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Showing 141 - 150 of 374 results for "banks"

Banks face multi-billion risks from climate change: Accenture

RACHEL ALEMBAKIS  |  THURSDAY, 22 JUL 2021  |  NEWS
The global financial services industry faces $600 billion in climate change risks with widespread implications for banks across credit risk, market risk and operational risk, according to research from by Accenture. According to the climate disclosures ...

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

RACHEL ALEMBAKIS  |  THURSDAY, 15 JUL 2021  |  NEWS
... in December 2020, was assisted by financial advisors MUFG, green loan coordinators ANZ and CBA and mandated lead arranger banks ANZ, CBA, ING, Mizuho, NAB and SMBC. Haughey said ASI will seek ESG financing over other real assts as appropriate. "We will ...

Super funds file Modern Slavery Statements

RACHEL ALEMBAKIS  |  THURSDAY, 8 JUL 2021  |  NEWS
... (ACSI). "There will be more and more collaboration within industry groups," he said. "You've seen that with property, banks and mining companies helping each other out. "The investment industry is working through the RIAA working group and in other ...

Assessing buy now pay later sector through an ESG lens

RACHEL ALEMBAKIS  |  THURSDAY, 1 JUL 2021  |  NEWS
... out." Verwey noted that the fund does not engage with companies that they screen out, but that the fund does engage with banks and credit card providers on BNPL products and concerns around financial hardship. Australian Ethical Investments does not ...

Investors outline roadmap for mandatory climate disclosure

RACHEL ALEMBAKIS  |  TUESDAY, 29 JUN 2021  |  NEWS
... regulators and the federal government can act to make climate risk disclosure clear and consistent across companies, investors, banks and insurers. The groups note that the reporting guidelines of the Task Force on Climate-related Financial Disclosures ...

ASX company signs $1.5bn sustainability linked loan

RACHEL ALEMBAKIS  |  WEDNESDAY, 23 JUN 2021  |  NEWS
... Care group CFO Martyn Roberts. HSBC was the sole capital structuring and sustainable finance advisor, with other arranging banks, NAB, MUFG and CBA, Roberts said. "The process included Ramsay team members in different countries, across activities including ...

ASFI reports on momentum towards sustainable finance sector

RACHEL ALEMBAKIS  |  TUESDAY, 8 JUN 2021  |  NEWS
... day to day practice. ASFI has released its first momentum report, gathering information on the ways in which investors, banks and insurance companies are acting on the 37 recommendations in the ASFI roadmap, which was published last year. The 37 recommendations ...

Queensland train project secures $620m green loan

RACHEL ALEMBAKIS  |  THURSDAY, 3 JUN 2021  |  NEWS
... commuter network. In obtaining the green loan, Qtectic was assisted by advisers Macquarie Capital and Sustainalytics, and its banks including ANZ, CBA, CIBC, NAB, MUFG, Mizuho, SMBC and Société Générale. ASI is proud to be involved in the ...

Unite the league: investors join climate coalition

RACHEL ALEMBAKIS  |  MONDAY, 17 MAY 2021  |  NEWS
... billion in assets under management. The initiative started with investors and is being opened to other sectors, including banks, insurers and companies. It is coordinated by the Investor Group on Climate Change (IGCC). Teachers Mutual Bank becomes the ...

APRA to conduct climate vulnerability assessment on banks

RACHEL ALEMBAKIS  |  THURSDAY, 6 MAY 2021  |  NEWS
APRA is developing a framework to assess Australia's largest banks for their vulnerability to climate risk. APRA is working in partnership with the country's five largest banks to design a climate vulnerability assessment (CVA) which will assess not ...