Greenwashing cases australia
WebJul 23, 2024 · Greenwashing examples: recent stand-out cases. Innocent: insincere TV adverts; Keurig: misleading recycling claims; Ikea: accredited illegal logging; Windex: … Approach. Akepa was born from a drive to help brands that share our values – with … WebASIC, ASIC launches first Court proceedings alleging greenwashing, 23-043MR, 28 February 2024. ACCC, ACCC ‘greenwashing’ internet sweep unearths widespread concerning claims, 17/23, 2 March 2024. Case examples — Greenwashing — Misleading about environment and ethics at ¶26-700 of our Competition and Consumer Law content.
Greenwashing cases australia
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WebJun 15, 2024 · But the Australian Securities and Investments Commission, which released a greenwashing framework on Tuesday for managed funds and superannuation funds, said it was still in the process of... Web2 days ago · The case against Santos was the first court case in the world to challenge the veracity of a company’s net zero emissions target. Farmers, elders, Teals meet to thwart Santos fracking the Pilliga and the Liverpool Plains ... “Only in Australia”: Glencore greenwash scraps coal mine for even more toxic blue hydrogen. David Gilchrist
WebDec 8, 2024 · A campaign by Greenpeace said that a AU$1 billion (US$668 million) plan announced by Australia’s previous Scott Morrison-led government to conserve the Great Barrier Reef greenwashed the country’s massive investments in the fossil fuel sector. WebDec 2, 2024 · ASIC has issued three infringement notices to investment manager Vanguard Investments Australia Ltd (Vanguard) in further action against alleged greenwashing. ASIC was concerned that Product Disclosure Statements for the Vanguard International Shares Select Exclusions Index Funds (the Vanguard Funds) may have been liable to mislead …
WebEmma Small’s Post Emma Small Director at KPMG, Superannuation Advisory 1w Edited WebNov 11, 2024 · The United Nations this week slammed corporate "greenwashing" and said organizations cannot claim to be net-zero while supporting fossil fuel projects. The report, released at the global COP27 ...
WebJun 14, 2024 · Greenwashing, in relation to investments, is defined by the Guidance as ‘the practice of misrepresenting the extent to which a financial product or investment strategy is environmentally friendly, sustainable or ethical.’ What is a 'sustainability-related product'?
WebNov 11, 2024 · On 11 November 2024, the Federal Court of Australia in Abrahams v Commonwealth Bank of Australia (CBA) NSD864/2024 ordered CBA to give the Guy & Kim Abrahams Family Trust authorisation to inspect some of the bank's internal documentation on seven oil and gas projects. Relying on the Australian Corporation Act, … sma highways englandWebApr 13, 2024 · More greenwashing cases: Another useful resource available to Wolters Kluwer subscribers is the greenwashing case table. Case – Summary – Successful … sma histologyWebJan 13, 2024 · The first case of greenwashing between companies. This is the first time that an ordinary civil court in Italy has ordered a business to stop making "green claims" … sol huntsWebMar 10, 2024 · The Australian Securities and Investments Commission asset Fisher has just brought forward its first ever greenwashing case in Australia. It accused Mercer superannuation of misleading customers about its sustainable plus fund, one of its many superannuation investment options. The sustainable plus options were marketed as … solhydcoat fscWebMar 14, 2024 · In a landmark greenwashing case, the Australian Securities and Investments Commission (ASIC) has accused Mercer Superannuation (Australia) Limited (Mercer) of greenwashing. In the civil penalty proceedings, Mercer faces allegations it made statements on its website about seven 'Sustainable Plus' investment options when … sma highscopeWebGreenpeace’s analysis reveals that while over half of Australia’s 80 top emitting ASX200 companies (51%) have now set net zero or carbon neutral targets, just 16 companies … sol house the studio - calviá beachWebJan 17, 2024 · AUSTRALIA: ASIC Starts 2024 With Focus On Greenwashing Tuesday, January 17, 2024 ASIC has brought in the New Year with a focus on green-washing, issuing infringement notices against two... smahocase