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Showing 21 - 30 of 424 results for "banks"

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 ...

A slowdown in progress could double transition costs: ASFI

ANGELIQUE MINAS  |  MONDAY, 24 NOV 2025  |  NEWS
... government and industry bodies, the Australian Sustainable Finance Institute (ASFI) referenced analysis by the Network of central banks and supervisors for Greening the Financial System (NGFS), that indicated a three-year pause could double transition ...

Super moves: Future Fund, Bupa, QIC, HESTA, Prime Super

ELIZABETH FRY  |  THURSDAY, 13 NOV 2025  |  NEWS
... previous experience includes Oliver Wyman, where he ran Basel II AIRB and mortgage book optimisation programs for domestic banks, and PwC, focusing on operational risk and sustainability across industries including mining, oil and gas, utilities, manufacturing ...

Saudi Arabia issues guidelines on ESG debt instruments

RIDDHIMA TALWANI  |  MONDAY, 10 NOV 2025  |  NEWS
... instruments: green, social, sustainable, and sustainability-linked, allowing a wide range of issuers, from corporates to banks, to access its sustainable finance market. "These guidelines have been published to clarify the core principles and frameworks ...

Podcast: The greener way to gold

THE GREENER WAY  |  TUESDAY, 28 OCT 2025  |  NEWS
... director of media at FS Sustainability, sits down with Shaokai Fan, head of Asia Pacific (ex China) and global head of central banks at the World Gold Council (WGC), to discuss the role of the WGC in enhancing the gold market, the significant rise in ...

APRA updates governance framework

ELIZA BAVIN  |  MONDAY, 27 OCT 2025  |  NEWS
... provided an update on its consultation to modernise the prudential framework on governance for superannuation trustees, banks and insurers. In March, APRA proposed eight measures to update its cross-industry prudential standards and guidance on governance ...