Vanguard Australia Fined AU$12.9 Million For Misleading Green Investment Claims

Vanguard Australia Fined AU.9 Million For Misleading Green Investment Claims

Australia’s federal court has fined U.S. asset manager Vanguard’s local unit with a record AU$12.9 million fine for misleading investors on green investment options, securities watchdog Australian Securities & Investments Commission (ASIC) said Wednesday. Through a wide range of disclosures, Vanguard Investments Australia claimed to exclude those operating in sectors such as fossil fuels from … Read more

500 MSMEs apply for sops under two key schemes for green investments and circular economy in first three months of their launch

500 MSMEs apply for sops under two key schemes for green investments and circular economy in first three months of their launch

New Delhi: At least 500 micro and small enterprises (MSE) have applied for incentives under two key schemes for green investments and circular economy in the first three months of the their launch as they prepare for global climate regulations and consumers’ preference for eco-friendly products, officials said. The Green Investment and Financing for Transformation … Read more