HESTA felt the heat last week as members, health workers and concerned community members rallied outside the super fund’s Melbourne office, demanding greater action on climate change. Tell HESTA to say no to new fossil fuels Our communities are facing increasing...
Blog
Wake up HESTA: Backing new gas is harming our health
By Veronique Hamilton, a credentialed mental health nurse and founder of a business, Exploring Minds, who has worked as a Mental Health Postgraduate Coordinator, Mental Health Promotion Officer, in addition to clinical roles in multidisciplinary teams and settings. As...
Health organisations urge HESTA to say no to new oil and gas
Tuesday 9 September: A coalition of organisations representing more than one million health workers have called for super fund HESTA to increase its climate ambition by taking a clear position against new fossil fuel developments. Market Forces, Healthy Futures,...
Funding coal-powered nickel in Indonesia is a climate disaster
By: Ginanjar Ariyasuta, Indonesia Energy Finance Campaigner, Market Forces Indonesia’s ambition to dominate the global nickel market is a key driver of its ambitious target to lead Southeast Asia with an economic growth rate of eight per cent. The world is going into...
Community organisations deliver significant rebuke to HESTA over fossil fuel investments
Two community organisations, Amnesty International Australia and the Centre for Non-Violence, have officially ended their relationship with healthcare and community sector super fund HESTA over its ongoing investments in fossil fuels. Both organisations have removed...
Community organisations ditch HESTA over fossil fuels
Thursday 28 August: Two community organisations, Amnesty International Australia and the Centre for Non-Violence, have ended their relationship with healthcare and community sector super fund HESTA over its fossil fuel investments. A third social change organisation,...
Liquefied natural gas industry guzzles 13 times gas used by Australian manufacturers
Tuesday 19 August: New Market Forces analysis finds the liquefied natural gas (LNG) industry, including exports, uses 13 times more gas than is consumed by Australian manufacturing. The research reveals that just 10 industrial facilities account for approximately more...
Macquarie receives shareholder revolt on climate at 2025 AGM
2025 AGM result: 35.2% in favour of climate resolution The first ever climate-related shareholder resolution at Macquarie, filed by Market Forces, received significant support from shareholders with a huge 35% of shareholder votes in favour. The resolution called on...
Macquarie under fire on climate from shareholders, customers and scientists
Thursday 24 July: Customers, investors and climate scientists have joined more than 180 shareholders and Market Forces, calling on the AU$85 billion bank and financial services company, Macquarie Group, to disclose the full extent of its financing for coal, oil and...
AustralianSuper re-invests in Whitehaven, claims thermal coal is “important” in energy transition
AustralianSuper is the largest super fund in Australia, managing $367 billion in retirement savings on behalf of more than 3.5 million members. Unfortunately AustralianSuper is now the second-largest shareholder in Whitehaven Coal, which has the biggest coal expansion...