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Showing 11 - 20 of 159 results for "Greenwashing"

Impact investing drops down the list

ROSE MARY PETRASS  |  TUESDAY, 2 APR 2024  |  NEWS
... biggest decline compared to other countries surveyed. Interestingly, the figures also revealed less concern about greenwashing. While over half of respondents said impact investing appealed to them (57%) - a fall from last year's survey (63%). In ...

Podcast: The international fight against greenwashing with John Pabon

ROSE MARY PETRASS  |  TUESDAY, 2 APR 2024  |  NEWS
... Petrass welcomes sustainability expert John Pabon to discuss the importance of international collaboration in combating greenwashing. They discuss cultural attitudes, consumer awareness, and regulatory frameworks around greenwashing, and dissect Australia's ...

ASIC wins greenwashing case against Vanguard

JAMIE WILLIAMSON  |  THURSDAY, 28 MAR 2024  |  NEWS
... activities in certain industries, including fossil fuels, when this was not always the case. "As ASIC's first greenwashing court outcome, the case shows our commitment to taking on misleading marketing and greenwashing claims made by companies in ...

Directors welcome new climate reporting regime

ROSE MARY PETRASS  |  THURSDAY, 28 MAR 2024  |  NEWS
... make better-informed investment decisions around climate risk - but some companies pushed back, citing fears around greenwashing litigation if they couldn't get their houses in order in time. Canberra proposed a three-year moratorium on private litigation ...

Members beef up ESG checks

ROSE MARY PETRASS  |  TUESDAY, 19 MAR 2024  |  NEWS
... checking with independent verifiers whether investment products are ethical or not. With 78% now vigilant against greenwashing tactics - up from 72% in 2022 - the pressure is on for financial institutions to walk the talk and put their money where their ...

Greenwashing remains a priority: ASIC

MICHELLE BALTAZAR  |  MONDAY, 18 MAR 2024  |  NEWS
The call to stamp greenwashing at the root may have the potentially unintended consequence of stopping big companies from doing a better job at tackling environmental risks, including climate change. It was a packed room last Thursday at the annual ...

Big super's plan on fossil fuel return

ROSE MARY PETRASS  |  MONDAY, 18 MAR 2024  |  NEWS
... change and participating in investor collaborations such as Climate Action 100+." Morgan accused the super funds of greenwashing. "Members want to see their super fund sparing no effort to end Santos and Woodside's oil and gas expansion plans, and ...

Defunct fund pays greenwashing fine

RACHEL ALEMBAKIS  |  WEDNESDAY, 28 FEB 2024  |  NEWS
A now-defunct app-led climate impact fund is the latest entity to cop a fine for greenwashing from the regulator. Melbourne Securities Corporation (MSC) has paid $13,320 to comply with an ASIC infringement notice relating to allegations of misleading ...

Personal views influence climate decision-making

ROSE MARY PETRASS  |  MONDAY, 26 FEB 2024  |  NEWS
... limits global temperature rise to 1.65°C by 2100 at a 50% probability. Financiers face barriers to investment from greenwashing and a lack of adequate data from companies on their climate plans, but are actively using both engagement and divestment ...

Final text of EU ESG laws released

ROSE MARY PETRASS  |  MONDAY, 19 FEB 2024  |  NEWS
... for entities outside of the EU that trade on the EU market. The regulations hope to increase transparency, prevent greenwashing, drive investment into sustainability products, and help businesses in the region meet the Paris Agreement. It also includes ...