Australian share investments
Catholic Super discloses all shareholdings for the PositiveIMPACT option, so we know this option’s Australian share investments do not include any companies actively undermining the climate goals of the Paris Agreement. The fund does, however, invest in many companies that need to demonstrate their alignment with the Paris climate goals.
Known fossil fuel exclusions
This option does not have explicit fossil fuel exclusions, but Catholic Super states: “The managers in this option were chosen because they are global leaders among their peers in terms of integrating sustainability into their decisions, or the underlying assets inherently generate environmental or social benefits.”
Looking at this option’s shareholdings, it appears this investment strategy effectively rules out investment in fossil fuel companies.
General fund information
Fund type: Industry
Assets under management: $9.7 billion
Date as at 30/09/2018
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