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Showing 21 - 30 of 254 results for "greenwash"

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. ...

UK to bring ESG ratings providers under regulation

RIDDHIMA TALWANI  |  THURSDAY, 30 OCT 2025  |  NEWS
The UK government has put forward legislation to bring ESG ratings providers into the remit of the Financial Conduct Authority (FCA). FCA welcomed the step and said it marked a significant milestone in UK's commitment to enhancing transparency and trust ...

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 ...

Canadian fund manager pinged for greenwashing

JAMIE WILLIAMSON  |  FRIDAY, 19 SEP 2025  |  NEWS
The Ontario Securities Commission (OSC) accused Purpose Investments of greenwashing, saying it overstated how seriously it considered ESG factors for almost four years. Purpose Investments is a Canadian fund manager with about $22 billion in funds under ...

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 ...

Aberdeen drops 'sustainable' from fund name

JAMIE WILLIAMSON  |  TUESDAY, 19 AUG 2025  |  NEWS
Aberdeen is changing the name of one of its emerging markets strategies, saying ESG commitments have been "tempered" as part of a broader reshaping of the fund. From September 30, the Aberdeen Sustainable Emerging Opportunities Fund will be known as ...

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 ...