Search Results

Showing 131 - 140 of 374 results for "banks"

Climate change "a first-order risk": RBA

RACHEL ALEMBAKIS  |  THURSDAY, 14 OCT 2021  |  NEWS
... Vulnerability Assessment (CVA) currently being undertaken by APRA with the voluntary participation of the five largest Australian banks. "Our expectation is that this exercise will provide useful data and methodology for other Australian financial institutions ...

Property manager announces further $500m SLL

RACHEL ALEMBAKIS  |  THURSDAY, 23 SEP 2021  |  NEWS
... accomplished, a higher interest rate kicks in. Earlier this year, ISPT announced it had completed an SLL transaction with six banks to convert the ISPT Core Fund's bank facilities to an SLL, worth a total of $2.8 billion. "ISPT has an established ...

Greenwashing a challenge to sustainable investing

RACHEL ALEMBAKIS  |  THURSDAY, 26 AUG 2021  |  NEWS
... investors were surveyed as part of the sample, with from corporate and public pension plans, insurance companies, private banks, endowments and foundations, collectively responsible for $26.8 trillion in assets. The research found 51% of investors in ...

Wealth managers under pressure on returns, ESG: Accenture

RACHEL ALEMBAKIS  |  THURSDAY, 26 AUG 2021  |  NEWS
... capturing stable, recurring, and lucrative fees," Hicks said. "In Australia, we are actually seeing the opposite. Australian banks had previously acquired wealth managers, but found it to be an unaligned cultural fit and hard to manage regulation with ...

Supermarket giant inks $1.3bn sustainability-linked loan

RACHEL ALEMBAKIS  |  THURSDAY, 26 AUG 2021  |  NEWS
... Paribas and Rabobank. "We worked with Coles to understand their sustainability strategy in detail and along with the other two banks, we went through quite a long list of potential KPIs that could be possible for a sustainability linked loan," said ANZ ...

Opinion: Mind the gap: Investors continue to stall on climate action, despite sentiment confirming its risks

DAVID KLAUSNER  |  FRIDAY, 20 AUG 2021  |  NEWS
... December 2020, the Monetary Authority of Singapore released its Guidelines on Environmental Risk Management for asset managers, banks, and insurance companies. These outline how financial institutions will need to develop environmental risk management ...

Not all oil stocks are out on ESG grounds: Pendal Group

RACHEL ALEMBAKIS  |  THURSDAY, 12 AUG 2021  |  NEWS
... gas companies are transforming and that provides a source of opportunity, Pittard said. To meet the demands of investors, banks and regulators, oil companies will have to limit their capital expenditure which means production growth will be slower and ...

Banks' role in global decarbonisation under spotlight

RACHEL ALEMBAKIS  |  THURSDAY, 12 AUG 2021  |  NEWS
Banks are uniquely exposed to the risks of climate change, but uniquely placed to drive the transition to a low carbon future, according to Aviva Investors. "Banks are essential for the global economy," said Aviva Investors senior ESG analyst Richard ...

Bank launches sustainability-linked derivatives

RACHEL ALEMBAKIS  |  THURSDAY, 5 AUG 2021  |  NEWS
One of the major Australian banks has launched sustainability-linked derivative products, building on its existing sustainability-linked loans (SLL) and sustainability-linked bond (SLB) processes. ANZ's sustainability-linked derivatives (SLDs) will ...

Opinion: The housing burden is large enough to be shared by many parties

SCOTT LANGFORD  |  FRIDAY, 23 JUL 2021  |  NEWS
... pathway will lead to more investment and more homes than would otherwise have been possible. We also see space for domestic banks to provide construction finance as part of a well-functioning capital ecosystem for community housing into the future, and ...