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Showing 41 - 50 of 211 results for "greenwashing"

NZ investors to buoy positive impact funds, fears greenwashing

MICHELLE BALTAZAR  |  THURSDAY, 1 AUG 2024  |  NEWS
... responsible investing rules when they clearly don't. The survey found 51% of the respondents are concerned about greenwashing. "The greenwashing issue is a critical wake-up call for the investment industry. KiwiSaver and investment providers need to ...

ACCR cuts ties with Rio Tinto

ROSE MARY PETRASS  |  THURSDAY, 1 AUG 2024  |  NEWS
Mining giant Rio Tinto's political lobbying activities are a greenwashing risk, a breach of public trust, and a form of investor deception, according to ACCR. This week, a prominent shareholder advocacy group announced it cut ties after a year-long ...

Aus funds hit by outflows, global gains for passive ESG

ROSE MARY PETRASS  |  MONDAY, 29 JUL 2024  |  NEWS
... growth ambitions," said Morningstar local senior manager research analyst Shamir Popat. He added that action against greenwashing by the Australian Securities and Investments Commission (ASIC) did not materially contribute to underperformance. "ESG integration ...

ISO to launch first net zero standards

ROSE MARY PETRASS  |  TUESDAY, 2 JUL 2024  |  NEWS
... ISO Net Zero Guidelines launched at COP27. It aims to accelerate sustainability, and vitally, will work to prevent greenwashing by supporting independently verified and comprehensive climate action. The organisation put out a call out for experts to ...

Latest disclosure update

ROSE MARY PETRASS  |  FRIDAY, 28 JUN 2024  |  NEWS
... The changes include two voluntary product categories, 'sustainable' and 'transition', to prevent greenwashing. 'Transition' investments are products that are not yet sustainable, while the 'sustainable' category focuses ...

Vision Super in hot water over coal investment

ELIZA BAVIN  |  TUESDAY, 25 JUN 2024  |  NEWS
... complicate matters, Vision Super is set to merge with Active Super in March 2025, with the latter found guilty of greenwashing earlier this month with its investment in Whitehaven Coal being one of investments scrutinised. In addition, Whitehaven recently ...

Sustainable Finance Roadmap to turbocharge investment

ROSE MARY PETRASS  |  THURSDAY, 20 JUN 2024  |  NEWS
... sustainable, so investors can better understand sustainable finance products. Notably, it also aims to help tackle greenwashing and data accuracy and promote the integrity and growth of sustainable markets. Kristy Graham, CEO of the Australian Sustainable ...

Active Super found guilty of greenwashing

ANDREW MCKEAN  |  THURSDAY, 6 JUN 2024  |  NEWS
Active Super has been found guilty of misleading the public with false claims about its environmental, social, and governance (ESG) credentials. The profit-to-member fund, which is set to merge with Vision Super in March 2025, made claims on its website ...

Data demand drives tech growth

ROSE MARY PETRASS  |  MONDAY, 3 JUN 2024  |  NEWS
... in demand is part of a push to base reporting and investment decisions on real data - and ultimately, to prevent greenwashing, CEO Carl Prins said. The regulatory is scrutinising green claims, and investors need to ensure data does not rely on estimates. ...

Accountants say digital is key

ROSE MARY PETRASS  |  MONDAY, 27 MAY 2024  |  NEWS
... standardised and accurate reporting framework. It may also - crucially - play a part in preventing unintentional greenwashing. PwC Australia sustainability reporting and assurance partner Carolyn Cosgrove said Aussie businesses are finding the mandatory ...