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Showing 91 - 100 of 357 results for "banking"

Investments at risk: Finance "out of step" with climate science

ROSE MARY PETRASS  |  THURSDAY, 3 AUG 2023  |  NEWS
... scientists and so draws on international reference scenarios given their common use within international policy and central banking institutions. The RBA's analytical framework is under continued development. The Department of the Treasury alongside ...

Mike Ng named first chief sustainability officer for OCBC

ROSE MARY PETRASS  |  WEDNESDAY, 26 JUL 2023  |  NEWS
Oversea-Chinese Banking Corporation Limited (OCBC) has announced the creation of the role of chief sustainability officer with current head of sustainability Mike Ng stepping into the role on 1 August. The new role will lead the transition to net zero ...

Executive appointment roundup: State Street, ANZ

RACHEL ALEMBAKIS  |  THURSDAY, 13 JUL 2023  |  NEWS
... March. Simon Reid has been named director, based in Melbourne, and joins from ANZ Group Treasury. Reid has 18 years of banking experience, most recently as director, group funding, where he was actively involved in ANZ's sustainability bond issuance ...

ANZ augments sustainable finance team

RACHEL ALEMBAKIS  |  WEDNESDAY, 12 JUL 2023  |  NEWS
... March. Simon Reid has been named director, based in Melbourne, and joins from ANZ Group Treasury. Reid has 18 years of banking experience, most recently as director, group funding, where he was actively involved in ANZ's sustainability bond issuance ...

World first $1.6bn Climate Bonds green loan: QIC and Vector

ROSE MARY PETRASS  |  TUESDAY, 4 JUL 2023  |  NEWS
... capex facilities may be re-allocated over time via formal agreement. MUFG Bank Ltd, National Australia Bank Ltd, Westpac Banking Corporation and Westpac New Zealand acted as joint sustainability coordinators on the transaction. The deal is the first ...

Executive appointment roundup: First Sentier, MaxCap, Northcape, Federated Hermes

ROSE MARY PETRASS  |  THURSDAY, 29 JUN 2023  |  NEWS
... research on a range of sustainability and sustainable investment related topics in partnership with Mitsubishi UFJ Trust and Banking Corporation, a subsidiary of Mitsubishi UFJ Financial Group. Kate Turner, FSI's global head of responsible investment ...

Amid economic uncertainty, "overlooked" co-ops and mutuals thrive

ROSE MARY PETRASS  |  MONDAY, 26 JUN 2023  |  NEWS
... GDP. BCCM found the number of CMEs in Australia rose slightly during 2022, despite consolidation in key sectors such as banking and financial services. Profitability across agribusiness, financial services, health insurance and motoring was impacted ...

IIGCC, TPI Centre launch Bank Net Zero Standard

ROSE MARY PETRASS  |  TUESDAY, 13 JUN 2023  |  NEWS
... Investors Group on Climate Change (IIGCC) and other stakeholders has launched a Net Zero Standard for Banks alongside a Banking Assessment Framework setting out investor expectations on the transition to net zero. Over 25 investors, including Amundi ...

Treasury mandates APRA must consider climate risk in duties

RACHEL ALEMBAKIS  |  THURSDAY, 8 JUN 2023  |  NEWS
... reputation for addressing systemic risk across Australia's financial sector and is no doubt well placed to ensure our banking system is prepared to meet the challenges, and seize the opportunities, associated with climate change." Liddell noted that ...

CBA invests in native seed merchant

RACHEL ALEMBAKIS  |  THURSDAY, 1 JUN 2023  |  NEWS
... local communities and helping clients manage climate change risk, said Andrew Hinchliff, CBA group executive institutional banking and markets. "As the world focuses on meeting carbon reduction targets, the issues of biodiversity and natural capital ...