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Showing 81 - 90 of 205 results for "greenwashing"

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 ...

Greenwashing a barrier to responsible investment uptake

RACHEL ALEMBAKIS  |  THURSDAY, 16 NOV 2023  |  NEWS
Investors considering responsible investment products say greenwashing, lack of understanding of methodology used by managers and a desire for financial advice first is stopping them from investing. According to the third 2023 Responsible Investing ...

Preparing for COP28: nature and climate integration

ROSE MARY PETRASS  |  TUESDAY, 14 NOV 2023  |  NEWS
... and compliance. This signals a paradigm shift in the ESG sector, accompanied by a growing emphasis on issues like greenwashing and 'greenhushing' - the deliberate hiding or underreporting of ESG activities to evade public scrutiny. COP28: nature ...

FS Sustainability launches ESG Power50 nominations

RACHEL ALEMBAKIS  |  MONDAY, 13 NOV 2023  |  NEWS
... Treasury announced a long-anticipated sustainable finance strategy. This year has also brought challenges in the form of greenwashing investigations, causing companies to rethink they ways in which they implement their ESG targets and objectives. The ...

ASIC considering wider lens for greenwashing focus

RACHEL ALEMBAKIS  |  THURSDAY, 9 NOV 2023  |  NEWS
ASIC is considering widening its greenwashing focus to include net zero statements, use of terms like "carbon neutral" and the scope and application of investment exclusions and screens. "Our enforcement actions in response to concerns of greenwashing ...

PRI, CFA Institute and GSIA agree to common RI definitions

RACHEL ALEMBAKIS  |  MONDAY, 6 NOV 2023  |  NEWS
... Australia. "Promoting the consistent and precise use of terminology in responsible investment will help to reduce greenwashing and introduce greater consistency among asset managers in developing and marketing responsible investment products," Carroll ...

Impact investing as greenwashing antidote: T. Rowe Price

RACHEL ALEMBAKIS  |  MONDAY, 6 NOV 2023  |  NEWS
... portfolios around metrics such as direct revenue with real world social and/or environmental impact may be a solution to greenwashing, according to T. Rowe Price. Recently, T. Rowe Price global impact equity strategy Hari Balkrishna was in Melbourne ...