ASIC & APRA investigate ‘greenwashing’ climate change claims
Dan Gocher, Australasian Centre for Corporate Responsibility (ACCR) Climate & Environment Director, joins Michael to discuss reports that ASIC & APRA’s are reviewing whether big businesses’ climate change claims really stack up and are taking misleading ‘greenwashing’ claims to court.
Mr Gocher says while climate change had moved firmly onto the radar of major corporations, too many companies were still not being bold enough in their pledges.
“Companies come out and commit to net zero but they don’t provide a lot of substance or their 2025 or 2030 targets are fairly weak. That is a big problem because we know we need to take action now.”
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