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Showing 171 - 180 of 218 results for "greenwash"

Government commits to establishing green finance standards

RACHEL ALEMBAKIS  |  FRIDAY, 28 OCT 2022  |  NEWS
Assistant Treasurer Stephen Jones committed to working with the finance industry to establish national standards for a green taxonomy that will define sustainable finance in Australia. Jones stopped short of committing to legislating the forthcoming ...

Critical talent shortage could stall net zero progress: Hays

RACHEL ALEMBAKIS  |  THURSDAY, 13 OCT 2022  |  NEWS
Demand for employees with "green skills" has surged in recent years, but the pool of talent has not kept pace, meaning companies have to consider how they position themselves to attract from a "small but strategically vital" talent pool. Hays notes ...

Consumer watchdog warns on greenwashing

RACHEL ALEMBAKIS  |  THURSDAY, 22 SEP 2022  |  NEWS
The Australian Competition and Consumer Commission (ACCC) is "actively 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 ...

Demand for ethical ETFs surge

RACHEL ALEMBAKIS  |  THURSDAY, 22 SEP 2022  |  NEWS
Demand for ethical ETFs continues to surge, surpassing $8 billion, according to BetaShares. Total ethical ETFs listed on ASX and Cboe Australia are more than $8.5 billion, with BetaShares range of ethical ETFs constituting nearly half, according to ...

Glencore faces greenwashing allegations

RACHEL ALEMBAKIS  |  THURSDAY, 8 SEP 2022  |  NEWS
The Environmental Defenders Office has filed a complaint with ASIC and the ACCC against mining company Glencore over allegations of greenwashing and behaviour towards Traditional Owners. The Environmental Defenders Office, on behalf of The Plains Clan ...

ACCR files additional claims in Santos lawsuit

RACHEL ALEMBAKIS  |  THURSDAY, 25 AUG 2022  |  NEWS
Santos faces fresh allegations of greenwashing in an ongoing federal lawsuit by the Australasian Centre for Corporate Responsibility (ACCR). Last year ACCR filed its suit challenging Santos' net zero emission target in relation to the viability ...

ESG product definitions a matter for legislation: ASIC

RACHEL ALEMBAKIS  |  TUESDAY, 2 AUG 2022  |  NEWS
The Australian Securities and Investment Commission believes that standard definitions of ESG products and investments should be set by legislation. ASIC senior executive leader, corporations Claire LaBouchardiere spoke at the recent Australian Council ...

Strong demand for ESG products, but education needed

RACHEL ALEMBAKIS  |  THURSDAY, 21 JUL 2022  |  NEWS
Retail investors and financial advisers are reporting strong levels of action on ESG investing, but recent research suggests that both sides of the conversation are seeking further education and have doubts about greenwashing and alignment between personal ...

Driving ESG engagement via credit portfolios: Neuberger Berman

RACHEL ALEMBAKIS  |  THURSDAY, 14 JUL 2022  |  NEWS
Engaging with credit issuers on material ESG concerns can drive constructive dialogue and communicate with a broader range of corporate stakeholders, according to Neuberger Berman. "On the debt side we could be 10-20% of the debt," said Neuberger Berman ...

ASX 100 chief executive bonuses hit record highs

CASSANDRA BALDINI  |  THURSDAY, 14 JUL 2022  |  NEWS
Bonuses paid to ASX 100 chief executives hit record highs in FY21, jumping from 31% to 76.7%, according to a new report from the Australian Council of Superannuation Investors (ACSI). In the first year of the pandemic, Australian boards responded to ...