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ASIC roundup: Greenwashing claims, substantial consumer harm

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Martina Lindberg

4 min read
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The Australian Securities & Investments Commission’s latest actions, August 7 – 11, 2023.

Greenwashing procedures against Active Super – August 11, 2023

LGSS Pty Limited (Active Super) has been charged over allegedly misleading conduct and misrepresentations on its website and social media by claiming to be an ethical and responsible superannuation fund.

Active Super claimed to eliminate investments that posed too great a risk to the

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