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Speaking at the 2023 ACSI Annual Conference, Minister Stephen Jones said the government would prefer doing “too much too soon, not too little too late” on its sustainability agenda.
Tensions are rising over demands by investors, activists and the public for climate disclosure and the ability of firms and super funds to predict the future.
Future Super has been handed an infringement notice by ASIC over a Facebook post that implied all its funds under management had been invested in fossil fuels prior to transitioning to Future Super.
ASIC has announced it has fined Future Super $13,320 over a misleading Facebook post as the regulator continues its crackdown on greenwashing by superfunds.
Future Super has received an infringement notice from ASIC over alleged greenwashing, this time related to a social media post by the fund, following earlier action against Mercer Super.