This option has no explicit fossil fuel exclusions, but states: “The fund invests predominantly in a diversified portfolio of Australian shares, selected in accordance with a detailed sustainable Australian shares investment process. As a general guideline both positive and negative screens are applied in the stock selection process.”
Use the form below to tell your fund to lift its game on climate action!
* These fields are required.
Calling for Paris-alignment
OnePath 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. OnePath may have had the opportunity to do just that at Whitehaven Coal’s October 2018 Annual General Meeting, but has not disclosed how it voted on a resolution expressing an opinion that Whitehaven’s strategy should align with the Paris climate goals.
OnePath discloses its voting on Australian companies each year. The fund voted AGAINST 7 of the 8 climate resolutions filed at Australian companies in 2017, and split its vote on the other.
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.
For more information about Market Forces, please visit the about page of the site. To see how we profile super funds go to the methodology page.