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 ... WebApr 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: …
ASIC sues Mercer Super in first greenwashing case
WebFeb 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... WebFeb 28, 2024 · Mercer embroiled in greenwashing allegations. BY KARREN VERGARA TUESDAY, 28 FEB 2024 8:45AM. Setting a precedent, the corporate watchdog has … rawspaghetti cleanfoods
Will it come out in the wash? Regulators continue their fight …
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 ... 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. raw space for rent