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

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

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.

 

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