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Showing 1 - 10 of 402 results for "financing"

Fossil fuel funding down 20pc: study

ROSE MARY PETRASS  |  FRIDAY, 24 MAY 2024  |  NEWS
Financing for fossil fuel companies has fallen sharply overall since the Paris Agreement was inked in 2016 but progress among the world's top banks has been mixed. The world's 60 largest banks, including Australia's Big Four banks, committed US$6.9 ...

Budget 2024: Additional $11.3bn promised for housing

ELIZA BAVIN  |  WEDNESDAY, 15 MAY 2024  |  NEWS
... help more Australians buy their own home $2.7 billion to increase Commonwealth Rent Assistance by 15% $2 billion in financing for more social and affordable rental homes The Albanese government has an ambitious goal of building 1.2 million homes by the ...

J.P. Morgan vows $2.5 tn for sustainable development

ROSE MARY PETRASS  |  WEDNESDAY, 24 APR 2024  |  NEWS
The US banking giant will bolster its sustainable development financing through to the end of the decade, including $1 trillion for green initiatives. J.P. Morgan Chase & Co estimates that the allocation of capital needed to fund the net zero transition ...

Funding green buildings risks greenwashing accusations

ROSE MARY PETRASS  |  THURSDAY, 18 APR 2024  |  NEWS
... lion's share of the big four banks' sustainable finance target (SFT) of $385 billion by 2030 - while just 7% flows to financing clean energy and hard-to-abate sectors. There is a green financing shortfall across key sectors including energy, transport ...

Borrowers pressured for plans as Scope 3 left in dust

ROSE MARY PETRASS  |  MONDAY, 8 APR 2024  |  NEWS
... the journey toward net zero will occur at different speeds in every industry and country. "We support our clients in financing their transition to low-carbon business models and innovating clean technologies, whilst also supporting clients who supply ...

Fund managers "eagerly" await green Treasury bond

ROSE MARY PETRASS  |  MONDAY, 25 MAR 2024  |  NEWS
... The four-week roadshow will commence 11 April 2024 leading up to an initial public offering. Eligibility criteria for financing includes strong alignment with the Australian government's three key green goals: climate change mitigation, climate change ...

Mercer nabs Aware sustainability expert

ELIZABETH FRY  |  MONDAY, 25 MAR 2024  |  NEWS
... tailored ESG analysis and strategy. The senior analyst began his career in the financial markets at Varna Capital, a financing company that provides solutions for property developers. "With global ESG investment experience in both asset management and ...

Deutsche Bank links 33% of long-term bonuses to non-financial targets

ROSE MARY PETRASS  |  WEDNESDAY, 20 MAR 2024  |  NEWS
... finance components into executive pay in 2020. Executive pay will be set against targets such as the amount of sustainable financing and ESG investments, the reduction of electricity consumption in the bank's buildings, climate risk management, improvements ...

Super battle on impact investing and returns

ROSE MARY PETRASS  |  MONDAY, 18 MAR 2024  |  NEWS
... Investors (ACSI) conference representatives from Industry Super, Aware Super and HESTA pushed back - telling the crowd that financing the energy transition and solutions for the housing crisis were not in the super funds' mandates. Some Aussie super ...

CBA launches green business loan

ROSE MARY PETRASS  |  MONDAY, 18 MAR 2024  |  NEWS
Australia's largest lender has rolled out a new financing option for enterprises to fund sustainability projects like renewable energy, energy-efficient upgrades, climate resilience, and nature protection. The Business Green Loan supports organisations ...
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