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Showing 41 - 50 of 254 results for "greenwash"

FCA pauses plans to extend disclosure, labelling rules

JAMIE WILLIAMSON  |  MONDAY, 5 MAY 2025  |  NEWS
The UK's Financial Conduct Authority is pausing plans to extend its Sustainability Disclosure Requirements (SDR) and product labelling regime to portfolio managers, saying now is not the right time. The FCA had announced some 12 months ago that it would ...

Countdown to RIAA conference is on

MICHELLE BALTAZAR  |  MONDAY, 28 APR 2025  |  NEWS
The largest gathering of sustainable investment professionals in the Southern Hemisphere is scheduled for next month - and the event organiser, the Responsible Investment Association Australasia (RIAA), has pulled industry heavyweights to the stage. ...

Investors continue to dump Climate Active certifications

JAMIE WILLIAMSON  |  THURSDAY, 17 APR 2025  |  NEWS
IFM Investors and Insignia Financial have confirmed their exit from the government's Climate Active scheme. Launched in 2019, Climate Active certifies organisations, products, events and brands as being carbon neutral. IFM Investors was certified ...

DWS fined $43m for greenwashing

JAMIE WILLIAMSON  |  THURSDAY, 3 APR 2025  |  NEWS
DWS will pay $43 million (US$27m) to settle a long-running greenwashing case brought by Frankfurt prosecutors. In 2021, a whistleblower - former DWS group sustainability officer Desiree Fixler - came forward with claims the asset manager was making ...

5000 European ESG funds investing in fossil fuels

JAMIE WILLIAMSON  |  THURSDAY, 20 MAR 2025  |  NEWS
Close to 5000 European funds being marketed as ESG hold interests in companies involved in fossil fuels, research shows. Close to 5000 funds being marketed as ESG in Europe hold interests in companies involved in fossil fuels, research shows. Analysing ...

Active Super to pay $10.5m for greenwashing

KARREN VERGARA  |  TUESDAY, 18 MAR 2025  |  NEWS
Active Super's greenwashing will cost it $10.5 million in civil penalties for misleading members about its ESG credentials purported to eliminate investments in Russian companies and others involved in mining and tobacco, the Federal Court determined. ...

Advertisers to adhere to new Environmental Claims Code

JAMIE WILLIAMSON  |  MONDAY, 10 MAR 2025  |  NEWS
This month marked the introduction of the Australian Association of National Advertisers' (AANA) Environmental Claims Code, another weapon in the fight against greenwashing. Effective March 1, advertisers and marketers across Australia must apply ...

Universities jump on ESG skills shortage

ROSE MARY PETRASS  |  MONDAY, 17 FEB 2025  |  NEWS
Tertiary education providers are cottoning on to the ESG skills deficit, with new university courses looking to capitalise on the trend. Monash Law recently announced it will launch a new course that brings corporate law to a broader cohort. 'LAW5488 ...

Weak whistleblowing protocols risks ethicswashing

ROSE MARY PETRASS  |  FRIDAY, 14 FEB 2025  |  NEWS
ESG commitments without whistleblowing infrastructure in place risk 'ethicswashing' and enforcement by the regulator, warns global reporting services provider Report It Now. You've heard of greenwashing, greenhushing and socialwashing - now meet ethicswashing ...

ETF fund flows hit US$16bn

ROSE MARY PETRASS  |  THURSDAY, 6 FEB 2025  |  NEWS
At the start of 2024 ethical, responsible, and sustainability-themed exchange-traded funds (ETFs) held $11.47 billion in funds under management - and grew 23% in the year. Net flows were $716.8 million during 2024, and at the end of the year the category ...