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June 8, 2023

Australia’s financial regulator calls out complacency in ESG reporting

Sydney, Australia: The Australian Securities & Investments Commission is urging companies to guard against greenwashing and greenhushing (Photo: David Gray/AFP via Getty Images)
Sydney, Australia: The Australian Securities & Investments Commission is urging companies to guard against greenwashing and greenhushing (Photo: David Gray/AFP via Getty Images)

The chair of the Australian Securities and Investments Commission says the practice of “greenhushing” – or not reporting ESG – is “just another form of greenwashing”.

The Australian Securities and Investments Commission intends to continue tackling greenwashing issues in the country’s capital markets and its chair has advised companies not to become complacent about environmental, social and governance reporting.

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