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Showing 11 - 20 of 85 results for "CBA"

Australia's chance to step up

ROSE MARY PETRASS  |  THURSDAY, 7 NOV 2024  |  NEWS
Clean energy investors are confident that Trump's threat to repeal the Inflation Reduction Act (IRA) and "Drill, baby, drill!" puts Australia in pole position to become a regional green superpower. The Investor Group on Climate Change (IGCC) kicked ...

Woodside's US$2.35bn gamble raises doubts

ROSE MARY PETRASS  |  MONDAY, 12 AUG 2024  |  NEWS
The energy giant's US$2.35 billion ammonia buyout may placate many shareholders, but the high price paid has raised alarms given the yet-to-be-operational plant hinges on possibly impermanent carbon capture. Last week, Australian oil and gas company ...

Banks to refund millions following ASIC review

ROSE MARY PETRASS  |  MONDAY, 15 JUL 2024  |  NEWS
... receive a refund of more than $28m following the corporate watchdog's review into bank fees. ANZ, Bendigo and Adelaide Bank, CBA and Westpac kept at least two million low-income Australians in high-fee accounts, 'Better banking for Indigenous ...

Cromwell restructures lending facility

ROSE MARY PETRASS  |  MONDAY, 17 JUN 2024  |  NEWS
... finance for Australia and New Zealand Tessa Dann said. Cromwell's asset portfolio already met the standards for a green loan, CBA general manager major client group Jon Coombes said, but the real estate investor's commitment to setting more ambitious ...

ISPT issues $1.5bn sustainably linked loan facility

ANDREW MCKEAN  |  MONDAY, 22 APR 2024  |  NEWS
... evenly split across five and seven-year tenors and has attracted participation from 20 lenders. Commonwealth Bank of Australia (CBA), ANZ, Westpac, and HSBC acted as joint mandated lead arrangers and bookrunners and joint sustainability coordinators. ...

Funding green buildings risks greenwashing accusations

ROSE MARY PETRASS  |  THURSDAY, 18 APR 2024  |  NEWS
... into SFT's by Australia and New Zealand Banking Group (ANZ), National Australia Bank (NAB), Commonwealth Bank of Australia (CBA), and Westpac. CBA's target is $70 bn by 2030. It's current allocations to buildings are eight times the amount it invests ...

CBA launches green business loan

ROSE MARY PETRASS  |  MONDAY, 18 MAR 2024  |  NEWS
... action through tailored terms to suit individual project, asset or funding needs. The Commonwealth Bank of Australia's (CBA) 2030 Sustainability Funding Target (SFT) aims to deliver $70 billion in cumulative funding across sustainable industries ...

Decarbonising aluminium key priority for Capral

RACHEL ALEMBAKIS  |  MONDAY, 19 FEB 2024  |  NEWS
Decarbonising aluminium's supply chain is a key business and industry aim for aluminium extruder and distributor Capral. Capral is Australia's largest aluminium extrusion business with 65,000 tonnes capacity, six manufacturing bases in Australia and ...

Student accommodation provider inks billion-dollar SLL

RACHEL ALEMBAKIS  |  TUESDAY, 17 OCT 2023  |  NEWS
... provided the sustainability outcomes can be met across all of Scape's 27 assets in Sydney, Melbourne, Brisbane and Adelaide. CBA and ANZ served as joint sustainability coordinator and were part of the 12 lenders to the SLL. Among other commitments, Scape ...

New EU rules at the border and beyond

ROSE MARY PETRASS  |  TUESDAY, 10 OCT 2023  |  NEWS
Stay ahead of new EU sustainability rules at the border and beyond: World-first European Green Bond standard, EU launches Carbon Border Adjustment Mechanism (CBAM), Corporate Sustainability Reporting Directive (CSRD) slated for 2024. World-first European ...