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Showing 71 - 80 of 239 results for "Greenwashing"

Latest disclosure update

ROSE MARY PETRASS  |  FRIDAY, 28 JUN 2024  |  NEWS
... The changes include two voluntary product categories, 'sustainable' and 'transition', to prevent greenwashing. 'Transition' investments are products that are not yet sustainable, while the 'sustainable' category focuses ...

Vision Super in hot water over coal investment

ELIZA BAVIN  |  TUESDAY, 25 JUN 2024  |  NEWS
... complicate matters, Vision Super is set to merge with Active Super in March 2025, with the latter found guilty of greenwashing earlier this month with its investment in Whitehaven Coal being one of investments scrutinised. In addition, Whitehaven recently ...

Sustainable Finance Roadmap to turbocharge investment

ROSE MARY PETRASS  |  THURSDAY, 20 JUN 2024  |  NEWS
... sustainable, so investors can better understand sustainable finance products. Notably, it also aims to help tackle greenwashing and data accuracy and promote the integrity and growth of sustainable markets. Kristy Graham, CEO of the Australian Sustainable ...

Active Super found guilty of greenwashing

ANDREW MCKEAN  |  THURSDAY, 6 JUN 2024  |  NEWS
Active Super has been found guilty of misleading the public with false claims about its environmental, social, and governance (ESG) credentials. The profit-to-member fund, which is set to merge with Vision Super in March 2025, made claims on its website ...

Data demand drives tech growth

ROSE MARY PETRASS  |  MONDAY, 3 JUN 2024  |  NEWS
... in demand is part of a push to base reporting and investment decisions on real data - and ultimately, to prevent greenwashing, CEO Carl Prins said. The regulatory is scrutinising green claims, and investors need to ensure data does not rely on estimates. ...

Accountants say digital is key

ROSE MARY PETRASS  |  MONDAY, 27 MAY 2024  |  NEWS
... standardised and accurate reporting framework. It may also - crucially - play a part in preventing unintentional greenwashing. PwC Australia sustainability reporting and assurance partner Carolyn Cosgrove said Aussie businesses are finding the mandatory ...

ESG demand still high for advisers

ROSE MARY PETRASS  |  THURSDAY, 23 MAY 2024  |  NEWS
... Alembakis commented. Advisors are receiving an uptick in questions from clients around sustainable investing - and greenwashing. In his own professional practice, Nathan Fradley Specialist Financial Advice, Fradley finds the overwhelming majority of ...

The 50 most influential ESG corporate professionals in Australia named

ROSE MARY PETRASS  |  TUESDAY, 21 MAY 2024  |  NEWS
... vast range of material ESG issues. "One of the prevailing themes this year is how consumers can be educated about 'greenwashing'. There is a heightened awareness against false claims and we see a strong commitment among our Power50 entries towards improved ...

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 ...