Archive

Australia debut green bond expected from mid-May

Australia will issue its debut 10-year sovereign green bond between mid-May and the end of June, it emerged, as the sovereign announced it will launch investor roadshows from April.

Australian sustainable bond issuance cools amid regulatory scrutiny

Australian corporate issuers have "taken their foot off the pedal" on their sustainable bond plans amid market volatility and increasing scrutiny by regulators looking for cases of 'greenwashing', NAB's David Jenkins tells Ahren Lester.

NAB, UBS hired as Australian sovereign green bond structurers

Australian regulator reveals prospect of bank losses from climate change

Australia's largest banks should be prepared to face 'financial challenges' resulting from losses caused by the effects of climate change, a vulnerability assessment by the regulator has found.

$69bn investment needed in Australian heavy industry net zero drive

CIBC, NatWest, Itaú and NAB to launch voluntary carbon market

NAB faces flak over Port of Newcastle sustainability-linked loan

National Australia Bank (NAB) has faced criticism after it helped lead a sustainability-linked loan and green loan to the Port of Newcastle (PON) in Australia - which facilitates the largest coal export throughput in the world - with one campaigner arguing that it also raises questions about the validity of NAB's green bonds.

News round-up: Verra farming credits, 'social' in spotlight, EU fossil fuel subsidies ... and more

Citigroup, Shell and 3M removed from DJSI World

S&P Dow Jones Indices (DJI) and RobecoSAM have reviewed the companies in the Dow Jones Sustainability Index (DJSI) World and removed Citigroup, Shell and 3M from it. Citigroup remains in the DJSI North America, however.

Australia launches HLEG-style sustainable finance initiative

A group of leaders and senior executives at Australia’s major banks, superannuation funds and insurance companies has been assembled to devise a sustainable finance ‘roadmap’.