Tlou energy: ASIC takes first compliance action over greenwashing

An Australia-based energy company which provides power to parts of Africa has become the first entity to be hit with compliance action by ASIC for greenwashing over allegedly misleading sustainability-related statements.

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ASIC issues first penalty for greenwashingThe Australian Securities and Investments Commission has taken its first enforcement action for greenwashing against Tlou Energy Limited over allegedly false or misleading market statements relating to the company’s sustainability.......

Tlou energy: ASIC takes first compliance action over greenwashing

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