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Showing 101 - 110 of 374 results for "banks"

ASIC greenwashing investigations continue

RACHEL ALEMBAKIS  |  THURSDAY, 3 NOV 2022  |  NEWS
... demand enormous investment, which will be channelled through the markets and entities regulated by ASIC." Longo said central banks "now suggest that climate policy sits alongside fiscal and monetary policy, as the third pillar of macro-economic policy." ...

APRA flags extension of climate vulnerability asssessment to super, insurance

RACHEL ALEMBAKIS  |  THURSDAY, 3 NOV 2022  |  NEWS
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 to deputy chair Helen ...

MAS sustainability adviser speaks to Sinagpore/Australian collaboration

RACHEL ALEMBAKIS  |  WEDNESDAY, 2 NOV 2022  |  NEWS
... "There are already some good examples for blended finance, particularly if you look at any of the multilateral development banks," she said. "They have some great examples. But it's not moving fast enough. We know that we need to access private capital ...

Global green bond market continues to grow

RACHEL ALEMBAKIS  |  THURSDAY, 20 OCT 2022  |  NEWS
... characteristics of green bonds overall. "We see a lot of volatility in the market based on geopolitics, inflation, and central banks acting to tackle inflation," Broustra said. "What we observe is during those phases of the market, we feel there's ...

First Sentier Investors hires industry exec to new ESG role

RACHEL ALEMBAKIS  |  TUESDAY, 11 OCT 2022  |  NEWS
... where she was associate director, financials on the firm's on the institutional desk, advising large institutions on banks, insurers and diversified financials. Prior to this, she was a senior analyst with Ownership Matters, a corporate governance ...

Equipsuper hires new head of responsible investment

RACHEL ALEMBAKIS  |  THURSDAY, 6 OCT 2022  |  NEWS
... well placed to navigate "an increasingly volatile market outlook and foster future growth," the fund said. "With central banks around the world determined to bring inflation under control, even at the expense of economic prosperity, we believe it's not ...

RBA governor urges implementation of ISSB standards

RACHEL ALEMBAKIS  |  MONDAY, 19 SEP 2022  |  NEWS
... Australia's net zero by 2050 commitment was "incredibly important" because it was a point of concern for overseas central banks and investors. "It was a question mark that was always being raised, and that question mark isn't being raised in ...

Climate risk warning on government bond yields

RACHEL ALEMBAKIS  |  THURSDAY, 15 SEP 2022  |  NEWS
... issuers. The sense of urgency that it is so important to clients will come through." Ardea is engaging with issuers and banks to accelerate the development of green bond markets to drive creation of bonds that are less exposed to transition risk. "For ...

APRA chair highlights challenges of climate risk assessment

RACHEL ALEMBAKIS  |  THURSDAY, 8 SEP 2022  |  NEWS
... APRA chair Wayne Byres flagged that the results of the climate vulnerability assessment (CVA) of the country's five largest banks are expected to be released "in a month or two." Byres highlighted that climate change is a disruptive risk in a speech ...

RBA warns of climate-related liability risk for business

RACHEL ALEMBAKIS  |  THURSDAY, 25 AUG 2022  |  NEWS
... provide cover means asset owners should not take comfort from being able to insure climate risks at this moment in time." Banks have "less experience" modelling the financial impacts of climate events and have more work to do to develop their management ...