ASIC issues infringement notice to Tlou Energy Limited for greenwashing
COURT OR TRIBUNAL
DATE FILED (OR FIRST HEARING DATE)
(Extract from media release)
ASIC has taken its first action for ‘greenwashing’ against listed energy company Tlou Energy Limited (Tlou). Tlou has paid a total of $53,280 to comply with four infringement notices issued by ASIC over concerns about alleged false or misleading sustainability-related statements made to the Australian Securities Exchange (ASX) in October 2021. Payment of an infringement notice is not an admission of guilt or liability.
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