ASX-listed company investigated by ASIC for greenwashing

  • 📰 FinancialReview
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 90%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

The corporate watchdog is conducting two investigations into companies overhyping their climate credentials as it tackles trends reshaping the financial system.

Global climate change developments in policy and capital markets, and more people living longer, are two of the emerging trends ASIC identifies as reshaping the financial system.

“One of our priority areas is to really focus on the need to not be misleading and deceptive with their marketing and how they promote products,” he said. It is working closely with global regulators and standard setters on climate-related disclosures by companies and market participants.As the superannuation sector grows beyond $3.4 trillion, ASIC will also ramp up surveillance of super products, marketing, distribution and advice by fund trustees and financial advisers.

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.

Overhyping credentials in the finance sector….. [insert sarcasm] how unexpected ! 🤭

Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 2. in SE

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

ASX to slip, earnings and Powell speech in focusAustralian shares are set to open lower, taking direction from Wall Street. It’s the peak week for local earnings. Central bankers converge on Jackson Hole.
Källa: FinancialReview - 🏆 2. / 90 Läs mer »