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Australian super funds are expanding instead of shrinking their investment in fossil fuels, despite boasting of their zero emissions targets, new research shows.

Australian super funds are expanding instead of shrinking their investment in fossil fuels, despite boasting of their zero emissions targets, new research shows.

Australia's largest superannuation funds have doubled their investments in high-emitting companies over the past two years, according to environmental finance group Market Forces.

Representatives from some of Canada's largest pension funds appear in front of a parliamentary committee to talk about their China investments; Cbus completes its latest merger; GIC is frontrunner to buy stake in German industrial gas maker; and more.

It comes despite commitments to net zero carbon emissions

Australia's 30 biggest pension funds increased their investments in key coal, oil and gas producers by 50% in 2022 despite the funds' long term commitments to net zero carbon emissions, environmental activist group Market Forces said.

SYDNEY (Reuters) - Australia's 30 biggest pension funds in 2022 raised their investment to more than A$34 billion ($23 billion) in companies most resp...

Traditional Owners of three First Nations are putting pressure on the pension funds over their fossil fuel investment plans with Santos.