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Showing 81 - 90 of 211 results for "Greenwashing"

Northern Trust pulled up for greenwashing

ROSE MARY PETRASS  |  THURSDAY, 21 DEC 2023  |  NEWS
Northern Trust Asset Management Australia has paid just shy of $30,000 over allegations of greenwashing. ASIC brought two infringement notices against the local arm of the global fund manager alleged false and misleading statements in the application ...

ACCC issues greenwashing guidance

RACHEL ALEMBAKIS  |  THURSDAY, 14 DEC 2023  |  NEWS
The Australian Competition and Consumer Commission (ACCC) has released final guidance on greenwashing while flagging that emissions and offsetting claims are in the spotlight next year. The principles comprise the ACCC's final guidance on environmental ...

COP28: "Weak" Global Stocktake slammed

ROSE MARY PETRASS  |  TUESDAY, 12 DEC 2023  |  NEWS
... does not mention oil and gas. It now states to "phase down" and "reduce" fossil fuels. A paragraph on eliminating greenwashing, included in a previous draft, is now deleted. The COP28 summit in Dubai is set to wrap up on Tuesday, 12 December, with an ...

Research flags need for comprehensive ESG reporting

ROSE MARY PETRASS  |  THURSDAY, 7 DEC 2023  |  NEWS
... leading publicly traded companies to robustly follow corporate sustainability frameworks may contribute to potential greenwashing concerns. Corporate disclosure of sustainability reporting frameworks gives investors and the broader public confidence ...

Nature Market Repair Bill passes Senate

RACHEL ALEMBAKIS  |  WEDNESDAY, 6 DEC 2023  |  NEWS
... business, philanthropists, and others to invest in projects that restore and repair nature across Australia - without greenwashing," said Minister for the Environment and Water Tanya Plibersek. "Investment in the Nature Repair Market means landholders ...

New advisory body for nature investment

ROSE MARY PETRASS  |  TUESDAY, 5 DEC 2023  |  NEWS
... will make it easier for business and philanthropists to invest in activities that help repair nature while avoiding greenwashing." Chair Ken Henry, economist and former secretary of the department of treasury, will be joined by Australian Sustainable ...

Sustainable AUM tops US$30 trn despite tighter labels

ROSE MARY PETRASS  |  WEDNESDAY, 29 NOV 2023  |  NEWS
... as regulators and policymakers strengthen definitions of when a fund can be described as "sustainable" to address greenwashing risks. In Europe, the results find a long-term trend of the proportion of assets defined as "sustainable" dropping by approximately ...

Surge in executive support for sustainability

ROSE MARY PETRASS  |  THURSDAY, 23 NOV 2023  |  NEWS
... pay a living wage. Notably, the report found a gap between executives and consumers when it comes to perceptions of greenwashing. 17% of executives believe consumers are concerned about greenwashing - when a Capgemini global survey of 6500 consumers ...

Greenwashing a serious threat to financial markets: ASIC

RACHEL ALEMBAKIS  |  THURSDAY, 23 NOV 2023  |  NEWS
ASIC has identified sustainable finance governance and greenwashing as one of three key focus areas for action in 2024. Speaking at this week's annual forum, ASIC chair Joe Longo said sustainable financial reporting and disclosure, better consumer outcomes ...

Corporate net zero plans at odds with anti-climate lobbying

ROSE MARY PETRASS  |  MONDAY, 20 NOV 2023  |  NEWS
... Steel Corporation, Repsol, and Stellantis, are among the 21.5% of companies assessed to be at significant risk of greenwashing due to their policy engagement. The findings come from independent think tank InfluenceMap, which used the UN High-Level Expert ...

Editor's Choice

Santos receives takeover offer from Abu Dhabi-led consortium

ANDREW MCKEAN
Santos has received a non-binding $8.89 per share cash offer from the XRG Consortium, led by XRG P.J.S.C., a subsidiary of Abu Dhabi National Oil Company (ANDOC), alongside Abu Dhabi's sovereign wealth fund ADQ and US private equity firm Carlyle.

What do the best-functioning boards look like?

KARREN VERGARA
The best-functioning boards are future thinkers, understand their ESG responsibilities and are able to show their "battle scars," according to two governance experts.

Funding lifts for climate, health, people startups

KARREN VERGARA
While funding for impact startups has broadly declined, those operating in climate, health and people has seen funding levels improve compared to three years ago, according to the Impact Startups Benchmark Report 2025.

Mind the gap: Investors' role in balancing fairness and competitiveness in executive pay

ALEXANDRE PROST
Investors have a significant role to play in helping to move the dial on executive remuneration, aiming to increase fairness and reduce inequality.

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