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Showing 71 - 80 of 249 results for "greenwash"

ACCR cuts ties with Rio Tinto

ROSE MARY PETRASS  |  THURSDAY, 1 AUG 2024  |  NEWS
... powerful signal that investors need to reevaluate their trust in emissions-intensive companies. "ASIC is pursuing corporate greenwash as a form of investor deception," Buckley said. Making public statements that a company is taking action on net zero ...

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 ...

Latest disclosure update

ROSE MARY PETRASS  |  FRIDAY, 28 JUN 2024  |  NEWS
Global standards, benchmarks and taxonomies move to align for greater interoperability - the EU proposes new sustainable financial product labels. Here is the latest. TNFD and EFRAG release alignment mapping The Taskforce on Nature-related Financial ...

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 ...

Podcast: Researching ESG investment products with Aman Ramrakha

THE GREENER WAY  |  TUESDAY, 11 JUN 2024  |  NEWS
... Finding the right ESG investment product that delivers returns alongside positive impact, while side-stepping potential greenwash or unethical business practices can be a rocky road - whether you're an institutional investor, a wholesale investor ...

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
An Aussie start-up has become the world's largest private markets emissions data network with USD$3.5 trillion AUM. Founded in 2020 Pathzero now has initial emissions data for more than USD$3.5 trillion of the USD$13.1 trillion in global private ...

Accountants say digital is key

ROSE MARY PETRASS  |  MONDAY, 27 MAY 2024  |  NEWS
Digitally integrating climate and financial reporting may help circumvent the challenges entities face meeting Australia's looming reporting rules, argue Deloitte and PwC. Mandatory climate reporting in Australia is set to come into force from this ...