ABOUT

Centre for Sustainable
Finance: Toitū Tahua

Financing transformation, transforming finance, changing minsets.

Our Vision: An equitable, inclusive financial system that enables a resilient, sustainable Aotearoa New Zealand.

Our Purpose: Advance a financial system that is more resilient, inclusive, robust and agile through the incorporation of environmental, social and economic considerations in financial decisions.

What we do

Accelerate market-led solutions

CSF catalyses cross-sector projects to identify and scale innovative financing solutions.

Drive enabling policy & regulation

CSF collaborates with government and financial market participants to develop policy and standards which will support growth and resilience.

Deliver industry guidance & insight

CSF connects partners and the wider financial sector with leading thinking, international developments and guidance. 

Monitor & communicate progress

CSF tracks progress toward the Sustainable Finance Forum’s 2030 Roadmap For Action.

Our roadmap

The Centre was established to accelerate progress towards an equitable, inclusive, sustainable financial system. Our work is anchored in the Sustainable Finance Forum’s 2030 Roadmap for Action, which calls for financing transformation, transforming finance and changing mindsets.

Implementing these recommendation strategically positions Aotearoa New Zealand both domestically and internationally, where international markets are rapidly embracing similar recommendations. This Roadmap for Action will enable Aotearoa New Zealand to maintain our global reputation and market presence.

The Roadmap was developed over a two-year timeframe in consultation with 200+ market participants. The Sustainable Finance Forum was convened by The Aotearoa Circle. Secretariat was provided by Pip Best, Climate Change & Sustainability Partner, EY.

Timeline of milestones and impact

October 2018

Sir Rob Fenwick co-founded the Aotearoa Circle, bringing together leaders from the public and private sectors to focus on New Zealand's natural capital.

November 2020

The first initiative of the Circle was the Sustainable Finance Forum, which produced the 2030 Roadmap for action.

July 2021

The Centre for Sustainable Finance was formed to accelerate progress towards an equitable, inclusive, sustainable financial system, in line with the 2030 Roadmap for action.

November 2021

CSF submission on the Emissions Reduction Plan (ERP) discussion document, Te haumārohi ki anamata | Transitioning to a low-emissions and climate-resilient future

November 2021

Established the Aotearoa New Zealand Investor Coalition for Net Zero with Mindful Money and Investor Group on Climate Change (IGCC) and convened investment professionals to form the Net Zero Community of Practice.

April 2022

Sustainable Agriculture Finance Initiative Data Project Findings Paper published

July 2022

CSF convened an Inclusion Summit, with attendees from Māori/Iwi organisations, corporates, community organisations and government/regulators. The purpose was to consider new models to reduce barriers to people living independently, with access to the services they need.

August 2022

Prepared papers and engaged with government on the need for a sustainable finance taxonomy, securing an action on developing definitional tools (taxonomy) in the National Adaptation Plan.

September 2022

Sponsored and supported the development of an industry-led Aotearoa New Zealand Stewardship Code for investors. CSF and RIAA jointly host the Code secretariat.

October 2022

CSF, in consultation with key stakeholders and market participants, developed accepted definitions and principles for impact investment in New Zealand.

November 2022

Collaborated with KPMG on the 'Mobilising Capital for Impact' report, which further highlights systemic blocks to 'financing the transformation'

November 2022

Published Directors’ Guide to Climate Governance supporting non-executive directors better understand their role in managing and mitigating climate risk.

January 2023

State of net zero investment in Aotearoa New Zealand report, prepared in partnership with Mindful Money and Investor Group on Climate Change (IGCC)

February 2023

Submission to the RBNZ on Risk Weights Omnibus Consultation Paper.

May 2023

Submission to the RBNZ on Managing Climate- Related Risks: Guidance for Entities.

May 2023

CSF, in partnership with NZ Super Fund, convened a roundtable discussion with the Minister of Finance and key public, private sector and Kiwi/Māori leaders on building long-term resilience into recovery from the Auckland Anniversary Floods and Cyclone Gabrielle.

June 2023

Submission to the Climate Change Commission on the Draft Advice for the Second Emissions Reduction Plan.

August 2023

Submission on the NZ ETS review and redesign of the permanent forest category.

August 2023

Establishment of Thriving Aotearoa Partnership steering committee.

September 2023

CSF convened an investor-led working group and published a joint paper on key recommendations to reduce barriers and challenges for KiwiSaver funds to invest in private assets.

September 2023

Convened roundtable discussions with Ministers, international experts, senior government, iwi and financial sector representatives on financial stability, climate resilience and mobilising private capital into transition and adaptation.

December 2023

CSF commissioned Chapman Tripp and MinterEllisonRuddWatts to prepare a joint legal opinion on legislative impediments to KiwiSaver investment in private assets. CSF submitted the legal opinion and working group recommendations to the Minister of Commerce & Consumer Affairs.

January 2024

At the request of the Minister of Climate Change, CSF convened an Independent Technical Advisory Group to provide independent non-binding expert advice to the Minister to inform the design of a sustainable finance taxonomy fit for the New Zealand market.

August 2024

Supported MBIE and the Financial Markets Authority to convene an investor discussion to identify actionable policy interventions and investor-led initiatives that encourage and enable more investment by managed funds and KiwiSaver in private and illiquid assets and other productive parts of the NZ economy.

October 2024

Published guidance on simplifying sustainability reporting for SMEs

October 2024

Commenced development of the NZ Taxonomy for the agriculture and forestry sector.

November 2024

CSF convened and provides the secretariat for the New Zealand sustainable finance reference group, that supports the Minister for Climate Change, and the Ministry for the Environment, by testing ideas and providing nonbinding advice regarding policy development in relation to the financial sector.

February 2025

Scoping and identify financing solutions for affordable, abundant clean energy.

February 2025

Submit industry recommendations to support development of a national sustainable finance strategy.

February 2025

Formation of inaugural Funders’ group and Board which enabled the establishment of the separate charitable entity, Thriving Communities Aotearoa.

March 2025

Published a paper on the barriers and opportunities for abundant, affordable, and clean energy across the residential, commercial / industrial, and grid-level sectors.

April 2025

In partnership with Deloitte New Zealand, CSF prepared a discussion paper on the Priority Sustainability Data Requirements of New Zealand’s Financial Services sector.

June 2025

First public consultation on the draft NZ Taxonomy agriculture and forestry climate change mitigation criteria.

September 2025

Second public consultation on the draft NZ Taxonomy agriculture and forestry climate change adaptation and resilience criteria.

September 2025

Published a paper on System Level Financing Solutions to Accelerate the Deployment of Private Capital into Energy Transition in New Zealand.

October 2025

Commenced work on the NZ Taxonomy for the energy sector.

November 2025

Published a paper on blended finance options to accelerate private sector financing for Commercial & Industrial fuel switching.

December 2025

Submitted an illustrative business case for a Commerical & Industrial fuel switching financing solution.

December 2025

Finalised NZ Taxonomy criteria for the agriculture and forestry sector.

February 2026

Commenced work on the NZ Taxonomy for the construction and building sector.

We catalyse and accelerate finance that enables the growth, innovation and capital required for current and future generations to thrive.

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