UniSuper, Australia’s fourth largest superannuation fund, has dumped its remaining shares in APA Group. Until recently, UniSuper was APA’s largest shareholder, owning 10% of the company. The fund sold $500 million worth of APA shares in October this year, before...
Unisuper
17,000 strong against APA unlocking the Beetaloo gas basin
Over 17,000 community members, including Traditional Owners, scientists, and healthcare professionals have called on APA not to light the fuse on the Beetaloo carbon bomb. Will UniSuper do the same? APA Group is Australia’s largest gas pipeline operator. The company...
Traditional Owners, health leaders: 17,000 demand APA stop backing fracking
MEDIA RELEASE Thursday 24 October: Traditional Owners, leading doctors and scientists have joined over 17,000 people, environment and human rights organisations, to sign a letter calling on APA Group to end its plans to build a pipeline enabling dangerous gas...
Climate scientists call on UniSuper to end backing for gas fracking
MEDIA RELEASE Thursday 26 September: More than 1,000 UniSuper members, including leading climate scientists and academics have signed an open letter to the Board of Directors calling on the fund to immediately oppose APA Group’s plans to develop pipelines that would...
Super funds invest $39 billion in fossil fuel growth
MEDIA RELEASE Tuesday 28 May: A new Market Forces report reveals Australia’s top 30 super funds have more than $39 billion invested in companies globally with the biggest fossil fuel expansion plans. Investments in this group of 190 companies - dubbed The Climate...
Traditional Owners and members lodge human rights complaints against top 20 Super funds requesting they reject Santos gas projects
MEDIA RELEASE Wednesday 26 April: Traditional Owners of three First Nations across Australia along with superannuation fund members have lodged human rights complaints against the top 20 Australian super funds over hundreds of millions of dollars of members’ money...
Which super funds are the biggest enablers of climate-wrecking oil and gas expansion?
21 February 2023 Now that super funds are required to disclose their investments to members every six months, we are able to track over time which funds have the highest proportion of their members’ retirement savings invested in climate-wrecking oil and gas companies...
Big super funds quietly selling down shares in Santos and Woodside
18 October 2022 The latest round of mandatory super fund disclosures reveal that most of Australia’s biggest super funds are selling shares in climate wrecking oil and gas companies Santos and Woodside. Some funds, however, have significantly increased their stake in...
New analysis: Australia’s biggest super funds fractured on fossil gas
MEDIA RELEASE Tuesday 18 October: New analysis by Market Forces reveals some of Australia’s biggest super funds have been selling millions of shares in oil and gas giants Woodside and Santos, while others are investing heavily in these climate-wrecking companies. The...
UniSuper climate report is hot air and poor action
MEDIA RELEASE Wednesday 14 September: UniSuper’s new climate risk report reveals the mega fund has continued quietly selling down its investments in Australia's largest gas producer, Woodside, and to a lesser extent, fellow climate-wrecking oil and gas expander,...