Australian share investments
Local Government Super discloses all equities holdings within its Sustainable Australian Shares option to Market Forces directly, so we know this option does not invest in any companies actively undermining the climate goals of the Paris Agreement. This option does, however, invest in many companies that need to demonstrate their alignment with the Paris climate goals.
Known fossil fuel exclusions
This option excludes “companies that derive any revenue from:… Coal mining, oil tar sands mining and coal-fired electricity generation; Other fossil fuels including the mining and extraction, production, supply and transportation for the coal, oil and gas industries (meaning no investments in any direct fossil fuel activities); The provision of significant services to the above industries and/or companies.”
General fund information
Fund type: Industry
Assets under management: $11.6 billion
Date as at 30/06/2018
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