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ESG Newsletter

    Australia Court Fines Active Super A$10.5 Million for Greenwashing ESG Investing Claims

    24-Mar-2025 8:33:26 AM

    2025-03-18

    ESG Today: A federal court in Australia imposed a A$10.5 million (USD$6.7 million) penalty on superannuation fund Active Super trustee LGSS, after finding that the firm had engaged in greenwashing by continuing to invest in securities in areas that it had claimed to eliminate for environmental or social reasons.

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    Topics:Australia

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