Exposure to Climate Wreckers Index (% listed equities)
30 June 2022
31 December 2021
The Climate Wreckers Index is made up of the 180 publicly-listed companies from all over the world with the biggest plans to expand the scale of the fossil fuel industry. Specifically, the list includes:
The top 60 oil and gas producers by expansion plans
The top 60 coal miners by expansion plans and coal reserves
The top 30 companies by new gas power plant development plans
The top 30 companies by new coal power plant development plans
Together, these companies are planning new coal, oil and gas production and power generation projects that could add the equivalent of almost 200 years of Australia’s national annual emissions! Take action and tell your fund to ditch all companies expanding the scale of the fossil fuel industry.
View the methodology for calculating exposure to the Climate Wreckers Index here.
Use the form below to tell your fund to lift its game on climate action!
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Coal exclusion policy
This option excludes investment in companies that “…directly own fossil fuel or uranium reserves,” which AustralianSuper defines as “…thermal coal, oil, gas or uranium.” However, it does not exclude some sub-sectors of the coal industry, most notably coal power generation.
Oil & gas exclusion policy
This option excludes investment in companies that “…directly own fossil fuel or uranium reserves,” which AustralianSuper defines as “…thermal coal, oil, gas or uranium.” However, it does not exclude some sub-sectors of the oil and gas industry, most notably gas power generation.
Coal divestment action
This option excludes investment in most companies expanding the coal industry, but does invest in a number of coal power generation companies and a company that owns coal reserves via a wholly-owned subsidiary.
Oil & gas divestment action
This option excludes investment in most companies expanding the oil and gas industry, but does invest in a number of gas power generation companies and companies that own oil and gas reserves via parent, subsidiary or joint venture companies.
Climate voting record
AustralianSuper discloses all of its Australian proxy voting decisions quarterly, and international votes annually. The fund supported 47% of the climate-related resolutions it voted on from 2017 to 2020.
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.
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