Archive

  • Australia climate stress tests its five largest banks

    03 September 2021

    The Australian Prudential Regulation Authority (APRA) has published details of an assessment of the country's five largest banks of their vulnerability to physical and transition climate risks.

  • Citigroup, Shell and 3M removed from DJSI World

    16 September 2019

    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.

  • World Bank plans 'blockchain bond'

    13 August 2018

    The World Bank is planning to launch what it claims will be the first global bond to be "created, allocated, transferred and managed ... using distributed ledger technology".

  • Green Climate Fund makes $892m commitments

    06 October 2017

    The Green Climate Fund (GCF) has committed $500 million to a pilot programme that will finance REDD+ emissions reductions projects, and $392 million to fund another 11 climate finance projects in developing countries.

  • CBA to face shareholder resolution on climate commitment

    14 August 2017

    A shareholder resolution will be lodged against Commonwealth Bank of Australia (CBA) to protest against its climate change position statement, which was branded a failure that "falls well short" of the bank's climate commitments.

  • CBA climate change case could have 'global ramifications'

    09 August 2017

    A legal challenge against Commonwealth Bank of Australia (CBA) for inadequate disclosure of climate change risks in its 2016 annual report could have worldwide repercussions, lawyers warned.

  • Green bond roundup - 29 March 2017

    29 March 2017

    The Commonwealth Bank of Australia (CBA) has issued a AUD650 million ($495 million) green bond, its inaugural offering.

  • Deutsche Bank African renewables fund backed in $745m GCF funding round

    21 October 2016

    An African renewable energy fund managed by German lender Deutsche Bank has secured an $80 million anchor investment from the Green Climate Fund (GCF).