Australian share investments
Active super (formerly ‘Local Government Super’) discloses its top 30 Australian and top 30 international shareholdings online. From this limited information, we know at least 8% of the Balanced option’s Australian share investments is in companies actively undermining the climate goals of the Paris Agreement, including BHP.
Known fossil fuel exclusions
Active Super states: “…we do not contribute funds to companies who achieve more than a third of their earnings from carbon-intensive activities, like coal mining, oil tar sands and coal-fired electricity generation.”
General fund information
Fund type: Industry
Assets under management: $12.8 billion
Date as at 31/05/2021
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