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Showing 111 - 120 of 159 results for "greenwashing"

ASIC fines Vanguard for greenwashing

RACHEL ALEMBAKIS  |  FRIDAY, 2 DEC 2022  |  NEWS
Vanguard Investments has become the first investment manager to be fined by ASIC over greenwashing. Vanguard paid $39,960 to comply with three infringement notices related to product disclosure statements (PDS)for the Vanguard International Shares Select ...

Seeking action at "implementation" COP27

RACHEL ALEMBAKIS  |  THURSDAY, 10 NOV 2022  |  NEWS
... Secretary General's High-Level Expert Group on the Net Zero Emissions Commitments of Non-State Entities that blasted greenwashing and outlined key principles for a credible net zero commitment. "A net zero pledge must contain stepping stone targets ...

Strengthen governance to avoid investment greenwashing: SSGA

RACHEL ALEMBAKIS  |  THURSDAY, 10 NOV 2022  |  NEWS
To manage the risk of greenwashing, asset managers need to focus on assuring that internal governance structures are consistent with regulatory expectations in various jurisdictions, according to State Street Global Advisors (SSGA). Greenwashing concerns ...

Regulatory roundup on key sustainability developments

RACHEL ALEMBAKIS  |  THURSDAY, 3 NOV 2022  |  NEWS
... vulnerability assessment is likely to extend to super funds and insurance companies, and ASIC saying investigations into greenwashing continue. Assistant Treasurer's pledge on green taxonomy "with an Australian accent" At last week's Australian Sustainable ...

ASIC greenwashing investigations continue

RACHEL ALEMBAKIS  |  THURSDAY, 3 NOV 2022  |  NEWS
... said the market regulator is currently investigating listed companies, super funds, and managed funds for potential greenwashing. "Only last week we issued our first greenwashing penalty, and we're currently investigating a number of listed entities ...

Hejaz Financial Services funds certified responsible invesments

RACHEL ALEMBAKIS  |  WEDNESDAY, 2 NOV 2022  |  NEWS
... ensure that our investors know that when they invest in a Hejaz product, they can count on not being a victim of greenwashing." RIAA's Responsible Investment Certification Program is based on eight broad categories: 1. RI Strategies - formal, disclosed ...

Government commits to establishing green finance standards

RACHEL ALEMBAKIS  |  FRIDAY, 28 OCT 2022  |  NEWS
... hailed the work of the finance industry in working on a sustainable finance taxonomy. "It's not just about calling out greenwashing as important is it is," Jones said. "It is important, and our regulators are doing it, but they frankly are, with the ...

Critical talent shortage could stall net zero progress: Hays

RACHEL ALEMBAKIS  |  THURSDAY, 13 OCT 2022  |  NEWS
... communicate and make sure we have clear goals that have been communicated, avoiding cynicism and execution risk around greenwashing. "People on the ground have to see it and feel it, that's what crafting a greener culture means. This is a journey for ...

Consumer watchdog warns on greenwashing

RACHEL ALEMBAKIS  |  THURSDAY, 22 SEP 2022  |  NEWS
... monitoring" green claims and won't hesitate to take enforcement action if consumers are being misled or deceived by greenwashing. Deputy chair Delia Rickard said the ACCC will be considering what steps to take to improve the integrity of green claims ...

Demand for ethical ETFs surge

RACHEL ALEMBAKIS  |  THURSDAY, 22 SEP 2022  |  NEWS
... transparent disclosure of underlying companies, also meet the moment in terms of enhanced regulatory attention to claims of greenwashing. Liddell pointed to an announcement by ACCC deputy chair Delia Rickard this week that false claims of environmental ...