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NAB issues Australian residential mortgage-backed bond with green tranche

RACHEL ALEMBAKIS  |  FRIDAY, 9 FEB 2018  |  NEWS
National Australia Bank (NAB) has issued an Australian residential mortgage-backed bond with a green tranche that has been certified by the Climate Bond Initiative, an Australia first. Ian Learmonth, CEO, Clean Energy Finance Corporation NAB has issued ...

ACCR seeking shareholders for resolution at Rio Tinto AGM

RACHEL ALEMBAKIS  |  FRIDAY, 9 FEB 2018  |  NEWS
The Australasian Centre for Corporate Responsibility (ACCR) is seeking Rio Tinto shareholders to support a resolution on lobby group spending at Rio's forthcoming AGM. Brynn O'Brien, executive director, ACCR ACCR is seeking 100 or more shareholders ...

Sustainalytics outlines ten key global ESG risks for 2018

RACHEL ALEMBAKIS  |  FRIDAY, 9 FEB 2018  |  NEWS
Sustainability research house Sustainalytics has outlined 10 key ESG risks for 2018, ranging from water management to measures for consumer protection. Martin Vezer, senior associate, thematic research, Sustainalytics Sustainalytics published 10 for ...

Green bond issuance from China reached US$37.1 billion

RACHEL ALEMBAKIS  |  FRIDAY, 9 FEB 2018  |  NEWS
Green bond issuance from China reached US$37.1 billion (RMB248.6 billion) in 2017, a 4.5% cent increase over the previous year, according to a report issued by the Climate Bonds Initiative and China Central Depository and Clearing Co. Ltd (CCDC). Sean ...

South Pole Australia launches EcoAustralia biodiversity, carbon credit product

RACHEL ALEMBAKIS  |  FRIDAY, 9 FEB 2018  |  NEWS
South Pole Australia has launched a new product combining Australian government-endorsed biodiversity and international carbon credits. EcoAustralia gives "organisations offsetting with this product the opportunity to compensate their carbon emissions ...

Australia faces challenges in adapting to autonomous vehicle technology: KPMG

RACHEL ALEMBAKIS  |  FRIDAY, 2 FEB 2018  |  NEWS
Australia ranks 14 out of 20 selected countries in terms of progress and capacity to adapt autonomous vehicle (AV) technology, according to KPMG. KPMG has released the 2018 Autonomous Vehicles Readiness Index (AVRI), which is its first study to examine ...

ACSI, CareSuper announce nominations for Michael O'Sullivan ESG Rising Star Award

RACHEL ALEMBAKIS  |  FRIDAY, 2 FEB 2018  |  NEWS
The Australian Council of Superannuation Investors (ACSI) and CareSuper have announced open nominations from finance professionals for the Michael O'Sullivan ESG Rising Star Award. The Michael O'Sullivan ESG Rising Star Award is named after Michael ...

Thorn agrees to ASIC undertaking for refunds, write-offs for goods leases

RACHEL ALEMBAKIS  |  THURSDAY, 25 JAN 2018  |  NEWS
The Australian Securities and Investment Commission (ASIC) has announced regulatory outcomes against Thorn's consumer leasing businesses Radio Rentals, RR and Rentlo Reinvented that will see millions in dollars of refunds and write-offs of fees to consumers. ...

Increasing financial inclusion could yield increasing revenue to banks: EY

RACHEL ALEMBAKIS  |  THURSDAY, 25 JAN 2018  |  NEWS
Financial inclusion isn't just a worthy social goal for banks - it also represents potential revenue that EY estimates could be as high as US$88 billion by 2020 in the Asia Pacific region. Jan Bellens, EY global emerging markets leader EY has published ...

CEFC commits $30 million to Coleambally Solar Farm

RACHEL ALEMBAKIS  |  THURSDAY, 25 JAN 2018  |  NEWS
The Clean Energy Finance Corporation (CEFC) has committed $30 million in debt finance to the 150MW Coleambally Solar Farm in New South Wales. Neoen Australia is developing the Coleambally Solar Farm, which will be NSW's largest development. "We are ...