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ASIC continues action on misleading claims to deter greenwashing misconduct
ASIC reported 47 regulatory interventions addressing greenwashing misconduct from April 2023 to June 2024, including civil penalty proceedings, infringement notices, and corrective disclosures. ASIC also highlighted upcoming mandatory climate-related financial disclosure requirements for large businesses and financial institutions.
ASIC
Date Added
15 April 2026 at 23:09:29
Why it matters
This demonstrates ASIC's active enforcement against misleading ESG and sustainability claims in financial products and services. The report provides compliance recommendations and signals increased scrutiny with new climate disclosure rules imminent.
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