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Showing 1 - 10 of 13 results for "Joe Longo"

ASIC consults on guidance for carbon markets

ROSE MARY PETRASS  |  WEDNESDAY, 8 MAY 2024  |  NEWS
... of legislative changes arising from the safeguard mechanism reforms that commenced last year." Last week ASIC chair Joe Longo reinforced the watchdog's hardline stance and said compliance leads to more profitability. ASIC has issued 17 civil penalty ...

Greenwashing crackdown will boost ESG fund flows: ASIC

ROSE MARY PETRASS  |  THURSDAY, 2 MAY 2024  |  NEWS
Corporate watchdog chair Joe Longo has underlined the regulator's hardline approach and said compliance leads to more profitability. Responsible investors must ensure their products are true-to-label in order to avoid greenwashing, the Australian ...

Auditors lambast mandatory climate reporting requirements

ELIZA BAVIN  |  MONDAY, 29 APR 2024  |  NEWS
... of these planned new reporting requirements." Meantime, Australian Securities and Investments Commission (ASIC) chair Joe Longo said growing interest in environmental, social, and governance issues had driven the need for more thorough disclosure requirements ...

RIAA: Sustainability goes mainstream

ROSE MARY PETRASS  |  THURSDAY, 11 APR 2024  |  NEWS
... relations, financial advisers, and of course, we are expecting sustainability leads to be there in droves." ASIC Chair Joe Longo will be at the conference to answer questions around greenwashing and product labelling, which are "front of mind as we navigate ...

Experts issue warning over AI washing

ANDREW MCKEAN  |  WEDNESDAY, 20 MAR 2024  |  NEWS
... truthful about its use of AI," he said. Closer to home, ASIC hasn't yet sounded the alarm on AI washing, but chair Joe Longo has voiced apprehensions regarding the adequacy of current regulations. "ASIC will continue to act, and act early, to deter ...

Greenwashing a serious threat to financial markets: ASIC

RACHEL ALEMBAKIS  |  THURSDAY, 23 NOV 2023  |  NEWS
... 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 and addressing misconduct in the superannuation ...

ASIC chair calls out greenhushing as form of greenwashing

RACHEL ALEMBAKIS  |  MONDAY, 5 JUN 2023  |  NEWS
... 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 on ESG action and disclosure ...

More greenwashing investigations ahead: ASIC

RACHEL ALEMBAKIS  |  THURSDAY, 2 MAR 2023  |  NEWS
... Mercer superannuation for allegations of greenwashing is "just one of the investigations we have on foot," ASIC chair Joe Longo said. "We will do what we need to do to make sure entities are not misleading the market" on greenwashing, Longo said at the ...

ASIC proceedings name Pendal board member

ANDREW MCKEAN  |  TUESDAY, 13 DEC 2022  |  NEWS
... risks. The regulator said this was a breach of their director duty obligations. Commenting on the matter, ASIC chair Joe Longo said the role of directors was critical to a company's general standing and performance, including how a company deals ...

ASIC fines Vanguard for greenwashing

RACHEL ALEMBAKIS  |  FRIDAY, 2 DEC 2022  |  NEWS
... inadvertently," Vanguard said. Enforcement action against greenwashing is a current ASIC priority. Last month, ASIC chair Joe Longo warned that the market regulator is currently investigating listed companies, super funds, and managed funds for potential ...
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