AsianInvester
Advertisement

Aware Super warns of pulling funds from non-green firms

For Australia’s second-largest super fund, it’s a case of get green or get out, but engagement and collaboration is still the preferred solution.
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…
Become an AsianInvestor Member
This article is available to members only. Become a member for unlimited access to all AsianInvestor’s content and archives of over 16,000 articles.
¬ Haymarket Media Limited. All rights reserved.
Advertisement