Vanguard to pay $13m in greenwashing case brought by ASICBY JAMIE WILLIAMSON | WEDNESDAY, 25 SEP 2024 2:14PMVanguard will pay a $12.9 million fine after being found guilty of greenwashing earlier this year. It marks the largest penalty ever imposed by the Federal Court for such conduct. Related News |
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ARENA backs major expansion of vehicle-to-grid trial
The Australian Renewable Energy Agency (ARENA) has committed an additional $13.6 million to expand a vehicle-to-grid (V2G) project led by Amber Electric, in a move aimed at accelerating the adoption of EVs as flexible energy assets and strengthening Australia's electricity grid.
Government commits $5m to tackle environmental crimes
The Australian government has committed more than $5 million over the next two years to strengthen financial crime-fighting partnerships with Pacific nations, including a focus on environmental crime.
Australia needs a gas transition plan, fast: Grattan
As the use of gas across Australia declines, the Grattan Institute said the government needs a strong gas transition action plan to ensure the process is not costly, chaotic and inequitable.
Government unveils $47bn national housing overhaul
The federal government has unveiled a sweeping $47 billion housing strategy aimed at tackling Australia's worsening affordability crisis, lifting housing supply and reshaping the country's rental, tax and social housing settings over the long term.
Whitepapers
ESG implications of the US-Iran conflict
The US-Iran conflict is doing more than lifting oil prices. It is reshaping the ESG realm through energy security, food inflation, health risks and national ...
Critical minerals in the age of AI and tariffs
When we first explored the critical minerals arms race in early 2023, the dominant narrative centred on accelerating demand for the energy transition ...
Private wealth, public impact: Family offices go sustainable
Once discreet vehicles for preserving intergenerational fortunes, family offices' growing prominence reflects not only the sheer scale of wealth accumulation ...
Expert Feed
Sustainability in 2025: Building resilience and navigating risks
In 2025, there is likely to be much scrutiny around US President Donald Trump's anti-green agenda in particular.
Balancing Investor expectations with entrepreneurial growth
Recent headlines highlighting corporate management shortfalls in companies led by their founders underscore the need for rigorous governance standards.
Avoiding the carbon budget risk
While many financial institutions have made public net zero commitments, how can we know whether these goals really amount to action on climate change?
The importance of stewardship in addressing biodiversity issues
In 2016, Stewart Investors was invested in a number of consumer companies in India that were providing much needed basic goods at affordable prices, but ...
