MERCER SUPERANNUATION (AUSTRALIA) LIMITED

Location

VICTORIA

Founded

1968-01-23

Risk Signals

37 news mentions monitored

Industry Context

This company is tracked across risk categories, including those related to its sector (e.g., Investment Advice, Pension, Health, and Welfare Funds, Trusts, Except Educational, Religious, and Charitable, Business Services, Not Elsewhere Classified), including supply chain integrity, ESG practices, labor disputes, and regulatory compliance.

Recent Articles about MERCER SUPERANNUATION (AUSTRALIA) LIMITED

Live alerts from global media, monitored by Business Radar

AU$12.9M Penalty Highlights Greenwashing Risks in Australia

2024-11-28 (natlawreview.com)

AU$12.9M Penalty Highlights Greenwashing Risks in Australia

Australian Update AU$12.9 Million Penalty Imposed on Trustee On 25 September 2024, the Federal Court ordered a large superannuation trustee (Trustee) to pay the highest penalty imposed for greenwashing conduct yet – AU$12.9 million. This comes off the back of the Federal Court in early August this year ordering Mercer Superannuation (Australia) Limited to pay an AU$11.3 million penalty after it admitted it made misleading statements about the sustainable nature and characteristics of some of its superannuation investment options.

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ASIC’s First Greenwashing Case Results In Landmark $11.3 Million Penalty For Mercer

2024-08-02 (mondovisione.com)

ASIC’s First Greenwashing Case Results In Landmark $11.3 Million Penalty For Mercer

<p><span>In a landmark case for ASIC, the Federal Court has ordered Mercer Superannuation (Australia) Limited to pay a $11.3 million penalty after it admitted it made misleading statements about the sustainable nature and characteristics of some of its superannuation investment options.</span></p>

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What companies drew ASIC’s attention in 2023? Part 1

2023-12-26 (investordaily.com.au)

What companies drew ASIC’s attention in 2023? Part 1

The corporate, markets and financial services regulator had yet another busy year. Throughout the past year, some of Australia’s biggest firms have caught the attention of the Australian Securitie

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ASIC to crack down on predatory lending

2023-05-11 (brokernews.com.au)

ASIC to crack down on predatory lending

Regulator targets lenders preying on vulnerable customers

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Climate change: ESG trends in Australia

2023-04-03 (solicitorsjournal.com)

Climate change: ESG trends in Australia

Kenneth Lee and Thomas Kim explore how Australian regulators and investors are approaching ESG, greenwashing and the net-zero challenge.

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ASIC’s first greenwashing court case + 7 other greenwashing cases

2023-03-29 (lawyersweekly.com.au)

ASIC’s first greenwashing court case + 7 other greenwashing cases

ASIC has started its first lawsuit against greenwashing. Review the key highlights of ASIC’s allegations against a superannuation trustee. Author: Rufina Law, Lawyer and Portfolio Lead – Comme

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ASIC launches first greenwashing court proceedings - Regulatory & Government - Insurance News - insuranceNEWS.com.au

2023-03-06 (insurancenews.com.au)

ASIC launches first greenwashing court proceedings - Regulatory & Government - Insurance News - insuranceNEWS.com.au

Go to Insurance News Home Page. Go to Insurance News Home Page. Go to Insurance News Home Page. The Australian Securities and Investments Commission (ASIC) has launched its first court action alleging greenwashing conduct after highlighting it as an enforcement priority area for this year. ASIC has

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Australian regulator takes Mercer to court over greenwash claims

2023-03-01 (energyvoice.com)

Australian regulator takes Mercer to court over greenwash claims

The Australian Securities and Investment Commission has taken legal action against Mercer Superannuation over alleged greenwash.

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ASIC Takes Legal Action Over ‘Greenwashing’ Claims

2023-02-27 (miragenews.com)

ASIC Takes Legal Action Over ‘Greenwashing’ Claims

ASIC has launched its first court action against alleged greenwashing conduct, commencing civil penalty proceedings in the Federal Court against

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