WebMar 8, 2024 · While businesses have mostly been able to avoid significant penalties for greenwashing, new court proceedings might change that. In a landmark greenwashing case, the Australian Securities and Investments Commission ( ASIC) has accused Mercer Superannuation (Australia) Limited ( Mercer) of greenwashing. WebFeb 28, 2024 · Mercer Super has become the first Australian company to be sued over alleged greenwashing, as corporate watchdog ASIC makes good on its crackdown on …
ASIC pursues ‘several’ super funds for greenwashing, …
Web2 days ago · ASIC launched its first court action against alleged greenwashing conduct in March, commencing civil penalty proceedings in the Federal Court against Mercer Superannuation (Australia) Limited for allegedly making misleading statements about the sustainable nature and characteristics of some of its superannuation investment options. WebMar 7, 2024 · Last week, the Australian Securities and Investments Commission ( ASIC) commenced civil penalty proceedings for alleged greenwashing against Mercer Superannuation (Australia) Limited ( Mercer... inholland software
Federal Court to tackle ASIC
WebFeb 28, 2024 · MELBOURNE – Australia’s corporate regulator has launched its first court action against greenwashing, accusing pension fund Mercer Superannuation Australia of misleading investors in the... WebFeb 19, 2024 · The CMA published a green claims code in September 2024 and announced last July that it was investigating the eco-friendly and sustainability claims of three … WebMay 11, 2024 · About half a billion dollars has been set aside by the federal government for hydrogen hubs around the country Critics are accusing the government of greenwashing, saying much of the money will be used to make hydrogen from natural gas The government says every technology that could help decarbonise the economy should be available for use mli withholding