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Showing 101 - 110 of 331 results for "banks"

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 ...

Investors outline roadmap for mandatory climate disclosure

RACHEL ALEMBAKIS  |  TUESDAY, 29 JUN 2021  |  NEWS
... regulators and the federal government can act to make climate risk disclosure clear and consistent across companies, investors, banks and insurers. The groups note that the reporting guidelines of the Task Force on Climate-related Financial Disclosures ...

ASX company signs $1.5bn sustainability linked loan

RACHEL ALEMBAKIS  |  WEDNESDAY, 23 JUN 2021  |  NEWS
... Care group CFO Martyn Roberts. HSBC was the sole capital structuring and sustainable finance advisor, with other arranging banks, NAB, MUFG and CBA, Roberts said. "The process included Ramsay team members in different countries, across activities including ...

ASFI reports on momentum towards sustainable finance sector

RACHEL ALEMBAKIS  |  TUESDAY, 8 JUN 2021  |  NEWS
... day to day practice. ASFI has released its first momentum report, gathering information on the ways in which investors, banks and insurance companies are acting on the 37 recommendations in the ASFI roadmap, which was published last year. The 37 recommendations ...

Queensland train project secures $620m green loan

RACHEL ALEMBAKIS  |  THURSDAY, 3 JUN 2021  |  NEWS
... commuter network. In obtaining the green loan, Qtectic was assisted by advisers Macquarie Capital and Sustainalytics, and its banks including ANZ, CBA, CIBC, NAB, MUFG, Mizuho, SMBC and Société Générale. ASI is proud to be involved in the ...

Unite the league: investors join climate coalition

RACHEL ALEMBAKIS  |  MONDAY, 17 MAY 2021  |  NEWS
... billion in assets under management. The initiative started with investors and is being opened to other sectors, including banks, insurers and companies. It is coordinated by the Investor Group on Climate Change (IGCC). Teachers Mutual Bank becomes the ...

APRA to conduct climate vulnerability assessment on banks

RACHEL ALEMBAKIS  |  THURSDAY, 6 MAY 2021  |  NEWS
APRA is developing a framework to assess Australia's largest banks for their vulnerability to climate risk. APRA is working in partnership with the country's five largest banks to design a climate vulnerability assessment (CVA) which will assess not ...

Property fund inks multi-billion dollar sustainability linked loan

RACHEL ALEMBAKIS  |  THURSDAY, 6 MAY 2021  |  NEWS
... view of the developments and potential for the sector across Australia. The SLL lenders include Australia's big four banks as well as HSBC, which acted as joint sustainability coordinators and Bank of Nova Scotia as an additional lender. "What we've ...

APRA emphasises "compounding effect" of climate change

RACHEL ALEMBAKIS  |  THURSDAY, 22 APR 2021  |  NEWS
... released a draft guide for Prudential Practice Guide CPG 229 Climate Change Financial Risks (CPG 229), designed to assist banks, insurers and superannuation funds in managing climate-related risks and opportunities as part of their existing risk management ...

NZ climate disclosure legislation to affect Australian entities

RACHEL ALEMBAKIS  |  THURSDAY, 15 APR 2021  |  NEWS
The New Zealand government has introduced world-first legislation that will require listed companies, banks, insurers and fund managers to make public climate risk-related disclosures. The legislation will affect not just New Zealand-domiciled entities ...