Strategy

Australian super funds are quietly divesting from fossil fuels – but activists say they should convince companies to do better instead

Some of Australia’s largest super funds, including HESTA and Aware Super, are divesting from fossil fuels and committing to 2050 net-zero targets. However, corporate activists say the move tackles growing concerns with investment risk, rather than climate action itself. “Investors are quietly abandoning companies that are proving ‘too hard’ to […]
Australian super funds are quietly divesting from fossil fuels – but activists say they should convince companies to do better instead