ASIC sues Mercer Super in first greenwashing case
Hannah WoottonReporter
Updated
The corporate watchdog has accused retail superannuation giant Mercer of misleading members about the sustainability of its investments in a landmark greenwashing case.
It is the first time the Australian Securities and Investments Commission has taken a company to court alleging greenwashing, after both it and the consumer watchdog pledged to crack down on this sort of misconduct last year.
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Hannah Wootton is a reporter for the Financial Review. Connect with Hannah on Twitter. Email Hannah at hannah.wootton@afr.com
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