Catholic Super Positive IMPACT

This investment option’s exposure to the Climate Wreckers Index:
Holdings disclosure date Exposure to Climate Wreckers Index (% listed equities)
31 December 2022 0%

The Climate Wreckers Index is made up of the 190 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
  • The top 10 companies by liquefied natural gas (LNG) import and export terminal development plans

Together, these companies are planning new coal, oil and gas projects that could add the equivalent of almost 230 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.

Portfolio holdings disclosures sourced from:
https://csf.com.au/

TAKE ACTION

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Coal exclusion policy

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 companies expanding the coal industry.

Oil & gas exclusion policy

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 companies expanding the oil and gas industry.

Coal divestment action

This option has no investments in companies expanding the coal industry.

Oil & gas divestment action

This option has no investments in companies expanding the oil and gas industry.

Climate voting record

Catholic Super only discloses its proxy voting record for Australian companies well after the end of the calendar year. The fund voted for just 29% of the climate-related shareholder resolutions it has disclosed between 2017 and 2020. Please note that Catholic Super has only disclosed 17 climate-related votes in 2018 and 2020 combined.

Voting information last updated: September 2021


Fund information

Fund type: Industry

Assets under management (AUM): $29.8 billion

Members accounts: 144,000

Fund information accurate as at: 30/06/2022

Source: 2022 Annual Report

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