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Showing 111 - 120 of 177 results for "Greenwashing 2.0"

ACCC publishes greenwashing guidance

RACHEL ALEMBAKIS  |  FRIDAY, 14 JUL 2023  |  NEWS
The Australian Competition and Consumer Commission (ACCC) has outlined eight principles designed to combat greenwashing by businesses and protect consumers. The ACCC has published a draft guidance to address "concerning conduct" based on a recent greenwashing  ...

Cleaning up diversity-washing boosts business performance

ROSE MARY PETRASS  |  MONDAY, 3 JUL 2023  |  NEWS
Financy, creator of the Financy Women's Index, recently launched anti-DEI-washing app Impacter to help businesses self-assess, improve business outcomes, and move towards best practice on diversity, equity, and inclusion (DEI). The new cloud-based ...

Companies urged to address Scope 3 emissions

ROSE MARY PETRASS  |  THURSDAY, 8 JUN 2023  |  NEWS
Companies need to address their Scope 3 emissions and sustainability claims for greenwashing, ahead of new Safeguard Mechanism rules. With Safeguard Mechanism reforms set to come into effect on July 1 for the hard-to-abate sector of industrial emitters ...

Treasury mandates APRA must consider climate risk in duties

RACHEL ALEMBAKIS  |  THURSDAY, 8 JUN 2023  |  NEWS
Treasury has released an updated statement of expectations for the Australian Prudential Regulation Authority (APRA) which includes the adoption of climate reporting standards by super funds, banks and insurers. "For the first time, the government is ...

ASIC chair calls out greenhushing as form of greenwashing

RACHEL ALEMBAKIS  |  MONDAY, 5 JUN 2023  |  NEWS
... that summarised ASIC's recent crackdown on scrutiny. In the report, ASIC identified four main categories of greenwashing - "Net zero statements and targets without a reasonable basis or that are factually incorrect"; "terms like 'carbon neutral' ...

Are companies drowning in a sea of ESG requests?

ROSE MARY PETRASS  |  WEDNESDAY, 17 MAY 2023  |  NEWS
Corporate engagement by investors is on the rise, and companies are dealing with increased scrutiny, questions, and demands. Governance is crucial in setting systems and processes in place that won't distract from achieving the best ESG outcomes. ...

No pause button on greenwashing action: ASIC

ROSE MARY PETRASS  |  THURSDAY, 11 MAY 2023  |  NEWS
ASIC is updating its enforcement approach to greenwashing-type misconduct in response to a global rise in sustainability-related products and product strategies. ASIC deputy chair Karen Chester this week outlined a plan for the corporate, market and ...

Renewable energy, climate in spotlight in Federal Budget

RACHEL ALEMBAKIS  |  TUESDAY, 9 MAY 2023  |  NEWS
The transition to a renewable energy future was a central part of the Federal Budget unveiled by Treasurer Jim Chalmers on Tuesday night. In addition to action on climate, the Budget also included an $8 million allocation to establish a federal government ...

Companies urged to act on greenwashing ahead of new ISSB framework

ROSE MARY PETRASS  |  TUESDAY, 9 MAY 2023  |  NEWS
Companies are warned to stay ahead of the Australian Competition and Consumer Commission's (ACCC) crackdown on greenwashing and the forthcoming release of the new International Sustainability Standards Board (ISSB) standards that will be released in ...

Stewardship and greenwashing in spotlight at RI Australia 2023

RACHEL ALEMBAKIS  |  THURSDAY, 4 MAY 2023  |  NEWS
Greenwashing, investment stewardship and the maturation of the responsible investment sector will be key themes in the Responsible Investment Association Australasia (RIAA) RI Australia 2023 conference. RI Australia 2023 will be in Melbourne May 10-11. ...