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Showing 51 - 60 of 65 results for %22sustainability linked loan%22

Companies expect increase in sales linked to sustainability: HSBC

RACHEL ALEMBAKIS  |  THURSDAY, 3 DEC 2020  |  NEWS
Companies in Australia expect an increase in sales as a direct result of efforts to incorporate sustainability in their business, according to a survey from HSBC. According to HSBC's Navigator survey, 84% of Australian companies expect sales growth ...

Green loans in "nascent" stage: Climate Bonds Initiative

RACHEL ALEMBAKIS  |  THURSDAY, 15 OCT 2020  |  NEWS
... certified under the Climate Bonds Standard. The report explores progress to date, best practice labelling, sustainability linked loans (SLL), green consumer loans and provides recommendations on developing the sector. "The green loans market in Australia ...

Wesfarmers director to retire

RACHEL ALEMBAKIS  |  THURSDAY, 24 SEP 2020  |  NEWS
... no explicitly ESG-linked agenda items on the Wesfarmers AGM, although the annual report discloses work towards sustainability targets across divisions. In March of this year, Commonwealth Bank and Wesfarmers signed a $400 million three-year bilateral ...

MUFG appoints Rob Ward head of project finance, ESG finance, Oceania

RACHEL ALEMBAKIS  |  FRIDAY, 31 JUL 2020  |  NEWS
... customer base." In 2019, MUFG announced that it will commit a total sum of JPY20 trillion (USD188 billion) into sustainability related financing by 2030. The bank is also a global leader in renewable generation projects and has also been ranked top lead ...

Pioneer issuance puts COVID-19 bonds on investment agenda

RACHEL ALEMBAKIS  |  FRIDAY, 8 MAY 2020  |  NEWS
... bond framework. It is anticipated that these will not be the only COVID-19 bonds, and experts that spoke with The Sustainability Report believe that Australian issuance is on the cards as well. The robustness of COVID-19 bonds will hinge on the use of ...

ASEAN green bond issuance reaches US$7.8bn: Climate Bond Initiative

RACHEL ALEMBAKIS  |  FRIDAY, 17 APR 2020  |  NEWS
... disparity between nations and the enormous amount of work still to be done. There is no doubt that our exposure to sustainability issues and climate change has the potential to inflict even greater disruption on societies than that which they have to ...

Commonwealth Bank provides sustainability-linked finance to Wesfarmers

RACHEL ALEMBAKIS  |  FRIDAY, 13 MAR 2020  |  NEWS
Commonwealth Bank and Wesfarmers have signed a $400 million three-year bilateral sustainability-linked loan which will link social and environmental outcomes to the cost of finance. Andrew Hinchliff, CBA group executive for institutional banking and ...

Sydney Airport issues $600m bond with sustainability linked tranche

RACHEL ALEMBAKIS  |  FRIDAY, 21 FEB 2020  |  NEWS
... an independent third party, Sustainalytics. "We are also proud to build on our 2019 market-leading sustainability linked loan with an innovative sustainability-linked bond, a first in the US private placement and global bond markets," Botham said. "Our ...

Frasers Property Australia establishes Sustainable Finance Framework

RACHEL ALEMBAKIS  |  FRIDAY, 14 FEB 2020  |  NEWS
... first Sustainable Finance Framework, defining an entire portfolio of sustainable assets and designed to support sustainability-linked bonds and loans. Anthony Boyd, chief financial officer, Frasers Property Australia The announcement of the framework ...

CEFC to provide finance for Bank Australia green home loan program

RACHEL ALEMBAKIS  |  FRIDAY, 17 JAN 2020  |  NEWS
... making these long-term decisions about building and buying new homes." Bank Australia holds a number of "firsts" in sustainability related products and finance. Last year, the customer-owned bank issued a three-year, $125 million sustainability bond ...