[cs_content][cs_element_section _id="1" ][cs_element_row _id="2" ][cs_element_column _id="3" ][cs_text _order="0"]You may have seen our recent research revealing that the vast majority of Australia's biggest super funds are regularly voting against climate action at...
superannuation
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.
Legal opinion: Fund trustees should consider climate risk
1 August 2017 Market Forces has released a new legal opinion on the extent to which Australian law requires superannuation trustees to consider climate change risks when managing portfolios on behalf of their members. Commissioned by Market Forces, the memorandum of...
Investing in the Galilee Basin on the agenda of the QIC
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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,...
Dr. Anne Poelina and Micklo Corpus defend country at Buru’s AGM
Outside the Buru Energy Annual General Meeting (AGM) 20-30 people gathered in support of Traditional Custodians  Micklo Corpus Yawuru and Dr Anne Poelina, a Nyikina Warrwa woman from the West Kimberley region of Western Australia. Noongar Elder Uncle Ben Taylor,...
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...
Sundance: Not aware of any risks from climate change
25 May 2017 Sundance Energy, the company that had its annual general meeting in Adelaide today, has had a tough run lately. US Secretary of State and former CEO of Exxon Mobil Mr. Tillerson sued them because he alleged that his $5 million property was in danger due to...