ASIC fines Future Super over greenwashing Facebook postBY RACHEL ALEMBAKIS | TUESDAY, 2 MAY 2023 1:55PMASIC has issued an infringement notice against Future Super for allegations of greenwashing over a 2019 Facebook post that garnered fewer than 30 views. Related News |
Editor's Choice
Aware Super, HESTA join forces against Woodside
The super funds have voted against the re-election of the chair of the Woodside Energy Board's Sustainability Committee, saying the gas giant has failed to meet expectations on climate action.
Bill Gates to give away wealth in next 20 years
Bill Gates says he will give away all his wealth over the next two decades and close the Gates Foundation permanently in 2045.
Richest 10% drive global warming: Research
New research that examined wealth-based greenhouse gas (GHG) emissions shows that the world's richest people are fuelling two thirds of global warming.
ART extends exclusions in Socially Conscious option
ART said the more extensive set of exclusions will come into effect July 1.
Whitepapers
Mandatory sustainability reporting in Australia
This paper provides an in-depth guide on identifying which entities need to prepare mandatory sustainability reports in their annual reports, and covers ...
Decoding Trump 2.0 and the impact on ESG investing
From an ESG perspective, Trump's social, economic and political agenda will keep issues rich and complicated for companies and investors alike, and that ...
Powering AI: An opportunity for investors?
Power availability is the biggest challenge for artificial intelligence (AI) growth.
So $400m was "switched away from fossil-fuel exposed super funds"? I'm not sure that's correct either if total FUM at the time was that amount. I'd imagine some members had chosen Future Super as their initial fund and had not "switched away". Also other members may well have chosen another fossil fuel free fund.