News & Analysis as of

Environmental Social & Governance (ESG) Australian Competition and Consumer Commission (ACCC)

K&L Gates LLP

Retail Competition and Fair Trading, Cost of Living Measures, Unfair Contract Terms, Mergers: ACCC Releases Its 2025-26 Compliance...

K&L Gates LLP on

In Brief - Australian Competition and Consumer Commission (ACCC) Chair Gina Cass-Gottlieb has just announced the ACCC’s Compliance and Enforcement priorities for 2025-2026....more

A&O Shearman

Australia’s regulatory crackdown targets bribery, money laundering and cybercrime

A&O Shearman on

New bribery offenses in Australia now make it easier for authorities to prosecute organizations and require companies to exercise greater oversight and controls. Australia’s regulators remain active in greenwashing and other...more

K&L Gates LLP

Australia Greenwashing: Half-Yearly Review of ASIC and ACCC Prosecutions – and ACCC Position on Environmental Collaborations

K&L Gates LLP on

In Brief - The Australian Competition and Consumer Commission (ACCC) and Australian Securities and Investments Commission (ASIC) continue to be vigilant and seek significant penalties for alleged "greenwashing" (misleading...more

Jones Day

Australia Publishes Draft Antitrust Guidance on Sustainability Collaborations

Jones Day on

The Development: Recently, the Australian Competition and Consumer Commission ("ACCC") published draft guidelines designed to assist businesses to understand how they can collaborate on sustainability initiatives without...more

K&L Gates LLP

August 2024 ESG Policy Update – Australia

K&L Gates LLP on

Australian Update - Guide to Sustainable Collaborations – ACCC - On 8 July 2024, the Australian Competition & Consumer Commission (ACCC) published a draft guide on Sustainability collaborations and Australian competition law...more

K&L Gates LLP

May 2024 ESG Policy Update—Australia

K&L Gates LLP on

AUSTRALIAN UPDATE - Updated Bill to Introduce Climate-Related Financial Reporting Regime - Background - The Australian Government released the first reading draft of the Treasury Laws Amendment (Financial Market...more

A&O Shearman

Australia, are you ready for the mandatory climate related financial disclosure regime?

A&O Shearman on

The Australian government is in the process of finalising legislation relating to its proposed mandatory climate-related financial disclosure regime, following the completion of a one-month consultation process on the draft...more

K&L Gates LLP

April 2024 ESG Policy Update—Australia

K&L Gates LLP on

Australian Update - Australian Competition and Consumer Commission Enforcement Priorities for 2024-2025 - The Australian Competition and Consumer Commission (ACCC) has announced its enforcement and compliance priorities for...more

K&L Gates LLP

Cost of Living, Sustainability and the Digital Economy: ACCC Releases its 2024-25 Compliance and Enforcement Priorities

K&L Gates LLP on

In Brief - The Australian Competition and Consumer Commission (ACCC) has released its compliance and enforcement priorities for 2024-25, with ACCC Chair Gina Cass-Gottlieb expanding on the Commission's key areas of focus in...more

K&L Gates LLP

December 2023 ESG Policy Update - Australia

K&L Gates LLP on

Australian Update - ASIC to Focus on Net Zero Statements and Targets - On 21-22 November 2023, the Australian Securities & Investments Commission (ASIC) hosted the ASIC Annual Forum, outlining: The progress and outcomes ASIC...more

K&L Gates LLP

Is 'Freedom-Washing' the New Greenwashing, and What are its Legal Consequences?

K&L Gates LLP on

Companies will often make representations about modern slavery as part of their environmental, social and governance (ESG) measures.  In this article, we consider whether potentially false or misleading claims about modern...more

K&L Gates LLP

ESG Policy Update – Australia

K&L Gates LLP on

Australia Update - ACCC Releases its Guidance on Making Environmental and Sustainability Claims - As previously reported by K&L Gates, the Australian Competition and Consumer Commission (the ACCC) released its long-awaited...more

K&L Gates LLP

So You're Green – Prove It or Be Prosecuted: ACCC Sweep Finds 57% of Green Claims "Concerning"

K&L Gates LLP on

In brief - The ACCC has published the findings of its recent internet sweep of environmental and sustainability marketing claims made by businesses. Across 247 company websites, the ACCC found that 57% of businesses had made...more

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