Super funds ‘sustainable’ options invest in fossil fuel expansion

MEDIA RELEASE: 21 July 2022 New analysis by Market Forces reveals several super funds are potentially misleading consumers and contravening the Australian corporate regulator’s ‘greenwashing’ advice. Eight of 11 major super fund investment options labelled ‘sustainable’ or ‘socially responsible’ are investing in companies expanding the fossil fuel sector. The analysis … Read More

Members divest millions from HESTA over fossil fuels

School Strikers do not endorse HESTA

17 June 2022 Today, more than one hundred health and community services workers across Australia shifted millions of dollars away from HESTA over the fund’s investments in companies expanding fossil fuels. In the single biggest climate divestment day targeting a superannuation fund in Australia’s history, more than 130 members of … Read More

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