Greenwashing mercer
WebFeb 28, 2024 · Mercer Superannuation is the first company being dragged to court by the Australian Securities and Investments Commission for allegedly making misleading statements about the sustainability of some … 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 …
Greenwashing mercer
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WebMar 21, 2024 · The papers provide detailed figures alleging that six of Mercer’s sustainable investment products held shares in BHP Group Ltd. and other fossil fuel companies, and … 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.
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. 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 …
WebApr 13, 2024 · At first, greenwashing had only been a problem in smaller stores such as dollar stores or small grocery stores, but as the popularity of banning single- use plastic increases, so does the amount of false advertising. This problem has grown substantially due to the recent demand that even large name-brand companies have been found guilty … 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...
WebMar 3, 2024 · As part of our sustainability strategy, Mercer has committed to using at least 80% certified wood by 2030. This goal is accompanied by a close dialogue with certificate owners and the forestry industry on how to increase the …
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... crystal gilliland clowdus top storiesWebApr 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 ... crystal gilbert mdWebFeb 28, 2024 · MELBOURNE – Australia’s corporate regulator has launched its first court action against greenwashing, accusing pension fund Mercer Superannuation Australia of misleading investors in the... crystal gilbert ohioWeb2 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 … crystal gill facebookWebMar 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 ... crystal giles ameripriseWebThe 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… dwelling coverage vs homeowners insuranceWebOn February 28, 2024, Australia’s securities regulator, the Australian Securities and Investments Commission (ASIC), announced that it had commenced “civil penalty proceedings” in federal court against Mercer Superannuation (Australia) Limited (Mercer) for “making misleading statements about the sustainable nature and characteristics” of … dwelling coverage replacement cost