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Showing 151 - 160 of 374 results for "banks"

Property fund inks multi-billion dollar sustainability linked loan

RACHEL ALEMBAKIS  |  THURSDAY, 6 MAY 2021  |  NEWS
... view of the developments and potential for the sector across Australia. The SLL lenders include Australia's big four banks as well as HSBC, which acted as joint sustainability coordinators and Bank of Nova Scotia as an additional lender. "What we've ...

APRA emphasises "compounding effect" of climate change

RACHEL ALEMBAKIS  |  THURSDAY, 22 APR 2021  |  NEWS
... released a draft guide for Prudential Practice Guide CPG 229 Climate Change Financial Risks (CPG 229), designed to assist banks, insurers and superannuation funds in managing climate-related risks and opportunities as part of their existing risk management ...

NZ climate disclosure legislation to affect Australian entities

RACHEL ALEMBAKIS  |  THURSDAY, 15 APR 2021  |  NEWS
The New Zealand government has introduced world-first legislation that will require listed companies, banks, insurers and fund managers to make public climate risk-related disclosures. The legislation will affect not just New Zealand-domiciled entities ...

Green bond boom, but investors look to value proposition

RACHEL ALEMBAKIS  |  WEDNESDAY, 31 MAR 2021  |  NEWS
... significant growth in the sovereign space as well." Recent issuance has come from a wide range of sectors, led by utilities, banks, REITs and technology, JP Morgan noted. "We do think there needs to be an element of verification, whether that's a ...

Global digitalisation impacting environmental, social factors

RACHEL ALEMBAKIS  |  TUESDAY, 23 MAR 2021  |  NEWS
... that valuations are high in certain parts of the market, saying "with extremely accommodative monetary policy, and central banks committed to supporting higher growth, the conditions do exist for further equity market upside; however, we are becoming ...

Westpac inks $350 million sustainability linked loan

RACHEL ALEMBAKIS  |  THURSDAY, 18 MAR 2021  |  NEWS
... there is certainly an important interplay," Chen said. "There are syndicated deals we've structured for example, where other banks have told us that because we've structured this as a SLL, it's helpful to their credit process. "It may not lead to a change ...

Signs of a "greenium" in bond market: Climate Bond Initiative

RACHEL ALEMBAKIS  |  THURSDAY, 11 MAR 2021  |  NEWS
... product in US and European markets," said Sean Kidney, CEO, CBI. "The wider implications, for sovereigns, corporates and banks are increasingly obvious. With the growth of green bond issuance, particularly in Asia-Pacific and Latin America, we expect ...

Guide to assist financial sector in Modern Slavery risk management

RACHEL ALEMBAKIS  |  THURSDAY, 25 FEB 2021  |  NEWS
... assess, report, and monitor their exposures to modern slavery, and remediate harms where they are directly responsible. For banks, insurance companies, fund managers and superannuation funds, this is a complex because of the activities and relationships ...

Opinion: Sustainable finance: the new normal in 2021

SIMON O'CONNOR, JACKI JOHNSON  |  THURSDAY, 4 FEB 2021  |  NEWS
... we witnessed a wave of public commitments by finance companies to align to net-zero emissions by 2050 - from our largest banks, insurers and super funds - supported by moves to work with large clients and companies within their portfolios to aid and ...

Sustainability important to future of SME sector: Australia Post

RACHEL ALEMBAKIS  |  THURSDAY, 28 JAN 2021  |  NEWS
Almost half of small businesses in Australia consider sustainability to be very important to their future success, according to research from Australia Post. The report, Small business sustainability in a COVID-19 world, looks at key attributes of sustainability ...