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Showing 71 - 80 of 1070 results for "ban"

Deutsche Bank finances Taiwan's largest offshore wind farm

ROSE MARY PETRASS  |  THURSDAY, 9 NOV 2023  |  NEWS
German's largest banking institution has completed a deal-contingent interest rate hedge and tailored financing for Taiwan's largest offshore wind project to date. Upon completion the 1.0-gigawatt Hai Long, developed and owned by Canada's Northland ...

"Looming" governance gap as reporting becomes mandatory

ROSE MARY PETRASS  |  WEDNESDAY, 8 NOV 2023  |  NEWS
The financial system is rushing to upskill on ESG as the concept becomes more integrated into the industry, with teams increasingly comprising of staff with specialist sustainability skills alongside traditional finance experience. ESG is becoming embedded ...

Igneo refinances green credit facility

RACHEL ALEMBAKIS  |  MONDAY, 6 NOV 2023  |  NEWS
Igneo Infrastructure Partners has refinanced a $750 million revolving cash facility that includes a green tranche credit facility (GTCF). Igneo's Global Diversified Infrastructure Fund (GDIF) has refinanced the facility for a further two year period. ...

Fears grow around greenwashing litigation protections

ROSE MARY PETRASS  |  MONDAY, 6 NOV 2023  |  NEWS
... emissions possible during this time. Lawyers, activists and interest groups have labelled this proposed phase-in approach a "ban" on private litigation, with concerns from climate organisations that the proposed three-year phase-in would be "dangerous." ...

Most inclusive Aussie orgs named

ROSE MARY PETRASS  |  MONDAY, 6 NOV 2023  |  NEWS
Fossil-free super fund Future Group, member-owned Great Southern Bank QIC and non-bank lender Brighten Home Loans are among 82 Australian organisations deemed most committed to diversity and inclusion. In partnership with non-profit cultural centre ...

Treasury launches sustainable finance strategy

RACHEL ALEMBAKIS  |  THURSDAY, 2 NOV 2023  |  NEWS
The government has announced plans to create a labelling regime for sustainable investment products, including managed funds and super fund options as well as plans to have an unnamed government body maintain a forthcoming sustainable finance taxonomy ...

Climate change a risk to financial stability: RBA

RACHEL ALEMBAKIS  |  THURSDAY, 2 NOV 2023  |  NEWS
Climate change is one of the emerging risks to financial stability "for which there is no historical precedent to guide us," according to a speech by RBA Assistant Governor Brad Jones. In a recent speech addressing the risks Australia is likely to confront ...

Nearly a quarter of Australian bank debt has nature-related risk

ROSE MARY PETRASS  |  WEDNESDAY, 1 NOV 2023  |  NEWS
Approximately $260 billion of all outstanding Australian bank loans, or 22% of bank lending, are highly exposed to nature-related risk. Ernst & Young Australia and the Australian Conservation Foundation released a report finding that banks that are ...

Investors press Boral for clarity on net zero ambitions

RACHEL ALEMBAKIS  |  THURSDAY, 26 OCT 2023  |  NEWS
Construction materials company Boral is in investors' spotlight after walking back its 2025 interim net zero commitment on the way to decarbonizing by 2050. Investors participating in the Climate Action 100+ engagement with Boral, a list participant ...

Role for finance after No vote

ROSE MARY PETRASS  |  THURSDAY, 26 OCT 2023  |  NEWS
Despite being voted down by the Australian public, the First Nations Voice to Parliament saw support from the private sector which viewed the federal advisory body as the next step for reconciliation. As the dust settles, experts say finance has an ...