Millions divested from HESTA health super fund over investment in fossil fuels

School Strikers do not endorse HESTA

17 June 2022 Health workers around Australia are divesting their funds from HESTA superannuation due to its investments in companies expanding fossil fuels.  In the biggest single climate divestment day targeting a superannuation fund in Australia’s history, more than 130 members of HESTA – the health and community services superannuation … Read More

New legal opinion confirms super funds must manage climate risks

22 April 2021 Released today, a new legal opinion commissioned by Market Forces has confirmed super funds are legally required to understand and manage the material financial risks posed by climate change. The new legal advice from barristers Noel Hutley SC and James Mack builds on a previous opinion they … Read More

Market Forces launches UniSuper DIVEST campaign

13 January 2020 Market Forces has joined with academics, scientists, researchers and university employees across Australia to launch a major new campaign to pressure super fund, UniSuper, to divest billions of dollars of members’ retirement savings from fossil fuel companies driving the climate crisis. To mark the start of the … Read More