Super funds lagging on direct renewables investment | @canberratimes
Australia's 30 largest super funds directly contributed $771 million of the $99 billion invested in Australian clean energy projects since 2020, roughly 0.03% of the $2.5 trillion in retirement savings managed by those funds, a new Market Forces report shows. canberratimes.com.au/story/9…
"Super funds are missing out on a critical opportunity to own the clean energy infrastructure that will power Australia's economy for generations," report author Brett Morgan told @AAPNewswire.
"Any super fund which supports the Paris Agreement's #climate goals must significantly ramp up its policy advocacy efforts to remove barriers to scaling investments in #cleanenergy."
Is the superannuation industry holding Australia back?
New Market Forces research reveals the top 30 super funds have invested in just 4% of the clean energy generation capacity needed to reach Australia's 2030 renewables target. #auspol
Super funds are missing a critical opportunity to back Australia’s clean energy transition.
In fact, Canadian pension funds have more direct investments in Australian renewable energy projects than our own super funds do. How ridiculous is that?
Your retirement savings could be supercharging Australia’s clean energy revolution – slashing electricity bills and benefitting millions of working Australians.
👇 Sign our open letter and tell your super to invest in a cleaner future. ☀️ marketforces.org.au/campaign…
MEDIA RELEASE: New Market Forces analysis reveals Australia’s top 30 superannuation funds have invested in just a fraction (4%) of the renewable energy capacity needed to meet Australia’s mandated 2030 climate goals.
marketforces.org.au/australi…
BlackRock was the first high-profile asset manager to quit the industry's #NetZero initiative. Now, billions are being pulled.
"The fact is, @BlackRock has been losing institutional clients... Asset owners [are] unhappy with BlackRock's approach to #climate risk." – Will van de Pol, chief executive at Market Forces
@IgnitesAsia 🔗 ignitesasia.com/lead/enroll/…
AustralianSuper is the top shareholder in @WhitehavenCoal, which has the biggest coal expansion plans of any company in Australia.
@AustralianSuper members – join the campaign and call on your fund to step up and say no to Whitehaven’s new coal: australiansuperpolluter.com
#ICYMI New data reveals 3 in 5 people across Singapore, Indonesia and Malaysia expect “no coal” to actually mean no coal, when it comes to bank finance.
Yet despite their own coal exclusion policies, banks like @OCBCBank, UOB, @dbsbank, @MyMaybank and @CIMBMalaysia are still pouring millions of dollars into industrial coal plants for nickel and aluminium smelters.
But most bank coal exclusion policies do not explicitly cover this type of industrial (captive) coal use, allowing companies like @HaritaGroup — which operates a staggering 910 MW of coal-fired power plants to run its nickel operations on Obi Island — to slip through the gap.
Roughly 1 in 3 people in Singapore, Indonesia and Malaysia are willing to switch banks over coal finance. It’s time for banks to listen to their customers. #climate
Read our full report ➡️ marketforces.org.au/campaign…
In a move that could empower Australian consumers, new laws will force companies to declare their climate risk.
“What this really is about is companies making decisions that will either make or break our chances of having a stable global warming outcome. Most importantly it should drive companies into alignment with global #climate goals,” Will van de Pol, chief executive at Market Forces told @choiceaustralia.
choice.com.au/shopping/every…
“It's an important step forward. Super funds will be watching closely. It’s absolutely integral that super funds take not only a keen interest, but take action off the back of these climate risk disclosures,” Market Forces' chief executive Will van de Pol told @choiceaustralia.
Data from 2025 reveals that out of Australia's top 30 super funds, only one – @austethical – was not invested in a global list of 200 companies with the biggest fossil fuel expansion plans. marketforces.org.au/FFX200/
“Australians are being told to catch the bus in the name of fuel security, while the mining industry uses ever more diesel,” said Rod Campbell, Research Director at The Australia Institute.
Read more ➡️ theaus.in/4eb26JG
HANDS OFF SCOTT REEF 🌊🪸 David Attenborough said it best: "If we save the sea, we save our world."
We've joined this plea, holding actions with @GreenpeaceAP across Australia to call on #Mitsubishi and @mitsuiandco (MIMI) to #SaveScottReef and withdraw from Browse LNG. Here's why 👇 1/6
🌊 The ocean produces our oxygen and regulates our climate.
We need clean, renewable energy systems that support our future — not ones that destroy biodiversity, pollute our atmosphere and oceans, and sacrifice living reefs.
The incredible marine creatures that call Scott Reef home don't have a voice to speak to MIMI, but we do. 🐋
Want to help #SaveScottReef? Take a quick online action now and tell MIMI: Hands off Scott Reef and #ExitBrowse 🪸 marketforces.org.au/browse-l…