ASIC v TLOU Energy (greenwashing infringement)
infringement21 Aug 2023Penalty $53K
Respondent
TLOU Energy Limited
Facts
ASX-listed energy company made representations about clean energy outcomes that lacked reasonable basis.
Outcome
$53,280 infringement notice paid + correction statement to market.
Read the source
https://asic.gov.au/about-asic/news-centre/find-a-media-release/Rules Mate links to the regulator's own publication. We do not republish full decision text. Always verify the latest status against the source before acting.