Australia’s top superannuation funds exacerbating climate change, report finds

A new report finds Australia’s top super funds have doubled their investments in high-emitting fossil fuel companies over the past two years

Environmental finance group Market Forces have released what they’re calling a Climate Wreckers Index. Across 30 of Australia’s biggest super funds, the index reveals close to 40 billion dollars invested in companies with the biggest fossil fuel expansion plans.

 

Image: Image courtesy of the Conservation Council of Western Australia (CCWA).

Produced By: Eduardo Jordan

Featured In Story: Brett Morgan – Superannuation Funds Campaigner at Market Forces

First aired on The Wire, Monday 3 June 2024