Exposure to Climate Wreckers Index (% listed equities)
31 December 2022
9.7%
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.
Use the form below to tell your fund
to lift its game on climate action!
* These fields are required.
Coal exclusion policy
In June 2021, Telstra Super divested from and excluded all “prime-focus” thermal coal producers from its listed equities portfolios.The fund also states it has plans to “…divest from pure-play thermal coal producers” on a timeline of 2021/2022.
Oil & gas exclusion policy
None
Coal divestment action
Telstra Super divested from and excluded all “prime-focus” thermal coal producers from its listed equities portfolios in June 2021, which includes both acitve and passive holdings. This excludes Whitehaven Coal and New Hope.
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.