Here are well-regarded Australian firms and funds that focus on sustainable, ethical, or impact investing — with a short note on what each is known for and a source you can check for details. I’ve included a mix of retail super funds, asset managers and specialist impact investors so you can match the type of provider to your needs.

Top Australian sustainable / impact investment firms (selection)

• Australian Ethical — A long-standing ASX‑listed ethical investment manager and super provider that screens investments against explicit ethical criteria and publishes ESG reporting. Good for investors seeking clearly screened ethical products. (en.wikipedia.org)

• Future Super — A climate‑and-values focused retail superannuation fund (B‑Corp, Climate Active certified) that markets explicitly exclusionary and climate-aligned investing options. Popular with retail investors looking for transparent, values-based super. (myfuturesuper.com.au)

• Aware Super — One of Australia’s largest profit‑for‑member funds with formal responsible‑investment integration, active stewardship and public reporting on ESG and engagement. Suitable for investors who want scale plus a strong RI program. (awareinvestments.aware.com.au)

• HESTA — A large industry super fund well-recognised for its responsible investment approach, Sustainable Growth options, climate commitments and high industry ratings. Often recommended for members wanting strong RI credentials plus competitive performance. (HESTA.com.au)

• First Sentier Investors (formerly First State) — A major active asset manager with formal responsible-investment frameworks, PRI signatory status and multiple sustainability‑focused strategies across equities and fixed income. Good for diversified ESG-capable active management. (firstsentierfunds.com)

• Impact Investment Group (IIG) — Australia‑based specialist impact manager that invests in green buildings, renewable infrastructure and values‑aligned businesses — focused on measurable environmental and social outcomes alongside returns. Good for investors seeking direct-impact opportunities (often wholesale/ institutional). (impact-group.com.au)

• (Honourable mentions) — Other Australian managers and super funds with sizable RI programs include Perpetual, Pendal/BT, AMP Capital, and several large industry funds (eg Aware Super, HESTA already listed). Many major managers now offer sustainability-labelled funds — check each product for screening, exclusions and reporting. (See fund websites and RI reports for specifics.) (awareinvestments.aware.com.au)

Important cautions and how to choose

• Check what “sustainable”/“ethical” actually means for each product: exclusions, positive tilts, impact targets, engagement policy, and measurable outcomes. Look for independent certifications (eg RIAA Responsible Investment Certification, B Corp) and published RI reports. (myfuturesuper.com.au)
• Watch for greenwashing — regulators and media have pursued funds that mislabel or overstate sustainability claims, so review the product disclosure, exclusions list, and recent independent reporting or regulatory actions. (theguardian.com)
• Compare fees, historical performance (after fees), and fund size/liquidity. For superannuation, consider insurance, fees and how the sustainable option fits your retirement timeline. (HESTA.com.au)

Next steps

• If you’re choosing a retail product: read the Product Disclosure Statement (PDS), the fund’s Responsible Investment or Stewardship report, and any RIAA (or similar) certification pages.
• If you’re an adviser or wholesale investor: request impact measurement / reporting (IRIS/GRI/SDG alignment), track record, and sample engagement case studies.
• I can pull and compare specific funds (fees, returns, exclusions) if you tell me whether you want superannuation, retail managed funds, ETFs, or wholesale/impact opportunities.

Would you like a short comparison of 3–5 specific funds or super options (fees, recent returns, exclusions) next?