Australian super funds push net zero compliance as fossil fuel lending persists
Australian superannuation funds are strengthening Net Zero engagement policies as new research reveals the big four banks have provided A$43.4 billion to major fossil fuel companies since the Paris Agreement.
Asset owners in Australia recognise the importance of ensuring their investee companies make good on their Net Zero commitments, as indicated by two new reports from leading superannuation funds, though industry observers warn the transition is not happening fast enough.
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