Governance

Fiducian sued for greenwashing in ESG fund

ASIC has launched proceedings in the Supreme Court of NSW against Fiducian Investment Management, alleging it breached its duties as a responsible entity and engaged in misleading and deceptive conduct about its environmental, social and governance (ESG) fund.

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Read more: ASICFiducian Investment ManagementFIMSLSolaris Investment ManagementAusbil Investment ManagementBHP BillitonCandriam Sustainable Global Equity FundDiversified Social Aspirations FundNewcrest MiningOricaRio TintoSarah CourtWoodside Petroleum