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Showing 11 - 20 of 154 results for %22Climate Bond Initiative%22

Australia the guinea pig for PRI sovereign engagement pilot

ROSE MARY PETRASS  |  THURSDAY, 31 AUG 2023  |  NEWS
... with $12.2 trillion in assets under management has announced the expansion of its Collaborative Sovereign Engagement on Climate Change pilot program in Australia, welcoming 18 new organisations to the initiative. The program announced in September last ...

Industy veterans named to sustainable finance taxonomy working group

RACHEL ALEMBAKIS  |  THURSDAY, 10 AUG 2023  |  NEWS
... taxonomy. The Australian Sustainable Finance Institute (ASFI) has named former RBA deputy governor Guy Debelle and EY climate change and sustainability services partner Emma Herd as the co-chairs of the Taxonomy Technical Expert Group (TTEG). "It is ...

Morgan Stanley reaches 70% of $1tn sustainable finance goal

ROSE MARY PETRASS  |  WEDNESDAY, 9 AUG 2023  |  NEWS
... investment will be needed every year to build a net-zero global economy by 2050, according to global economic growth and climate change mitigation think tank the Energy Transitions Commission. Morgan Stanley Chairman and CEO James Gorman commented: "I ...

La Trobe Uni issues $175m green bond

RACHEL ALEMBAKIS  |  WEDNESDAY, 2 AUG 2023  |  NEWS
... deeply committed to environmental sustainability, with an investment of $75 million to become carbon neutral and secure Climate Active certification as an institution by 2029," Smith said. "The launch today of our inaugural green bond offering further ...

World first $1.6bn Climate Bonds green loan: QIC and Vector

ROSE MARY PETRASS  |  TUESDAY, 4 JUL 2023  |  NEWS
... sustainability coordinators on the transaction. The deal is the first Use of Proceeds instrument globally under the new Climate Bonds Standard Version 4.0, and is the largest Climate Bonds Certified green bank loan under the Climate Bonds' Electrical ...

Treasury mandates APRA must consider climate risk in duties

RACHEL ALEMBAKIS  |  THURSDAY, 8 JUN 2023  |  NEWS
... updated statement of expectations for the Australian Prudential Regulation Authority (APRA) which includes the adoption of climate reporting standards by super funds, banks and insurers. "For the first time, the government is explicit in requiring the ...

No pause button on greenwashing action: ASIC

ROSE MARY PETRASS  |  THURSDAY, 11 MAY 2023  |  NEWS
... relation to sustainable finance-related products and services. This follows the government proposal to introduce a mandatory climate-change related disclosure regime for large businesses and financial institutions in Australia. "Greenwashing is a corrosive ...

Investors welcome Commonwealth green bond program

RACHEL ALEMBAKIS  |  THURSDAY, 27 APR 2023  |  NEWS
... should refer to credible, science-based criteria for UoP such as those contained in the Climate Bonds Initiative Climate Bond Standard. A move in this direction will reassure investors that their capital is being deployed to projects that genuinely contribute ...

No role for monetary policy to address climate change

RACHEL ALEMBAKIS  |  THURSDAY, 20 APR 2023  |  NEWS
The Reserve Bank of Australia (RBA) should "take account of climate risks but not use monetary policy to address them," a recommendation made as part of a sweeping overhaul of how the central bank functions. As reported in sister publication Financial ...

The "Wild West" of "blue" investing

ROSE MARY PETRASS  |  WEDNESDAY, 5 APR 2023  |  NEWS
... panel moderator was Ocean Decade Australia co-founder Jas Chambers and speakers Nicky Landsbergen, partner with EY's climate change and sustainability services team, Ethinvest director of philanthropy Blair Palese, South Pole climate action head ...