INFO 271
How to avoid greenwashing when offering or promoting sustainability-related products
This is Information Sheet 271 (INFO 271). It provides information about misrepresenting the extent to which a financial product or investment strategy is environmentally friendly, sustainable or ethical for responsible entities of managed funds, corporate directors of corporate collective investment vehicles (CCIVs), a
In plain English
INFO 271 explains how to avoid greenwashing when promoting products labelled as environmentally friendly, sustainable, or ethical.
This guidance applies to responsible entities of managed funds, and corporate directors of CCIVs. It details requirements for accurately representing sustainability claims. Claims must be truthful, not misleading, and based on reasonable due diligence. The guidance aims to protect consumers and maintain market confidence. It was last updated in 2023.
Why it matters
If your business promotes sustainable products, ensure your claims are accurate. Misleading consumers can damage your reputation and attract regulatory scrutiny. Be transparent about how you assess sustainability.
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Issuing regulator
ASIC →Topics
Source: https://www.asic.gov.au/regulatory-resources/financial-services/how-to-avoid-greenwashing-when-offering-or-promoting-sustainability-related-products/. Rules Mate indexes + summarises; always verify against the regulator's live publication.