Market overview – August 2023 data

Investor and market news 

• ICMA 2023 update to Climate Transition Finance Handbook and Sustainability-Linked Bond Principles.
• Directors guide to Mandatory Climate reporting released by Australian Institute of Company Directors.
• Australian Office of Financial Management appointed National Australia Bank and UBS as joint structuring advisors.

Regulatory developments

• ACCC published anti-greenwashing draft guidance.
• ISSB inaugural global sustainability disclosure standards.
• The Australian Treasury: Consultation paper on Climate-related Disclosure.

Selected recent deals

• Australia Post Sustainability Bond inaugural sustainability bond.
• La Trobe University inaugural Green Bond.
• QIC Infrastructure and Vector Ltd green loans for acquisition of smart metering business.

Important information and Sustainable Finance team contact details

Climate change is a significant risk to the planet and a major challenge for society to address. At the same time, opportunities are emerging as the transition to net zero occurs.

NAB is supporting customers to decarbonise, build their climate resilience and help achieve the goals of the Paris Agreement.