Super fund allegedly greenwashed investments theleader.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theleader.com.au Daily Mail and Mail on Sunday newspapers.
ASIC has filed a suit against Active Super over greenwashing claims, alleging, among other charges, that the super fund was invested in Russian assets after the invasion of Ukraine while purporting otherwise to members.
Live updates: Outgoing RBA governor Philip Lowe to face economics committee grilling, US inflation cools, ASX to fall abc.net.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from abc.net.au Daily Mail and Mail on Sunday newspapers.
The corporate regulator has commenced its third civil penalty proceedings for alleged greenwashing with the superannuation fund holding investments in Russia when it had listed it as an excluded country.