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Showing 1 - 10 of 180 results for "exclusion"

ASIC wins greenwashing case against Vanguard

JAMIE WILLIAMSON  |  THURSDAY, 28 MAR 2024  |  NEWS
The Federal Court determined Vanguard misled investors via claims it made about certain ESG screens it applied to its Ethically Conscious Global Aggregate Bond Index Fund. On March 8, the indexing giant admitted to "engaging in conduct that was liable ...

Canberra targets natural disaster insurance gap

ROSE MARY PETRASS  |  WEDNESDAY, 13 MAR 2024  |  NEWS
The government will attempt to close the natural hazard insurance protection gap, seeking feedback on the standardisation of terms like "storms" and "fire", as well as reforms to the standard cover regime. The reforms are designed to cut insurance costs ...

Ad industry proposes greenwashing code

RACHEL ALEMBAKIS  |  MONDAY, 22 JAN 2024  |  NEWS
The peak body for Australia's advertisers is taking on greenwashing via a new draft code. The Australian Association of National Advertisers (AANA) has released an exposure draft Environmental Claims Code that they say will form an integral part of ...

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 ...

Nature Market Repair Bill passes Senate

RACHEL ALEMBAKIS  |  WEDNESDAY, 6 DEC 2023  |  NEWS
... (ACCU) framework, but it should be in addition to, rather than a substitute for, public investment and regulatiosn. "The exclusion of biodiversity certificates from the compliance environmental offsets market while the government progresses further environmental ...

Net zero roadmap shifts public service spending to green

RACHEL ALEMBAKIS  |  THURSDAY, 30 NOV 2023  |  NEWS
The Australian public service will run on 100% renewable energy by 2030, whilst government office space that is purchased from 2026 onwards must have a 6-star NABERS energy rating as the Department of Finance releases its strategy to achieving net zero ...

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 ...

Podcast: Jane Ambachtsheer - the building blocks of a sustainable business

RACHEL ALEMBAKIS  |  THURSDAY, 9 NOV 2023  |  NEWS
In this episode brought to you by BNP Paribas Asset Management, we'll be going back to basics to talk about how to be a sustainable investor as a global fund manager. Joining us for this conversation is BNP Paribas Asset Management head of sustainability ...

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 ...

Danish pension fund completes US$520m divestment

ROSE MARY PETRASS  |  TUESDAY, 3 OCT 2023  |  NEWS
... self-employed, or employed in the public sector, at academic institutions and upper secondary schools. The pension fund began exclusion of major oil companies several years ago, but ENI remained as an eligible investment while the fund tried to influence ...
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