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Showing 71 - 80 of 351 results for "banking"

Podcast: Banking on the future with Australia's green bank

THE GREENER WAY  |  MONDAY, 15 JAN 2024  |  NEWS
The Clean Energy Finance Corporation is Australia's green bank. Over the last 10 years, the CEFC has deployed more than ten billion dollars to invest in decarbonising Australia with an annualised cumulative return of 4.24%. But almost more importantly ...

Report reveals progress on green finance

ROSE MARY PETRASS  |  WEDNESDAY, 10 JAN 2024  |  NEWS
Current financial regulations and central banking activities have an outsized focus on climate, and neglect broader impacts such as biodiversity loss and its effects on communities who rely on nature for their livelihoods. While progress has been made ...

QIC secures US$300m SLL

ROSE MARY PETRASS  |  THURSDAY, 14 DEC 2023  |  NEWS
... loan (SLL). Lenders are Commonwealth Bank of Australia, ANZ, ING Group, Mitsubishi UFJ Financial Group, Sumitomo Mitsui Banking Corporation, Mizuho Bank, Scotia, and Bank of China. The SLL is attached to QIC' s second infrastructure fund. With US$20.9 ...

Agriculture funding takes the stage at COP28

RACHEL ALEMBAKIS  |  MONDAY, 11 DEC 2023  |  NEWS
... agricultural and land assets is a key challenge for Australia. Climate risk reporting platform Wollemi notes that the Australian banking sector is highly exposed to agriculture, lending $92 billion to agro-business. Wollemi aggregates agro-climate and ...

$50 million backing for Conscious Investment Management fund

RACHEL ALEMBAKIS  |  MONDAY, 27 NOV 2023  |  NEWS
... non-executive director and chair of Cafs. Previously, White held senior roles at Challenger Financial Services, HSBC and ANZ Banking Group. CIMSHF2 is currently open for investment. The fund is a 12-year closed end, capital call vehicle and is targeting ...

Nature-related risk a potential risk to directors

RACHEL ALEMBAKIS  |  THURSDAY, 16 NOV 2023  |  NEWS
... of climate change and biodiversity loss. Catherine Rossiter is a long-term shareholder of the Australia and New Zealand Banking Group. Rossiter, who is represented by Equity Generation Lawyers, accuses the bank of not having adequate risk management ...

ANZ in court over climate and nature risk failure

ROSE MARY PETRASS  |  THURSDAY, 9 NOV 2023  |  NEWS
... of climate change and biodiversity loss. Catherine Rossiter is a long-term shareholder of the Australia and New Zealand Banking Group. Rossiter, who is represented by Equity Generation Lawyers, accuses the bank of not having adequate risk management ...

Deutsche Bank finances Taiwan's largest offshore wind farm

ROSE MARY PETRASS  |  THURSDAY, 9 NOV 2023  |  NEWS
German's largest banking institution has completed a deal-contingent interest rate hedge and tailored financing for Taiwan's largest offshore wind project to date. Upon completion the 1.0-gigawatt Hai Long, developed and owned by Canada's Northland ...

"Looming" governance gap as reporting becomes mandatory

ROSE MARY PETRASS  |  WEDNESDAY, 8 NOV 2023  |  NEWS
... considerations and mandatory reporting fast approaching, technical and sectoral specialists are being recruited into core banking and investment teams. Professionals with a background in climate, biodiversity and human rights are in high demand, as well ...

Treasury launches sustainable finance strategy

RACHEL ALEMBAKIS  |  THURSDAY, 2 NOV 2023  |  NEWS
... year, the five largest banks in Australia were assessed by APRA on the estimated future impact of climate change on the banking sector and how the banks might respond to anticipated physical and transition risks. The results suggest that climate risk ...