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Showing 1 - 10 of 218 results for "greenwash"

Australia's sustainable finance taxonomy launches

KARREN VERGARA  |  FRIDAY, 20 JUN 2025  |  NEWS
The Australian Sustainable Finance Institute (ASFI) has launched the nation's sustainable finance taxonomy and will be trialled by the likes of HESTA, Rest, Westpac and Moody's Ratings. The sustainable finance taxonomy aims to support the credible allocation ...

Mind the reporting gap: ASX companies urged to improve

JAMIE WILLIAMSON  |  TUESDAY, 10 JUN 2025  |  NEWS
Research from UNSW finds that while 97% of ASX100 companies report on social topics, most disclosures are inconsistent in quality and difficult to compare due to a lack of standardisation. ASX100 companies are being urged to go beyond simple box-ticking ...

Greenwashing remains an enforcement priority, says ASIC

MICHELLE BALTAZAR  |  THURSDAY, 29 MAY 2025  |  NEWS
The country's financial services regulator unveils its three-pronged approach as sustainability reporting becomes a mandatory requirement for small to large Australian businesses - but it was its passing update on greenwashing as an enforcement ...

Institutions drive responsible investment despite headwinds: RIAA

KARREN VERGARA  |  WEDNESDAY, 28 MAY 2025  |  NEWS
Responsible investing is buoyed by strong tailwinds coming from asset owners despite the political and regulatory headwinds, the Responsible Investment Association Australasia (RIAA) Conference heard this morning. The sector is being emboldened by institutional ...

Carbon securities the next game-changer

MICHELLE BALTAZAR  |  TUESDAY, 20 MAY 2025  |  NEWS
Paul Clements-Hunt, the man who coined the term 'ESG' more than two decades ago, says tradable and regulated carbon securities could be the next trillion-dollar market for investors. Clements-Hunt, chief executive of the Blended Capital Group ...

Landmark greenwashing case against Energy Australia comes to an end

JAMIE WILLIAMSON  |  FRIDAY, 16 MAY 2025  |  NEWS
A landmark greenwashing case against Energy Australia was discontinued after the provider reportedly reached a settlement with activist group Parents for Climate. A civil trial against Energy Australia was due to kick off this week, with The Australia ...

FCA pauses plans to extend disclosure, labelling rules

JAMIE WILLIAMSON  |  MONDAY, 5 MAY 2025  |  NEWS
The UK's Financial Conduct Authority is pausing plans to extend its Sustainability Disclosure Requirements (SDR) and product labelling regime to portfolio managers, saying now is not the right time. The FCA had announced some 12 months ago that it would ...

Countdown to RIAA conference is on

MICHELLE BALTAZAR  |  MONDAY, 28 APR 2025  |  NEWS
The largest gathering of sustainable investment professionals in the Southern Hemisphere is scheduled for next month - and the event organiser, the Responsible Investment Association Australasia (RIAA), has pulled industry heavyweights to the stage. ...

Investors continue to dump Climate Active certifications

JAMIE WILLIAMSON  |  THURSDAY, 17 APR 2025  |  NEWS
IFM Investors and Insignia Financial have confirmed their exit from the government's Climate Active scheme. Launched in 2019, Climate Active certifies organisations, products, events and brands as being carbon neutral. IFM Investors was certified ...

DWS fined $43m for greenwashing

JAMIE WILLIAMSON  |  THURSDAY, 3 APR 2025  |  NEWS
DWS will pay $43 million (US$27m) to settle a long-running greenwashing case brought by Frankfurt prosecutors. In 2021, a whistleblower - former DWS group sustainability officer Desiree Fixler - came forward with claims the asset manager was making ...
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