News for Tlou Energy Limited (TLOU.L)

The Australian Securities and Investments Commission has won its case against Mercer over the firm's greenwashing.

In this piece, we are going to discuss 20 Biggest Natural Gas Companies in Australia, 2024.

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ASIC and ACCC put businesses on notice that those caught deceiving consumers or investors through greenwashing may face prosecution.

The Australian Competition and Consumer Commission (ACCC) has announced its intention to investigate "greenwashing" among businesses across the nation.

"There is increased demand for sustainability-related financial products, and with that comes the growing risk of misleading marketing and greenwashing. If financial products make sustainable investment claims to investors and potential investors, they need to reflect the true position."

25 January 2023 Australian Securities and Exchange Limited Exchange Centre Level 4 20 Bridge... | January 25, 2023

"Investors can feel strongly about not investing in tobacco production, manufacturing and sales, and where tobacco-exclusion investments are promoted, the entity making those claims must be able to substantiate the full exclusion of those investments".