There are a host of companies making claims about their environmental credentials.
For ASIC this has been a serious focus as many financial products like super funds have made green claims about how they invest… but simply can’t stack them up.
Vanguard Investments Australia was ordered to pay a record $12.9 million penalty for making misleading claims, Mercer Super was ordered to pay $11.3 million, and Active Super copped a penalty of $10.5 million for greenwashing misconduct.
This episode features:
Marita Hogan - who’s the Senior Executive Leader, Enforcement and Compliance at ASIC
Andrei Bacu is an ASIC Analyst with the superannuation team
Professor Jeremy Moss from the University of New South Wales
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