ASIC Crackdown on Greenwashing

The crackdown on ‘greenwashing’, ‘greenhushing’, ‘stewardship washing’, and other forms of misleading labeling and reporting is intensifying. ‘Greenwashing’ is the practice of misrepresenting the extent to which something is environmentally friendly, sustainable or ethical. The Australian Securities and Investments Commission (ASIC) has initiated 17 civil penalty proceedings against instances of greenwashing, resulting in fines totaling […]