Markets

Just a handful of Australia’s 50 largest super funds have a good track record on issues like climate change. Here’s who doesn’t stack up.

Many of Australia’s largest superannaution funds have been slammed for not living up to their public commitments. An analysis of the 50 biggest shows many have voted against policies relating to climate action, political transparency, and gender equality. The Australasian Centre for Corporate Responsibility (ACCR) which compiled the analysis said […]
Just a handful of Australia’s 50 largest super funds have a good track record on issues like climate change. Here’s who doesn’t stack up.
Markets

AMP Capital is selling off its $570 million in tobacco and weapons investments

AMP Capital, Australia’s second largest fund manager, has embraced ethical investing by ditching $570 million in investments in tobacco and weapons. Tobacco manufacturers are now excluded from the AMP Capital portfolio because their products are highly addictive. Cluster munitions, landmines, biological and chemical weapons manufacturers are out because their products […]
AMP Capital is selling off its $570 million in tobacco and weapons investments