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Showing 141 - 150 of 420 results for "banking"

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 ...

Deutsche Bank finances Taiwan's largest offshore wind farm

ROSE MARY PETRASS  |  THURSDAY, 9 NOV 2023  |  NEWS
German's largest banking institution has completed a deal-contingent interest rate hedge and tailored financing for Taiwan's largest offshore wind project to date. Upon completion the 1.0-gigawatt Hai Long, developed and owned by Canada's Northland ...

"Looming" governance gap as reporting becomes mandatory

ROSE MARY PETRASS  |  WEDNESDAY, 8 NOV 2023  |  NEWS
... considerations and mandatory reporting fast approaching, technical and sectoral specialists are being recruited into core banking and investment teams. Professionals with a background in climate, biodiversity and human rights are in high demand, as well ...

Treasury launches sustainable finance strategy

RACHEL ALEMBAKIS  |  THURSDAY, 2 NOV 2023  |  NEWS
... year, the five largest banks in Australia were assessed by APRA on the estimated future impact of climate change on the banking sector and how the banks might respond to anticipated physical and transition risks. The results suggest that climate risk ...

Nearly a quarter of Australian bank debt has nature-related risk

ROSE MARY PETRASS  |  WEDNESDAY, 1 NOV 2023  |  NEWS
... banks, is the subsector responsible for the biggest impact on nature. The report, which focuses on aligning Australia's banking with the Global Biodiversity Framework, identifies six lending practices that act as barriers to protecting and restoring ...

Student accommodation provider inks billion-dollar SLL

RACHEL ALEMBAKIS  |  TUESDAY, 17 OCT 2023  |  NEWS
... first SLL in the Australian student accommodation sector, said CBA executive general manager for global institutional banking coverage Deborah Leerhsen. "With this SLL, Scape is embedding its ambitious sustainability strategy in its financing by tying ...

Bank says fossil fuel exclusions "will bite" in the future

ROSE MARY PETRASS  |  THURSDAY, 31 AUG 2023  |  NEWS
... co-founder of Bank.Green said Fossil Free Certification "is the simplest way to signal to customers, professionals in the banking sector, and the general public that a sustainability-conscious financial institution is putting its money where its mouth ...