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Showing 41 - 50 of 142 results for %22ASIC%22

ASIC takes Mercer to court over greenwashing

RACHEL ALEMBAKIS  |  TUESDAY, 28 FEB 2023  |  NEWS
Mercer Super Trust is the first entity in Australia to face legal action for alleged greenwashing conduct. ASIC has launched court action against Mercer Superannuation (Australia), the trustee of the Mercer Super Trust, for allegedly making misleading ...

Government's Climate Active certification challenged over possible greenwashing

RACHEL ALEMBAKIS  |  WEDNESDAY, 15 FEB 2023  |  NEWS
... interested in these types of claims," Rickard said in a speecha. "We are working closely with other regulators, including ASIC and the Clean Energy Regulator. We will be taking a coordinated approach to addressing the broad range of issues relating to ...

ASIC issues Indigenous Financial Services Framework

RACHEL ALEMBAKIS  |  WEDNESDAY, 15 FEB 2023  |  NEWS
ASIC has acknowledged that First Nations peoples have been "prohibited and excluded from participating in the Australian financial system," and has published an Indigenous Financial Services Framework to support positive financial outcomes for First ...

Ethical, sustainable ETFs top $9bn: Betashares

RACHEL ALEMBAKIS  |  THURSDAY, 26 JAN 2023  |  NEWS
... marketing to make sure it's consistent with those principle, and I'm happy to say it pretty much was," Liddell said. "What ASIC didn't do, of course, is that it hasn't done what Europe and Japan has done, which is define green. It does mean that in this ...

Podcast: How to spot greenwashing

RACHEL ALEMBAKIS  |  THURSDAY, 12 JAN 2023  |  NEWS
... actions they can take to do their part on sustainability. Greenwashing will continue to be a key topic of interest in 2023. ASIC has continued its crackdown on greenwashing, having recently fined two more entities over alleged false or misleading statements. ...

ASIC issues more greenwashing fines

RACHEL ALEMBAKIS  |  MONDAY, 9 JAN 2023  |  NEWS
ASIC has continued its crackdown on greenwashing, having recently fined two more entities over alleged false or misleading statements. Earlier this month, ASIC announced they fined superannuation trustee Diversa Trustees $13,320. Diversa is the issuer ...

Australia to introduce mandatory climate reporting

RACHEL ALEMBAKIS  |  TUESDAY, 13 DEC 2022  |  NEWS
... international engagement. Chalmers also noted that he wrote to the Council of Financial Regulators - which includes the RBA, APRA, ASIC, and Treasury - asking for support for the broader agenda, including disclosure reforms and tackling greenwashing. ...

ASIC proceedings name Pendal board member

ANDREW MCKEAN  |  TUESDAY, 13 DEC 2022  |  NEWS
ASIC has started civil penalty proceedings against 11 current and former directors and executives of Star Entertainment Group, including a Pendal Group director. ASIC deputy chair Sarah Court argued that the Star's board and executives failed to ...

Vanguard quits net zero investor initiative

RACHEL ALEMBAKIS  |  THURSDAY, 8 DEC 2022  |  NEWS
... support their internal net zero commitments. Last week, Vanguard Investments became the first investment manager to be fined by ASIC over greenwashing. Vanguard paid $39,960 to comply with three infringement notices related to product disclosure statements ...

ASIC warns directors over sustainability disclosures

RACHEL ALEMBAKIS  |  THURSDAY, 8 DEC 2022  |  NEWS
The Australian Securities and Exchange Commission (ASIC) has warned directors that they will continue to focus on the sustainability-related disclosure and governance practices of listed companies, managed funds, superannuation funds and green bonds. ...