Search Results

Showing 151 - 160 of 205 results for "greenwashing"

Podcast: How to spot greenwashing

THE GREENER WAY  |  THURSDAY, 12 JAN 2023  |  NEWS
... about what Australian businesses of all sizes can do to ensure they are not contributing to the rising prevalence of greenwashing, how to spot it, as well as what actions they can take to do their part on sustainability. Greenwashing will continue to ...

ASIC issues more greenwashing fines

RACHEL ALEMBAKIS  |  MONDAY, 9 JAN 2023  |  NEWS
ASIC has continued its crackdown on greenwashing, having recently fined two more entities over alleged false or misleading statements. Earlier this month, ASIC announced they fined superannuation trustee Diversa Trustees $13,320. Diversa is the issuer ...

ASFI outlines roadmap for sustainable finance taxonomy

RACHEL ALEMBAKIS  |  THURSDAY, 15 DEC 2022  |  NEWS
... financial institutions assess the credibility of transition plans, which Australian regulators could use to regulate greenwashing. The paper suggests public consultation and the development of a governance structure for the development of the taxonomy ...

Mindaroo, QIC back FairSupply Series A fundraise

RACHEL ALEMBAKIS  |  THURSDAY, 15 DEC 2022  |  NEWS
... reporting regimes gather momentum globally, and regulators around the world focusing in on corporate and investment greenwashing. "We currently have a parnterhsip with the LSE Group and the [Integrated Biodiversity Assessment Tool] IBAT alliance in the ...

Australia to introduce mandatory climate reporting

RACHEL ALEMBAKIS  |  TUESDAY, 13 DEC 2022  |  NEWS
... membership, fulfilling an election commitment. He further announced that government will confront and crack down on greenwashing. "The government will pursue a more ambitious and coordinated sustainable finance strategy in 2023, that goes beyond disclosure ...

Vanguard quits net zero investor initiative

RACHEL ALEMBAKIS  |  THURSDAY, 8 DEC 2022  |  NEWS
... net zero commitments. Last week, Vanguard Investments became 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 ...

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 ...