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Showing 1 - 10 of 27 results for "fraud"

Are founder-led companies a risk? With Lawrence Lam

THE GREENER WAY  |  TUESDAY, 4 MAR 2025  |  NEWS
Today we are going to talk about founder-led companies, which can provide high returns for investors - but can also be high risk. From Uber's aggressive expansion tactics under Travis Kalanick, Theranos' fraudulent blood testing under Elizabeth ...

Weak whistleblowing protocols risks ethicswashing

ROSE MARY PETRASS  |  FRIDAY, 14 FEB 2025  |  NEWS
... genuine accountability," Report it Now director Craig McFarlane said. "Organisations lose approximately 5% of revenue to fraud annually. This isn't just a financial issue - it's a governance failure that undermines authentic ESG efforts." With 43% of ...

Auditors tighten fist on greenwashing

ROSE MARY PETRASS  |  TUESDAY, 28 JAN 2025  |  NEWS
... mandatory reporting begins for large entities and financial firms. Part of a broad crackdown on greenwashing and ESG-related fraud, the standards aim to boost confidence and transparency with a focus on investor protection. The International Foundation ...

Green Moves: S&P, SBTi, Macquarie, Anti-Slavery Commissioner

ROSE MARY PETRASS  |  THURSDAY, 9 JAN 2025  |  NEWS
... strategic expert on the blue economy. Meanwhile, sustainable natural asset management organisation Firesticks chose former fraud expert Leah Bennett as a non-executive director. Bennett, a Wiradjuri woman, focuses on supporting the financial wellbeing ...

Experts cynical of Adani outcome under Trump

ROSE MARY PETRASS  |  MONDAY, 25 NOV 2024  |  NEWS
The stock market reacted quickly to the SEC's allegations of bribery and fraud against Adani Green and Azure Power - but this could be swept under the rug in a Trump-controlled America. Gautam Adani and Sagar Adani from Adani Green Energy Ltd, and Cyril ...

MSCI launches offset rating

ROSE MARY PETRASS  |  FRIDAY, 27 SEP 2024  |  NEWS
... dangers. The index provider assessed projects for impact on the climate, environment and society, as well as financial crime, fraud, and sanctions. In MSCI's new ratings system, projects rated AAA are highly likely to achieve a 1-tonne emissions ...

Budget 2024: Regulators given boost to combat misconduct, cybersecurity

JAMIE WILLIAMSON  |  WEDNESDAY, 15 MAY 2024  |  NEWS
... ASIC and APRA industry levies. ASIC will also receive a share of $37.3 million over four years to combat scams and online fraud by administering and enforcing a mandatory industry code that is to be introduced. Finally, the Australian Taxation Office ...

Proxy voting targets DEI and pay

ROSE MARY PETRASS  |  MONDAY, 29 APR 2024  |  NEWS
... Boston Consulting Group. It also reduces the risk of governance-related controversies, including bribery, corruption and fraud, according to MSCI. Paulson also said executive pay is in the firing line for proxy voting. According to the Economic Policy ...

Experts issue warning over AI washing

ANDREW MCKEAN  |  WEDNESDAY, 20 MAR 2024  |  NEWS
... already beginning to unlock the potential of generative AI. "From improvements in customer onboarding and spotting patterns in fraud to data synthesis and supporting research analysts, the opportunities in a service-based industry are significant," he ...

AI and ESG: risk or opportunity?

ROSE MARY PETRASS  |  THURSDAY, 25 MAY 2023  |  NEWS
... consequences. Data privacy: The increased use of big data and analytics raises ethical and legal issues related to privacy, fraud, security, and consent. Striking a balance between improving marketing strategies and respecting customer privacy is paramount. ...
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