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Showing 91 - 100 of 330 results for "banks"

Supermarket giant inks $1.3bn sustainability-linked loan

RACHEL ALEMBAKIS  |  THURSDAY, 26 AUG 2021  |  NEWS
... Paribas and Rabobank. "We worked with Coles to understand their sustainability strategy in detail and along with the other two banks, we went through quite a long list of potential KPIs that could be possible for a sustainability linked loan," said ANZ ...

Opinion: Mind the gap: Investors continue to stall on climate action, despite sentiment confirming its risks

DAVID KLAUSNER  |  FRIDAY, 20 AUG 2021  |  NEWS
... December 2020, the Monetary Authority of Singapore released its Guidelines on Environmental Risk Management for asset managers, banks, and insurance companies. These outline how financial institutions will need to develop environmental risk management ...

Not all oil stocks are out on ESG grounds: Pendal Group

RACHEL ALEMBAKIS  |  THURSDAY, 12 AUG 2021  |  NEWS
... gas companies are transforming and that provides a source of opportunity, Pittard said. To meet the demands of investors, banks and regulators, oil companies will have to limit their capital expenditure which means production growth will be slower and ...

Banks' role in global decarbonisation under spotlight

RACHEL ALEMBAKIS  |  THURSDAY, 12 AUG 2021  |  NEWS
Banks are uniquely exposed to the risks of climate change, but uniquely placed to drive the transition to a low carbon future, according to Aviva Investors. "Banks are essential for the global economy," said Aviva Investors senior ESG analyst Richard ...

Bank launches sustainability-linked derivatives

RACHEL ALEMBAKIS  |  THURSDAY, 5 AUG 2021  |  NEWS
One of the major Australian banks has launched sustainability-linked derivative products, building on its existing sustainability-linked loans (SLL) and sustainability-linked bond (SLB) processes. ANZ's sustainability-linked derivatives (SLDs) will ...

Opinion: The housing burden is large enough to be shared by many parties

SCOTT LANGFORD  |  FRIDAY, 23 JUL 2021  |  NEWS
... pathway will lead to more investment and more homes than would otherwise have been possible. We also see space for domestic banks to provide construction finance as part of a well-functioning capital ecosystem for community housing into the future, and ...

Banks face multi-billion risks from climate change: Accenture

RACHEL ALEMBAKIS  |  THURSDAY, 22 JUL 2021  |  NEWS
The global financial services industry faces $600 billion in climate change risks with widespread implications for banks across credit risk, market risk and operational risk, according to research from by Accenture. According to the climate disclosures ...

Royal Adelaide Hospital locks in $2bn social, green loans

RACHEL ALEMBAKIS  |  THURSDAY, 15 JUL 2021  |  NEWS
... in December 2020, was assisted by financial advisors MUFG, green loan coordinators ANZ and CBA and mandated lead arranger banks ANZ, CBA, ING, Mizuho, NAB and SMBC. Haughey said ASI will seek ESG financing over other real assts as appropriate. "We will ...

Super funds file Modern Slavery Statements

RACHEL ALEMBAKIS  |  THURSDAY, 8 JUL 2021  |  NEWS
... (ACSI). "There will be more and more collaboration within industry groups," he said. "You've seen that with property, banks and mining companies helping each other out. "The investment industry is working through the RIAA working group and in other ...

Assessing buy now pay later sector through an ESG lens

RACHEL ALEMBAKIS  |  THURSDAY, 1 JUL 2021  |  NEWS
... out." Verwey noted that the fund does not engage with companies that they screen out, but that the fund does engage with banks and credit card providers on BNPL products and concerns around financial hardship. Australian Ethical Investments does not ...