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Showing 221 - 230 of 1276 results for "ban"

Borrowers pressured for plans as Scope 3 left in dust

ROSE MARY PETRASS  |  MONDAY, 8 APR 2024  |  NEWS
Almost half (42%) of energy companies on Citi bank's loan book do not have climate transition plans. The US bank's recently released climate report ranked energy companies from "low" to "strong" based on emissions reduction plans. It found current transition ...

Philanthropic donations under scrutiny

ROSE MARY PETRASS  |  THURSDAY, 4 APR 2024  |  NEWS
... referendum must be declared to Australian Electoral Commission (AEC). Some companies that made the list have policies that ban political donations. The Yes campaign was led by Australians for Indigenous Constitutional Recognition (AICR), which is a fundraising ...

Indigenous communities reunited with $25m in lost super

JAMIE WILLIAMSON  |  TUESDAY, 2 APR 2024  |  NEWS
The total superannuation found by First Nations Foundation on behalf of Indigenous Australians now comes in at $25.2 million. In 2023, the foundation reconnected First Nations people with $1.2 million, bolstering the total found. The superannuation ...

Larry Fink letter urges pragmatism

ROSE MARY PETRASS  |  WEDNESDAY, 27 MAR 2024  |  NEWS
The BlackRock CEO's annual letter waxed poetic on the old age question, fear, and the savings strategy of stuffing money under mattresses. He also said the energy transition is not a straight line and requires "pragmatism". This means Larry Fink believes ...

Fund managers "eagerly" await green Treasury bond

ROSE MARY PETRASS  |  MONDAY, 25 MAR 2024  |  NEWS
Commonwealth Bank of Australia, Deutsche Bank, National Australia Bank, UBS AG Australia Branch and Westpac Banking Corporation have been appointed as Joint Lead Managers (JLMs) for the initial public offering of the first June 2034 green Treasury bond. ...

Mercer nabs Aware sustainability expert

ELIZABETH FRY  |  MONDAY, 25 MAR 2024  |  NEWS
Mercer Investments has appointed Guy Shearman as a senior sustainable investment analyst. Shearman joins from the $160 billion superannuation giant Aware Super, where he spent three years as a responsible investment analyst. Before that, he was an ESG ...

Deutsche Bank links 33% of long-term bonuses to non-financial targets

ROSE MARY PETRASS  |  WEDNESDAY, 20 MAR 2024  |  NEWS
One of the world's largest financial institutions now ties a whopping third of long-term bonuses to sustainability and social objectives for the first time, starting this year. The change was outlined in its latest non-financial report outlining progress ...

Members beef up ESG checks

ROSE MARY PETRASS  |  TUESDAY, 19 MAR 2024  |  NEWS
A new report reveals that investors are keener than ever to secure their financial future by investing responsibly and will pull their money if their manager doesn't do so. A whopping 88% of Aussies expect their super, bank accounts, and other investments ...

CBA launches green business loan

ROSE MARY PETRASS  |  MONDAY, 18 MAR 2024  |  NEWS
Australia's largest lender has rolled out a new financing option for enterprises to fund sustainability projects like renewable energy, energy-efficient upgrades, climate resilience, and nature protection. The Business Green Loan supports organisations ...

Greenwashing remains a priority: ASIC

MICHELLE BALTAZAR  |  MONDAY, 18 MAR 2024  |  NEWS
The call to stamp greenwashing at the root may have the potentially unintended consequence of stopping big companies from doing a better job at tackling environmental risks, including climate change. It was a packed room last Thursday at the annual ...