Were your retirement savings used to block climate action?

18 October 2022 Last Wednesday was a very sad day for climate action. Almost 95% of Commonwealth Bank’s shareholders – including our super funds – voted against a critical request for the bank to stop financing new and expansionary fossil fuel projects. We’re devastated at this abject failure by big … Read More

Tell your super fund: Vote for climate action

1 April 2021 Over the coming weeks, your super fund has a number of huge opportunities to demand real climate action from some of Australia’s biggest gas companies, as well as globally-significant fossil fuel financiers and developers. By investing your retirement savings in these companies, your super fund gets a … Read More

Woodside fights historic investor demand for Paris-alignment

30 April 2020 A record-breaking 50% of Woodside Petroleum’s investors today voted in favour of a shareholder proposal calling on the company to align with the Paris climate goals. This is an incredible result, considering the Woodside board’s vehement opposition to the resolution. Coordinated by the Australasian Centre for Corporate … Read More

Super funds continue to block climate action

23 April 2020 Major super funds in Australia are continuing to vote, on behalf of their members, against the majority of shareholder proposals that would improve companies’ climate risk management.  By investing our retirement savings in company shares, super funds get a say in how those companies are run. Our … Read More