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
Green moves: Aware Super, BlackRock, Taylor Fry
A Housing Australia executive moves to BlackRock, while Aware Super welcomes a climate reporting and sustainability manager and Taylor Fry sees the return of a veteran actuary.
'Surreal', 'difficult' times for sustainable investors: RIAA
A leading voice for sustainable investing in the US admits the anti-ESG movement has been "difficult" and "surreal" as investors fear being overly scrutinised, the Responsible Investment Association Australasia (RIAA) Conference heard. There are, however, some bright spots.
EPBC Act reforms urgently needed: Industry groups
A raft of industry groups have called on the government to urgently deliver its reforms to the Environment Protection and Biodiversity Conservation (EPBC) Act, which they say is "failing on all fronts."
Young workers drive DEI in workplace: RIAA panel
The windchill of politics on diversity, equity and inclusion (DEI) programs fronts a deadly counterpoint - young professionals entering the workforce with zero tolerance for inappropriate workplace behaviour.
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 ...
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.