GRC Institute CEO Naomi Burley and Strategic Engagement Consultant Carole Ferguson discuss greenwashing and the implications of the Australian Securities and Investments Commission’s (ASIC) litigation against Mercer and Vanguard Investments.Mercer: First Court Proceeding in Greenwashing: https://asic.gov.au/about-asic/news-centre/find-a-media-release/2023-releases/23-043mr-asic-launches-first-court-proceedings-alleging-greenwashing/Vanguard: ASIC commences Vanguard Investments: https://asic.gov.au/about-asic/news-centre/find-a-media-release/2023-releases/23-196mr-asic-commences-greenwashing-case-against-vanguard-investments-australia/Info sheet 271: How to avoid greenwashing when offering or promoting sustainability-related products: https://asic.gov.au/regulatory-resources/financial-services/how-to-avoid-greenwashing-when-offering-or-promoting-sustainability-related-products/Corporations Act 2001 Section 1013D: http://classic.austlii.edu.au/au/legis/cth/consol_act/ca2001172/s1013d.htmlCorporations ACT 2001 Section 1013DA: http://classic.austlii.edu.au/au/legis/cth/consol_act/ca2001172/s1013da.htmlRegulatory Guide 65 1013DA Disclosure Guidelines: https://asic.gov.au/regulatory-resources/find-a-document/regulatory-guides/rg-65-section-1013da-disclosure-guidelines/Greenfluencers: https://www.forbes.com/sites/solitairetownsend/2022/12/09/greenfluencers-how-social-media-creators-are-becoming-sustainability-superheroes/
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