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Showing 31 - 40 of 142 results for %22ASIC%22

ESG salaries revealed, talent shortage predicted as demand surges

ROSE MARY PETRASS  |  TUESDAY, 9 MAY 2023  |  NEWS
... permeating through the corporate and investment world. Regulatory changes and the increase in fines from regulatory bodies such as ASIC means it is more important than ever to mitigate ESG risks, as well as crack down on greenwashing. Traditionally lean ...

Stewardship and greenwashing in spotlight at RI Australia 2023

RACHEL ALEMBAKIS  |  THURSDAY, 4 MAY 2023  |  NEWS
... what our finance sector feels like." The efforts of regulators to address greenwashing will be a significant focus, with ASIC deputy chair Karen Chester delivering a keynote address on ASIC's direction. APRA executive director Sean Carmody will join ...

Jones calls for taxonomy to clarify greenwashing

RACHEL ALEMBAKIS  |  WEDNESDAY, 3 MAY 2023  |  NEWS
... Jones pointed to Treasury's announcement that it will provide an additional $4.3 million in the next financial year to assist ASIC to continue its existing focus on greenwashing. "Sustainable business strategy has to start in boardrooms and in investment ...

ASIC fines Future Super over greenwashing Facebook post

RACHEL ALEMBAKIS  |  TUESDAY, 2 MAY 2023  |  NEWS
ASIC has issued an infringement notice against Future Super for allegations of greenwashing over a 2019 Facebook post that garnered fewer than 30 views. In May 2019, Future Super put up a post that included the statement "Naysayers don't join together ...

Investors welcome Commonwealth green bond program

RACHEL ALEMBAKIS  |  THURSDAY, 27 APR 2023  |  NEWS
... for the country and its net zero ambitions, but also for Australian corporates. "With recent increases in regulation from ASIC, AUD green bond issuance has slowed whilst corporates evaluate their own sustainability objectives and the robustness of their ...

Super funds ESG options underweight BHP, overweight CSL: Rainmaker Information

RACHEL ALEMBAKIS  |  THURSDAY, 27 APR 2023  |  NEWS
Super fund ESG options on average have "sharply reduced" exposure to BHP, Woodside Energy and Transurban while being overweight CSL, Telstra and ResMed, according to Rainmaker Information. Rainmaker Information has released its most recent Rainmaker ...

Government to fund sustainable finance taxonomy development

RACHEL ALEMBAKIS  |  FRIDAY, 21 APR 2023  |  NEWS
... announced it will provide an extra $4.3 million to crack down on greenwashing by businesses. The funding will be provided to ASIC to expand its surveillance and enforcement functions. The government also announced it will introduce a Sovereign Green ...

Market Forces asks for ASIC investigation of ANZ

RACHEL ALEMBAKIS  |  WEDNESDAY, 5 APR 2023  |  NEWS
... resolution coordinated by the activist environmental advocacy group and proposed at the ANZ AGM in 2002. Market forces has asked ASIC to investigate "purported misconduct", alleging they are concerned that "ANZ and its directors have made misleading ...

New Zealand regulator warns Vanguard for disclosure failure

RACHEL ALEMBAKIS  |  THURSDAY, 30 MAR 2023  |  NEWS
New Zealand's market watchdog has pulled up Vanguard Investments for failing to officially inform them that ASIC had issued infringement notices relating to instances of greenwashing. The Financial Markets Authority (FMA) - Te Mana Tātai Hokohoko - ...

More greenwashing investigations ahead: ASIC

RACHEL ALEMBAKIS  |  THURSDAY, 2 MAR 2023  |  NEWS
... court case against Mercer superannuation for allegations of greenwashing is "just one of the investigations we have on foot," ASIC chair Joe Longo said. "We will do what we need to do to make sure entities are not misleading the market" on greenwashing ...