Are super funds being honest about their green investments?

Money
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@DanielHerborn has taken a look at how super funds are managing their green investment options, including:

  • ASIC has recently fined some super funds for ‘greenwashing’, or exaggerating their green credentials
  • Many super funds have embraced ESG (environmental, social and governance) considerations in making decisions about how they invest
  • Super Consumers Australia says calls to create exemptions for the super fund performance test are bad policy

Read the full investigation:

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Paltry fines in those examples, no need to change behaviours based on those very small or maybe better put insignificant amounts.

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