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Showing 1 - 10 of 122 results for "Commonwealth Bank"

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. ...

CBA launches green business loan

ROSE MARY PETRASS  |  MONDAY, 18 MAR 2024  |  NEWS
... conservation and climate action through tailored terms to suit individual project, asset or funding needs. The Commonwealth Bank of Australia's (CBA) 2030 Sustainability Funding Target (SFT) aims to deliver $70 billion in cumulative funding across ...

More calls for adaptation

ROSE MARY PETRASS  |  THURSDAY, 14 MAR 2024  |  NEWS
... of climate change emphasises the importance of avoiding even more warming," McAllister told the crowd at the Commonwealth Bank sustainability summit, held at the Sydney International Convention Centre on Tuesday. "There will be some risks that are expensive ...

ASX 200 lacks sourcing transparency

ROSE MARY PETRASS  |  MONDAY, 4 MAR 2024  |  NEWS
... exchange-traded funds affiliated with financial institutions such as big banks. Betashares, Vanguard, Magellan, and the Commonwealth Bank had multiple funds listed on the ASX - with 5, 6, 3, 3, and 2 funds listed, respectively. The funds only have one ...

QIC secures US$300m SLL

ROSE MARY PETRASS  |  THURSDAY, 14 DEC 2023  |  NEWS
... manager has converted a finance facility into a US$300 million sustainability-linked loan (SLL). Lenders are Commonwealth Bank of Australia, ANZ, ING Group, Mitsubishi UFJ Financial Group, Sumitomo Mitsui Banking Corporation, Mizuho Bank, Scotia, and ...

ANZ in court over climate and nature risk failure

ROSE MARY PETRASS  |  THURSDAY, 9 NOV 2023  |  NEWS
... increased its lending to fossil fuel projects in 2022 to $2.6 billion - up from $2 billon in 2021. In contrast, the Commonwealth Bank reduced its lending from $1.3 billion in 2021 to $267 million in 2022. ANZ also reported a combined $52 billion exposure ...
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