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Showing 31 - 40 of 93 results for "CBA"

University secures $450 million sustainability-linked loan

RACHEL ALEMBAKIS  |  THURSDAY, 20 JUL 2023  |  NEWS
... materiality of these goals to the University's operations, show how SLLs can support issuers to achieve their ambitions," said CBA executive general manager global client solutions Deborah Leerhsen. "Importantly, Macquarie continues to aim higher - demonstrating ...

Western Australia issues first green bond

RACHEL ALEMBAKIS  |  WEDNESDAY, 21 JUN 2023  |  NEWS
... rebates and standalone power systems. ANZ Bank, and UBS AG, Australia Branch acted as joint sustainability advisers, while ANZ, CBA, UBS AG Australia Branch and Westpac acted as joint lead managers on the transaction. "The successful issue of the state's ...

CBA invests in native seed merchant

RACHEL ALEMBAKIS  |  THURSDAY, 1 JUN 2023  |  NEWS
... invested in a native seed merchant as part of its strategy to develop carbon sequestration and biodiversity restoration projects. CBA has taken on a minority equity stake in Nindethana Seed Service Pty Ltd (Nindethana). The deal sees CBA enter into a ...

Apostle Funds Management launches carbon credit fund

RACHEL ALEMBAKIS  |  MONDAY, 27 MAR 2023  |  NEWS
TelstraSuper has backed Apostle Funds Management's new global carbon credit fund, which offers exposure to carbon prices through five major global markets. The Apostle Global Carbon Credit Fund offers exposure to global carbon markets for sophisticated ...

Government's Climate Active certification challenged over possible greenwashing

RACHEL ALEMBAKIS  |  WEDNESDAY, 15 FEB 2023  |  NEWS
... and purchasing carbon credits like ACCUs. There are 382 entities operating in Australia with Climate Active certification, CBA said last year. The Australia Institute notes that the Climate Active scheme has certified Australian businesses including ...

2023 the year for business action on climate change: EY

RACHEL ALEMBAKIS  |  THURSDAY, 2 FEB 2023  |  NEWS
The Albanese government's action on climate change policy means that the pressure is on for Australian businesses to adapt and translate net zero commitments into "tangible, real and lasting action," according to EY. EY Oceania chief sustainability ...

Safeguard Mechanism reforms to prompt ACCU demand

RACHEL ALEMBAKIS  |  THURSDAY, 26 JAN 2023  |  NEWS
... that. "I think that's' the biggest implication to the market - understanding exactly how the price cap will be administered." CBA's Sustainable Economics team also highlighted the capped price mechanism in recent research on forward demand for ACCUs. ...

Australian businesses exposed to EU carbon levy

RACHEL ALEMBAKIS  |  THURSDAY, 12 JAN 2023  |  NEWS
Australian businesses must prepare for the impacts of a forthcoming Carbon Border Adjustment Mechanism (CBAM) from the European Union, according to EY. In recent weeks, the EU has reached agreement on the structure of the CBAM, which would place a financial ...

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 ...