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Showing 11 - 20 of 70 results for "CBA"

Apostle Funds Management launches carbon credit fund

RACHEL ALEMBAKIS  |  MONDAY, 27 MAR 2023  |  NEWS
TelstraSuper has backed Apostle Funds Management's new global carbon credit fund, which offers exposure to carbon prices through five major global markets. The Apostle Global Carbon Credit Fund offers exposure to global carbon markets for sophisticated ...

Government's Climate Active certification challenged over possible greenwashing

RACHEL ALEMBAKIS  |  WEDNESDAY, 15 FEB 2023  |  NEWS
... and purchasing carbon credits like ACCUs. There are 382 entities operating in Australia with Climate Active certification, CBA said last year. The Australia Institute notes that the Climate Active scheme has certified Australian businesses including ...

2023 the year for business action on climate change: EY

RACHEL ALEMBAKIS  |  THURSDAY, 2 FEB 2023  |  NEWS
The Albanese government's action on climate change policy means that the pressure is on for Australian businesses to adapt and translate net zero commitments into "tangible, real and lasting action," according to EY. EY Oceania chief sustainability ...

Safeguard Mechanism reforms to prompt ACCU demand

RACHEL ALEMBAKIS  |  THURSDAY, 26 JAN 2023  |  NEWS
... that. "I think that's' the biggest implication to the market - understanding exactly how the price cap will be administered." CBA's Sustainable Economics team also highlighted the capped price mechanism in recent research on forward demand for ACCUs. ...

Australian businesses exposed to EU carbon levy

RACHEL ALEMBAKIS  |  THURSDAY, 12 JAN 2023  |  NEWS
Australian businesses must prepare for the impacts of a forthcoming Carbon Border Adjustment Mechanism (CBAM) from the European Union, according to EY. In recent weeks, the EU has reached agreement on the structure of the CBAM, which would place a financial ...

CBA appoints four to Commodities, Trade and Carbon business

RACHEL ALEMBAKIS  |  MONDAY, 7 NOV 2022  |  NEWS
... appointed four new managing directors to its recently created Commodities, Trade and Carbon (CTC) business. Martyn Whitehead joins CBA as managing director, commodities, leading the bank's strategy for its commodities business with a focus on Australia ...

ACCU demand to rise with Climate Active certification: CBA

RACHEL ALEMBAKIS  |  THURSDAY, 18 AUG 2022  |  NEWS
... purchasing carbon credits like ACCUs. There are 382 entities operating in Australia with Climate Active certification, and CBA senior economist Kristina Clifton said offsetting emissions through carbon credits would be an important part of achieving ...

CBA expands ESG term deposit to foreign currencies

RACHEL ALEMBAKIS  |  WEDNESDAY, 20 JUL 2022  |  NEWS
Commonwealth Bank of Australia (CBA) will broaden the offering of its ESG term deposit (TD) to international currencies including US dollars and euros. Since launch in December 2021, the ESG TD has raised more than AU$1.5 billion in funding, which is ...

EY partners to deliver Australian sustainable finance taxonomy

RACHEL ALEMBAKIS  |  THURSDAY, 14 JUL 2022  |  NEWS
... drive an industry-led process to develop a sustainable finance taxonomy for Australia." ASFI noted that project funding from CBA, NAB, Cbus, HESTA, IFM, IAG and Deloitte has allowed "momentum to build" around developing an Australian sustainable finance ...

Labor victory likely to increase ACCU demand: CBA

RACHEL ALEMBAKIS  |  WEDNESDAY, 25 MAY 2022  |  NEWS
... Australian Carbon Credit Units (ACCUs) is likely to rise as a result of Labor's victory in the federal election, according to CBA. With Anthony Albanese forming government, Labor will target a 43% reduction in greenhouse gas emissions from 2005 base ...