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Showing 361 - 370 of 835 results for "Trust"

US states sue Biden administration over "woke" ESG rules

RACHEL ALEMBAKIS  |  TUESDAY, 31 JAN 2023  |  NEWS
Twenty-five American Republican state attorneys general are suing the US Department of Labor to halt new rules that would allow US-based retirement plans to consider ESG factors in their investment processes. Texas Attorney General Ken Paxton and Utah ...

Podcast: How to spot greenwashing

THE GREENER WAY  |  THURSDAY, 12 JAN 2023  |  NEWS
John Pabon, corporate sustainability consultant, former UN advisor and analyst, and author, joins us to speak about what Australian businesses of all sizes can do to ensure they are not contributing to the rising prevalence of greenwashing, how to spot ...

ASIC issues more greenwashing fines

RACHEL ALEMBAKIS  |  MONDAY, 9 JAN 2023  |  NEWS
ASIC has continued its crackdown on greenwashing, having recently fined two more entities over alleged false or misleading statements. Earlier this month, ASIC announced they fined superannuation trustee Diversa Trustees $13,320. Diversa is the issuer ...

Biodiversity market could hit $137bn by 2050: PwC

RACHEL ALEMBAKIS  |  WEDNESDAY, 7 DEC 2022  |  NEWS
... overarching goals for government, industry and communities across the nation, science and environmental standards "to build trust between government and industry," a robust regulatory framework, "allowing governments to step in to regulate activities ...

APRA publishes results of banking climate vulnerability assessment

RACHEL ALEMBAKIS  |  THURSDAY, 1 DEC 2022  |  NEWS
The Australian Prudential Regulation Authority (APRA) has published the findings of its first Climate Vulnerability Assessment (CVA) of Australia's five largest banks and signaled that the insurance industry is likely to be the next regulated sector ...

Carve outs for faith-based super funds are dead

ANDREW MCKEAN  |  WEDNESDAY, 30 NOV 2022  |  NEWS
The carve out from the Your Future, Your Super (YFYS) performance test for faith-based funds has been axed by the government, despite it being an election policy. In December 2021, the government said it would adjust the performance test to account ...

Australians cite ethical investing as advice gap: Investment Trends

RACHEL ALEMBAKIS  |  THURSDAY, 24 NOV 2022  |  NEWS
... would stop using or switch their adviser for not providing advice on ethical/responsible investment. High fees and lack of trust were the most cited reasons. While tax, managed funds and direct shares topped the list of topics that survey respondents ...

US Dept of Labor green-lights ESG integration

JAMIE WILLIAMSON, RACHEL ALEMBAKIS  |  WEDNESDAY, 23 NOV 2022  |  NEWS
US-based retirement plans can consider climate change and other ESG factors in their investment processes, according to a rule change by the U.S. Department of Labor (DOL). The announcement comes as the Securities and Exchange Commission fines Goldman ...

Trust in ethics plummets: Governance Institute

RACHEL ALEMBAKIS  |  THURSDAY, 17 NOV 2022  |  NEWS
... first response to the COVID-19 pandemic - plus a general sense that communities were 'all in it together' - saw trust soar, said Governance Institute CEO Megan Motto. "The context of the moment is an environment where we have the corralling effect ...

Seeking action at "implementation" COP27

RACHEL ALEMBAKIS  |  THURSDAY, 10 NOV 2022  |  NEWS
... "above and beyond their commitments for the sake of achieving 1.5oC," and achieving meaningful change would "strengthen trust, especially with younger generations who have increasingly voiced their anger at the perceived inaction to tackle climate change." ...