Mercer superannuation greenwashing
WebMercer Super targeted in ASIC landmark greenwashing action Mike Taylor 28 February 2024 Mercer Superannuation has found itself in the sights of the Australian Securities … Web28 feb. 2024 · Emma Elsworthy. February 28, 2024. Mercer marks the first time ASIC has taken an Australian company to court over greenwashing. Source: Fotoschlick/Adobe. Mercer Super has become the first ...
Mercer superannuation greenwashing
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Web28 feb. 2024 · The Australian Securities & Investments Commission (ASIC) Australia’s corporate, markets, and financial services regulator, announced today the launch of its … Web1 okt. 2024 · 1st March 2024. The Australian Securities and Investments Commission (ASIC) has launched court action against Australian corporate super fund Mercer Superannuation over alleged greenwashing conduct. ASIC claims Mercer made misleading statements about investment options that were marketed as suitable to …
Web28 feb. 2024 · ASIC alleged Mercer Superannuation, which oversees $27.5 billion in assets, misled members of its Sustainable Plus fund by … Web28 feb. 2024 · According to SuperGuide, Mercer Superannuation is ranked Australia's 22nd largest fund with approximately $27.523 billion in assets under management. On …
Web8 mrt. 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. Web11 apr. 2024 · Mercer’s David Bryant says the recently completed aquisition of BT Super is a “statement of intent”. The BT merger, which includes corporate plans managed by BT, more than doubles the funds under management of the Mercer Super Trust to $63 billion; catapulting it into the ranks of the 12 to 15 largest super funds.
Web2 mrt. 2024 · The court case against Mercer superannuation for allegations of greenwashing is "just one of the investigations we have on foot," ASIC chair Joe Longo said. "We will do what we need to do to make sure entities are not misleading the market" on greenwashing, Longo said at the Australian Institute of Company Directors (AICD) …
Web15 mrt. 2024 · Greenwashing crackdown It comes as the Australian Securities and Investments Commission (ASIC) launches an Australia-first greenwashing case against Mercer Superannuation Limited. The... fogasfilé németülWeb28 feb. 2024 · Feb 28 (Reuters) - Australian securities regulator said on Tuesday it was taking legal action against corporate super funds firm Mercer Superannuation for allegedly misleading members about the ... fogasfilé receptekWeb8 mrt. 2024 · The finding that Australian firms have engaged in widespread “greenwashing” – making exaggerated or false environmental claims to appeal to consumers – appeared in a report by Australia’s... fogas glettvasWeb28 feb. 2024 · Sarah Court, Deputy Chair at ASIC said: “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. ‘There is increased demand for sustainability-related financial ... fogasi naplo osszesitesWeb17 mrt. 2024 · ASIC launches first court proceedings alleging greenwashing These actions by the ACCC come soon after the commencement of ASIC’s first court action against alleged greenwashing conduct, bringing civil penalty proceedings in the Federal Court against Mercer Superannuation (Australia) Limited (as trustees for the Mercer Super … fogas halWeb28 feb. 2024 · ASIC has already issued more than A$140,000 in fines in relation to alleged greenwashing. The Mercer Super proceeding marks the first time that ASIC has launched court action after its powers... fogasfilé kárpáti módraWeb28 feb. 2024 · In December, investment firm Vanguard Australia was fined $39,960 for greenwashing over investments meant to exclude cigarette and tobacco sales. ASX-listed energy company Tlou Energy was forced ... fogasfilé molnárné módra