18 October 2022 The latest round of mandatory super fund disclosures reveal that most of Australia’s biggest super funds are selling shares in climate wrecking oil and gas companies Santos and Woodside. Some funds, however, have significantly increased their stake in these companies, which are both pursuing new oil and … Read More
New analysis: Australia’s biggest super funds fractured on fossil gas
MEDIA RELEASE Tuesday 18 October: New analysis by Market Forces reveals some of Australia’s biggest super funds have been selling millions of shares in oil and gas giants Woodside and Santos, while others are investing heavily in these climate-wrecking companies. The Market Forces study finds 11 out of the 14 … Read More
Is your super fund’s ‘sustainable’ option invested in companies expanding the fossil fuel industry?
21 July 2022 In response to member concerns over their super fund’s investments in climate wrecking companies, funds often point members to their ‘sustainable’ investment options. However, new analysis from Market Forces reveals some of these options are failing to live up to their labels, as they invest in companies … Read More
AustralianSuper members, this is your chance to make an impact at a global scale
2 December 2021 Meet Dylan, an AustralianSuper member who is taking action to ensure the super fund giant is doing all it can to properly manage the risks climate change poses to members’ retirement savings. Supported by the team at Equity Generation Lawyers, Dylan is writing to AustralianSuper asking for … Read More
AustralianSuper’s new climate policy fails to raise the bar
17 November 2020 AustralianSuper’s new climate change policy has failed to even match, let alone improve on, the standard set by some of its big industry fund peers, disappointing members who were hoping to see the nation’s largest super fund take the lead on climate action. While there are some … Read More
Do you own a piece of these dirty fossil fuel projects?
21 November 2018 Super funds invest our retirement nest eggs in major infrastructure projects and assets, not just companies. This means you are likely to own a piece of some of the biggest, dirtiest fossil fuels projects on the planet. Market Forces has found widespread investment in fossil fuel infrastructure … Read More
Media Release: Australia’s biggest super fund rejects fossil fuels
Melbourne, Friday 15 April 2016 Market Forces is today welcoming the announcement by AustralianSuper – Australia’s largest super fund – to create a new sustainable investment option which excludes companies with fossil fuel reserves. However, the financial activist group is warning that despite the shift, the vast majority of the … Read More