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Showing 61 - 70 of 246 results for "exclude"

Active Super to face court over greenwashing

RACHEL ALEMBAKIS  |  FRIDAY, 11 AUG 2023  |  NEWS
ASIC has filed a suit against Active Super over greenwashing claims, alleging, among other charges, that the super fund was invested in Russian assets after the invasion of Ukraine while purporting otherwise to members. The markets regulator has commenced ...

Are indexes the next target for greenwashing investigations?

RACHEL ALEMBAKIS  |  THURSDAY, 3 AUG 2023  |  NEWS
ASIC's latest action against Vanguard for allegations of greenwashing in a bond fund raises the question of whether the market regulator will crack down on index providers and other third-party service providers for greenwashing as well. Last month ...

Investments at risk: Finance "out of step" with climate science

ROSE MARY PETRASS  |  THURSDAY, 3 AUG 2023  |  NEWS
... Exeter in July also released findings that economic models underpinning climate scenario modelling in financial services exclude climate tipping points. The Carbon Tracker report warns of the serious prospect of an "unpleasant, abrupt and wealth destroying" ...

Challenging market weakens ESG-focused fund flows

ROSE MARY PETRASS  |  THURSDAY, 27 JUL 2023  |  NEWS
Australian and New Zealand sustainable funds saw record outflows of US$1.7 billion against a backdrop of global outflows. Inflation, interest rates and recession fears are weakening flows into global sustainable funds overall- which attracted $US18 ...

ASIC takes Vanguard to court over further greenwashing claims

RACHEL ALEMBAKIS  |  TUESDAY, 25 JUL 2023  |  NEWS
... Sevier Combined Cycle Generation LLC as examples. "We know that investors are increasingly seeking investment options that exclude certain industries, and investors need to be able to rely on investment screens to help them make these choices," said ...

Stakeholders weigh in on Nature Repair Market bill

ROSE MARY PETRASS  |  THURSDAY, 8 JUN 2023  |  NEWS
... with First Nations groups. Climate Friendly signaled its support for the NRM, but said the bill should either explicitly exclude offsetting at commencement, or enable participants to decide if their nature repair certificate can be used for only voluntary ...

Experts evaluate impact of Modern Slavery Act review

RACHEL ALEMBAKIS  |  THURSDAY, 1 JUN 2023  |  NEWS
The proposed reforms to Australia's Modern Slavery Act will serve to improve transparency and enhance focus on remedies and remediation of instances of modern slavery, according to experts. Last week, the Australian government tabled a sweeping review ...

Casting a wide net: ending modern slavery in fisheries

ROSE MARY PETRASS  |  THURSDAY, 27 APR 2023  |  NEWS
... as been a gradual trend in anti-slavery legislation towards supply chain reporting, with the US strengthening powers to exclude companies from federal contracts if they fail to report on human trafficking in their supply chain. In the UK, a recently ...

New Zealand regulator warns Vanguard for disclosure failure

RACHEL ALEMBAKIS  |  THURSDAY, 30 MAR 2023  |  NEWS
... International Shares Select Exclusions Index Funds excluded certain investments in tobacco, but "while this screen applied to exclude manufacturers of cigarettes and other tobacco products, it did not exclude companies involved in the sale of tobacco ...

Australian sustainable finance taxonomy to feature traffic-light system

RACHEL ALEMBAKIS  |  THURSDAY, 30 MAR 2023  |  NEWS
Australia's future taxonomy defining sustainable financial activity should adopt a traffic-light colour coded framework to allow financial products to be distinguished based on their alignment to sustainable activities. That is one of the recommendations ...