The Albanese government will draft new laws to regulate how investment products are labelled in an attempt to reduce unverified sustainability claims and ensure environmental credentials are comparable.
The proposal is contained in a “sustainable finance” policy paper published by Treasury on Thursday.
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James Eyers writes on banking, finance, payments, regulation and emerging technologies. Based in Sydney, he is a former legal and investment banking editor at the AFR and has been a business journalist for more than 20 years. Email James at jeyers@afr.com.au
