Industry News: ESG

Australia Court Finds Active Super Guilty of Making Misleading ESG Investing Claims

Written by ESG | 10-Jun-2024 1:26:04 PM

2024-06-06

ESG Today: A federal court in Australia ruled that superannuation fund Active Super trustee LGSS Pty Limited contravened the law by making misleading ESG investing representations to its members, by continuing to invest in securities in areas that it had claimed to eliminate for environmental or social reasons.

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