Search Results

Showing 71 - 80 of 159 results for "Greenwashing"

Companies urged to address Scope 3 emissions

ROSE MARY PETRASS  |  THURSDAY, 8 JUN 2023  |  NEWS
Companies need to address their Scope 3 emissions and sustainability claims for greenwashing, ahead of new Safeguard Mechanism rules. With Safeguard Mechanism reforms set to come into effect on July 1 for the hard-to-abate sector of industrial emitters ...

Treasury mandates APRA must consider climate risk in duties

RACHEL ALEMBAKIS  |  THURSDAY, 8 JUN 2023  |  NEWS
... second half of 2023. The strategy will include development of new standards and taxonomy and initiatives to reduce greenwashing and strengthen ESG labelling. The government is also introducing a sovereign green bonds program. The treasurer last month ...

ASIC chair calls out greenhushing as form of greenwashing

RACHEL ALEMBAKIS  |  MONDAY, 5 JUN 2023  |  NEWS
Greenhushing - in which companies stop all voluntary disclosure of ESG information - is just another form of greenwashing, according to ASIC chair Joe Longo. In a public speech today, Longo provided additional context to the market regulator's focus ...

ISSB to unlock sustainable capital: IFRS exec

RACHEL ALEMBAKIS  |  THURSDAY, 25 MAY 2023  |  NEWS
... transparency in capital markets is the mission of the foundation overall," she said. "The ISSB standards will mitigate greenwashing, just by the way that they're asking information to be prepared." McBrien put out a call for Australian organisatoins ...

Are companies drowning in a sea of ESG requests?

ROSE MARY PETRASS  |  WEDNESDAY, 17 MAY 2023  |  NEWS
... panellists discussed how better collaboration and deeper engagement by investors can help improve ESG metrics and avoid greenwashing in companies. FS Sustainability was media partner to the event. Corporate engagement can be time-consuming and complex ...

No pause button on greenwashing action: ASIC

ROSE MARY PETRASS  |  THURSDAY, 11 MAY 2023  |  NEWS
ASIC is updating its enforcement approach to greenwashing-type misconduct in response to a global rise in sustainability-related products and product strategies. ASIC deputy chair Karen Chester this week outlined a plan for the corporate, market and ...

Renewable energy, climate in spotlight in Federal Budget

RACHEL ALEMBAKIS  |  TUESDAY, 9 MAY 2023  |  NEWS
... Budget also included previously announced measures, such as an additional $4.3 million for ASIC to crack down on greenwashing by businesses. The funding will be provided to ASIC to expand its surveillance and enforcement functions. The government has ...

Companies urged to act on greenwashing ahead of new ISSB framework

ROSE MARY PETRASS  |  TUESDAY, 9 MAY 2023  |  NEWS
Companies are warned to stay ahead of the Australian Competition and Consumer Commission's (ACCC) crackdown on greenwashing and the forthcoming release of the new International Sustainability Standards Board (ISSB) standards that will be released in ...

ESG salaries revealed, talent shortage predicted as demand surges

ROSE MARY PETRASS  |  TUESDAY, 9 MAY 2023  |  NEWS
... regulatory bodies such as ASIC means it is more important than ever to mitigate ESG risks, as well as crack down on greenwashing. Traditionally lean ESG and responsible investment teams have been growing as demand increases and previously outsourced ...

Stewardship and greenwashing in spotlight at RI Australia 2023

RACHEL ALEMBAKIS  |  THURSDAY, 4 MAY 2023  |  NEWS
Greenwashing, investment stewardship and the maturation of the responsible investment sector will be key themes in the Responsible Investment Association Australasia (RIAA) RI Australia 2023 conference. RI Australia 2023 will be in Melbourne May 10-11. ...