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Showing 21 - 30 of 153 results for "greenwashing"

Top 10 most-read articles of 2023

ROSE MARY PETRASS  |  THURSDAY, 28 DEC 2023  |  NEWS
... investment activities and demonstrate how stewardship activities generate value in investments. #5: ASIC issues more greenwashing fines January: ASIC continued its crackdown on greenwashing, having previously fined two more entities over alleged false ...

ESG in 2024: key trends and legislative changes for the year ahead

ROSE MARY PETRASS  |  THURSDAY, 28 DEC 2023  |  NEWS
... metrics. Industry leaders are under pressure to streamline reporting, enhance transparency, and mitigate the risk of greenwashing litigations. New ESG regulations will necessitate ESG integration across all business functions, moving away from siloed ...

Northern Trust pulled up for greenwashing

ROSE MARY PETRASS  |  THURSDAY, 21 DEC 2023  |  NEWS
Northern Trust Asset Management Australia has paid just shy of $30,000 over allegations of greenwashing. ASIC brought two infringement notices against the local arm of the global fund manager alleged false and misleading statements in the application ...

ACCC issues greenwashing guidance

RACHEL ALEMBAKIS  |  THURSDAY, 14 DEC 2023  |  NEWS
The Australian Competition and Consumer Commission (ACCC) has released final guidance on greenwashing while flagging that emissions and offsetting claims are in the spotlight next year. The principles comprise the ACCC's final guidance on environmental ...

COP28: "Weak" Global Stocktake slammed

ROSE MARY PETRASS  |  TUESDAY, 12 DEC 2023  |  NEWS
... does not mention oil and gas. It now states to "phase down" and "reduce" fossil fuels. A paragraph on eliminating greenwashing, included in a previous draft, is now deleted. The COP28 summit in Dubai is set to wrap up on Tuesday, 12 December, with an ...

Research flags need for comprehensive ESG reporting

ROSE MARY PETRASS  |  THURSDAY, 7 DEC 2023  |  NEWS
... leading publicly traded companies to robustly follow corporate sustainability frameworks may contribute to potential greenwashing concerns. Corporate disclosure of sustainability reporting frameworks gives investors and the broader public confidence ...

Nature Market Repair Bill passes Senate

RACHEL ALEMBAKIS  |  WEDNESDAY, 6 DEC 2023  |  NEWS
... business, philanthropists, and others to invest in projects that restore and repair nature across Australia - without greenwashing," said Minister for the Environment and Water Tanya Plibersek. "Investment in the Nature Repair Market means landholders ...

New advisory body for nature investment

ROSE MARY PETRASS  |  TUESDAY, 5 DEC 2023  |  NEWS
... will make it easier for business and philanthropists to invest in activities that help repair nature while avoiding greenwashing." Chair Ken Henry, economist and former secretary of the department of treasury, will be joined by Australian Sustainable ...

Sustainable AUM tops US$30 trn despite tighter labels

ROSE MARY PETRASS  |  WEDNESDAY, 29 NOV 2023  |  NEWS
... as regulators and policymakers strengthen definitions of when a fund can be described as "sustainable" to address greenwashing risks. In Europe, the results find a long-term trend of the proportion of assets defined as "sustainable" dropping by approximately ...

Surge in executive support for sustainability

ROSE MARY PETRASS  |  THURSDAY, 23 NOV 2023  |  NEWS
... pay a living wage. Notably, the report found a gap between executives and consumers when it comes to perceptions of greenwashing. 17% of executives believe consumers are concerned about greenwashing - when a Capgemini global survey of 6500 consumers ...