Search Results

Showing 41 - 50 of 239 results for "Commonwealth"

Philanthropic donations under scrutiny

ROSE MARY PETRASS  |  THURSDAY, 4 APR 2024  |  NEWS
... prohibit political donations, Woodside Energy told FS Sustainability that its Voice donation was political. ANZ, Commonwealth Bank, Westpac and Woodside are among the large firms that made donations to campaign groups in the lead up to the referendum. ...

Fund managers "eagerly" await green Treasury bond

ROSE MARY PETRASS  |  MONDAY, 25 MAR 2024  |  NEWS
Commonwealth Bank of Australia, Deutsche Bank, National Australia Bank, UBS AG Australia Branch and Westpac Banking Corporation have been appointed as Joint Lead Managers (JLMs) for the initial public offering of the first June 2034 green Treasury bond. ...

CBA launches green business loan

ROSE MARY PETRASS  |  MONDAY, 18 MAR 2024  |  NEWS
... environmental conservation and climate action through tailored terms to suit individual project, asset or funding needs. The Commonwealth Bank of Australia's (CBA) 2030 Sustainability Funding Target (SFT) aims to deliver $70 billion in cumulative ...

More calls for adaptation

ROSE MARY PETRASS  |  THURSDAY, 14 MAR 2024  |  NEWS
... impact of climate change emphasises the importance of avoiding even more warming," McAllister told the crowd at the Commonwealth Bank sustainability summit, held at the Sydney International Convention Centre on Tuesday. "There will be some risks that ...

Government to pay super on paid parental leave

JAMIE WILLIAMSON  |  MONDAY, 11 MAR 2024  |  NEWS
If it wins the next election, the Albanese government has announced the Commonwealth Paid Parental Leave (PPL) scheme will include Superannuation Guarantee contributions from next year. In a major win for the super industry and Australian women, 12% ...

ASX 200 lacks sourcing transparency

ROSE MARY PETRASS  |  MONDAY, 4 MAR 2024  |  NEWS
... exchange-traded funds affiliated with financial institutions such as big banks. Betashares, Vanguard, Magellan, and the Commonwealth Bank had multiple funds listed on the ASX - with 5, 6, 3, 3, and 2 funds listed, respectively. The funds only have one ...

QIC secures US$300m SLL

ROSE MARY PETRASS  |  THURSDAY, 14 DEC 2023  |  NEWS
... fund manager has converted a finance facility into a US$300 million sustainability-linked loan (SLL). Lenders are Commonwealth Bank of Australia, ANZ, ING Group, Mitsubishi UFJ Financial Group, Sumitomo Mitsui Banking Corporation, Mizuho Bank, Scotia ...

Net zero roadmap shifts public service spending to green

RACHEL ALEMBAKIS  |  THURSDAY, 30 NOV 2023  |  NEWS
... rolled out a net zero 2030 target for Scope 1 and Scope 2 emissions. The policy will initially cover 100 non-corporate Commonwealth entities, with some security exclusions such as the Department of Defence. Departments that fall under non-corporate Commonwealth ...

Nature-related risk a potential risk to directors

RACHEL ALEMBAKIS  |  THURSDAY, 16 NOV 2023  |  NEWS
... headline conclusion of Nature-related risks and directors' duties, authored by Pollination in collaboration with the Commonwealth Climate and Law Initiative. The opinion was written by Sebastian Hartford-Davis and Zoe Bush "Directors should cause ...

ANZ in court over climate and nature risk failure

ROSE MARY PETRASS  |  THURSDAY, 9 NOV 2023  |  NEWS
... increased its lending to fossil fuel projects in 2022 to $2.6 billion - up from $2 billon in 2021. In contrast, the Commonwealth Bank reduced its lending from $1.3 billion in 2021 to $267 million in 2022. ANZ also reported a combined $52 billion exposure ...