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: ASIC,  Fiducian Investment Management,  FIMSL,  Solaris Investment Management,  Ausbil Investment Management,  BHP Billiton,  Candriam Sustainable Global Equity Fund,  Diversified Social Aspirations Fund,  Newcrest Mining,  Orica,  Rio Tinto,  Sarah Court,  Woodside Petroleum