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Australian regulator launches 'greenwashing' case against Active Super
11 August 2023The Australian Securities and Investments Commission (ASIC) has started legal proceedings against the AUD26 billion ($17 billion) Active Super which allege "misleading conduct and misrepresentations" around its responsible investment fund.
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Australian regulator launches greenwashing litigation against superfund
28 February 2023The Australian regulator has launched court action against 'superfund' Mercer Super for misleading its sustainable fund investors over its involvement in fossil fuels.
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Australian regulator ready to litigate greenwashing claims
07 February 2023The Australian securities markets regulator has told Environmental Finance that it is preparing to increase action against greenwashing and take the most 'egregious' cases to court.
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Australian regulator issues first greenwashing fine
27 October 2022The Australian Securities and Investments Commission (ASIC) has issued its first 'greenwashing' fine, to energy company Tlou Energy.