ANZ is taking the lead when it comes to promoting not just diversity within its organisational structure but awareness of the benefits of diversity for performance. A group of industry participants, hosted by ANZ and KangaNews, discuss how and why these advantages exist and the path to delivering them across more of the economy.
TD Bank’s Toronto-based vice president, investor relations and enterprise decision support, Brooke Hales, has a raft of experience across a wide range of areas within banking and capital markets. With a brief that now takes in investor relations for a globally relevant bank, Hales talks to KangaNews about her career journey, funding and investor relations in a newly challenging market, as well as her perspective on industry diversity and the shared experience of Australian and Canadian banks in sustainable finance.
In 2020, for the first edition of its Women in Capital Markets Yearbook, KangaNews surveyed female industry participants to gauge their views on gender equity. Returning to a similar set of questions two years later, it appears the changes to working practice accelerated by the pandemic have had little or no impact on diversity. Women are still hopeful of improvement over time, however.
The Australian Sustainable Finance Institute says there should be no delay in the deployment of its taxonomy in the development and labelling of green financial products once the final document is published. The recommendation forms part of the institute’s latest taxonomy working paper and follows the federal government’s recent push to accelerate the adoption of sustainable finance.