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ASIC Pursues Vanguard Australia in ‘Greenwashing’ Lawsuit

ASIC Pursues Vanguard Australia in ‘Greenwashing’ Lawsuit
The Australian Securities and Investments Commission (ASIC) has sued the Australian arm of the US investment giant Vanguard for allegedly misrepresenting the compliance of some of its investments with the environmental, social, and corporate governance (ESG) standards.In a statement, the ASIC stated today (Tuesday) that Vanguard Investments Australia misled investors by claiming that all the securities under its Vanguard Ethically Conscious Global Aggregate Bond Index Fund had been assessed agai... Read More
Posted: Jul 25 2023, 11:09
Author Name: financemagnates
Views: 092144

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