Search Results

Showing 31 - 40 of 85 results for "CBA"

CBA appoints four to Commodities, Trade and Carbon business

RACHEL ALEMBAKIS  |  MONDAY, 7 NOV 2022  |  NEWS
... appointed four new managing directors to its recently created Commodities, Trade and Carbon (CTC) business. Martyn Whitehead joins CBA as managing director, commodities, leading the bank's strategy for its commodities business with a focus on Australia ...

ACCU demand to rise with Climate Active certification: CBA

RACHEL ALEMBAKIS  |  THURSDAY, 18 AUG 2022  |  NEWS
... purchasing carbon credits like ACCUs. There are 382 entities operating in Australia with Climate Active certification, and CBA senior economist Kristina Clifton said offsetting emissions through carbon credits would be an important part of achieving ...

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 ...

EY partners to deliver Australian sustainable finance taxonomy

RACHEL ALEMBAKIS  |  THURSDAY, 14 JUL 2022  |  NEWS
... drive an industry-led process to develop a sustainable finance taxonomy for Australia." ASFI noted that project funding from CBA, NAB, Cbus, HESTA, IFM, IAG and Deloitte has allowed "momentum to build" around developing an Australian sustainable finance ...

Labor victory likely to increase ACCU demand: CBA

RACHEL ALEMBAKIS  |  WEDNESDAY, 25 MAY 2022  |  NEWS
... Australian Carbon Credit Units (ACCUs) is likely to rise as a result of Labor's victory in the federal election, according to CBA. With Anthony Albanese forming government, Labor will target a 43% reduction in greenhouse gas emissions from 2005 base ...

CBA sees push to greater quantity, quality of climate risk reporting

RACHEL ALEMBAKIS  |  THURSDAY, 12 MAY 2022  |  NEWS
... and quality of climate disclosures by Australian companies will improve, with or without a government mandate, according to CBA. In a recent report by CBA's sustainable economics team, the bank noted that regulations including the US Securities and ...

UBS hires ESG specialist

ELIZABETH FRY  |  THURSDAY, 31 MAR 2022  |  NEWS
... a $750 million cash advance facility with a certified green tranche for its Global Diversified Infrastructure Fund (GDIF). CBA acted as green coordinator on the deal, and assisted FSI in establishing the green financing framework which articulates how ...

CBA highlights strong demand for ACCUs in push to expand carbon market

RACHEL ALEMBAKIS  |  THURSDAY, 3 MAR 2022  |  NEWS
... Australia. One of the challenges in Australia's carbon market is that there is a lack of ACCU supply to meet offsetting demand. CBA noted in a recent report that the land sector has contributed the most to ACCU supply. Adding carbon capture and storage ...

Oliver Wyman appoints ex-Westpac exec as special adviser

RACHEL ALEMBAKIS  |  WEDNESDAY, 9 FEB 2022  |  NEWS
... industries. She has worked as CEO of Westpac Institutional Bank, chair of Westpac Asia's Advisory Board, group treasurer of CBA, head of Retail Products in CBA and has also held roles in Barclays and Citibank. Cobley is a member of Chief Executive ...

DigitalX hires NAB exec as new CEO

RACHEL ALEMBAKIS  |  THURSDAY, 23 DEC 2021  |  NEWS
... Atom Central Bank Digital Currency project (CBDC), a collaborative research project between the Reserve Bank of Australia, CBA and Perpetual, and Project Carbon, a global strategic alliance tokenising voluntary carbon credits with Latu, CIBC, Natwest ...