News
New Zealand Debt Management published its sovereign green-bond framework and associated second-party opinion on 14 September, confirming at the same time that it plans to issue a debut transaction late this calendar year. The framework provides detail on planned use of proceeds from New Zealand sovereign green-bond issuance and explains how the programme aligns with national environmental priorities.
Europe is responding to a looming energy crisis by reviving and ramping up fossil fuel power. But its longer-term commitment to renewables transition remains in place and is only being enhanced by a new focus on energy security, according to new research from MUFG Securities’ capital markets strategy group. While Australia will be shielded from the crisis to at least some extent, local companies should not mistake emergency measures elsewhere for a change in direction.
When SMART Alabama – a Hyundai consolidated subsidiary – was caught allegedly using children as young as 12 on its factory floor in the US, QIC immediately jumped to respond. In an exclusive interview with KangaNews, Marayka Ward, director, sustainable investments, liquid markets group at QIC in Brisbane, explains how the fund manager tackled this thorny issue.