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Showing 121 - 130 of 367 results for "purpose"

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

RACHEL ALEMBAKIS  |  THURSDAY, 15 JUL 2021  |  NEWS
The Royal Adelaide Hospital has secured $2.2 billion in social and green loan refinance. Commonwealth Bank served as joint sustainability coordinator on a $2.2 billion loan for Celsus, the consortium responsible for designing, financing, constructing ...

Assessing buy now pay later sector through an ESG lens

RACHEL ALEMBAKIS  |  THURSDAY, 1 JUL 2021  |  NEWS
... obligations will apply to buy now pay later arrangements. These obligations will require the industry to design fit-for-purpose products that meet consumer needs. They will also need to take steps to ensure their products are reaching the right consumers ...

IOSCO calls for comparable, reliable ESG reporting standards

RACHEL ALEMBAKIS  |  TUESDAY, 29 JUN 2021  |  NEWS
The International Organisation of Securities Commissions (IOSCO) is calling for greater consistency, comparability and reliability of sustainability reporting for investors. IOSCO is the global standard setter for securities regulation, and is a forum ...

Super fund invests in Australian Unity Green Bond Fund

RACHEL ALEMBAKIS  |  THURSDAY, 24 JUN 2021  |  NEWS
... Unity Green Bond Fund invests in a combination of green, social and sustainable fixed interest securities with the primary purpose of helping to lower carbon emissions, and is managed by Australian Unity's in-house cash and fixed interest team, Altius ...

Enhanced ESG reporting linked to funding outcomes

RACHEL ALEMBAKIS  |  THURSDAY, 27 MAY 2021  |  NEWS
... make quick changes to deliver significant impact. Initially, we've seen a large focus from boards on finalising their purpose statement and ensuring compliance issues such as health and safety are being reported." Socialsuite has signed up a further ...

Northern Trust AM names head of sustainable investing and stewardship

RACHEL ALEMBAKIS  |  FRIDAY, 7 MAY 2021  |  NEWS
Northern Trust Asset Management has hired Julie Moret as global head of sustainable investing and stewardship, a newly created role. Moret will oversee the firm's sustainable investing and global engagement policies, foster research and product development ...

APRA to conduct climate vulnerability assessment on banks

RACHEL ALEMBAKIS  |  THURSDAY, 6 MAY 2021  |  NEWS
... spoke of the CVA process that will apply to banks during a panel discussion at the Actuaries Institute annual summit. "The purpose here is multi-fold," he says. "It's to strengthen the financial sectors' understanding of climate change risk, it's to ...

AICD presses case for stakeholder role in governance

RACHEL ALEMBAKIS  |  THURSDAY, 29 APR 2021  |  NEWS
... governance in five steps - identifying, prioritising and regularly reviewing the organisation's stakeholder with regard to purpose and strategic objectives, developing a vision for the board's role in stakeholder governance, engaging with key ...

Steep rise in demand for ESG wealth management products: EY

RACHEL ALEMBAKIS  |  THURSDAY, 29 APR 2021  |  NEWS
... investments, but many feel their wealth manager "falls short" in understanding their values. There is an overall growth in "for purpose" investing in wealth management clients, according to the 2021 EY Global Wealth Research Report. EY surveyed 2,500 ...

Responsible investors called to action on First Nations Peoples

RACHEL ALEMBAKIS  |  THURSDAY, 29 APR 2021  |  NEWS
... Peoples Working Group (FNPWG), under the auspices of RIAA's Human Rights Working Group. The group has a three-fold purpose to help: address and advance the rights of First Nations peoples and others subjected to systemic racism; elevate First Nations ...