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Showing 131 - 140 of 205 results for "greenwashing"

Government to fund sustainable finance taxonomy development

RACHEL ALEMBAKIS  |  FRIDAY, 21 APR 2023  |  NEWS
... investor roundtable in Brisbane, the government also announced it will provide an extra $4.3 million to crack down on greenwashing by businesses. The funding will be provided to ASIC to expand its surveillance and enforcement functions. The government ...

Sustainability is facing a data crisis: new research

ROSE MARY PETRASS  |  THURSDAY, 20 APR 2023  |  NEWS
Inadequate data, fear of greenwashing and economic pressures is stalling progress on sustainability, according to a new study from Google Cloud. The study, conducted by The Harris Poll, found that greater accountability, better measurement and management ...

South Korea leads with ESG fund disclosure taskforce and anti-greenwash laws

ROSE MARY PETRASS  |  THURSDAY, 20 APR 2023  |  NEWS
... ESG investment environment that meets global standards by resolving investor information asymmetry while preventing greenwashing and inducing responsible management. This comes as earlier in the week the Stock Exchange of Hong Kong proposed mandatory ...

Executive directors overwhelmingly male: AICD

ROSE MARY PETRASS  |  WEDNESDAY, 12 APR 2023  |  NEWS
... decoupling" data across 14 years and found that boardrooms with more equal gender representation were less prone to greenwashing. A 2020 study from Bankwest Curtin Economics Centre and the Workplace Gender Equality Agency found that profitability, performance ...

RIAA hires head of certification

RACHEL ALEMBAKIS  |  WEDNESDAY, 5 APR 2023  |  NEWS
... development for our long-running Certification Program, particularly at a time when there is a growing focus on eliminating greenwashing in the financial product labelling market. "Our role through certification is to lift the standards of practice in ...

The "Wild West" of "blue" investing

ROSE MARY PETRASS  |  WEDNESDAY, 5 APR 2023  |  NEWS
... commented. "It's about biodiversity, communities, and all of the values that we all share in this room." Navigating greenwashing and "greenhushing" It's not all smooth sailing. With a lack of standardized metrics for measuring impact, as well as ...

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. ...