The Australian Securities and Investments Commission has highlighted greenwashing — where companies misrepresent a financial product or investment strategy as being environmentally friendly, sustainable or ethical — and dubious claims around sustainable finance as key priorities.
ASIC deputy chair Sarah Court warned on Thursday that if companies promote sustainability and green practices, they must ensure their communication to shareholders and the broader market is accurate and has a reasonable basis. "ASIC is currently investigating a number of listed entities, super funds and managed funds in relation to their green credentials claims," Ms Court said on Thursday.
"Companies are on notice that ASIC is actively monitoring the market for potential greenwashing and will take enforcement action, including court action, for serious breaches."The energy firm claimed its electricity would be carbon-neutral and that it had both environmental approval and the capability to generate certain quantities of electricity from solar power.
Hey ABC take a look at bios of the leadership team on the Tlou Energy website. There’s got to be some stories there.
The scam of climate change. Are the small brained 'intellectuals' on that now? Here it is clearly: The world bank can charge local business/government carbon fees to local companies for doing something useful, ie building useful things.
Here come the conservative coal suckers. Cue the music. 💨
Hold Al Gores beer, Green Energy is a scam.
Better start with all the renewable companies first then hey.
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Source: FinancialReview - 🏆 2. / 90 Read more »
Source: FinancialReview - 🏆 2. / 90 Read more »