Greenwashing mercer
WebFeb 28, 2024 · ASIC has launched its first court action against alleged greenwashing conduct, commencing civil penalty proceedings in the Federal Court against Mercer … WebMar 27, 2024 · "Greenwashing is ultimately a ... ASIC commenced its first Court proceedings against Mercer for allegedly making false and misleading statements about the sustainable nature and characteristics of ...
Greenwashing mercer
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WebMar 2, 2024 · The commission explained that action against greenwashing is among its 2024 Enforcement Priorities. The Federal Court has yet to set a date for the first case …
WebMar 1, 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 … WebFeb 28, 2024 · ASIC accuses Mercer Super of greenwashing in landmark court case. The Australian Security and Investments Commission (ASIC) is taking Mercer …
WebFeb 28, 2024 · ASIC alleged Mercer Superannuation, which oversees $27.5 billion in assets, misled members of its Sustainable Plus fund by claiming … WebMar 3, 2024 · ASIC has commenced civil penalty proceedings in the Federal Court for alleged greenwashing conduct by Mercer Superannuation (Australia) Limited ( Mercer ), in relation to statements on Mercer’s website about its ‘Sustainable Plus’ investment options.
WebOct 11, 2024 · Appearing before the House of Representatives economics committee on Tuesday, ASIC deputy chairman Sarah Court said several investigations were under way around greenwashing, which is when a...
WebFeb 28, 2024 · "This is the first time ASIC has taken an Australian entity to court regarding alleged greenwashing conduct, and it reflects our continuing efforts to ensure sustainability-related claims made by financial institutions are accurate," she said. By taking Mercer to the Federal Court, ASIC is seeking declarations and pecuniary penalties. lithia superstore south anchorageWebApr 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: … improved reading gmbh \u0026 co. kgWebMar 13, 2024 · Her comments follow ASIC launching a landmark greenwashing case against retail superannuation giant Mercer, alleging it misled members of its Sustainable … lithia tampa hondaWebFeb 28, 2024 · Australia's regulator sues Mercer pension fund in first greenwashing case By Praveen Menon and Sameer Manekar Feb 28 (Reuters) - Australia's corporate regulator launched legal action against... lithia talesWebThe UK ASA is again leading the way on challenging greenwashing in advertising. This time it has ordered the removal of two Etihad social media adverts. The… improved quality of careWebFeb 28, 2024 · Mercer embroiled in greenwashing allegations. BY KARREN VERGARA TUESDAY, 28 FEB 2024 8:45AM. Setting a precedent, the corporate watchdog has … improved reciprocally convex inequalityWebFeb 28, 2024 · The Australian Securities and Investments Commission has started legal proceedings against Mercer in its first court action over alleged “greenwashing”, a term … improved relationship funding