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Showing 11 - 20 of 419 results for "banks"

Insurers grapple with managing physical risks: Report

KARREN VERGARA  |  MONDAY, 9 MAR 2026  |  NEWS
... prudential framework for managing climate change financial risks. While CPG 229 is non-binding, APRA nevertheless expects banks, super funds and insurers to consider climate risks within their existing framework, including the board-approved risk appetite ...

ECB imposes €7.6m climate risk penalty on Crédit Agricole

RIDDHIMA TALWANI  |  THURSDAY, 19 FEB 2026  |  NEWS
... Spanish bank in November 2025, on the same concern over the assessment of C&E risks. The ECB has taken several steps to ensure banks properly identify, assess and manage C&E risks, adhering to a thorough escalation process. As part of this process, it ...

Green moves: Lendlease, Qantas, TNFD

ELIZABETH FRY  |  TUESDAY, 10 FEB 2026  |  NEWS
... also sits on the global board of ResponsibleSteel, which certifies sustainable steel production. In other moves, Alexandra Banks has joined the Taskforce on Nature-related Financial Disclosures as a member. Banks, a partner at EY in climate change and ...

Green moves: Mercer, Northern Trust AM

ELIZABETH FRY  |  FRIDAY, 23 JAN 2026  |  NEWS
... and stakeholders. Her clients include the World Bank Group, International Finance Corporation, G20 and several development banks. She has co-authored climate investing reports with the World Economic Forum and led Mercer's work providing a practical ...

Mercer's Helga Birgden departs after 18 years

ELIZABETH FRY  |  THURSDAY, 22 JAN 2026  |  NEWS
... stakeholders. Her clients include the World Bank Group, International Finance Corporation, G20, and several development banks. She has co-authored climate investing reports with the World Economic Forum and led Mercer's work providing a practical ...

Bill to curb US pension plans' ESG considerations passes

JAMIE WILLIAMSON  |  FRIDAY, 16 JAN 2026  |  NEWS
... One such bill was introduced in Texas in 2021 and implemented in 2022, boycotting several institutions including 10 major banks. About a year later, analysis by the Federal Reserve Bank of Chicago and the Wharton School found doing so cost the state ...

ANZ hit with additional $10m penalty

MATTHEW WAI  |  MONDAY, 22 DEC 2025  |  NEWS
... loss of a loved one." "This outcome sends a clear message to ANZ that it needs to do better by its customers and to all banks that the cost of breaking the law is not an acceptable cost of doing business." The outcome is in relation to four separate ...

ANZ shareholders deliver 'clear message' at AGM

ELIZA BAVIN  |  THURSDAY, 18 DEC 2025  |  NEWS
... increasingly aware of the economy's dependence on nature. "ANZ is at an early stage in understanding deforestation risk. While many banks are monitoring deforestation, ANZ is yet to undertake mapping or demonstrate it has the capabilities to check whether ...

Big banks neglect carbon emitted by financed deforestation: ACF

MATTHEW WAI  |  MONDAY, 8 DEC 2025  |  NEWS
A new analysis by the Australian Conservation Foundation (ACF) found the big four banks are "underreporting" the carbon emissions resulting from the deforestation they finance. According to ACF's Financed emissions from deforestation: The Big Four's ...

Former Pendal insto lead quits Citi

ELIZABETH FRY  |  THURSDAY, 27 NOV 2025  |  NEWS
... few years," she said. "With superannuation funds merging and insourcing, their needs have changed. Ashton pointed out that banks are well-positioned to service not only the super industry but also sponsors who work with asset owners, insurers and asset ...