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NAB has completed 150-plus renewable energy finance transactions and lent over $11.5 billion. Renewables now make up 75 per cent of its total energy exposures.

The two-year 'Inspire' project report from the IPA highlights solidarity and a need for common reporting standards.

Banks have a pivotal role to play in accelerating the transition to a low carbon economy; they can direct financing towards activities that are aligned to the Paris Agreement, and away from those that are not. They are the key intermediaries of the investment required to reach net zero. And they can help their clients with strategies and products that support the transition toward a sustainable economy. Some are doing better than others.

As part of NAB’s goal of aligning its lending portfolio to net-zero emissions by 2050, today NAB joined the UN-convened Net Zero Banking Alliance

NAB today announced a milestone in its clean energy journey, having successfully closed 150 renewable energy transactions around the world and

The RBA deputy governor agrees with banks that the transition to net zero needs funding, including projects ‘with varying degrees of emissions intensity’.

Date Time Port of Newcastle deal – Key Facts In May 2021, NAB announced its role in the development of a loan for Port of Newcastle. This loan aligned financing for Australia’s largest east coast seaport with long-term environmentally and socially responsible outcomes. As Sustainable Finance Structuring Coordinator, NAB assisted in the development of both a sustainability-linked financing framework and green financing framework with Port of Newcastle. This transaction has been widely report...

PETALING JAYA: The adoption of environmental, social and governance (ESG) principles in the banking sector is gaining momentum but its success will hinge on embracing the right action. Experts and bankers agree that the adoption of ESG principles in the sector is vital and needs beefing up to ensure a healthy bottom line in the long term despite some hiccups. Ernst & Young (EY) Advisory Services Sdn Bhd director for climate change and sustainability services Arina Kok (pic below) said with the ...

Date Time Landmark loan strengthens long-term sustainability for Port of Newcast National Australia Bank (NAB) has led the development of a landmark loan for Port of Newcastle (PON) that aligns financing for Australia’s largest east coast seaport with long-term environmentally and socially responsible outcomes. The arrangement includes A$515 million in sustainability-linked loans that incentivises Port of Newcastle by offering a lower margin on debt if it hits targets across a range of social...

For a product that didn’t even exist four years ago, the sustainability-linked finance business is booming. More and more co