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Home > The ASIC Podcast > 3. Cleaning Greenwashing
Podcast: The ASIC Podcast
Episode:

3. Cleaning Greenwashing
Category: Government & Organizations
Duration: 00:14:34
Publish Date: 2025-06-10 20:00:00
Description:

There are a host of companies making claims about their environmental credentials. 

For ASIC this has been a serious focus as many financial products like super funds have made green claims about how they invest… but simply can’t stack them up.  

Vanguard Investments Australia was ordered to pay a record $12.9 million penalty for making misleading claims, Mercer Super was ordered to pay $11.3 million, and Active Super copped a penalty of $10.5 million for greenwashing misconduct. 

This episode features:

  • Marita Hogan - who’s the Senior Executive Leader, Enforcement and Compliance at ASIC  

  • Andrei Bacu is an ASIC Analyst with the superannuation team 

  • Professor Jeremy Moss from the University of New South Wales 

ASIC Media Release: ⁠⁠24-061MR ASIC wins first greenwashing civil penalty action against Vanguard | ASIC⁠⁠  The podcast and information contained is not intended to be financial advice and consumers should seek independent financial advice on any matters discussed.
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