The Australian Beef Sustainability Framework (ABSF) 2023 Annual Update reports significant progress towards sustainability goals in Australia's beef industry, including a decrease in carbon emissions, increased forested land, and a target of carbon neutrality by 2030. The industry has also set goals to double its value, demonstrate net positive contributions to nature, and achieve net zero greenhouse gas emissions by 2030. Additionally, the industry is working on improving water efficiency, finding metrics for on-farm biodiversity, and developing indicators for mortality on domestic road transport.