Search Results

Showing 91 - 100 of 521 results for "consumer"

Mercer Super cops landmark $11.3m greenwashing penalty

KARREN VERGARA  |  TUESDAY, 6 AUG 2024  |  NEWS
Mercer Superannuation Australia has been slapped with a whopping $11.3 million penalty by the Federal Court on the back of an ASIC-led greenwashing investigation. Mercer was found to make misleading statements on its website about seven Sustainable ...

IFM, ASX-listed firms bet on renewable fuels

KARREN VERGARA  |  WEDNESDAY, 31 JUL 2024  |  NEWS
IFM Investors has partnered with ASX-listed firms GrainCorp and Ampol in a bid to establish the country's fledgling renewable fuels industry. The three organisations committed in a Memorandum of Understanding (MOU) to help reduce emissions, starting ...

QIC replaces real estate managing director

KARREN VERGARA  |  MONDAY, 29 JUL 2024  |  NEWS
... years following the pandemic. He also led a number of significant redevelopments at our assets in line with evolving consumer preferences." QIC recently appointed Julian Loh as sustainability manager overseeing decarbonisation, innovation, and nature ...

Banks to refund millions following ASIC review

ROSE MARY PETRASS  |  MONDAY, 15 JUL 2024  |  NEWS
Low-income First Nations banking customers will receive a refund of more than $28m following the corporate watchdog's review into bank fees. ANZ, Bendigo and Adelaide Bank, CBA and Westpac kept at least two million low-income Australians in high-fee ...

Aus Ethical gets ex-PRI chief

ROSE MARY PETRASS  |  WEDNESDAY, 3 JUL 2024  |  NEWS
... brings deep global expertise in responsible investment to the Australian Ethical superannuation board. "The weight of consumer expectation on our sector is growing year on year, with most Australians now expecting their super and other investments to ...

First renewable energy zone to start works

ROSE MARY PETRASS  |  TUESDAY, 2 JUL 2024  |  NEWS
The first Renewable Energy Zone (REZ) in the country to achieve planning approval will drive up to $20 billion in private investment and unlock at least 4.5 gigawatts of new network capacity over the next six years. Having just gained planning approval ...

What's keeping the Treasurer up at night?

ANDREW MCKEAN  |  MONDAY, 17 JUN 2024  |  NEWS
... the thing keeping him up at night is trying to make sure that inflation comes down without smashing the economy. Annual consumer price index inflation peaked at 7.8% in the December quarter of 2022 and has since declined to 3.6% as of the March quarter ...

UBS nabs ex-UOB sustainability lead

ROSE MARY PETRASS  |  WEDNESDAY, 12 JUN 2024  |  NEWS
... to make a difference." Fang has approximately seven years corporate sustainability experience at global cosmetics and consumer goods corporation Shiseido Group, and at global investment firm Temasek. Prior to this, she held communications and branding ...

Active Super found guilty of greenwashing

ANDREW MCKEAN  |  THURSDAY, 6 JUN 2024  |  NEWS
... on an outcome involving chance. O'Callaghan also rejected Active Super's claims that an ordinary or reasonable consumer would draw a distinction between holding shares in a company and indirect exposures through a pooled fund. "It seems to me ...

Australian Ethical updates investment guide

ELIZA BAVIN  |  TUESDAY, 4 JUN 2024  |  NEWS
Australian Ethical has updated its guide to ethical investing with several additions to further clarify what it considers before making an investment. The super fund added a list of positive and negative factors it considers in developing its criteria ...