National Australia Bank offers fixed-income gender equality bond

National Australia Bank has created a fixed-income gender equality bond.

The new bond will finance “employers of choice for gender equality” as determined by an Australian government agency.

Organizations on the list demonstrate commitment to cultivating female leadership, closing the gender pay gap, enabling a safe work environment, and offering family-friendly work arrangements.

The bond’s portfolio already includes accounting firms PwC and KPMG Australia, law firm King & Wood Mallesons, and two universities, Monash and Australian Catholic.

The bank did not disclose the bond’s financial details.

This post is from ImpactAlpha’s daily newsletter. Get it first in The Brief.

Related News

Comments are closed

Copyright 2017 IMPACT ALPHA. All RIGHTS RESERVED.

ia-logo-footer
Register Now!
Enjoy FREE access to
ImpactAlpha: Investment News for a Sustainable Edge
Daily news, featured articles, newsletters, podcasts, webinars, special events and more!