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Showing 411 - 420 of 1278 results for "ban"

APRA releases climate risk assessment results

RACHEL ALEMBAKIS  |  THURSDAY, 4 AUG 2022  |  NEWS
Almost 40% of banks, insurers and superannuation funds say climate-related events could have a "material or moderate impact on their direct operations," according to the Australian Prudential Regulation Authority (APRA). APRA has published the findings ...

Singapore to issue inaugural sovereign green bond

RACHEL ALEMBAKIS  |  THURSDAY, 4 AUG 2022  |  NEWS
Singapore will issue its first sovereign green bond - the Green Singapore Government Securities (Infrastructure). The Monetary Authority of Singapore (MAS) announced that the green bond will shortly be launched via a syndicated book-building process ...

New Zealand XRB releases final climate reporting paper

RACHEL ALEMBAKIS  |  THURSDAY, 28 JUL 2022  |  NEWS
New Zealand's External Reporting Board (XRB) has released a final consultation paper on the mandatory Climate-related Disclosure standards that will come into force next year. The New Zealand government last year passed legislation that made climate-related ...

COP27 preview: loss and damage, action on commitments

RACHEL ALEMBAKIS  |  THURSDAY, 28 JUL 2022  |  NEWS
The next UN Climate Change Conference (COP27) in November is expected to focus on implementing commitments made at last year's conference, with the role of countries like Australia as well as investors and business to become enhanced. In preparation ...

Westpac sets 2030 net zero commitments

RACHEL ALEMBAKIS  |  WEDNESDAY, 27 JUL 2022  |  NEWS
Westpac has committed to reducing its Scope 1, 2 and 3 financed emissions by nearly a quarter by 2030 as part of a package of new net zero by 2050 commitments. Westpac has also joined the UN-convened Net-Zero Banking Alliance (NZBA) as part of these ...

CBA expands ESG term deposit to foreign currencies

RACHEL ALEMBAKIS  |  WEDNESDAY, 20 JUL 2022  |  NEWS
Commonwealth Bank of Australia (CBA) will broaden the offering of its ESG term deposit (TD) to international currencies including US dollars and euros. Since launch in December 2021, the ESG TD has raised more than AU$1.5 billion in funding, which is ...

Australian investors withdraw from ESG funds: Calastone

RACHEL ALEMBAKIS  |  THURSDAY, 14 JUL 2022  |  NEWS
Australia investors withdrew funds from equity managed funds - including ESG-focused funds - for the first time since the onset of the COVID-19 pandemic, according to Calastone. Calastone has published the quarterly Fund Flow Index Australia, which ...

LGT Crestone hires head of sustainability

RACHEL ALEMBAKIS  |  THURSDAY, 14 JUL 2022  |  NEWS
LGT Crestone Wealth Management has hired Amanda MacDonald as the head of sustainability. MacDonald reports to Crestone Wealth Management's deputy chief investment officer Kevin Wan Lum. She is tasked with managing Crestone's environmental impact ...

ASX 100 chief executive bonuses hit record highs

CASSANDRA BALDINI  |  THURSDAY, 14 JUL 2022  |  NEWS
Bonuses paid to ASX 100 chief executives hit record highs in FY21, jumping from 31% to 76.7%, according to a new report from the Australian Council of Superannuation Investors (ACSI). In the first year of the pandemic, Australian boards responded to ...

Ramsay commits to Net Zero by 2040

RACHEL ALEMBAKIS  |  WEDNESDAY, 29 JUN 2022  |  NEWS
Ramsay Health Care has committed to reducing Scope 1 and 2 emissions by 42% by 2030 with a goal of reaching net zero across Scopes 1, 2 and 3 by 2040. The healthcare provider has announced that its net zero emissions targets are aligned to the Science-Based ...