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Climate a top concern for Australia's C-Suite

RACHEL ALEMBAKIS  |  THURSDAY, 19 JAN 2023  |  NEWS
The majority of Australia's corporate leaders say climate change is likely to impact their companies to a high or very high degree over the next three years, according to new research from Deloitte. Yet according to Deloitte's 2023 CxO Sustainability ...

CFA Societies in call for uniform ESG disclosure

RACHEL ALEMBAKIS  |  THURSDAY, 19 JAN 2023  |  NEWS
CFA Societies Australia is calling on global asset managers to adopt uniform disclosure standards for ESG investment products. Given the intensifying focus on greenwashing that shows no sign of abating in 2023, CFA Societies is highlighting the need ...

APAC outperforms amid global sustainable finance pullback

RACHEL ALEMBAKIS  |  THURSDAY, 12 JAN 2023  |  NEWS
Sustainable finance showed global declines across all categories in 2022, however, activity in Asia Pacific remained robust, according to research from Refinitiv. Refinitiv has issued its Sustainable Finance Review for 2022, which found that sustainable ...

ASFI outlines roadmap for sustainable finance taxonomy

RACHEL ALEMBAKIS  |  THURSDAY, 15 DEC 2022  |  NEWS
... some countries, they've chosen to use a policy based taxonomy, but it was clear is that the finance sector wants to set a high bar, a science based bar for what is supporting a strong sustainability outcome, rather than a policy-based bar. "For some ...

ANZ leads issuance of US$50m gender-lens bond

RACHEL ALEMBAKIS  |  THURSDAY, 15 DEC 2022  |  NEWS
... Development Cooperation Agency (Sida). "The aim behind this series is really to help give capital to smaller companies - high impact enterprises that advance gender equality in developing countries that might not otherwise have access to international ...

Climate skills demand outstrips supply in finance: UTS

RACHEL ALEMBAKIS  |  THURSDAY, 15 DEC 2022  |  NEWS
... sustainable finance professionals in Australia, "more than three quarters of respondents say that climate skills are in moderate to high demand in their organisation," but 67% say that there is less supply than demand, and 40% say there is "much less ...

Australia to introduce mandatory climate reporting

RACHEL ALEMBAKIS  |  TUESDAY, 13 DEC 2022  |  NEWS
... allocate capital to the projects and companies that are well placed to thrive in the transition to a decarbonised economy. "High quality, standardised, and reliable climate disclosures will help Australian companies attract investment from global capital ...

ASX200 see material biodiversity risks: Martin Currie

RACHEL ALEMBAKIS  |  THURSDAY, 8 DEC 2022  |  NEWS
Large Australian listed companies say they have a role to play in protecting and enhancing biodiversity, but few have policies in place to address the issue, according to Martin Currie Australia. Martin Currie has surveyed ASX200 companies on the topic ...

APRA publishes results of banking climate vulnerability assessment

RACHEL ALEMBAKIS  |  THURSDAY, 1 DEC 2022  |  NEWS
... potential losses, the banks predicted that they would adjust their risk appetites and lending practices, such as cutting back on high loan-to-valuation lending and reducing their exposure to higher risk regions and industries, APRA noted. "The way we ...

New Forests launches ANZ forestry and agriculture fund

RACHEL ALEMBAKIS  |  THURSDAY, 1 DEC 2022  |  NEWS
New Forests has launched a fourth Australia and New Zealand forestry and agriculture-based fund with the aim of raising $600 million in the next two to three years. The $10 billion global nature-based real assets and natural capital strategies investment ...