What you need to know: The Australian financial regulator, ASIC, has announced a greenwashing case against Vanguard Investments Australia regarding their Vanguard Ethically Conscious Global Aggregate Bond Index Fund (Hedged). ASIC’s action relates to allegations of false and misleading statements by Vanguard in the period of 2018...
In recent years, momentum has been building around channeling capital into sustainable projects and economic activities to help the economy and societies become more resilient to climate-related risks. A sustainable finance taxonomy, if done right, will help achieve this, by articulating a set of principles...
Global regulators’ focus on greenwashing has prompted the responsible investment sector to look closely at how we’re communicating about responsible investment products. Australia’s recent 2023-24 Federal Budget included $4.3 million in additional funding for ASIC’s greenwashing surveillance and enforcement work. The Australian Government has also indicated...
Stewardship, or active ownership, is being embraced by more and more investors as a means to deliver long-term returns while contributing to a more sustainable future. RI Australia 2023 explored current trends in stewardship, examined cases of best practice and explored whether stewardship really can deliver the...
MELBOURNE: With increasing attention on greenwashing in finance, the largest and most comprehensive responsible investment conference in the Southern Hemisphere, RI Australia 2023, will take place in Melbourne and online on 10-11 May 2023. Held by the Responsible Investment Association Australasia (RIAA), the two-day conference...
Super funds with a responsible, ethical or sustainable focus will soon be subjected to the same performance test as their ‘default’ MySuper peers, as the Government confirms the extension of these superannuation performance test rules. Currently out for consultation, and closing 2nd May, the controversial Your...
Culture is widely acknowledged as a critical element that can either catalyse or undermine business success. But it is complicated to manage for a company, let alone measure as outsiders. There is limited guidance for investors to properly assess culture and integrate it into their investment...