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Showing 1 - 10 of 150 results for "Westpac"

CommBank exits fossil fuels as rivals fund Santos

ROSE MARY PETRASS  |  MONDAY, 19 AUG 2024  |  NEWS
... 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 is not involved. The ...

TelstraSuper appoints ESG lead

ELIZABETH FRY  |  THURSDAY, 18 JUL 2024  |  NEWS
... Management 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 ...

Banks to refund millions following ASIC review

ROSE MARY PETRASS  |  MONDAY, 15 JUL 2024  |  NEWS
... 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 banking for Indigenous Consumers' ...

SBTi chief Luiz Amaral to step down

ROSE MARY PETRASS  |  THURSDAY, 4 JUL 2024  |  NEWS
... for commodities and finance at the WRI. Susan Jenny Her has prior experience at American Express global company Egencia, Westpac, and Kleinwort Benson Bank. Amaral cited personal reasons for resigning: "These issues require my full attention at this ...

Westpac looks for next CSO

ROSE MARY PETRASS  |  THURSDAY, 6 JUN 2024  |  NEWS
Siobhan Toohill leaves Westpac next month after two years as chief sustainability officer and nine years as group head of sustainability previously. Toohill will also step back from participation as Westpac's representative on the United Nations Environment ...

AOFM launches first Green Treasury Bond

ROSE MARY PETRASS  |  MONDAY, 3 JUN 2024  |  NEWS
... June 14. Commonwealth Bank of Australia, Deutsche Bank, National Australia Bank Limited, UBS AG, Australia Branch, and Westpac Banking Corporation are Joint Lead Managers (JLMs) for the issue. Australia's green bond program has been eagerly awaited ...

Fossil fuel funding down 20pc: study

ROSE MARY PETRASS  |  FRIDAY, 24 MAY 2024  |  NEWS
... $3.8bn back in 2016 to $567m last year. Over the seven-year period however, the bank had financed $17.5bn. By contrast, Westpac had the least commitment overall of $10.7bn since 2016 but provided a higher $696 million in financing last year. Meanwhile ...

ISPT issues $1.5bn sustainably linked loan facility

ANDREW MCKEAN  |  MONDAY, 22 APR 2024  |  NEWS
... 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 transaction ...

New fintech partnership tracks carbon

ROSE MARY PETRASS  |  FRIDAY, 19 APR 2024  |  NEWS
... currently works with 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 ...

Funding green buildings risks greenwashing accusations

ROSE MARY PETRASS  |  THURSDAY, 18 APR 2024  |  NEWS
... 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 it invests in renewables ...
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