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Showing 91 - 100 of 374 results for "banks"

No role for monetary policy to address climate change

RACHEL ALEMBAKIS  |  THURSDAY, 20 APR 2023  |  NEWS
... price stability if the central bank were to use its balance sheet to implement stimulus for climate action. For central banks and other financial regulators, the coordination of standards around climate-related disclosures and taxonomies is a more targeted ...

Podcast: Recognising tomorrow's sustainability winners

RACHEL ALEMBAKIS  |  THURSDAY, 23 MAR 2023  |  NEWS
Graz van Egmond is the CEO of the Banksia Foundation, which runs the annual Banksia Foundation Sustainability Awards. The awards have highlighted organisations around Australia, of all sizes and industries, for their sustainability performance for more ...

Fink counts the cost of "easy money" in annual letter

RACHEL ALEMBAKIS  |  THURSDAY, 16 MAR 2023  |  NEWS
... domino could be asset-liability mismatches such as that demonstrated in the collapse of Silicon Valley bank and two other US banks. The third domino could be liquidity mismatches - with low interest rates, some asset owners increased commitments to illiquid ...

Push for greater ESG alignment in C-Suite pay

RACHEL ALEMBAKIS  |  THURSDAY, 2 MAR 2023  |  NEWS
... APRA's Prudential Standard CPS 511 takes effect. CPS 511 states that all APRA regulated entities - such as the Big Four banks - "must maintain a remuneration framework that promotes effective management of financial and non-financial risks." CPS 511 ...

Frasers Property inks fresh sustainability-linked loans

RACHEL ALEMBAKIS  |  WEDNESDAY, 22 FEB 2023  |  NEWS
... and 3 emissions, in line with the Science-based Target Initiative (SBTi). The SLL was underwritten by a syndicate of four banks as mandated lead arrangers, underwriters, bookrunners and sustainability coordinators - ANZ Bank, Barclays Bank, Overseas-Chinese ...

Qualitas names Fiona Reynolds to ESG advisory board

RACHEL ALEMBAKIS  |  TUESDAY, 14 FEB 2023  |  NEWS
... internationally for 10 years, I think that means that you can bring a different perspective and knowledge. "Australia has world class banks and investment funds, a great financial system and this is what I want to be a part of." Australia should be positioning ...

Government introduces gender pay gap bill

ANDREW MCKEAN  |  THURSDAY, 9 FEB 2023  |  NEWS
... than women are." As a result, Beattie says that she anticipates that under any pay transparency regimes, fund managers and banks are likely to reveal significant pay gaps. "Pay transparency adds another level of pressure on organisations to put the processes ...

ASX200 see material biodiversity risks: Martin Currie

RACHEL ALEMBAKIS  |  THURSDAY, 8 DEC 2022  |  NEWS
... biodiversity. In addition to the risks and dependencies, the survey highlighted financial opportunities as well - Martin Curie found banks and insurance companies see opportunities for the development of markets for ecosystem services and biodiversity ...

APRA publishes results of banking climate vulnerability assessment

RACHEL ALEMBAKIS  |  THURSDAY, 1 DEC 2022  |  NEWS
... Authority (APRA) has published the findings of its first Climate Vulnerability Assessment (CVA) of Australia's five largest banks and signaled that the insurance industry is likely to be the next regulated sector to participate in the exercise. The ...

Regulatory roundup on key sustainability developments

RACHEL ALEMBAKIS  |  THURSDAY, 3 NOV 2022  |  NEWS
... results of banking CVA The climate vulnerability assessment (CVA) that APRA conducted with Australia's five largest banks is likely to be expanded to other industries overseen by the prudential regulator, including super funds and insurers, according ...