Active Super: More evidence of pension fund flouting ESG rules
Even before the period covered by the Australian regulators current greenwashing investigation of the $14 billion Australian super fund, it was flouting its own prohibition on gambling investments.
Active Super, the $14 billion Australian super fund, broke its own environment, social and governance (ESG) rules as early as December 2020, according to research seen by AsianInvestor.
Australian super funds such as Active Super have led the industry in improving the sustainability of their investments by adopting strict ESG rules before many other investors. Yet this has created tough scrutiny of adherence to these rules.
The pension fund is being sued by the Australian reg…
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