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Showing 1 - 10 of 68 results for "CBA"

Decarbonising aluminium key priority for Capral

RACHEL ALEMBAKIS  |  MONDAY, 19 FEB 2024  |  NEWS
Decarbonising aluminium's supply chain is a key business and industry aim for aluminium extruder and distributor Capral. Capral is Australia's largest aluminium extrusion business with 65,000 tonnes capacity, six manufacturing bases in Australia and ...

Student accommodation provider inks billion-dollar SLL

RACHEL ALEMBAKIS  |  TUESDAY, 17 OCT 2023  |  NEWS
... provided the sustainability outcomes can be met across all of Scape's 27 assets in Sydney, Melbourne, Brisbane and Adelaide. CBA and ANZ served as joint sustainability coordinator and were part of the 12 lenders to the SLL. Among other commitments, Scape ...

New EU rules at the border and beyond

ROSE MARY PETRASS  |  TUESDAY, 10 OCT 2023  |  NEWS
Stay ahead of new EU sustainability rules at the border and beyond: World-first European Green Bond standard, EU launches Carbon Border Adjustment Mechanism (CBAM), Corporate Sustainability Reporting Directive (CSRD) slated for 2024. World-first European ...

Australia considers carbon tariff to level playing field

RACHEL ALEMBAKIS  |  THURSDAY, 7 SEP 2023  |  NEWS
The Australian government is considering introducing a carbon tariff on carbon-intensive imports such as steel and cement to level the playing field for Australian business that are incurring costs to decarbonise their products. If Australia introduces ...

Pact Group sells stake in crate pooling business

RACHEL ALEMBAKIS  |  THURSDAY, 17 AUG 2023  |  NEWS
... with Asahi and Coca-Cola in the CPA facility, which received financing from the Clean Energy Finance Corporation (CEFC) and CBA in 2021. "We work at a whole-of-industry approach, and the advantage is that it you could have a waste material without a ...

University secures $450 million sustainability-linked loan

RACHEL ALEMBAKIS  |  THURSDAY, 20 JUL 2023  |  NEWS
... materiality of these goals to the University's operations, show how SLLs can support issuers to achieve their ambitions," said CBA executive general manager global client solutions Deborah Leerhsen. "Importantly, Macquarie continues to aim higher - demonstrating ...

Western Australia issues first green bond

RACHEL ALEMBAKIS  |  WEDNESDAY, 21 JUN 2023  |  NEWS
... rebates and standalone power systems. ANZ Bank, and UBS AG, Australia Branch acted as joint sustainability advisers, while ANZ, CBA, UBS AG Australia Branch and Westpac acted as joint lead managers on the transaction. "The successful issue of the state's ...

CBA invests in native seed merchant

RACHEL ALEMBAKIS  |  THURSDAY, 1 JUN 2023  |  NEWS
... invested in a native seed merchant as part of its strategy to develop carbon sequestration and biodiversity restoration projects. CBA has taken on a minority equity stake in Nindethana Seed Service Pty Ltd (Nindethana). The deal sees CBA enter into a ...

Apostle Funds Management launches carbon credit fund

RACHEL ALEMBAKIS  |  MONDAY, 27 MAR 2023  |  NEWS
TelstraSuper has backed Apostle Funds Management's new global carbon credit fund, which offers exposure to carbon prices through five major global markets. The Apostle Global Carbon Credit Fund offers exposure to global carbon markets for sophisticated ...

Government's Climate Active certification challenged over possible greenwashing

RACHEL ALEMBAKIS  |  WEDNESDAY, 15 FEB 2023  |  NEWS
... and purchasing carbon credits like ACCUs. There are 382 entities operating in Australia with Climate Active certification, CBA said last year. The Australia Institute notes that the Climate Active scheme has certified Australian businesses including ...
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