Australia Securities and Investment Commission ASIC published report on regulatory interventions made between 1 July 2022 and 31 March 2023 related to greenwashing concerns. Report covers ASIC’s issuance of greenwashing infringement notices during the period.
ASIC brought in New Year with focus on green-washing, issuing infringement notices against two different companies, one superannuation fund trustee second being energy company. Corporations paid $13,320 and $39,960 respectively in compliance with infringement notices.