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Showing 1 - 10 of 137 results for "screens"

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 ...

ESG indices linked to Myanmar junta

ROSE MARY PETRASS  |  THURSDAY, 7 MAR 2024  |  NEWS
... the firm tracks global securities indices through "passively managed exchange-traded funds (ETFs). All ESG ETFs contain screens to remove companies that are adjudged to have violated international norms." The company maintains "constructive dialogue" ...

Ad industry proposes greenwashing code

RACHEL ALEMBAKIS  |  MONDAY, 22 JAN 2024  |  NEWS
... include net zero statements, use of terms like "carbon neutral" and the scope and application of investment exclusions and screens. The AANA code is out for public comment until 22 March.

Greenwashing a serious threat to financial markets: ASIC

RACHEL ALEMBAKIS  |  THURSDAY, 23 NOV 2023  |  NEWS
... include net zero statements, use of terms like "carbon neutral" and the scope and application of investment exclusions and screens. While recent and ongoing cases have centred on misleading and deceptive conduct, future cases of greenwashing brought ...

ASIC considering wider lens for greenwashing focus

RACHEL ALEMBAKIS  |  THURSDAY, 9 NOV 2023  |  NEWS
... 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 misconduct range from warning letters, infringement notices ...

Are indexes the next target for greenwashing investigations?

RACHEL ALEMBAKIS  |  THURSDAY, 3 AUG 2023  |  NEWS
... that while the fund was managed in alignment with the Bloomberg index methodology, "the descriptions of the exclusionary screens published by the index provider and within Vanguard's Product Disclosure Statement (PDS) were not sufficiently detailed." ...

Challenging market weakens ESG-focused fund flows

ROSE MARY PETRASS  |  THURSDAY, 27 JUL 2023  |  NEWS
... score well on ESG issues but are not focused on ESG, nor funds that are ESG integrated or funds that employ exclusionary screens. In the US investors pulled $US635 million from sustainable funds, recovering slightly from $US5 billion-plus losses in the ...

ASIC takes Vanguard to court over further greenwashing claims

RACHEL ALEMBAKIS  |  TUESDAY, 25 JUL 2023  |  NEWS
... increasingly seeking investment options that exclude certain industries, 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 ...

ASIC chair calls out greenhushing as form of greenwashing

RACHEL ALEMBAKIS  |  MONDAY, 5 JUN 2023  |  NEWS
... aren't founded on reasonable grounds"; "overstatement or inconsistent application of sustainability-related investment screens"; and "the use of inaccurate labelling or vague terms in sustainability-related funds." "Now, in response to ASIC's ...

No pause button on greenwashing action: ASIC

ROSE MARY PETRASS  |  THURSDAY, 11 MAY 2023  |  NEWS
... 'net zero' not underpinned by reasonable grounds The scope and application of sustainability-related investment screens being either overstated or inconsistently applied The use of inaccurate labelling or vague terms in sustainability-related ...
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