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Showing 51 - 60 of 247 results for "greenwashing"

Auditors tighten fist on greenwashing

ROSE MARY PETRASS  |  TUESDAY, 28 JAN 2025  |  NEWS
... flux in Australia as mandatory reporting begins for large entities and financial firms. Part of a broad crackdown on greenwashing and ESG-related fraud, the standards aim to boost confidence and transparency with a focus on investor protection. The International ...

Climate funds see first year of outflows

ROSE MARY PETRASS  |  FRIDAY, 24 JAN 2025  |  NEWS
... noted. "Some individual states took legal action to limit the incorporation of ESG criteria in investment decisions. "Greenwashing concerns remained a persistent concern for investors."

High ESG score? More likely to greenwash

ROSE MARY PETRASS  |  WEDNESDAY, 15 JAN 2025  |  NEWS
... reflect a company's true environmental impact - in fact, there is a positive correlation between high ESG scores and greenwashing. Companies with high ESG scores are more likely to greenwash - particularly large ones, new research published in Finance ...

Green careers in silent crisis

ROSE MARY PETRASS  |  MONDAY, 13 JAN 2025  |  NEWS
... New insights reveal sustainability professionals are fighting anxiety, loneliness, imposter syndrome, and internal greenwashing, both at home and abroad. A UK study has revealed 43% of green professionals are the sole staff member responsible for sustainability ...

The big green investing trends of 2025

ROSE MARY PETRASS  |  THURSDAY, 19 DEC 2024  |  NEWS
... Standard, and an increasing focus on transition plans, will boost sustainability-linked bonds issuance. New EU anti-greenwashing rules may force 30-50% of funds to rebrand, with some adjusting strategies or closing. In Australia however, Bioy does not ...

Top consulting firms pilot SAP carbon tool

ROSE MARY PETRASS  |  THURSDAY, 19 DEC 2024  |  NEWS
... board of SAP SE. "Only by moving from averages to actuals - audited at reasonable assurance - can freeriding and greenwashing be avoided, thereby protecting such valuable investment and our planet." The tool aligns with the ISSB, and Europe's CSRD, ETS ...

Most-read articles of 2024

ROSE MARY PETRASS  |  THURSDAY, 19 DEC 2024  |  NEWS
... immune finally began feeling the pinch in October. Read here. ESG ratings risk greenwash ASIC's roll call of greenwashing interventions released in September highlighted a flaw in ESG ratings as a reliable metric for fund managers, a global index ...

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 ...