I changed my banking and super out of climate anxiety. Was it a smart financial decision? | Fossil fuel divestment
What did I divest from? Ash and I never thought of ourselves as investors (it has a bit of a suit-and-tie vibe), but thanks to compulsory superannuation in Australia, every Australian of working age is an investor – even if you don’t have a stock portfolio. “I can almost guarantee you that if you are not watching where that money goes, you are accidentally financing the climate crisis,” says Bullock. This is because “in Australia, most superannuation companies are investing in fossil fuels.” And the banks? Like a lot of kids in the 90s, Ash and I were both brought up as Dollarmite...
Source: theguardian.com