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Vanguard action shows ASIC is serious about greenwashing - Vimarsana News

Vanguard action shows ASIC is serious about greenwashing

Ethical Advisers’ Co-op (EAC) says ASIC’s infringement notice against Vanguard for greenwashing highlights the need for fund managers to ensure they are accurate in their ethical claims. On Frida

Source: ifa.com.au
Ethical rating pushes 20% of funds to improve practices - Vimarsana News

Ethical rating pushes 20% of funds to improve practices

The EAC’s annual report said the co-op had positive engagement with fund managers that operated in the ethical and sustainable investment sector such as: Fund managers contacted by the EAC about inclusion within ‘Leaf Ratings’ expressed strong support for the ratings system, with a number of managers proactively contacting the EAC to request their funds be included for rating; Approximately 20% of those funds assessed through the EAC ‘Leaf Ratings’ system have then acted to make changes to the way their fund reports, following discussions with those coordinating the 'Leaf Ratings' a...