Media release: Whitehaven Coal calls 185 countries’ bluff

15 August 2019 Whitehaven Coal, Australia’s biggest pure-play coal miner, has once again trumpeted coal demand projections based on a scenario that would see the utter failure of the Paris Agreement. “Whitehaven Coal’s plans to massively increase coal production seem to be based on the presumption that the world will … Read More

Norwegian sovereign wealth fund pulls $3 billion out of AGL, BHP and South32

The Norwegian government’s decision to tighten the Government Pension Fund Global’s (GPFG) coal exclusion criteria will see the world’s richest sovereign wealth fund withdraw a combined AU$3 billion from AGL, BHP and South32. The announcement comes at a particularly bad time for AGL, just days after the company’s share price … Read More

Tell your super fund: Vote for climate action!

April 2019 Through your retirement savings, you can have a say in how many Australian companies are run. Tell your super fund to vote for climate action from corporate Australia. Market Forces has worked with shareholders to put climate action on the agenda at three major Australian company meetings coming … Read More

Vision Super dumps coal and tar sands

Vision Super petition handover win

27 November 2018 This week industry super fund Vision Super, whose membership is mainly made up of Victorian local government employees, announced that it will begin selling off its thermal coal and tar sands company shares. This positive and responsible move means Vision Super members’ money will no longer be … Read More

Do you own a piece of these dirty fossil fuel projects?

Is this your dirty fossil fuel project?

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 among Australia’s 50 … Read More

Take action: What is your super fund doing to manage climate risk?

You may have already heard about Mark McVeigh, a 23 year old Brisbane ecologist who is suing one of Australia’s biggest super funds, REST, over the fund’s failure to provide information about how it manages climate change risk. But REST isn’t the only super fund dragging its heels on climate … Read More

It’s about time super funds came clean on climate

By Julien Vincent, Executive director, Market Forces Sydney Morning Herald/Age, 2 August 2018.  2 August 2018 Transparency has never been superannuation industry’s strong suit. Despite super being one of the biggest investments Australians make over their lifetimes, most of us have hardly any idea what our retirement savings are invested … Read More

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 … Read More