Posted By Rachel Alembakis on in Corporate Reporting, Fund Management, Social, Top News

National Australia Bank (NAB) and Life Without Barriers have launched a social benefit bond (SBB) that targets criminal offending by young people in Queensland.

James Wadell, director of NAB’s Capital Financing Solutions team

This is Queensland’s first SBB, and will seek to reduce recidivism by young people. The bond is arranged and managed by NAB, and will fund the establishment of Queensland’s first Multi Systemic Therapy (MST) program, which will be delivered by social purpose organisation Life Without Barriers (LWB). 

 

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Rachel Alembakis

Rachel Alembakis

Publisher/Editor at The Sustainability Report
Rachel Alembakis has published The Sustainability Report since 2011. She has more than a decade of experience writing about institutional investments and pension funds for a variety of publications.
Rachel Alembakis

Rachel Alembakis has published The Sustainability Report since 2011. She has more than a decade of experience writing about institutional investments and pension funds for a variety of publications.

Rachel Alembakis

Rachel Alembakis

Publisher/Editor at The Sustainability Report
Rachel Alembakis has published The Sustainability Report since 2011. She has more than a decade of experience writing about institutional investments and pension funds for a variety of publications.
Rachel Alembakis

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