This option excludes “companies whose main business is fossil fuels, as well as diversified companies that earn some fossil fuel revenue and aren’t creating positive impact with their other activities.”
Use the form below to tell your fund to lift its game on climate action!
* These fields are required.
Calling for Paris-alignment
Australian Ethical has co-filed shareholder resolutions with Market Forces and shareholders, calling on QBE to reduce its exposure to fossil fuels in line with the Paris climate goals.
Australian Ethical is a member of the Climate Action 100+, which aims to encourage 100+ emissions-intensive companies to “Take action to reduce greenhouse gas emissions across their value chain, consistent with the Paris Agreement’s goal of limiting global average temperature increase to well below 2-degrees Celsius above pre-industrial levels.”
Scenario analysis
Australian Ethical provides a discussion of scenario analysis conducted in relation to its power generation share investments, but has not disclosed any more detailed or comprehensive climate change scenario analysis. Australian Ethical also discloses the carbon footprint of its holdings, and has set a target for a net-zero emissions investment portfolio by 2050.
Climate voting record
Australian Ethical voted in favour of all of the climate-related shareholder resolutions it voted on from 2017 to 2019.
The information provided by Market Forces does not constitute financial advice. The information is presented in order to inform people motivated by environmental concerns and take actions based on those concerns. Market Forces is organising data for environmental ends.
The information and actions provided by Market Forces do not account for any individual’s personal objectives, financial situation or needs. It should not be used, relied upon, or treated as a substitute for specific professional advice.
Market Forces recommends all users obtain their own independent professional advice before making any decision relating to their particular requirements or circumstances. Switching super funds may have unintended financial consequences.
For more information about Market Forces, please visit the about page of the site. To see how we profile super funds go to the methodology page.
SUPPORT OUR CAMPAIGNS
We’re taking on the fossil fuel industry and we need ongoing help. Make a monthly donation to our fossil fuel fighting fund