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Showing 21 - 30 of 228 results for "green bond"

Western Australia issues first green bond

RACHEL ALEMBAKIS  |  WEDNESDAY, 21 JUN 2023  |  NEWS
Western Australia has issued its inaugural green bond, with use of proceeds to support projects delivering environmental and decarbonisation outcomes. Western Australia Treasury Corporation (WATC) issued the 4.25% ten-year bond, which was "heavily oversubscribed" ...

Treasury mandates APRA must consider climate risk in duties

RACHEL ALEMBAKIS  |  THURSDAY, 8 JUN 2023  |  NEWS
Treasury has released an 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 ...

Aust Post launches inaugural sustainability linked bond

RACHEL ALEMBAKIS  |  FRIDAY, 19 MAY 2023  |  NEWS
... establishment of Australia Post's Sustainable Finance Framework. Australia Post's Sustainability Bond is aligned to ICMA's Green Bond Principles, Social Bond Principles and Sustainability Bond Guidelines.

No pause button on greenwashing action: ASIC

ROSE MARY PETRASS  |  THURSDAY, 11 MAY 2023  |  NEWS
ASIC is updating its enforcement approach to greenwashing-type misconduct in response to a global rise in sustainability-related products and product strategies. ASIC deputy chair Karen Chester this week outlined a plan for the corporate, market and ...

Renewable energy, climate in spotlight in Federal Budget

RACHEL ALEMBAKIS  |  TUESDAY, 9 MAY 2023  |  NEWS
... expand its surveillance and enforcement functions. The government has also announced that it will develop a sovereign green bond fund. On Monday, the government announced a National Net Zero Authority tasked with managing the energy transition and ensuring ...

Investors welcome Commonwealth green bond program

RACHEL ALEMBAKIS  |  THURSDAY, 27 APR 2023  |  NEWS
... Green Bonds program has been welcomed, with fixed income managers pointing to increased Australian dollar-denominated green bond supply and enhanced transparency as positive future developments. Last week, the government announced the program, saying ...

Government to fund sustainable finance taxonomy development

RACHEL ALEMBAKIS  |  FRIDAY, 21 APR 2023  |  NEWS
... engagement with investors. This move would put Australia in line with other countries who have developed similar sovereign green bond programs, including New Zealand.

The "Wild West" of "blue" investing

ROSE MARY PETRASS  |  WEDNESDAY, 5 APR 2023  |  NEWS
... get attention and hopefully share some of those decisions to the outcomes that we know we want to see". The global green bond market reached US$269.5 billion (AU$398.9 billion) in 2020, up from US$170 billion (AU$251. 6billion) in 2018, according to ...

CEFC doubles investment in Artesian bond fund

RACHEL ALEMBAKIS  |  FRIDAY, 31 MAR 2023  |  NEWS
... drive market leading measurement approaches with its issuers around climate-related disclosures. As the Australian green bond market matures, a stronger regime of issuer measurement and disclosure will attract the growing pool of investors who want to ...

Global investors set net zero target, implementation lags

RACHEL ALEMBAKIS  |  THURSDAY, 23 MAR 2023  |  NEWS
Nearly half of the world's largest institutional investors have made commitments to net zero by 2050, and are now turning to the tougher task of implementing on those commitments, according to Robeco. Robeco has released its annual Climate Survey, a ...