Australian share investments
Hesta only discloses the top 20 shareholdings for the Eco Pool. From the limited information available, we found no Australian share investments in companies actively undermining the climate goals of the Paris Agreement. However, 26% of this option’s Australian share investments are hidden from members, and the remaining 74% is invested in companies that need to demonstrate their alignment with the Paris climate goals.
Known fossil fuel exclusions
This option excludes “investment in any company that derives any revenue from the mining of thermal coal, or the extraction, production or refining of conventional and unconventional oil and gas; or derives more than 15% of revenue from the generation of electricity from fossil fuels or the transportation, distribution or retail of conventional and unconventional oil and gas; or more than 15% of revenue from the supply of equipment or services for the exploration and production of conventional and unconventional oil and gas activities.”
General fund information
Fund type: Industry
Assets under management: $48.9 billion
Date as at 30/06/2018
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