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Executive appointment roundup: State Street, ANZ

RACHEL ALEMBAKIS  |  THURSDAY, 13 JUL 2023  |  NEWS
... sustainable finance, replacing Tonkin in Sydney. Simmons was previously a state director in ANZ's emerging corporate business and in addition to working at ANZ has also experience at The Royal Bank of Scotland and GE Capital. He started in his new ...

ANZ augments sustainable finance team

RACHEL ALEMBAKIS  |  WEDNESDAY, 12 JUL 2023  |  NEWS
... sustainable finance, replacing Tonkin in Sydney. Simmons was previously a state director in ANZ's emerging corporate business and in addition to working at ANZ has also experience at The Royal Bank of Scotland and GE Capital. He started in his new role ...

China opposes UN calls for net zero shipping by 2050

ROSE MARY PETRASS  |  THURSDAY, 6 JUL 2023  |  NEWS
... agreement on targets and decarbonisation pathways for shipping is essential for exporting countries. "For Australian business reliant on export markets, it will be important to monitor the outcomes of these discussions to identify and understand potential ...

World first $1.6bn Climate Bonds green loan: QIC and Vector

ROSE MARY PETRASS  |  TUESDAY, 4 JUL 2023  |  NEWS
... comprises green term loans to fund QIC's 50% interest in Vector Metering in addition to green capex facilities to fund the business's electricity smart metering expansion in the region. The initial green and non-green limits of the capex facilities may ...

Cleaning up diversity-washing boosts business performance

ROSE MARY PETRASS  |  MONDAY, 3 JUL 2023  |  NEWS
... the Financy Women's Index, recently launched anti-DEI-washing app Impacter to help businesses self-assess, improve business outcomes, and move towards best practice on diversity, equity, and inclusion (DEI). The new cloud-based software aims to help ...

Chinese listed companies that invest in ESG show higher quality financial reporting: Study

RACHEL ALEMBAKIS  |  MONDAY, 3 JUL 2023  |  NEWS
... overseas investment so there is a culture of transparency and accountability," he said. "The ESGs in China also have good business strategies where businesses are investing in a mix of short term, medium term and long-term projects, which help to level ...

BlackRock raises $500m for Super Battery

ANDREW MCKEAN  |  FRIDAY, 30 JUN 2023  |  NEWS
BlackRock Alternatives has secured over $500 million from Australian and global institutional and sovereign co-investors to expedite the development of the Waratah Super Battery. The Waratah Super Battery (WSB), believed to be one the largest committed ...

Executive appointment roundup: First Sentier, MaxCap, Northcape, Federated Hermes

ROSE MARY PETRASS  |  THURSDAY, 29 JUN 2023  |  NEWS
... Established in 2021, the EAC aims to support the development and advancement of ESG strategy across the MaxCap Group business. Executive chair Wayne Lasky commented: "We are delighted to welcome another very high-calibre professional to our EAC. Chris ...

Aussie businesses building climate resilience: FM Global

RACHEL ALEMBAKIS  |  THURSDAY, 29 JUN 2023  |  NEWS
... quality and supply chain measures, including climate and broader ESG metrics. The tool enables companies to augment their business risk assessments, make decisions around new facilities, evaluate supply chains and perform due diligence for mergers and ...

Treasury seeks feedback on mandatory climate-related financial disclosures

ROSE MARY PETRASS  |  WEDNESDAY, 28 JUN 2023  |  NEWS
... paper released today is the next step in delivering the government's commitment to ensuring Australia's large business and financial institutions provide more information and greater transparency on how they are responding to climate change and ...