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Showing 131 - 140 of 416 results for "banking"

Tracking nature: finance lags on biodiversity

ROSE MARY PETRASS  |  THURSDAY, 29 FEB 2024  |  NEWS
... Human rights abuses linked to deforestation have been largely overlooked, the think tank found. Australia and New Zealand Banking Group (ANZ) was the only financier that required holdings to have a zero-tolerance approach to violence in their supply ...

Grok Ventures appoints new CEO

RACHEL ALEMBAKIS  |  FRIDAY, 9 FEB 2024  |  NEWS
... chief investment officer. Kueh has more than 20 years' experience in asset management, wealth management and investment banking, at one point spending 10 years with Macquarie establishing their early business in the US and its distribution presence in ...

BNP Paribas updates sustainability strategy

ROSE MARY PETRASS  |  TUESDAY, 16 JAN 2024  |  NEWS
... committed to reducing its exposure to oil and gas in line with 2°C of warming. As a founding signatory to the Net Zero Banking Alliance, the firm previously stated it plans to align its portfolio with the Paris Agreement to limit the temperature increase ...

Podcast: Banking on the future with Australia's green bank

THE GREENER WAY  |  MONDAY, 15 JAN 2024  |  NEWS
The Clean Energy Finance Corporation is Australia's green bank. Over the last 10 years, the CEFC has deployed more than ten billion dollars to invest in decarbonising Australia with an annualised cumulative return of 4.24%. But almost more importantly ...

Report reveals progress on green finance

ROSE MARY PETRASS  |  WEDNESDAY, 10 JAN 2024  |  NEWS
Current financial regulations and central banking activities have an outsized focus on climate, and neglect broader impacts such as biodiversity loss and its effects on communities who rely on nature for their livelihoods. While progress has been made ...

QIC secures US$300m SLL

ROSE MARY PETRASS  |  THURSDAY, 14 DEC 2023  |  NEWS
... loan (SLL). Lenders are Commonwealth Bank of Australia, ANZ, ING Group, Mitsubishi UFJ Financial Group, Sumitomo Mitsui Banking Corporation, Mizuho Bank, Scotia, and Bank of China. The SLL is attached to QIC' s second infrastructure fund. With US$20.9 ...

Agriculture funding takes the stage at COP28

RACHEL ALEMBAKIS  |  MONDAY, 11 DEC 2023  |  NEWS
... agricultural and land assets is a key challenge for Australia. Climate risk reporting platform Wollemi notes that the Australian banking sector is highly exposed to agriculture, lending $92 billion to agro-business. Wollemi aggregates agro-climate and ...

$50 million backing for Conscious Investment Management fund

RACHEL ALEMBAKIS  |  MONDAY, 27 NOV 2023  |  NEWS
... non-executive director and chair of Cafs. Previously, White held senior roles at Challenger Financial Services, HSBC and ANZ Banking Group. CIMSHF2 is currently open for investment. The fund is a 12-year closed end, capital call vehicle and is targeting ...

Nature-related risk a potential risk to directors

RACHEL ALEMBAKIS  |  THURSDAY, 16 NOV 2023  |  NEWS
... of climate change and biodiversity loss. Catherine Rossiter is a long-term shareholder of the Australia and New Zealand Banking Group. Rossiter, who is represented by Equity Generation Lawyers, accuses the bank of not having adequate risk management ...

ANZ in court over climate and nature risk failure

ROSE MARY PETRASS  |  THURSDAY, 9 NOV 2023  |  NEWS
... of climate change and biodiversity loss. Catherine Rossiter is a long-term shareholder of the Australia and New Zealand Banking Group. Rossiter, who is represented by Equity Generation Lawyers, accuses the bank of not having adequate risk management ...