Search Results

Showing 101 - 110 of 239 results for "greenwashing"

Growth in green bond issuance brings choice, challenges

RACHEL ALEMBAKIS  |  MONDAY, 5 FEB 2024  |  NEWS
... lack of regulatory clarity on what constitutes an impact strategy, limited transparency from companies and "evident greenwashing" in other cases. "I think in order to achieve transparency, first you need consistency and guidance," Neidert said. "There ...

Australia climbs quickly on climate policy development

ROSE MARY PETRASS  |  MONDAY, 5 FEB 2024  |  NEWS
... broadened focus on climate adaptation, transition, and biodiversity in Australia. The federal government cracked down on greenwashing and modern slavery, announced the development of sectoral net zero strategy approaches, put forward the National Electric ...

Accountant ethics board drafts new sustainability benchmarks

ROSE MARY PETRASS  |  WEDNESDAY, 31 JAN 2024  |  NEWS
... standards intend to restore public and institutional trust in publicly communicated sustainability information, mitigate greenwashing and improve quality. The benchmarks will be used globally by national accreditation bodies when accrediting and authorising ...

Ad industry proposes greenwashing code

RACHEL ALEMBAKIS  |  MONDAY, 22 JAN 2024  |  NEWS
The peak body for Australia's advertisers is taking on greenwashing via a new draft code. The Australian Association of National Advertisers (AANA) has released an exposure draft Environmental Claims Code that they say will form an integral part of ...

Top 10 most-read articles of 2023

ROSE MARY PETRASS  |  THURSDAY, 28 DEC 2023  |  NEWS
... investment activities and demonstrate how stewardship activities generate value in investments. #5: ASIC issues more greenwashing fines January: ASIC continued its crackdown on greenwashing, having previously fined two more entities over alleged false ...

ESG in 2024: key trends and legislative changes for the year ahead

ROSE MARY PETRASS  |  THURSDAY, 28 DEC 2023  |  NEWS
... metrics. Industry leaders are under pressure to streamline reporting, enhance transparency, and mitigate the risk of greenwashing litigations. New ESG regulations will necessitate ESG integration across all business functions, moving away from siloed ...

Northern Trust pulled up for greenwashing

ROSE MARY PETRASS  |  THURSDAY, 21 DEC 2023  |  NEWS
Northern Trust Asset Management Australia has paid just shy of $30,000 over allegations of greenwashing. ASIC brought two infringement notices against the local arm of the global fund manager alleged false and misleading statements in the application ...

ACCC issues greenwashing guidance

RACHEL ALEMBAKIS  |  THURSDAY, 14 DEC 2023  |  NEWS
The Australian Competition and Consumer Commission (ACCC) has released final guidance on greenwashing while flagging that emissions and offsetting claims are in the spotlight next year. The principles comprise the ACCC's final guidance on environmental ...

COP28: "Weak" Global Stocktake slammed

ROSE MARY PETRASS  |  TUESDAY, 12 DEC 2023  |  NEWS
... does not mention oil and gas. It now states to "phase down" and "reduce" fossil fuels. A paragraph on eliminating greenwashing, included in a previous draft, is now deleted. The COP28 summit in Dubai is set to wrap up on Tuesday, 12 December, with an ...

Research flags need for comprehensive ESG reporting

ROSE MARY PETRASS  |  THURSDAY, 7 DEC 2023  |  NEWS
... leading publicly traded companies to robustly follow corporate sustainability frameworks may contribute to potential greenwashing concerns. Corporate disclosure of sustainability reporting frameworks gives investors and the broader public confidence ...