Aware Super warns of pulling funds from non-green firms

Aware Super has warned that companies that fail to meet climate targets risk divestment from the A$150 billion ($109.69 billion) fund, but Australia’s second-largest superannuation fund would only strip companies of capital as a last resort – preferring instead to “support them” towards sustainability. Head of responsible investments for Aware Super Liza McDonald told AsianInvestor that growing its members’ retirement savings through long-term returns and managing risk, was the fu…