Having analysed the returns of fifteen of Australia’s largest superannuation fund options over the past two years, Market Forces estimate that those options have collectively lost over $5.6 billion on their fossil fuel investments over that time.

Our new report Burned details this analysis, and highlights the urgent environmental and moral need for super funds to divest their coal, oil and gas holdings. Click here to read the full report and download a copy.

Fossil fuels are causing massive environmental damage and driving climate change, and Australians are concerned about prospect of financially supporting the dirty coal, oil and gas industries. Despite this, the vast majority of Australian super funds remain invested in fossil fuels.

Sourced through Scoop.it from: superswitch.org.au

See on Scoop.itFutures Thinking and Sustainable Development


Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s