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Showing 11 - 20 of 1125 results for "finance"

J.P. Morgan vows $2.5 tn for sustainable development

ROSE MARY PETRASS  |  WEDNESDAY, 24 APR 2024  |  NEWS
... around $150 tn. In its recently released Environmental Social Governance Report 2023, the firm laid out its sustainable finance flows, as well as internal diversity and inclusion metrics for staff and management. Its achievements so far include a 15% ...

Investors back climate disclosure mandate

ROSE MARY PETRASS  |  WEDNESDAY, 24 APR 2024  |  NEWS
A group of Australia's most influential finance groups overseeing $80 trillion have joined up in support for Canberra's proposed law to mandate climate disclosures. The Treasury Law Amendment (Financial Market Infrastructure and Other Measures) Bill ...

MLC Life sustainability manager joins impact firm

ROSE MARY PETRASS  |  TUESDAY, 23 APR 2024  |  NEWS
... Partners (IAP), founded in 2023, sought Lucchese's expertise spanning environmental science, climate risk and sustainable finance. As FS Sustainability 's sister magazine Industry Moves reported in April, Lucchese recently joined MLC Life Insurance as ...

ISPT issues $1.5bn sustainably linked loan facility

ANDREW MCKEAN  |  MONDAY, 22 APR 2024  |  NEWS
Industry Super Property Trust (ISPT) has issued a $1.5 billion sustainably linked syndicated term loan that is reportedly one of the largest for any Australia real estate fund manager. The facility is evenly split across five and seven-year tenors and ...

New fintech partnership tracks carbon

ROSE MARY PETRASS  |  FRIDAY, 19 APR 2024  |  NEWS
A carbon tracker and an AI engagement platform for financial institutions have joined forces to provide climate-conscious spending solutions. Cogo will track carbon emissions for clients of Personetics, a global firm with over 130 bank partnerships ...

Funding green buildings risks greenwashing accusations

ROSE MARY PETRASS  |  THURSDAY, 18 APR 2024  |  NEWS
Climate Energy Finance (CEF) says buildings are the "low-hanging fruit" that make up the lion's share of the big four banks' sustainable finance target (SFT) of $385 billion by 2030 - while just 7% flows to financing clean energy and hard-to-abate sectors. ...

Preqin offers ESG benchmark for alternatives

ROSE MARY PETRASS  |  THURSDAY, 18 APR 2024  |  NEWS
... The benchmark assesses more than 1000 ESG funds, as well as impact funds, climate funds, and compliance with Sustainable Finance Disclosure Regulation (SFDR), Sustainable Development Goals (SDG), and Sharia Law. The yardstick allows investors to assess ...

Canberra's new plan a winner for investors

ROSE MARY PETRASS  |  MONDAY, 15 APR 2024  |  NEWS
... and use our unique resources to realise our competitive advantage." Tim Buckley, director of think tank Climate Energy Finance said the US's IRA - and China's response - "change everything". "Australia can't rely on the traditional notion ...

Upskill needed as mandatory reporting looms

ROSE MARY PETRASS  |  TUESDAY, 9 APR 2024  |  NEWS
... evolving global landscape." In response to this and similar findings, Canberra recently released its first Sustainable Finance Capability Framework - upskilling the finance sector on sustainability. The consultation paper is open until the end of April ...

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 ...