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Showing 161 - 170 of 374 results for "banks"

Australia to join climate resilience investment initiative

RACHEL ALEMBAKIS  |  MONDAY, 25 JAN 2021  |  NEWS
... Resilience and Adaptation Strategy. The CCRI is a finance sector-led initiative of more than 75 institutional investors, banks, insurers, rating agencies and governments, representing over US$10 trillion in assets, to address climate resilience challenges. ...

MUFG Bank structures $333 million green financing deal

RACHEL ALEMBAKIS  |  TUESDAY, 29 DEC 2020  |  NEWS
... multi-currency project financing in the renewable sector. We are privileged to partner leading domestic and international banks and financial institutions for our financing needs and are pleased that they continue to repose their trust in our ability ...

T. Rowe Price joins Responsible Investment Association Australasia

RACHEL ALEMBAKIS  |  MONDAY, 21 DEC 2020  |  NEWS
... responsible, ethical and impact investing across Australia and New Zealand. Members include super funds, fund managers, banks, consultants, researchers, brokers, impact investors, property managers, trusts, foundations, faith-based groups, financial ...

Government to launch inquiry into financial sector and climate risk

RACHEL ALEMBAKIS  |  FRIDAY, 18 DEC 2020  |  NEWS
A proposed federal inquiry will examine the legality of banks and insurers' decisions to withdraw from lending or insuring mining projects on climate risk grounds. The big banks and regulators including APRA and ASIC are expected to be called to the ...

Stakeholders mull impact of Rio Tinto report

RACHEL ALEMBAKIS  |  FRIDAY, 18 DEC 2020  |  NEWS
... example of good practice is the required assessment of FPIC implementation for major projects financed by Equator Principles banks. So while we're not looking at new territory, there's an urgent need to ensure the principles of FPIC are applied across ...

Green loans to finance light rail, battery storage

RACHEL ALEMBAKIS  |  FRIDAY, 18 DEC 2020  |  NEWS
... with Canberra Metro assisted by financial advisors MUFG, green loan coordinators ANZ and CBA and mandated lead arranger banks ANZ, CBA, ING, Mizuho, NAB and SMBC. The Canberra Metro debt facility is certified as a green loan under the Climate Bond Initiative's ...

Sharp increase in food waste: Rabobank Australia

RACHEL ALEMBAKIS  |  THURSDAY, 3 DEC 2020  |  NEWS
... production, and clearly an increase in innovation and increase from those in the supply chain to consider things like food banks, repurposing of food waste so it doesn't end in landfill." To encourage innovation in cutting food waste, Rabobank sponsors ...

Companies expect increase in sales linked to sustainability: HSBC

RACHEL ALEMBAKIS  |  THURSDAY, 3 DEC 2020  |  NEWS
... in an uplift in revenue." These trends are affecting green finance deals specifically, and also impacts on the way that banks such as HSBC evaluate loan risks, Hughes said. "There are specific transactions that we arrange - green bonds, green loans ...

Aviva Investors launches climate transition equity fund

RACHEL ALEMBAKIS  |  WEDNESDAY, 2 DEC 2020  |  NEWS
... hold much in the financial sector. We are very underweight financials," he said. "We only own one bank because we see that banks are a reflection of the economy, and many economies are heavily driven by fossil fuels. We think the scope 3 emissions of ...

Roadmap outlines sustainable transformation for finance industry

RACHEL ALEMBAKIS  |  TUESDAY, 24 NOV 2020  |  NEWS
A coalition of more than 80 organisations including banks, insurers, super funds and other stakeholders have released an ambitious list of recommendations to transform Australia's financial system to sustainable outcomes. The Australian Sustainable ...