close
MENU
Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
Australia
2 mins to read

First blood to ASIC in fight against ‘greenwashing’

Vanguard has admitted to misleading conduct and its penalty will be decided in August.

ASIC has also initiated action against superannuation fund Active Super.

Corporate regulator Australian Securities and Investments Commission (ASIC) has had its first court victory after declaring war on ‘greenwashing’, with the Australian Federal Court finding that funds management giant Vanguard made misleading claims about its ESG screening.

Vanguard admitted to

Want to read more? It's easy.

Choose your best value subscription option

Student

Exclusive offer for uni students studying at a New Zealand university (valued at $499).
Individual
Group membership
NBR Marketplace

Yearly Premium Online Subscription

NZ$499.00 / yearly

Monthly Premium Online Subscription

NZ$44.95 / monthly

Smartphone Only Subscription

NZ$24.95 / monthly

Premium Group Membership 10 Users

NZ$350+GST / monthly

$35 per user - Pay by monthly credit card debit

Premium Group Membership 20 Users

NZ$600+GST / monthly

$30 per user - Pay by monthly credit card debit

Premium Group Membership 50 Users

NZ$1250+GST / monthly

$25 per user - Pay by monthly credit card debit

Premium Group Membership 100 Users

NZ$1875+GST / monthly

$18.75 per user - Pay by monthly credit card debit

Yearly Premium Online Subscription + NBR Marketplace

NZ$499.00 / yearly

Already have an account? Login
Lachlan Colquhoun Thu, 28 Mar 2024
Contact the Writer: lachlan@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
First blood to ASIC in fight against ‘greenwashing’
Australia,
103410
true