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Showing 51 - 60 of 240 results for "Greenwashing"

Greenwash top of mind for Kiwi funds

ROSE MARY PETRASS  |  THURSDAY, 5 DEC 2024  |  NEWS
... investing is now seen as necessary in the country - "it's now a foundation of how the financial industry operates" - so greenwashing is now also top of mind. "It's positive to see investment managers being much more careful when making claims and labelling ...

New tool sniffs out greenwashing

ROSE MARY PETRASS  |  TUESDAY, 26 NOV 2024  |  NEWS
... helping investors avoid over-reliance on offsets and meet real climate goal." This comes amidst an ongoing crackdown on greenwashing by the corporate regulator, the Australian Securities and Investments Commission (ASIC). Future Group manages $15 billion ...

Responsible funds thrive despite greenwash fears: RIAA

ROSE MARY PETRASS  |  WEDNESDAY, 20 NOV 2024  |  NEWS
Despite greenwashing being a major deterrent to responsible investment in 2024, the sector still saw $1.6 trillion inflows and returns outperformed the traditional Australian shares market. Responsible Investment Association Australasia's (RIAA) annual ...

Climate debate shifts gears after Trump win: IGCC

ROSE MARY PETRASS  |  THURSDAY, 7 NOV 2024  |  NEWS
... The right legislative, policy and regulatory settings will boost investor confidence. And whether it's nature, greenwashing, sector pathways or carbon markets, the mood at the conference was that government action is essential to ensure that guardrails ...

Boards vulnerable to next wave of climate litigation: IGCC

MICHELLE BALTAZAR  |  THURSDAY, 7 NOV 2024  |  NEWS
Climate litigation is on the rise, with incoming legislation and a Trump-led US government amping up the risks in the next four years - and new types of lawsuits are emerging. Speaking at the IGCC summit this week in Melbourne, academic expert Jaqueline ...

Green finance taxonomy in final throes

ROSE MARY PETRASS  |  FRIDAY, 1 NOV 2024  |  NEWS
... the final round of public consultation on a set of definitions to create a common language in investing and prevent greenwashing. The Australian Sustainable Finance Taxonomy will be a useful tool for investors and companies to assess the green claims ...

Australia leads in greenwashing lawsuits

ROSE MARY PETRASS  |  MONDAY, 28 OCT 2024  |  NEWS
Santos is in federal court this week over greenwashing allegations in the first court case in the world to challenge the legitimacy of a company's net zero emissions plan. This comes as the nonprofit Climate Integrity has made a complaint with the Australian ...

Mega recovery on cards for sustainable funds

ROSE MARY PETRASS  |  WEDNESDAY, 23 OCT 2024  |  NEWS
... sustainability. Unease surrounding fluctuating fund performance and regulatory uncertainty - particularly with regards to greenwashing litigations - means managers are overly cautious. "Many have taken their foot off the accelerator," says Higgins. Morningstar ...

Podcast: How to ace climate reporting and avoid greenwash with Kate O'Rourke

THE GREENER WAY  |  TUESDAY, 22 OCT 2024  |  NEWS
... serious consequences for non-compliance. Today's episode is your guide to mastering climate reporting and avoiding greenwashing. To explain, we have special guest Kate O'Rourke, Commissioner at the Australian Securities and Investments Commission ...

UniSuper defends APA stake amid member backlash

ROSE MARY PETRASS  |  WEDNESDAY, 2 OCT 2024  |  NEWS
... energy infrastructure group APA following member backlash. More than 1000 UniSuper members have accused the fund of greenwashing for its plans to enable gas fracking in the Beetaloo Basin, Northern Territory. Located 500 kilometres south of Darwin, the ...