[cs_element_section _id="1" ][cs_element_row _id="2" ][cs_element_column _id="3" ]Remember Mark McVeigh, the 23 year old taking his super fund to court over climate change risk? Well Mark has just taken his action to the next level....
Support Mark’s super legal battle over climate change
Meet Mark, an ordinary 23 year old from Brisbane who is taking an extraordinary action that could have a big climate impact... Mark won’t be able to access his super for nearly 40 years. That’s a long time for the impacts of climate change to hit hard. So Mark needs...
Super funds voting against climate action
Media Release: 82% of Australian super funds at risk of legal action over climate failure
New analysis from environmental finance group Market Forces reveals 82% of Australia’s largest superannuation funds have provided inadequate or no tangible evidence they have considered climate risk in their investment portfolios. According to a new opinion also...
Risky Business: Majority of super funds show no consideration of climate risk
New research from Market Forces shows 82 of Australia's 100 largest superannuation funds disclose inadequate or no tangible evidence that they have considered the impact of climate risk on their investment portfolios, potentially exposing fund trustees to legal risks.
CalSTRS to completely divest from thermal coal, including Whitehaven
CalSTRS, the US$200 billion Californian State Teachers' Retirement System, has announced it will divest all non-US thermal coal holdings from July 1. The commitment follows the fund's decision to dump all US thermal coal holdings in December 2015. Here in Australia,...
FAR: ‘two degrees is laughable in the extreme’
FAR is an Australian owned oil and gas company which operates in Guinea-Bissau, Kenya, Australia and Senegal, a country already facing severe impacts from climate change. Currently the executive bonuses of FAR are tied to how much oil and gas they find. CEO Catherine...
Santos shows contempt for investors, climate change, at its AGM
Adelaide, Thursday, 4 May 2017 A resolution that would have directed Santos to disclose the risks climate change poses to its business has been defeated at today's annual general meeting of the company, which reiterated its intent to explore for more unconventional...
Whitehaven: A lot to hide this AGM
28 October 2016 Yesterday Whitehaven Coal held their Annual General Meeting in Sydney. They obviously had a lot to hide. While most AGMs are filmed and broadcast, Whitehaven decided to record only the audio, and cut off recording completely before question time. To...
Media Release: Australians reject super funds’ trillion-dollar secret
Melbourne, Friday 23 September, 2016: According to analysis by environmental finance campaigners Market Forces, 83% of assets under management in Australia’s fifty largest superannuation funds are undisclosed, equating to nearly $1 trillion of assets. The analysis...