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Showing 31 - 40 of 153 results for "greenwashing"

Greenwashing a serious threat to financial markets: ASIC

RACHEL ALEMBAKIS  |  THURSDAY, 23 NOV 2023  |  NEWS
ASIC has identified sustainable finance governance and greenwashing as one of three key focus areas for action in 2024. Speaking at this week's annual forum, ASIC chair Joe Longo said sustainable financial reporting and disclosure, better consumer outcomes ...

Corporate net zero plans at odds with anti-climate lobbying

ROSE MARY PETRASS  |  MONDAY, 20 NOV 2023  |  NEWS
... Steel Corporation, Repsol, and Stellantis, are among the 21.5% of companies assessed to be at significant risk of greenwashing due to their policy engagement. The findings come from independent think tank InfluenceMap, which used the UN High-Level Expert ...

Greenwashing a barrier to responsible investment uptake

RACHEL ALEMBAKIS  |  THURSDAY, 16 NOV 2023  |  NEWS
Investors considering responsible investment products say greenwashing, lack of understanding of methodology used by managers and a desire for financial advice first is stopping them from investing. According to the third 2023 Responsible Investing ...

Preparing for COP28: nature and climate integration

ROSE MARY PETRASS  |  TUESDAY, 14 NOV 2023  |  NEWS
... and compliance. This signals a paradigm shift in the ESG sector, accompanied by a growing emphasis on issues like greenwashing and 'greenhushing' - the deliberate hiding or underreporting of ESG activities to evade public scrutiny. COP28: nature ...

FS Sustainability launches ESG Power50 nominations

RACHEL ALEMBAKIS  |  MONDAY, 13 NOV 2023  |  NEWS
... Treasury announced a long-anticipated sustainable finance strategy. This year has also brought challenges in the form of greenwashing investigations, causing companies to rethink they ways in which they implement their ESG targets and objectives. The ...

ASIC considering wider lens for greenwashing focus

RACHEL ALEMBAKIS  |  THURSDAY, 9 NOV 2023  |  NEWS
ASIC is considering widening its greenwashing focus to include net zero statements, use of terms like "carbon neutral" and the scope and application of investment exclusions and screens. "Our enforcement actions in response to concerns of greenwashing ...

PRI, CFA Institute and GSIA agree to common RI definitions

RACHEL ALEMBAKIS  |  MONDAY, 6 NOV 2023  |  NEWS
... Australia. "Promoting the consistent and precise use of terminology in responsible investment will help to reduce greenwashing and introduce greater consistency among asset managers in developing and marketing responsible investment products," Carroll ...

Impact investing as greenwashing antidote: T. Rowe Price

RACHEL ALEMBAKIS  |  MONDAY, 6 NOV 2023  |  NEWS
... portfolios around metrics such as direct revenue with real world social and/or environmental impact may be a solution to greenwashing, according to T. Rowe Price. Recently, T. Rowe Price global impact equity strategy Hari Balkrishna was in Melbourne ...

Fears grow around greenwashing litigation protections

ROSE MARY PETRASS  |  MONDAY, 6 NOV 2023  |  NEWS
... the shareholder, the market and societal interests at large, O'Brien said. ACCR is currently in the midst of a greenwashing lawsuit against Santos. FS Sustainability understands this suit would not have been able to be filed if the proposed phase-in ...

PRI to shake up reporting framework for signatories

RACHEL ALEMBAKIS  |  THURSDAY, 26 OCT 2023  |  NEWS
... That's quite an important question." As regulators are setting standards for disclosure on sustainability and policing greenwashing, PRI and its reporting systems have to evolve was well, Fabian said. "We broadly accept that as regulators set in, the ...