This option has no explicit fossil fuel exclusions, but has “a higher degree of focus on investing in industries and companies that are considered to have a sustainable future on environmental and/or social grounds.”
Use the form below to tell your fund to lift its game on climate action!
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Calling for Paris-alignment
CareSuper has not demonstrated any evidence that it has called on any specific company to alter its strategy to bring it into line with the climate goals set out in the Paris Agreement. CareSuper likely had the opportunity to do just that at Whitehaven Coal’s October 2018 Annual General Meeting. However, CareSuper has not told members how the fund voted on a resolution expressing an opinion that Whitehaven’s strategy should align with the Paris climate goals.
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.
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