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Showing 1 - 10 of 127 results for "Commonwealth Bank"

Shareholders to pressure supermarkets over seafood sourcing

ROSE MARY PETRASS  |  WEDNESDAY, 28 AUG 2024  |  NEWS
... should be easier for shareholders to have these rights." Shareholder pressure is one of triggers that led the Commonwealth Bank to recently make changes to its fossil fuel lending, due to the work of Market Forces. SIX is currently also organising several ...

CommBank exits fossil fuels as rivals fund Santos

ROSE MARY PETRASS  |  MONDAY, 19 AUG 2024  |  NEWS
... 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 not provide loans without strong transition plans. Net zero transition plans are increasingly ...

Cromwell restructures lending facility

ROSE MARY PETRASS  |  MONDAY, 17 JUN 2024  |  NEWS
... and gender pay targets. Cromwell Property Group's loan, which includes eight lenders, was developed with the Commonwealth Bank. Global financial services firm Societe Generale acted as sustainability coordinator. The loan is aligned with the Asia Pacific ...

AOFM launches first Green Treasury Bond

ROSE MARY PETRASS  |  MONDAY, 3 JUN 2024  |  NEWS
... Bond. The $7 billion sovereign green bonds will mature on June 21, 2034 and settlement will occur on June 14. Commonwealth Bank of Australia, Deutsche Bank, National Australia Bank Limited, UBS AG, Australia Branch, and Westpac Banking Corporation are ...

Fossil fuel funding down 20pc: study

ROSE MARY PETRASS  |  FRIDAY, 24 MAY 2024  |  NEWS
... with a total pool of more than $4.5bn in fossil fuel commitments last year. Recording the sharpest drop was Commonwealth Bank, which dropped its commitment from $3.8bn back in 2016 to $567m last year. Over the seven-year period however, the bank had ...

ISPT issues $1.5bn sustainably linked loan facility

ANDREW MCKEAN  |  MONDAY, 22 APR 2024  |  NEWS
... facility is evenly 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. ...

New fintech partnership tracks carbon

ROSE MARY PETRASS  |  FRIDAY, 19 APR 2024  |  NEWS
... 20 banks across 12 countries and plans to double this figure over the next year. Its clients include Westpac, Commonwealth Bank, Suncorp Bank, Kiwibank, ING Group, and NatWest. "Many markets are primed for dramatic shifts towards sustainability and banks ...

Funding green buildings risks greenwashing accusations

ROSE MARY PETRASS  |  THURSDAY, 18 APR 2024  |  NEWS
... 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 allocations to buildings are eight times the amount ...

Philanthropic donations under scrutiny

ROSE MARY PETRASS  |  THURSDAY, 4 APR 2024  |  NEWS
... 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 up to the referendum. ...

Fund managers "eagerly" await green Treasury bond

ROSE MARY PETRASS  |  MONDAY, 25 MAR 2024  |  NEWS
Commonwealth Bank of Australia, Deutsche Bank, National Australia Bank, UBS AG Australia Branch and Westpac Banking Corporation have been appointed as Joint Lead Managers (JLMs) for the initial public offering of the first June 2034 green Treasury bond. ...
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