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Showing 21 - 30 of 1070 results for "ban"

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

ROSE MARY PETRASS  |  WEDNESDAY, 20 MAR 2024  |  NEWS
One of the world's largest financial institutions now ties a whopping third of long-term bonuses to sustainability and social objectives for the first time, starting this year. The change was outlined in its latest non-financial report outlining progress ...

Members beef up ESG checks

ROSE MARY PETRASS  |  TUESDAY, 19 MAR 2024  |  NEWS
A new report reveals that investors are keener than ever to secure their financial future by investing responsibly and will pull their money if their manager doesn't do so. A whopping 88% of Aussies expect their super, bank accounts, and other investments ...

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 ...

Greenwashing remains a priority: ASIC

MICHELLE BALTAZAR  |  MONDAY, 18 MAR 2024  |  NEWS
The call to stamp greenwashing at the root may have the potentially unintended consequence of stopping big companies from doing a better job at tackling environmental risks, including climate change. It was a packed room last Thursday at the annual ...

More calls for adaptation

ROSE MARY PETRASS  |  THURSDAY, 14 MAR 2024  |  NEWS
Adaptation should be rolled out alongside emissions mitigation, says assistant minister for climate change and energy Jenny McAllister. It is estimated that climate change will cost US$1.7-3.1 trillion a year through to 2050 globally. For example, the ...

New Forests appoints first global head of funds

ANDREW MCKEAN  |  WEDNESDAY, 13 MAR 2024  |  NEWS
New Forests has named Macquarie Asset Management (MAM) veteran Michelle Elliot as its global head of funds. In the newly created role, Elliot will be responsible for improving investment, operations, and investment analytics to support the investment ...

Major indices provide ESG clarity

ROSE MARY PETRASS  |  TUESDAY, 12 MAR 2024  |  NEWS
New data has been released by major indices, hoping to help investors and the businesses they invest in to navigate biodiversity and sustainable finance requirements. The firms, S&P Dow Jones and Deutsche Bank, recently responded to allegations they ...

Canberra funds $111m EV transition

ROSE MARY PETRASS  |  MONDAY, 11 MAR 2024  |  NEWS
Australia's two premier investment vehicles have allocated $55 million in a move aimed at attracting investment and boosting affordability. The Australian Federal Government's Clean Energy Finance Corporation (CEFC) and Australian Renewable Energy Agency ...

ESG indices linked to Myanmar junta

ROSE MARY PETRASS  |  THURSDAY, 7 MAR 2024  |  NEWS
Major ESG indices have responded to allegations they listed companies with links to the Myanmar military junta. The indices, MSCI, FTSE Russell and S&P Dow Jones, were used by BlackRock, Deutsche Bank, Northern Trust, State Street and Vanguard to model ...

Climate group exodus unlikely to hinder climate action: IGCC

ROSE MARY PETRASS  |  THURSDAY, 7 MAR 2024  |  NEWS
Invesco is the latest departure from the Climate Action 100+ network, as four major US banks leave climate benchmark group the Equator Principles. Insiders insist the news has been sensationalised by the media and that more firms are joining than are ...