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'Greenwashing' prompts 35 interventions by Australian regulator in nine months

( May 10, 2023, 05:55 GMT | Official Statement) -- MLex Summary: Misleading company disclosures relating to environmental, social and governance have prompted 35 interventions over the last nine months by Australia's securities regulator, including the commencement of a civil lawsuit against one pension fund: Mercer Superannuation. In a new report today, the Australian Securities and Investments Commission said the actions had been taking in response to its surveillance of greenwashing from July 1 2022, through March 31, 2023.The full statement from the Australian Securities & Investments Commission follows; The report is attached. ...

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