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Showing 91 - 100 of 159 results for "Greenwashing"

New Zealand regulator warns Vanguard for disclosure failure

RACHEL ALEMBAKIS  |  THURSDAY, 30 MAR 2023  |  NEWS
... Investments for failing to officially inform them that ASIC had issued infringement notices relating to instances of greenwashing. The Financial Markets Authority (FMA) - Te Mana Tātai Hokohoko - has issued a formal warning to Vanguard Investments Australia ...

Juicing up gender equity with Orange Bonds

RACHEL ALEMBAKIS  |  TUESDAY, 21 MAR 2023  |  NEWS
... transparency, verification and standardization on gender-related bond issuance, serving as a means of combatting greenwashing, Shahnaz said. "To qualify as an Orange Bond, transactions are expected to align with three overarching Principles: gender-positive ...

Activist investor launches Santos campaign

RACHEL ALEMBAKIS  |  THURSDAY, 9 MAR 2023  |  NEWS
A London-based activist investor has called Santos' growth strategy "misguided, reckless and driven by fundamental misalignment between executive incentives and shareholder interests." Snowcap Research, which is an investor in Santos, has issued ...

ACCC investigating greenwashing allegations

RACHEL ALEMBAKIS  |  THURSDAY, 2 MAR 2023  |  NEWS
The Australian Competition and Consumer Commission (ACCC) is investigating businesses over greenwashing claims, after an internet sweep determined that 57% of targeted businesses made "concerning" claims about environmental or sustainability practices. ...

More greenwashing investigations ahead: ASIC

RACHEL ALEMBAKIS  |  THURSDAY, 2 MAR 2023  |  NEWS
The court case against Mercer superannuation for allegations of greenwashing is "just one of the investigations we have on foot," ASIC chair Joe Longo said. "We will do what we need to do to make sure entities are not misleading the market" on greenwashing ...

ASIC takes Mercer to court over greenwashing

RACHEL ALEMBAKIS  |  TUESDAY, 28 FEB 2023  |  NEWS
Mercer Super Trust is the first entity in Australia to face legal action for alleged greenwashing conduct. ASIC has launched court action against Mercer Superannuation (Australia), the trustee of the Mercer Super Trust, for allegedly making misleading ...

Climate change to shape economy long-term: Forum

RACHEL ALEMBAKIS  |  THURSDAY, 16 FEB 2023  |  NEWS
... as well as absenteeism." Hutley also identified increased regulatory risk around climate change and the risks of greenwashing as other risks for investors. "We have to understand that the corporate sector will be not only under increasing scrutiny and ...

Government's Climate Active certification challenged over possible greenwashing

RACHEL ALEMBAKIS  |  WEDNESDAY, 15 FEB 2023  |  NEWS
... asking for an investigation of the Australian government's Climate Active certification scheme over potential greenwashing. The think tank says the Climate Active carbon neutral certification scheme "may be misleading and deceptive under consumer ...

Podcast: to B or not to B - why does being a B Corp matter?

RACHEL ALEMBAKIS  |  THURSDAY, 9 FEB 2023  |  NEWS
... certification and standards learning, B Lab AANZ on why profit with purpose matters, how B Corps were countering greenwashing before it was a thing, and the future for B Corp companies. B Corp accreditation is a global standard which identifies businesses ...

Podcast: What's ahead for 2023 - Simon O'Connor

RACHEL ALEMBAKIS  |  THURSDAY, 2 FEB 2023  |  NEWS
... Investment Association Australasia (RIAA) CEO Simon O'Connor on the big issues in sustainable investing in 2022, from greenwashing to demand for authentic sustainable investments, and how the momentum will keep going in 2023. With more than 500 members ...