Diversa loses key super fund mandate
One of the largest superannuation funds on Diversa's books has signed with a new trustee, in what the fund's described as "positive news."
Source: financialstandard.com.au
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Australian Regulator Emphasizes Focus on Greenwashing Claims | Cadwalader, Wickersham & Taft LLP
In a speech delivered at the Australian Finance Review’s ESG summit on June 5, 2023, the Australian Securities and Investments Commission’s (ASIC) Chair, Joe Longo, warned companies...
Source: jdsupra.com
Australian Regulators Continue Crackdown on Greenwashing
Australian Securities and Investments Commission warned companies greenwashing is an ongoing concern. Also highlighted ASIC’s focus on greenhushing, the practice of not reporting or underreporting ESG credentials or initiatives due to uncertainty around reporting frameworks.
Source: natlawreview.com
Lawyers share their ASIC greenwashing experience
ASIC is looking to make examples of firms when it comes to greenwashing and taking a forthright position when asking them for changes, according to two lawyers who have dealt with the regulator on the matter.
Source: moneymanagement.com.au
Toyota shareholders back board, reject climate change resolution
A resolution at Toyota's annual general meeting calling for greater transparency of its climate change lobbying has been...
Source: hepburnadvocate.com.au