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AAP
AAP
Business
Marion Rae

Market cop takes first greenwashing action

TLOU ASX ASIC Sarah Court Australia
Tlou has paid a penalty for claiming it could generate certain amounts of solar power. (Mick Tsikas/AAP PHOTOS) (AAP)

Australia's market watchdog has taken its first action over corporate "greenwashing" as regulators vow to crack down on exaggerated environmental claims.

ASX-listed energy company Tlou Energy has paid $53,280 after being slapped with four infringement notices on alleged false or misleading sustainability-related statements made to the market a year ago.

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