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Showing 41 - 50 of 214 results for "Basel"

APRA releases annual corporate plan

CASSANDRA BALDINI  |  MONDAY, 8 AUG 2022
... inflation and increasing interest rates. Embed key prudential reforms including "unquestionably strong" capital ratios, Basel III requirements and Prudential Standard CPS 511 Remuneration. Embed good governance, risk culture, remuneration and accountability ...

NGS Super divests oil, gas producers

RACHEL ALEMBAKIS  |  FRIDAY, 5 AUG 2022
NGS Super has divested from more than $190 million in oil and gas exploration and production companies, predominantly Woodside and Santos. The divestment is in line with the fund's announced target of a 35% reduction of Scope 1 and Scope 2 carbon ...

MSCI launches emissions measuring tool

CASSANDRA BALDINI  |  WEDNESDAY, 6 JUL 2022
MSCI has launched Total Portfolio Footprinting, helping financial institutions measure carbon emissions across lending and investments as part of the transition to a net zero economy. The global tools provider said in a statement "Total Portfolio Footprinting ...

Qantas Super invests $2bn in Calvert, Goldman Sachs

ANDREW MCKEAN  |  MONDAY, 6 JUN 2022
Qantas Super has announced a $2 billion investment in Calvert Research and Management and Goldman Sachs Asset Management to reduce its carbon intensity. The corporate super fund hopes the partnership with Calvert and Goldman Sachs will help it achieve ...

NGS to reduce emissions 35% in three years

RACHEL ALEMBAKIS  |  FRIDAY, 13 MAY 2022
The super fund is aiming to reduce its carbon footprint by 35% by 2025 en route to its 2030 net carbon zero target. "We have set this very aggressive target of 2030 to decarbonise the portfolio, and we are much more confident at this point in time that ...

Pension scheme, UBS divest energy companies

JAMIE WILLIAMSON  |  TUESDAY, 21 DEC 2021
A UK pension scheme and UBS Asset Management have called time on investments in five energy companies that are not working towards a low carbon economy. Nest and UBS AM have sold shares in Exxon Mobil, Imperial Oil, Kepco, Marathon Oil and Power Assets ...

State Super sets net zero targets

JAMIE WILLIAMSON  |  MONDAY, 13 DEC 2021
State Super is committing to an ambitious net zero target, which includes reducing greenhouse gas emissions across its portfolio by 45% come 2030. In a plan formulated with TCorp and Mercer, State Super is looking to achieve net zero status across its ...

APRA finalises new bank capital framework

CHLOE WALKER  |  TUESDAY, 30 NOV 2021
... capital framework, designed to strengthen levels of capital and align Australian standards with the internationally agreed Basel III requirements. The new regime, which APRA has been consulting on for four years, will help to ensure Australian banks ...

Economic recap: Week to August 27

BENJAMIN ONG  |  MONDAY, 30 AUG 2021
All talk and still no taper (yet). Along with the declaration of "mission accomplished" in the planet's war against the COVID-19 pandemic, the Fed's annual Kansas City Fed's Jackson Hole symposium is the most widely anticipated event of ...

Packhorse acquires inaugural property

KARREN VERGARA  |  MONDAY, 12 JUL 2021
The Packhorse Pastoral Company has secured its first property located in Queensland after raising $62.5 million. The agricultural asset manager acquired Stuart's Creek, an 8360-hectare parcel of land located 45 kilometres north-west of Roma, Queensland. ...