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Showing 11 - 20 of 28 results for "ACCC"

Fears grow around greenwashing litigation protections

ROSE MARY PETRASS  |  MONDAY, 6 NOV 2023  |  NEWS
... eliminate attempts of wrongdoing," Motto said. It appears that ASIC and the Australian Competition and Consumer Commission (ACCC) would be only parties able to bring an action under certain provisions of the Corporations Act, Brynn O'Brien of Australasian ...

Brookfield ups the ante on Origin by $1.2bn

RACHEL ALEMBAKIS  |  THURSDAY, 2 NOV 2023  |  NEWS
... partners, and this will bring material public benefits to Australia." The Australian Consumer and Competition Commission (ACCC) greenlit the proposed transaction in October and partially based its authorisation on the public benefit of the proposed accelerated ...

ACCC approves Origin Energy bid on renewable grounds

RACHEL ALEMBAKIS  |  WEDNESDAY, 11 OCT 2023  |  NEWS
The Australian Consumer and Competition Commission (ACCC) has greenlit Brookfield and MidOcean's proposed acquisition of Origin Energy. The ACCC partially based its authorisation on the public benefit of the proposed accelerated roll-out of renewable ...

Are indexes the next target for greenwashing investigations?

RACHEL ALEMBAKIS  |  THURSDAY, 3 AUG 2023  |  NEWS
... said fund managers "need to tread with care" when it comes to using and assessing indexes as part of fund construction. "The ACCC have recently released draft guidelines on environmental and sustainability claims," Higgins noted. "One of the many issues ...

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 The ACCC has published a draft guidance to address "concerning conduct" based on a recent greenwashing ...

Companies urged to act on greenwashing ahead of new ISSB framework

ROSE MARY PETRASS  |  TUESDAY, 9 MAY 2023  |  NEWS
Companies are warned to stay ahead of the Australian Competition and Consumer Commission's (ACCC) crackdown on greenwashing and the forthcoming release of the new International Sustainability Standards Board (ISSB) standards that will be released in ...

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. ...

Government's Climate Active certification challenged over possible greenwashing

RACHEL ALEMBAKIS  |  WEDNESDAY, 15 FEB 2023  |  NEWS
The Australia Institute has filed a complaint with the Australian Consumer Competition and Consumer Commission (ACCC), asking for an investigation of the Australian government's Climate Active certification scheme over potential greenwashing. The ...

First Sentier Investors hires industry exec to new ESG role

RACHEL ALEMBAKIS  |  TUESDAY, 11 OCT 2022  |  NEWS
... corporate governance advisory service. She has pacreviously worked as a commercial litigation lawyer, a researcher for the ACCC and a journalist.

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 ...