drrimmer, One of Australia’s largest superannuation funds, UniSuper, stands accused of “greenwashing” some of its investment products by mislabelling them “sustainable”. https://www.edo.org.au/2024/04/22/unisuper-faces-fresh-allegations-of-greenwashing/
UniSuper member Dr Christopher Standen has, through the Environmental Defenders Office (EDO), lodged a complaint with the Australian Securities and Investments Commission (ASIC).
Two of the funds that UniSuper markets as “sustainable” have significant investments in the Transurban Group, one of the world’s largest toll road operators.
“Transurban Group’s business model relies on increasing road traffic, which increases climate and other pollution,” Dr Standen said.
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