Medibank confirms shift out of fossil fuel investments

14 November 2018

Health insurer Medibank reaffirmed its commitment to dumping its coal, oil and gas company shares before the end of this financial year at its annual general meeting (AGM) today.

After pledging to divest from fossil fuels at its 2017 AGM due to the terrible impacts of the climate crisis on human health, Medibank chairwoman Elizabeth Alexander confirmed that the  company’s international share portfolio had been shifted to a low-carbon option in March 2018, and the same would be done for its Australian share portfolio by June 2019.

Listen to her statement in this video.

If you have private health insurance see where your insurer stands at this link.

You can contact your insurer using the form below.