The Get Ethical Blog

Greenwashing, ASIC, ACCC Elizabeth Hatton Greenwashing, ASIC, ACCC Elizabeth Hatton

ASIC sues Mercer Superannuation in groundbreaking greenwashing case. The regulators are out!!!

Earlier this month saw the most significant greenwashing action taken to date by regulators in Australia. Australian Securities and Investments Commission (ASIC) launched court action against Mercer Superannuation for greenwashing conduct regarding several of their superannuation investment options.

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Electric Vehicles, Future Tech, Green Investments Elizabeth Hatton Electric Vehicles, Future Tech, Green Investments Elizabeth Hatton

To EV or not to EV?

With the popularity of electric vehicles (EV’s) increasing, many consumers are asking about EV and sustainability.

Are these vehicles actually good for the environment? Especially given the uncertainty about the manufacture, labour issues, and mining requirements to put these vehicles together.

Some sceptics even argue that EV’s actually have a larger carbon footprint than petrol vehicles.

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Federal Budget, Proposals, Climate Change Elizabeth Hatton Federal Budget, Proposals, Climate Change Elizabeth Hatton

Federal Budget - October 2022/23

The new Labor government presented the 2022/23 Budget on the 25 October acknowledging that the current global economic situation presents some absolute financial challenges - inflation, energy and supply chain problems, and a continuing war in Europe - in focussing on a well-being budget, to shape our lives for the better.

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Climate Change, Ancient Trees, Carbon challenge Elizabeth Hatton Climate Change, Ancient Trees, Carbon challenge Elizabeth Hatton

Why Ancient Trees are Important

Forests are sucking up 25% of our carbon emissions in the atmosphere.

However, the productivity of forests is sensitive to climate, and the faster forest death events have the potential to release a lot of carbon back into the atmosphere.

Recently, scientists have been able to quantify the role of ancient trees in storing carbon.

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Greenwashing, ASIC, ESG Elizabeth Hatton Greenwashing, ASIC, ESG Elizabeth Hatton

Who ya gonna call?

In a recent speech ASIC Chair Joseph Longo presented ASIC’s new corporate plan and noted that:

“Rather than attempting to be ‘everywhere’, we must prioritise the areas of greatest harm and take action to protect vulnerable people. Being a regulator is all about choices, so we must be targeted in the way we deploy resources.”

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