WebMar 31, 2024 · ASIC has alleged that Mercer Superannuation misled their customers with how they represented their sustainable investment options. Fast fashion's … WebMar 6, 2024 · In its first legal action against alleged greenwashing, the Australian Securities and Investments Commission accused Mercer Superannuation Limited of misleading its participants about the sustainability of some of its investment options.

Australian Regulator Accuses Mercer Super of 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 … WebAug 25, 2024 · The environmental group Transport & Environment accused Ryanair of greenwashing instead of tackling its emissions. The airline ran the low-emissions ad campaign just over five months after it... film streaming anzl

How super giant Mercer is hoping to spark a retail fund revival

WebApr 13, 2024 · ASIC alleges that Mercer made false and misleading statements and its conduct could mislead the public. Wider powers against superannuation trustees: This is also the first court case ASIC has brought after legislative changes enhancing its powers to pursue a wider range of superannuation trustee conduct. Tips to avoid greenwashing: … WebFeb 27, 2024 · (Bloomberg) -- Australia’s corporate regulator has launched its first court action against greenwashing, accusing pension fund Mercer Superannuation Australia Ltd. of misleading investors in the marketing of some sustainable products. WebFeb 28, 2024 · Greenwashing is when companies overstate or lie about their environmental credentials. ASIC deputy chair Sarah Court says Mercer must ‘uphold’ promises to invest ethically. Credit: Alex ... grow guys birmingham