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Showing 111 - 120 of 410 results for "financial services"

Sustainable finance heavyweight to chair National Reconstruction Fund board

RACHEL ALEMBAKIS  |  WEDNESDAY, 9 AUG 2023  |  NEWS
... Victoria. Throughout his 30-year career, he has served in senior executive and board roles across banking and financial services, management consulting and postal services, including as managing director and CEO of Australia Post, Latitude Financial ...

Morgan Stanley reaches 70% of $1tn sustainable finance goal

ROSE MARY PETRASS  |  WEDNESDAY, 9 AUG 2023  |  NEWS
... for sustainable and low-carbon investments by the end of this decade. The multinational investment bank and financial services company has released its latest ESG report stating that US$700 billion has been designated for financing, out of which more ...

Are indexes the next target for greenwashing investigations?

RACHEL ALEMBAKIS  |  THURSDAY, 3 AUG 2023  |  NEWS
... spokesperson for ASIC confirmed to FS Sustainability that Bloomberg and MSCI do not hold any relevant Australian Financial Services Licences. But the market regulator issued a warning. "ASIC is actively considering the conduct and obligations of third-party ...

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

ROSE MARY PETRASS  |  THURSDAY, 3 AUG 2023  |  NEWS
... University of Exeter in July also released findings that economic models underpinning climate scenario modelling in financial services exclude climate tipping points. The Carbon Tracker report warns of the serious prospect of an "unpleasant, abrupt and ...

T. Rowe Price creates specialist APAC ESG role

CHLOE WALKER  |  FRIDAY, 28 JUL 2023  |  NEWS
... to the newly created role of ESG investment specialist, APAC. Ramscar brings over 20 years of experience in financial services, having spent a decade at Legal & General Investment Management in London, including the past five years as its head of sustainability ...

Mike Ng named first chief sustainability officer for OCBC

ROSE MARY PETRASS  |  WEDNESDAY, 26 JUL 2023  |  NEWS
... transition to net zero on both the lending and wealth management fronts at Southeast Asia's second largest financial services group by assets. CEO Helen Wong said the new role would be focused on strong governance and will oversee bringing the business ...

ASIC takes Vanguard to court over further greenwashing claims

RACHEL ALEMBAKIS  |  TUESDAY, 25 JUL 2023  |  NEWS
... published online. "ASIC will continue its focus on alleged greenwashing conduct and we continue to stress to the financial services industry that if exclusions in investments are promised, these exclusions need to be applied and promises upheld," Court ...

ACCC publishes greenwashing guidance

RACHEL ALEMBAKIS  |  FRIDAY, 14 JUL 2023  |  NEWS
... on consumer facing products and services, whereas ASIC is primarily responsible for financial products and financial services," the guidance said. "However, misleading environmental claims may sometimes fall within both ASIC's jurisdiction and the ACCC's ...

RIAA CEO Simon O'Connor to exit after 10 years

ROSE MARY PETRASS  |  THURSDAY, 29 JUN 2023  |  NEWS
... that the organisation has evolved from "a cottage industry on the side-lines" to "right in the centre of core financial services discussions, focus and regulatory development". Ross Piper, chair of the RIAA board commented: "Simon has been a highly effective ...

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

ROSE MARY PETRASS  |  MONDAY, 26 JUN 2023  |  NEWS
... 2022 financial year, despite global and domestic economic uncertainty - with the greatest number being in the financial services sector, a new report has found. A report published by the Business Council of Co-operatives and Mutuals (BCCM) has found ...