Australian Retirement Funds Have Doubled Investment in Traditional Energy Companies
Despite the push towards net zero, superannuation funds are still betting big on oil, coal, and gas interests.
Stay updated with breaking news from Commonwealth Super Corp. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Despite the push towards net zero, superannuation funds are still betting big on oil, coal, and gas interests.
Australian super funds are expanding instead of shrinking their investment in fossil fuels, despite boasting of their zero emissions targets, new research shows.
Superannuation funds have come under fire for doubling down on their investments in fossil fuels while cutting half a billion dollars from green energy funding.
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 biggest superannuation funds are bankrolling an expansion of coal, oil and gas rather than investing in clean...