Even before the period covered by the Australian regulators current greenwashing investigation of the $14 billion Australian super fund, it was flouting its own prohibition on gambling investments.
ASIC s latest action against Vanguard for allegations of greenwashing in a bond fund raises the question of whether the market regulator will crack down on index providers and other third-party service providers for greenwashing as well.
Investors want to do well and do good In the face of financial market turbulence, consumer demand for ethical investing not only remains resilient but continues to gain momentum. Consumers not only want to avoid investing in companies that cause .