Melbourne, Friday 15 April 2016 Market Forces is today welcoming the announcement by AustralianSuper – Australia’s largest super fund – to create a new sustainable investment option which excludes companies with fossil fuel reserves. However, the financial activist...
How could the Future Fund finance Carmichael coal?
This briefing originally appeared on RenewEconomy, 30 March 2016 Could Australia's sovereign wealth fund be the key source of finance that enables Adani’s Carmichael mega coal mine in the Galilee Basin? News has emerged that India's Finance Minister, Arun Jaitley,...
How Peabody Energy burned us all
The largest coal miner in the United States, Peabody Energy Corp, on Wednesday revealed in regulatory filings to the Securities and Exchange Commission (SEC) that there were doubts it could continue as a going concern. As such, it may voluntarily seek protection under...
A shocking reminder of the health impacts of coal
11 March 2016 It's a shocking story that's slowly emerging. Up to 1,000 current and former Queensland coal mine workers could be affected by pneumoconiosis, or black lung disease, and it's possible that authorities and coal mining companies have tried to cover up the...
VicSuper: Protect ALL Members From Climate Change Risks
22 February 2016 We have heard from some of their members that VicSuper are currently considering how they treat the issue of climate change, and the myriad of financial and moral issues wrapped up in it. After seeing a host of other funds mistakenly “tackle” this...
Moreland Council asks Vision Super for their divestment plan
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Media release: Super funds lose billions on fossil fuels as divestment calls mount
NEW REPORT: Super funds lose billions on fossil fuels as divestment calls mount Sydney, 10 February 2016 Report identifies $5.6 billion in losses on fossil fuel stocks Funds lose an average $1109 per member over two years Colonial tops list of poor performers Website...
Super funds lose $5.6 billion on dirty fossil fuels
9 February 2016 Having analysed the returns of fifteen of Australia's largest superannuation fund options over the past two years, Market Forces estimate that those options have collectively lost over $5.6 billion on their fossil fuel investments over that time. Our...
MELBOURNE: 2016 Market Forces Campaign Launch
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SYDNEY: 2016 Market Forces Campaign Launch
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