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Businesses on notice as ACCC sweeps covers off greenwashing

Danielle Kutchel, Friday, 3rd March 2023 - The ACCC will investigate after uncovering evidence of widespread greenwashing. The ACCC has indicated it’s not taking any prisoners after an internet sweep for greenwashing activity…

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ASIC launches first greenwashing court action

Isabelle Oderberg, Tuesday, 28th February 2023 - A superannuation fund offering sustainable investments that allegedly invested money in fossil fuel companies, gambling entities and alcohol makers is facing court action by …

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New government policies target greenwashing

Ruby Kraner-Tucci, Monday, 12th December 2022 - A raft of new policies aimed at increasing transparency and accountability will be rolled out by the federal government. A new comprehensive sustainable finance strategy and climate…

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Greenwashing crackdown continues

Ruby Kraner-Tucci, Monday, 5th December 2022 - ASIC issues a second fine for alleged greenwashing, as a new report finds Australia is lagging behind in ESG transparency. The Australian branch of global investment management …

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ACCC launches investigation into greenwashing

Samantha Freestone, Tuesday, 4th October 2022 - The competition watchdog launches two internet sweeps to identify companies making “misleading environmental and sustainability marketing claims and fake or misleading online…

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ACCC will “not hesitate” to take enforcement action on greenwashing

Samantha Freestone, Tuesday, 20th September 2022 - The competition watchdog is warning businesses not to claim their products and services are environmentally friendly unless they can prove it. The Australian Competition and Consumer…

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Definitions of ESG products and investments should be legislated

Samantha Freestone, Monday, 8th August 2022 - Senior ASIC executive says government should make the call on labels and definitions for environmental, social, and governance investments. Definitions of ESG products and investments…

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ASIC releases greenwashing guide: could mandatory international reporting be on the horizon?

Samantha Freestone, Monday, 20th June 2022 - Sustainable investment is big business, likely to exceed US$53 trillion globally by 2025. It is time to streamline ESG reporting in Australia to avoid greenwashing and ASIC is doing…

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Millennials driving growth in impact investment in Australia

Samantha Freestone, Tuesday, 14th June 2022 - A survey of over 1,000 Australians highlighted millennials are the generation most interested in impact investing – with greenwashing remaining an issue for all investors. Millennials…

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Keeping up appearances?

David Ritter, Monday, 21st June 2021 - Greenpeace Australia Pacific CEO David Ritter reflects on the outcome of AGL’s recent law-suit against the charity and the widespread media coverage it generated. At the heart …

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