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Showing 41 - 50 of 143 results for "Westpac"

Westpac inks $350 million sustainability linked loan

RACHEL ALEMBAKIS  |  THURSDAY, 18 MAR 2021  |  NEWS
Westpac has structured a $350 million sustainability-linked loan (SLL) that ties the interest rate to how a company performs on social issues that are material to the company's performance. The three year loan to G8 Education, Australia's largest ...

Measuring the gap between ASX board ethics, exec performance

RACHEL ALEMBAKIS  |  THURSDAY, 11 MAR 2021  |  NEWS
... of the Actuaries Institute. The study focussed on two case studies from the Royal Commission dealing with activities at Westpac and Commonwealth Bank, and Rafe said there was a disconnect between the values of the organisation and the routine actions ...

Green loans in "nascent" stage: Climate Bonds Initiative

RACHEL ALEMBAKIS  |  THURSDAY, 15 OCT 2020  |  NEWS
... meet their international climate obligations," said Didier Van Not, general manager, corporate and institutional banking, Westpac Institutional Bank. "Support from markets and institutional investors, increased adoption of green bonds, loan and sustainability-linked ...

First State Super joins Tobacco Free Finance Pledge Stamp

RACHEL ALEMBAKIS  |  FRIDAY, 29 MAY 2020  |  NEWS
... Super, the Minderoo Group and Minderoo Foundation, MTAA Super, NZ Superanuation Fund, SunSuper, Talaria, VicSuper, and Westpac.

Pioneer issuance puts COVID-19 bonds on investment agenda

RACHEL ALEMBAKIS  |  FRIDAY, 8 MAY 2020  |  NEWS
... to include issuance of social bonds explicitly linked to COVID-19 impacts. Michael Chen, head of sustainable finance, Westpac Institutional Bank Thus far, supranational, sovereign and agency (SSA) organisations have been the first entities to issue COVID-19 ...

Genex Power closes $192 million certified green debt funding package

RACHEL ALEMBAKIS  |  FRIDAY, 20 DEC 2019  |  NEWS
... Genex Power. The Clean Energy Finance Corporation (CEFC) is financing the HoldCo facility, while DZ Bank AG, Nord/LB and Westpac Banking Corporation are providing the senior debt loan, Genex said. "The senior debt has the security of the assets and the ...

Creating a values-based financial advisory firm: FPA Congress

RACHEL ALEMBAKIS  |  MONDAY, 2 DEC 2019  |  NEWS
... Commission as well as the newly introduce FASEA Code of Ethics, but in the immediate aftermath of claims by AUSTRAC that Westpac committed 23 million breaches of the anti-money laundering and counter-terrorism financing act, a talk on the subject became ...

Analysis: too big to be sustainable?

RACHEL ALEMBAKIS  |  FRIDAY, 29 NOV 2019  |  NEWS
Two months ago, the Dow Jones Sustainability Indices rated Westpac Australia's most sustainable bank, and the 9th most sustainable bank in the world for its 2019 index series. Rachel Alembakis, editor, The Sustainability Report DJSI isn't the ...

Investors considering their options in voting at Westpac AGM

RACHEL ALEMBAKIS  |  FRIDAY, 29 NOV 2019  |  NEWS
Westpac shareholders are considering whether to vote against the remuneration report at the December 12 AGM, and if a second strike is recorded, if a complete board spill is the right solution to governance failing. Vas Kolesnikoff, head of Australia ...

Market Forces lodges shareholder resolutions with Westpac, NAB, ANZ

RACHEL ALEMBAKIS  |  FRIDAY, 11 OCT 2019  |  NEWS
Market Forces has lodged shareholder resolutions with Westpac, NAB and ANZ, calling on the banks to reduce lending and exposure to fossil fuel companies consistent with the goals of the Paris Agreement on climate change. Climate-related resolutions ...