Thanks to a leak from an industry insider, we discovered that several major Australian super funds use financial services company Mercer as their administrator (see list below). Mercer’s sister company, Marsh, is Adani’s insurance broker, currently searching the globe trying to find insurance companies willing to underwrite the construction of the Carmichael mine and railway line.
Insurance is a critical necessity for most major projects. If Adani can’t find insurance, it can’t build or operate its climate-wrecking mine and rail line. Marsh’s work is essential for Adani.
Mercer often touts its green credentials but no company that aims to call itself ethical, responsible or sustainable can be associated with the destructive Carmichael coal project or any other project that is expanding the production of thermal coal, at a time when we urgently need to phase out this dirty and polluting fossil fuel.
We know that Mercer is worried about the damage its sister company’s work for Adani is inflicting on its brand and reputation. If super fund clients can apply enough pressure on Mercer, then it will realise that it’s in its interest to help get Marsh to dump Adani.
Is your super fund listed? Fill out the form to email your super fund urging it to cut its link to Mercer and the Adani Carmichael project.
Prefer to call? Contact your super fund via the number below:
- Alcoa of Australia Retirement Plan: 1800 355 028
- ANZ Staff Super: 1800 000 086
- BOC Superannuation Fund: 1300 136 829
- Care Super: 1300 360 149
- Commonwealth Bank Group Super: 1800 023 928
- EISS Super: 1300 369 901
- Equip Super: 1800 682 626
- Goldman Sachs: (03) 9679 1111
- Guild Super: 1300 361 477
- Holden Employees Superannuation: 1800 700 995
- IAG/NRMA Superannuation: 1300 424 676
- Lutheran Super: 08 8267 7300
- Media Super: 1800 640 886
- NGS Super: 1300 133 177
- Qantas Super: 1300 362 967
- REI Super: 1300 13 44 33
- Toyota Australia Super: 1800 700 884
- TWU Super: 1800 222 071
- Virgin Money: 1300 652 770