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Showing 71 - 80 of 419 results for "banks"

More work needed on climate risk response

ROSE MARY PETRASS  |  THURSDAY, 14 NOV 2024  |  NEWS
... It is the follow-up to APRA's initial voluntary survey on this topic, done in 2022. This time over half of APRA-regulated banks, insurers and superannuation trustees participated. Findings reveal larger entities are more matured than smaller entities ...

Podcast: Environmental impact of artificial intelligence with Prabhakar Srinivasan

THE GREENER WAY  |  TUESDAY, 12 NOV 2024  |  NEWS
... the environmental impact of AI. With a strong presence in the financial space, including some of Australia's largest banks, Synechron brings insights on how companies can harness AI's power sustainably without compromising performance. The host ...

Is 'nature positive' the next big thing?

ROSE MARY PETRASS  |  MONDAY, 11 NOV 2024  |  NEWS
... performed nature-related risk assessments this year, than when they first conducted a nature risk survey in 2022. However, banks are faring better than super funds in managing the risks and setting targets on biodiversity. There is consensus to keep ...

Battery storage the next energy disruptor

MICHELLE BALTAZAR  |  MONDAY, 11 NOV 2024  |  NEWS
... 2032, promising a compound annual growth rate (CAGR) of 20.88% until 2032. "The wind industry took quite a long time for the banks to come on that journey, and the solar industry much shorter - but battery storage - it has come up as this disruptor so ...

Raising the bar on gold integrity

ROSE MARY PETRASS  |  MONDAY, 4 NOV 2024  |  NEWS
... association. The two projects aim to simplify the landscape around voluntary industry-led responsible mining, so that central banks can be assured that their gold is untainted. Central banks are some of the biggest gold buyers in the world, alongside ...

Green finance taxonomy in final throes

ROSE MARY PETRASS  |  FRIDAY, 1 NOV 2024  |  NEWS
... international capital to support our transition and increase access to global green capital markets. "In Europe, several banks are offering price incentives if an activity is aligned to the EU taxonomy. This is game-changing for emerging industries and ...

Green moves at MSCI, Future Fund, Minderoo, U Ethical

ROSE MARY PETRASS  |  THURSDAY, 31 OCT 2024  |  NEWS
... quality data and ratings, advanced analytics and client-led solutions to the world's largest asset managers, asset owners and banks. I am looking forward to leading the next generation of innovation to deliver enhanced solutions and insights to clients." ...

UBS passive strategies flagged on human rights

ROSE MARY PETRASS  |  THURSDAY, 5 SEP 2024  |  NEWS
... company linked to alleged human rights abuses against Uyghur minorities in China. For the first time, the watchdog ruled banks have responsibility for passive investments through index funds. In 2019, CalSTRS, CalPERS, JPMorgan Chase, BNP Paribas, Wells ...

CommBank exits fossil fuels as rivals fund Santos

ROSE MARY PETRASS  |  MONDAY, 19 AUG 2024  |  NEWS
The once-largest fossil fuel lender has changed tack to become the first of the big banks to formally cut ties with coal, oil and gas without credible transition plans, ahead of schedule. Last year, Commonwealth Bank announced that from 2025 it would ...

ISS ESG to plug emissions data shortfall for banks, insurers

MICHELLE BALTAZAR  |  THURSDAY, 1 AUG 2024  |  NEWS
Climate data provider ISS ESG removes one of the biggest hurdles for banks and insurers looking to comply to imminent emissions disclosure laws. This week ISS ESG, the sustainable investment arm of ISS STOXX, announced a string of upgrades to its Climate ...