Super SA Triple S Socially Responsible

This investment option’s exposure to the Climate Wreckers Index:
Holdings disclosure date Exposure to Climate Wreckers Index (% listed equities)
31 December 2022 0.4%

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://www.supersa.sa.gov.au/superannuation/our-schemes/triple-s/

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Coal exclusion policy

Super SA does not appear to have publicly disclosed its fossil fuel exclusion policy for this option. However, the Funds SA website states: “The option invests in line with socially responsible investment criteria established by Funds SA, which includes a focus on renewable energy and social infrastructure, restrictions on investments in areas of high negative social impact and a ‘best-in-class’ approach to target the best companies in each economic sector according to external ESG ratings.” Looking at this option’s shareholdings, it appears this investment strategy effectively rules out investment in most companies expanding the coal sector.

Oil & gas exclusion policy

Super SA does not appear to have publicly disclosed its fossil fuel exclusion policy for this option. However, the Funds SA website states: “The option invests in line with socially responsible investment criteria established by Funds SA, which includes a focus on renewable energy and social infrastructure, restrictions on investments in areas of high negative social impact and a ‘best-in-class’ approach to target the best companies in each economic sector according to external ESG ratings.” Looking at this option’s shareholdings, it appears this investment strategy effectively rules out investment in companies expanding the oil and gas sector.

Coal divestment action

This option excludes investment in almost all companies expanding the coal industry, but does retain investment in a subsidiary of Sumitomo Corp, which is building new coal power stations.

Oil & gas divestment action

This option excludes investment in companies expanding the oil and gas industry.

Climate voting record

Super SA does not disclose its proxy voting record, so we cannot tell how the fund voted on individual climate-related shareholder resolutions.


Fund information

Fund type: Public Sector

Assets under management (AUM): $33.2 billion

Members accounts: 210,000

Fund information accurate as at: 30/06/2022

Source: 2022 Annual Report

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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.

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