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Showing 1 - 10 of 189 results for "ANZ"

CommBank exits fossil fuels as rivals fund Santos

ROSE MARY PETRASS  |  MONDAY, 19 AUG 2024  |  NEWS
... The bank's upstream oil and gas lending exposure nearly halved from $3.3 billion in 2022 to $1.7 billion in 2024. Meanwhile, ANZ, NAB and Westpac are currently arranging a $750 million loan to energy giant Santos; according to Market Forces, CommBank ...

Gender lens investing to receive $1.5bn injection

MICHELLE BALTAZAR  |  FRIDAY, 2 AUG 2024  |  NEWS
ANZ bank, fund manager Nuveen and the Australian Department of Finance and Trade (DFAT) are part of a steering committee backing Indonesia's move to raise $1.5 billion in gender-based capital by next year. The agreement was struck at a roundtable meeting ...

TelstraSuper appoints ESG lead

ELIZABETH FRY  |  THURSDAY, 18 JUL 2024  |  NEWS
... Corporation. She has deep experience in corporate governance, having served as group sustainability manager at Westpac and ANZ, stationarity strategy adviser at Australia Post and as an environmental analyst at Eurofins. TelstraSuper head of sustainable ...

Banks to refund millions following ASIC review

ROSE MARY PETRASS  |  MONDAY, 15 JUL 2024  |  NEWS
... Nations banking customers will receive a refund of more than $28m following the corporate watchdog's review into bank fees. ANZ, Bendigo and Adelaide Bank, CBA and Westpac kept at least two million low-income Australians in high-fee accounts, 'Better ...

Fossil fuel funding down 20pc: study

ROSE MARY PETRASS  |  FRIDAY, 24 MAY 2024  |  NEWS
... had the least commitment overall of $10.7bn since 2016 but provided a higher $696 million in financing last year. Meanwhile, ANZ Bank recorded $25.3bn since 2016 and $1.7bn last year while National Australia Bank provided $16.7bn since 2016 and $1.6bn ...

Auditors lambast mandatory climate reporting requirements

ELIZA BAVIN  |  MONDAY, 29 APR 2024  |  NEWS
... not-for-profits and companies limited by guarantee, according to a new survey. The survey was conducted by Chartered Accountants ANZ (CA ANZ) between 12 and 17 April 2024 and found members were not happy about the new obligations. "No one is denying ...

ISPT issues $1.5bn sustainably linked loan facility

ANDREW MCKEAN  |  MONDAY, 22 APR 2024  |  NEWS
... split across five and seven-year tenors and has attracted participation from 20 lenders. Commonwealth Bank of Australia (CBA), ANZ, Westpac, and HSBC acted as joint mandated lead arrangers and bookrunners and joint sustainability coordinators. With the ...

Funding green buildings risks greenwashing accusations

ROSE MARY PETRASS  |  THURSDAY, 18 APR 2024  |  NEWS
... date a total of $184 billion in combined fund flows have been moved into SFT's by Australia and New Zealand Banking Group (ANZ), National Australia Bank (NAB), Commonwealth Bank of Australia (CBA), and Westpac. CBA's target is $70 bn by 2030. It's current ...

Philanthropic donations under scrutiny

ROSE MARY PETRASS  |  THURSDAY, 4 APR 2024  |  NEWS
... companies that donated prohibit political donations, Woodside Energy told FS Sustainability that its Voice donation was political. ANZ, Commonwealth Bank, Westpac and Woodside are among the large firms that made donations to campaign groups in the lead ...

Tracking nature: finance lags on biodiversity

ROSE MARY PETRASS  |  THURSDAY, 29 FEB 2024  |  NEWS
... abuses linked to deforestation have been largely overlooked, the think tank found. Australia and New Zealand Banking Group (ANZ) was the only financier that required holdings to have a zero-tolerance approach to violence in their supply chains. Just ...
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