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Showing 851 - 860 of 1815 results for "Green"

ACCC investigating greenwashing allegations

RACHEL ALEMBAKIS  |  THURSDAY, 2 MAR 2023  |  NEWS
... Catriona Lowe said. "We will take enforcement action where it is appropriate to do so as it is critical that consumer trust in green claims is not undermined." The regulator found that cosmetic, clothing and footwear and food and drink sectors "were ...

More greenwashing investigations ahead: ASIC

RACHEL ALEMBAKIS  |  THURSDAY, 2 MAR 2023  |  NEWS
... "Reliable disclosure practices are vital to a well-functioning market," Longo said. "The treasurer has spoken about attracting green capital to Australia as the world decarbonises. This can only happen if Australia's market is reliable and transparent ...

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 ...

AXA IM sets ESG targets for executive remuneration

RACHEL ALEMBAKIS  |  THURSDAY, 23 FEB 2023  |  NEWS
... reflect that trajectory. Bigos explained that this means not only considering equities but also fixed income vehicles like green bonds, which she called a "marriage of capital and purpose." "The major difference between a nominal bond and a green bond ...

Heavy industry could decarbonise with ambitious action: report

RACHEL ALEMBAKIS  |  THURSDAY, 23 FEB 2023  |  NEWS
... decarbonization" and needs to be scaled up rapidly. Early uptake and integration of renewable electricity, electrification, and use of green hydrogen to substitute for other fuel sources can help Australia achieve competitive costs for reliable decarbonised ...

Frasers Property inks fresh sustainability-linked loans

RACHEL ALEMBAKIS  |  WEDNESDAY, 22 FEB 2023  |  NEWS
... sustainability-linked loan tied to a prescribed reduction in annual absolute greenhouse gas emissions, marking our steady progress in green certifying the group's owned and asset-managed properties. To date, Frasers Property has secured over S$9 billion ...

Centuria acquires SA agricultural property

RACHEL ALEMBAKIS  |  WEDNESDAY, 22 FEB 2023  |  NEWS
Centuria has expanded the porftlio of its unlisted agriculture fund with the purchase of a 246 hectare South Australia site that includes a 20 hecatare glasshouse facility. The Centuria Agriculture Fund (CAF)'s latest acquisition is a Port Augusta property ...

Climate change to shape economy long-term: Forum

RACHEL ALEMBAKIS  |  THURSDAY, 16 FEB 2023  |  NEWS
The "existential crisis" of climate change, equality and equity of workforce participation in the economy and the aging population are all issues that will affect the budget, markets, and the shape of Australia's economy. Speaking at the Financial ...

Government's Climate Active certification challenged over possible greenwashing

RACHEL ALEMBAKIS  |  WEDNESDAY, 15 FEB 2023  |  NEWS
... while credible claims are unrecognised and unrewarded." In September last year, the ACCC said it was "actively monitoring" green claims and won't hesitate to take enforcement action if consumers are being misled or deceived by greenwashing. Then-deputy ...

ARENA backs concentrate solar power plant

RACHEL ALEMBAKIS  |  TUESDAY, 14 FEB 2023  |  NEWS
... initiative with Germany for Vast Solar's Solar Methanol production plant which consists of a 10 MW electrolyser producing green hydrogen for solar methanol production. Electricity and heat generated by VS1 will be used to power the electrolyser. The ...