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Showing 141 - 150 of 239 results for "greenwashing"

Are indexes the next target for greenwashing investigations?

RACHEL ALEMBAKIS  |  THURSDAY, 3 AUG 2023  |  NEWS
ASIC's latest action against Vanguard for allegations of greenwashing in a bond fund raises the question of whether the market regulator will crack down on index providers and other third-party service providers for greenwashing as well. Last month ...

Using ChatGPT to assess climate targets: Acadian

RACHEL ALEMBAKIS  |  WEDNESDAY, 2 AUG 2023  |  NEWS
... assist in investment processes, having previously told FS Sustainability it had developed an AI algorithm to identify greenwashing.

ASIC takes Vanguard to court over further greenwashing claims

RACHEL ALEMBAKIS  |  TUESDAY, 25 JUL 2023  |  NEWS
ASIC is taking Vanguard to court over greenwashing allegations relating to a global bond index fund. This is the second time the market regulator has taken action against Vanguard over greenwashing. ASIC has lodged civil penalty proceedings in federal ...

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 The ACCC has published a draft guidance to address "concerning conduct" based on a recent greenwashing ...

Podcast: Fighting the Great Greenwash - John Pabon

THE GREENER WAY  |  TUESDAY, 4 JUL 2023  |  NEWS
... corporate sustainability consultant, former UN advisor and analyst, and author to discuss his new book The Great Greenwashing. John defines green speak, misdirection, greenscamming and what you can do to fight it.

Cleaning up diversity-washing boosts business performance

ROSE MARY PETRASS  |  MONDAY, 3 JUL 2023  |  NEWS
... DEI position, including the gender pay gap, through scoring and evidence-based assessments on a quarterly basis. Greenwashing isn't the only problem in ESG reporting that needs a good clean-up: a study last year found that while companies that engage ...

Super fund survey finds strong demand for sustainable super

ROSE MARY PETRASS  |  THURSDAY, 8 JUN 2023  |  NEWS
... a company needs to change its net zero target this is demonstrable of good stakeholder communication, and is not greenwashing, as companies can have a reasonable basis to meet targets. "ART's investment approach factors in ESG risks and opportunities ...

Aussie, Kiwi ministers commit to sustainable finance alignment

RACHEL ALEMBAKIS  |  THURSDAY, 8 JUN 2023  |  NEWS
... sustainable finance strategy working group to support this. "Ministers agreed to work together on measures to prevent greenwashing, support sustainability-related capabilities of firms, financial institutions, and financial regulators, and strengthen ...

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
... second half of 2023. The strategy will include development of new standards and taxonomy and initiatives to reduce greenwashing and strengthen ESG labelling. The government is also introducing a sovereign green bonds program. The treasurer last month ...