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Showing 981 - 990 of 3631 results for Rachel Alembakis

APRA to conduct climate vulnerability assessment on banks

RACHEL ALEMBAKIS  |  THURSDAY, 6 MAY 2021  |  NEWS
APRA is developing a framework to assess Australia's largest banks for their vulnerability to climate risk. APRA is working in partnership with the country's five largest banks to design a climate vulnerability assessment (CVA) which will assess not ...

Trustees squeezed by competing climate risk pressures

RACHEL ALEMBAKIS  |  THURSDAY, 6 MAY 2021  |  NEWS
Super fund trustees are "squeezed" when it comes to managing climate risk, between members seeking divestment, regulatory guidance on managing climate risk, and proposed legislation that may limit access to proxy advisers, according to the chair of ...

Property fund inks multi-billion dollar sustainability linked loan

RACHEL ALEMBAKIS  |  THURSDAY, 6 MAY 2021  |  NEWS
Australia's largest sustainability linked loan (SLL) has been inked, providing nearly $3 billion in finance linked to ESG improvements across a diversified property portfolio. Industry Super Property Trust (ISPT) has completed the SLL transaction ...

ARENA commits more than $100 million to clean hydrogen projects

RACHEL ALEMBAKIS  |  WEDNESDAY, 5 MAY 2021  |  NEWS
The Australian Renewable Energy Agency (ARENA) has approved more than $100 million towards three commercial-scale renewable hydrogen projects. ARENA will provide up to $42.5 to Engie Renewables Australia Pty Ltd (Engie)'s 10 MW electrolyser project ...

AMP Capital Wholesale Office Fund hits net zero target

RACHEL ALEMBAKIS  |  TUESDAY, 4 MAY 2021  |  NEWS
AMP Capital's Wholesale Office Fund (AWOF) has achieved net zero carbon status for its internally managed assets with a new renewable Power Purchase Agreement (PPA). The PPA with Diamond Energy is linked to solar farms in central NSW. AMP Capital explains ...

Australian Retailers Association appoints director of sustainability

RACHEL ALEMBAKIS  |  MONDAY, 3 MAY 2021  |  NEWS
The Australian Retailers Association (ARA) has strengthened its focus on sustainability with the appointment of Jason Robertson to the newly created role of director, sustainability and impact. Robertson will lead the development of a sector wide sustainability ...

First Sentier launches private debt strategy with renewable energy assets

RACHEL ALEMBAKIS  |  MONDAY, 3 MAY 2021  |  NEWS
First Sentier Investors has launched a private debt strategy that is initially focusing on loans to the renewable energy sector. The sustainable debt strategy has attracted a cornerstone investor that has made a financial commitment through a standalone ...

AICD presses case for stakeholder role in governance

RACHEL ALEMBAKIS  |  THURSDAY, 29 APR 2021  |  NEWS
Recent governance failures at companies such as Rio Tinto and AMP show the risks and damage caused when decisions are disconnected from stakeholder interests, according to a new guide to stakeholder engagement by the Australian Institute of Company ...

Steep rise in demand for ESG wealth management products: EY

RACHEL ALEMBAKIS  |  THURSDAY, 29 APR 2021  |  NEWS
A majority of Australians say they have sustainability goals for their investments, but many feel their wealth manager "falls short" in understanding their values. There is an overall growth in "for purpose" investing in wealth management clients, according ...

New CEO search underway for IGCC

RACHEL ALEMBAKIS  |  THURSDAY, 29 APR 2021  |  NEWS
The chief executive officer of the Investor Group on Climate Change (IGCC) will step down after six years in the role to join a leading professional services firm. Emma Herd joined IGCC in 2015 following fifteen years in sustainable finance in the banking ...