Aug 11 (Reuters) -
- ASIC COMMENCES GREENWASHING CASE AGAINST ACTIVE SUPER
- ALLEGES ACTIVE SUPER EXPOSED ITS MEMBERS TO INVESTMENTS IT CLAIMED TO RESTRICT OR ELIMINATE
- HAS COMMENCED CIVIL PENALTY PROCEEDINGS IN FEDERAL COURT AGAINST LGSS PTY LIMITED (ACTIVE SUPER)
- ACTIVE SUPER REPRESENTED ON THEIR WEBSITE THAT THEY ELIMINATED INVESTMENTS THAT POSED TOO GREAT A RISK TO THE ENVIRONMENT AND THE COMMUNITY
- ACTIVE SUPER STATED THEY HAD ADDED RUSSIA TO LIST OF EXCLUDED COUNTRIES, FOLLOWING INVASION OF UKRAINE
- ALLEGES ACTIVE SUPER HAD HOLDINGS IN RUSSIAN SECURITIES, WHICH REMAINED IN PLACE AS AT 30 JUNE 2023.
- ALSO ALLEGES ACTIVE SUPER HAD HOLDINGS IN RUSSIAN SECURITIES, WHICH REMAINED IN PLACE AS AT 30 JUNE
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