article thumbnail

FCA Proposes Anti-Greenwashing and Sustainability Disclosure Rules for Portfolio Managers

ESG Today

Sacha Sadan, FCA’s Director of Environmental, Social and Governance, said: “Confirming the new anti-greenwashing guidance and our proposals to extend the Sustainability Disclosure Requirements and investment labels regime are important milestones that maintain the UK’s place at the forefront of sustainable investment.

article thumbnail

Australia Regulator Warns Future Super Over Greenwashing

ESG Today

The Australian Securities & Investments Commission (ASIC) Australia’s corporate, markets, and financial services regulator, announced today that it issued an infringement notice to superannuation fund promoter, Future Super, over alleged greenwashing by the company in a social media post.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Regulators Turn to Tech to Tackle Greenwashing

Chris Hall

FCA-hosted TechSprint aims to harness technology innovation to outpace adverse impacts of greenwashing in financial services. At yesterday’s culmination of the Global Financial Innovation Network’s (GFIN) first Greenwashing TechSprint , awards were presented based on different criteria.

article thumbnail

Going Green Without Greenwashing

Sustainability Update

Report on every environmental initiative and face allegations of greenwashing? Greenmuting vs Greenwashing First, we must understand the extremes on both sides. Greenmuting vs Greenwashing First, we must understand the extremes on both sides. Yet, it is difficult to let go of the fear of being called a dreaded greenwasher.

article thumbnail

Investors Warned of Six Shades of Greenwashing

Chris Hall

Non-profit Planet Tracker identifies widening range of greenwashing practices, which may require greater regulatory involvement as well as investor vigilance. . The report identifies six different types of greenwashing which contribute to making the issue tougher to tackle. Slaying the green hydra .

article thumbnail

Guest Post: Combatting Greenwashing

ESG Today

Firstly transparent disclosure makes it harder for investment managers to “greenwash” their products and fool investors that they are following altruistic goals. It doesn’t bode well and surely adds to the potential for greenwashing. Transparency is key to SFDR for a couple of reasons. Fiduciary duties.

article thumbnail

License to Greenwash: How Certification Schemes and Voluntary Initiatives Are Fueling Fossil Fashion

Environmental News Bits

Download the document. As public and political awareness of the high environmental and social toll of the fashion industry has climbed the agenda, and scrutiny on brands has intensified, so has the … Continue reading License to Greenwash: How Certification Schemes and Voluntary Initiatives Are Fueling Fossil Fashion.