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Showing 11 - 20 of 173 results for "Greenwashing 2.0"

False exclusion claims see Prime Super fined

JAMIE WILLIAMSON  |  THURSDAY, 6 NOV 2025  |  NEWS
Prime Super paid a penalty of $18,780 after it claimed it "excluded entirely" manufacturers of tobacco products when it had indirect holdings in six companies. ASIC issued an infringement notice to the $8 billion super fund over misleading statements ...

HESTA pays $40k fine for greenwashing

ELIZA BAVIN  |  THURSDAY, 6 NOV 2025  |  NEWS
HESTA has paid $37,560 to comply with two infringement notices issued by ASIC for misleading statements. ASIC alleged the $100 billion super fund made misleading statements in paid advertisements about its commitment to removing carbon emissions investments. ...

Boards face limitations in managing climate risks

ANGELIQUE MINAS  |  MONDAY, 20 OCT 2025  |  NEWS
At the Investor Group on Climate Change (IGCC) Summit 2025, Queensland Investment Corporation's (QIC) ESG and general manager Alison Ewings said that "climate change is a risk in its own right" and "a threat multiplier." But there are limitations ...

Fiducian sued for greenwashing in ESG fund

ELIZA BAVIN  |  MONDAY, 6 OCT 2025  |  NEWS
ASIC has launched proceedings in the Supreme Court of NSW against Fiducian Investment Management, alleging it breached its duties as a responsible entity and engaged in misleading and deceptive conduct about its environmental, social and governance ...

CPA calls for stricter rules on sustainability claims

ELIZA BAVIN  |  MONDAY, 8 SEP 2025  |  NEWS
CPA Australia has called for stricter rules to govern the naming and marketing of managed investment and superannuation products to protect consumers from misleading sustainability claims. Responding to the Treasury consultation on sustainable investment ...

Podcast: Clearing up confusion on product labelling

THE GREENER WAY  |  TUESDAY, 2 SEP 2025  |  NEWS
Is it still the wild, wild west on product labelling for sustainable investments? In this podcast, host Michelle Baltazar chats with Dugald Higgins, head of responsible investment and real assets for the broader Zenith Group, on how financial advisers ...

ESG labels not fit for super: RIAA

JAMIE WILLIAMSON  |  FRIDAY, 29 AUG 2025  |  NEWS
The Responsible Investment Association Australasia (RIAA) is concerned a 'one-size-fits-all' ESG labelling regime would actually increase the risk of greenwashing. Earlier this month, the government commenced a consultation on the introduction ...

Podcast: Enhancing emission transparency

THE GREENER WAY  |  MONDAY, 4 AUG 2025  |  NEWS
In this episode of The Greener Way podcast, Financial Standard 's Eliza Bavin talks with Carl Prins, co-founder and chief executive of PathZero, about the challenges superannuation funds face in managing climate-related financial risks when it comes ...

APESB releases ethics, independence standards

KARREN VERGARA  |  THURSDAY, 10 JUL 2025  |  NEWS
The Accounting Professional and Ethical Standards Board (APESB) launched new standards that set out new ethical and independence requirements for sustainability reporting and assurance in Australia. The amending standards relate to APES 110 Code of ...

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 ...