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Showing 11 - 20 of 73 results for "Greenwashing"

Morningstar cops greenwashing fine

KARREN VERGARA  |  FRIDAY, 1 DEC 2023
... organisations such as Diversa Trustees, Vanguard Investments Australia, and Active Super have recently engaged in greenwashing practices. In August, ASIC filed a suit against Active Super for, among other issues, allegedly investing in Russian assets ...

ASIC to crack down on superannuation misconduct

ANDREW MCKEAN  |  WEDNESDAY, 15 NOV 2023
... actions to address these systemic member service failures. During the quarter, ASIC also filed its second and third greenwashing matters, with allegations of misleading statements made against Vanguard Investments Australia and Active Super. In July ...

Nominations open in FS Sustainability Power50

RACHEL ALEMBAKIS  |  TUESDAY, 14 NOV 2023
... Treasury announced a long-anticipated sustainable finance strategy. This year has also brought challenges in the form of greenwashing investigations, causing companies to rethink they ways in which they implement their ESG targets and objectives. The ...

Fears grow around greenwashing litigation protections

ROSE MARY PETRASS  |  WEDNESDAY, 8 NOV 2023
... the shareholder, the market and societal interests at large, O'Brien said. ACCR is currently in the midst of a greenwashing lawsuit against Santos. FS Sustainability understands this suit would not have been able to be filed if the proposed phase-in ...

US regulator fines DWS US$25m for greenwashing, AML offences

RACHEL ALEMBAKIS  |  TUESDAY, 26 SEP 2023
... American operations will pay the US Securities and Exchange Commission US$25 million to settle charges stemming from greenwashing claims and failures to develop an anti-money laundering (AML) program for mutual funds it advised. In the case of greenwashing ...

Responsible investment AUM drops: RIAA

RACHEL ALEMBAKIS  |  MONDAY, 18 SEP 2023
... year's report. "I think it's important to dig deeper on that and the fact that consumers are still concerned with greenwashing, it's really important that you have those pillars in place where you are differentiating between what is now mainstream - ...

Spark adopts two fintechs

KARREN VERGARA  |  FRIDAY, 8 SEP 2023
... Oko Adviser, a sustainability investing platform that uses advance analytics to source aligned solutions and avoid greenwashing among ETFs, managed funds, and shares. Meanwhile, Voyant offers holistic financial advice and wealth management software. ...

Climate change to create 'portfolio manager 2.0':Robeco

CASSANDRA BALDINI  |  WEDNESDAY, 30 AUG 2023
... understand those companies and analyse their transition readiness," he said. He clarified that this wasn't meant in a greenwashing context. "Actually, [it's about] having the analytics to understand the transition plans of these companies and ...

Active Super to face action over greenwashing

RACHEL ALEMBAKIS  |  FRIDAY, 11 AUG 2023
ASIC has filed a suit against Active Super over greenwashing claims, alleging, among other charges, that the super fund was invested in Russian assets after the invasion of Ukraine while purporting otherwise to members. The markets regulator has commenced ...

Are indexes the next target for greenwashing investigations?

RACHEL ALEMBAKIS  |  TUESDAY, 8 AUG 2023
ASIC's latest action against Vanguard for allegations of greenwashing in a bond fund raises the question of whether the market regulator will crack down on index providers and other third-party service providers for greenwashing as well. Last month ...