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Calling for Paris-alignment
MTAA 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. Media Super has had multiple opportunities to do just that by voting on shareholders resolutions calling on companies including Whitehaven Coal, AGL and Origin to align with Paris, but the fund voted against all of these resolutions.
MTAA only discloses its proxy voting for Australian companies. The fund voted FOR just 27% of the climate change-related resolutions it has disclosed since 2017.
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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