements.
During the consultation period links to our feedback forms will be posted here.
Workshops
Register for a workshop to participate in an interactive discussion on the development of Sustainable Finance Disclosures Training Package Products.
Workshop dates and registration links will be made available in this section in due course.
We would appreciate your participation. Please be assured that all responses will be kept confidential and will be used exclusively for the purpose of this project.
Training Package Products for Review
Draft Training Package Products will be made available in this section in due course.
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