Greenwashing mercer
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. 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.
Greenwashing mercer
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WebMar 13, 2024 · Her comments follow ASIC launching a landmark greenwashing case against retail superannuation giant Mercer, alleging it misled members of its Sustainable … WebFeb 28, 2024 · ASIC alleged Mercer Superannuation, which oversees $27.5 billion in assets, misled members of its Sustainable Plus fund by claiming …
WebMay 25, 2024 · The proposals to tackle greenwashing come after the SEC in March debuted broad rules that would require publicly traded companies to disclose how climate change risks affect their business, as... WebFeb 28, 2024 · ASIC claims Mercer told 3,300 fund members its seven Sustainable Plus investment options excluded investments in companies involved in extraction or sale of …
Web2 days ago · BY CASSANDRA BALDINI WEDNESDAY, 12 APR 2024 12:22PM. Former BT head of investment specialists John Allmey is now Mercer's strategic relationship leader within the investment business. Allmey, based in Sydney, reports to Mercer Pacific head of wealth management Luke Fitzgerald. The appointment follows the merger of BT Super … WebApr 11, 2024 · Mercer is a subsidiary of professional services firm, Marsh McLennan, which is listed on Wall Street. Its global investment team of about 2000 people manages about $500 billion in retirement ...
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.
WebJul 29, 2024 · How ethical investors can avoid greenwashing Regulators, researchers and technologists are all battling the "opaqueness" of the sustainable and impact investing market. Aleks Vickovich Wealth... greenpeace sea environmental trust incWeb2 days ago · ASIC launched its first court action against alleged greenwashing conduct in March, commencing civil penalty proceedings in the Federal Court against Mercer … flyscratch deviantartWebFeb 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 … greenpeace seafood red listWebFeb 28, 2024 · ASIC accuses Mercer Super of greenwashing in landmark court case. The Australian Security and Investments Commission (ASIC) is taking Mercer … greenpeace scotlandWebFeb 28, 2024 · ASIC has launched its first court action against alleged greenwashing conduct, commencing civil penalty proceedings in the Federal Court against Mercer … fly scotsmanWebFeb 28, 2024 · The Mercer case marks its first greenwashing court action. Court said: “This is the first time ASIC has taken an Australian entity to court regarding alleged … fly screen aluminium frameWebMay 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 greenpeace seal fur