Search Results

Showing 1 - 10 of 10 results for "Sarah Court"

Northern Trust pulled up for greenwashing

ROSE MARY PETRASS  |  THURSDAY, 21 DEC 2023  |  NEWS
... misled by statements that certain energy companies would be excluded, when they were not," said ASIC deputy chair Sarah Court. "In this case, the exclusions and screenings were outsourced to a third-party company without significant oversight by Northern ...

Greenwashing a serious threat to financial markets: ASIC

RACHEL ALEMBAKIS  |  THURSDAY, 23 NOV 2023  |  NEWS
... greenwashing, and to support effective climate-related governance and disclosure." Earlier this month, ASIC deputy chair Sarah Court said the regulator is considering widening its greenwashing focus to include net zero statements, use of terms like "carbon ...

ASIC considering wider lens for greenwashing focus

RACHEL ALEMBAKIS  |  THURSDAY, 9 NOV 2023  |  NEWS
... letters, infringement notices and undertakings to civil penalty proceedings in the Federal Court," said ASIC deputy chair Sarah Court. "We generally select enforcement matters that are likely to have a broad reach, so that they have a deterrent effect ...

Active Super to face court over greenwashing

RACHEL ALEMBAKIS  |  FRIDAY, 11 AUG 2023  |  NEWS
... attract members with promises their investments will not be exposed to certain industries," said ASIC deputy chair Sarah Court. "When making these claims super funds must have evidence to back their claims and ensure they are not promising exclusions ...

ASIC takes Vanguard to court over further greenwashing claims

RACHEL ALEMBAKIS  |  TUESDAY, 25 JUL 2023  |  NEWS
... and investors need to be able to rely on investment screens to help them make these choices," said ASIC deputy chair Sarah Court. "In this case, Vanguard promised its investors and potential investors that the product would be screened to exclude bond ...

ASIC fines Future Super over greenwashing Facebook post

RACHEL ALEMBAKIS  |  TUESDAY, 2 MAY 2023  |  NEWS
... the fund and we were concerned it may be misleading to investors and potential investors," said ASIC deputy chair Sarah Court. "This action should send a message to the financial services industry that ASIC is continuing to focus on greenwashing broadly ...

ASIC takes Mercer to court over greenwashing

RACHEL ALEMBAKIS  |  TUESDAY, 28 FEB 2023  |  NEWS
... efforts to ensure sustainability-related claims made by financial institutions are accurate," said ASIC deputy chair Sarah Court. "There is increased demand for sustainability-related financial products, and with that comes the growing risk of misleading ...

ASIC issues more greenwashing fines

RACHEL ALEMBAKIS  |  MONDAY, 9 JAN 2023  |  NEWS
... potentially misleading consumers as to the extent of the investment screening being implemented," said ASIC deputy chair Sarah Court. "As consumers increasingly look to more sustainable and ethical investing, including via their superannuation, ASIC ...

ASIC proceedings name Pendal board member

ANDREW MCKEAN  |  TUESDAY, 13 DEC 2022  |  NEWS
... former directors and executives of Star Entertainment Group, including a Pendal Group director. ASIC deputy chair Sarah Court argued that the Star's board and executives failed to give sufficient focus to the risk of money laundering and criminal ...

ASIC fines Vanguard for greenwashing

RACHEL ALEMBAKIS  |  FRIDAY, 2 DEC 2022  |  NEWS
... "Greenwashing is not limited to environmental claims but extends to misleading ethical propositions," said ASIC deputy chair Sarah Court. "Entities which seek to promote ethical investing must ensure their statements are accurate and able to be substantiated. ...
PAGE:
1