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Showing 61 - 70 of 177 results for "Greenwashing 2.0"

Aus funds hit by outflows, global gains for passive ESG

ROSE MARY PETRASS  |  MONDAY, 29 JUL 2024  |  NEWS
Latest fund data show ESG funds were hit hard by outflows in the June quarter, but some strategies and fund managers are thriving. Australia and New Zealand sustainable funds suffered $1.2 billion in outflows (US$800 million) in the three months to ...

ISO to launch first net zero standards

ROSE MARY PETRASS  |  TUESDAY, 2 JUL 2024  |  NEWS
The International Organization for Standardization (ISO) will develop its first international net zero standard to launch at COP30 in November 2025 in Brazil. The standard will be an expansion of the ISO Net Zero Guidelines launched at COP27. It aims ...

Vision Super in hot water over coal investment

ELIZA BAVIN  |  TUESDAY, 25 JUN 2024  |  NEWS
Vision Super has found itself in hot water after analysis revealed it has purchased $2.2 million worth of Whitehaven Coal stocks after walking back its fossil fuel exclusion policy last year. The super fund changed its environmental, social and governance ...

Sustainable Finance Roadmap to turbocharge investment

ROSE MARY PETRASS  |  THURSDAY, 20 JUN 2024  |  NEWS
Investor groups welcome the Australian Government's plan to mobilise private capital to the net zero transition, modernise financial markets and maximise the economic opportunity of sustainability. The Sustainable Finance Roadmap aims to supercharge ...

Budget 2024: Regulators given boost to combat misconduct, cybersecurity

JAMIE WILLIAMSON  |  WEDNESDAY, 15 MAY 2024  |  NEWS
The government will provide $17.3 million over four years to ASIC and APRA to combat greenwashing and other related financial misconduct and help further develop Australia's sustainable finance market. In a bid to promote the development of sustainable ...

Member accuses UniSuper of greenwashing

JAMIE WILLIAMSON  |  THURSDAY, 9 MAY 2024  |  NEWS
UniSuper was recently hit with fresh allegations of greenwashing by a member who issued a complaint to ASIC in relation to certain holdings. The member believes UniSuper marketing two of its three responsible investment options as 'sustainable' places ...

Greenwashing crackdown will boost ESG fund flows: ASIC

ROSE MARY PETRASS  |  THURSDAY, 2 MAY 2024  |  NEWS
Corporate watchdog chair Joe Longo has underlined the regulator's hardline approach and said compliance leads to more profitability. Responsible investors must ensure their products are true-to-label in order to avoid greenwashing, the Australian ...

Funding green buildings risks greenwashing accusations

ROSE MARY PETRASS  |  THURSDAY, 18 APR 2024  |  NEWS
Climate Energy Finance (CEF) says buildings are the "low-hanging fruit" that make up the lion's share of the big four banks' sustainable finance target (SFT) of $385 billion by 2030 - while just 7% flows to financing clean energy and hard-to-abate sectors. ...

RIAA: Sustainability goes mainstream

ROSE MARY PETRASS  |  THURSDAY, 11 APR 2024  |  NEWS
The RIAA Conference Australia 2024 is coming up in May, helping investors navigate the mainstreaming of sustainability, and unveiling pivotal initiatives like the Sustainability Classifications and the Artificial Intelligence and Human Rights Investor ...

Impact investing drops down the list

ROSE MARY PETRASS  |  TUESDAY, 2 APR 2024  |  NEWS
New global findings from a US$240 billion asset manager finds that persistent inflation and market volatility has investors' minds focused on returns rather than impact. While impact investing experiences a drop in appeal, nearly three-quarters ...