Woodside Energy, Australia’s biggest oil and gas company and renowned climate wrecker, held its annual general meeting (AGM) on 23 April. As usual, the company couldn’t escape scrutiny for its dangerous oil and gas expansion plans, from a significant rally outside the...
superannuation
Health workers and super fund members rally, demanding HESTA rejects new fossil fuels
HESTA felt the heat last week as members, health workers and concerned community members rallied outside the super fund’s Melbourne office, demanding greater action on climate change. Tell HESTA to say no to new fossil fuels Our communities are facing increasing...
Community organisations deliver significant rebuke to HESTA over fossil fuel investments
Two community organisations, Amnesty International Australia and the Centre for Non-Violence, have officially ended their relationship with healthcare and community sector super fund HESTA over its ongoing investments in fossil fuels. Both organisations have removed...
AustralianSuper re-invests in Whitehaven, claims thermal coal is “important” in energy transition
AustralianSuper is the largest super fund in Australia, managing $367 billion in retirement savings on behalf of more than 3.5 million members. Unfortunately AustralianSuper is now the second-largest shareholder in Whitehaven Coal, which has the biggest coal expansion...
Dorothy and Toto deliver brain, heart and backbone to super funds failing on climate
AustralianSuper, HESTA and Hostplus are having trouble telling their climate claims apart from gas industry spin. So our new campaigners Dorothy and Toto delivered these funds some crucial missing parts. Nearly every super fund in Australia invests members’ retirement...
Super funds are (so far) failing to vote for greater climate action this year
Some super funds have started disclosing how they voted at Santos’ annual general meeting (AGM) last week. The bad news is that several of these funds are wallowing in greenwash and failing to increase pressure on Santos to end its climate-wrecking oil and gas growth...
New Analysis: Top super funds abandoning major fossil gas producers
MEDIA RELEASE Wednesday 13 March: New analysis by Market Forces finds Australia’s top 30 super funds have been reducing their investments in oil and gas producers Woodside and Santos over the past two years, relative to the Australian stock market. The top 30...
HESTA puts the heat on Woodside by seeking board renewal
HESTA has announced today that it is pushing for its own director nominees to be considered for election at Woodside’s upcoming annual general meeting (AGM). This is an important climate-related escalation from HESTA and a tribute to the countless members who have...
New Analysis: Australia’s biggest super funds slash and burn climate action
MEDIA RELEASE Tuesday 31 October, 2023: New analysis by Market Forces reveals Australia’s top 30 superannuation funds have backtracked on their support for climate action at the companies most responsible for expanding fossil fuels worldwide. The research also finds...
Super fund support for Woodside and Santos’ climate-wrecking expansion plans
12 September 2023 Our latest analysis shows members of Australia’s biggest super funds own a significant stake in some of Australia’s worst climate criminals, Woodside and Santos. For the first time, we’ve paired our investment analysis with share voting data to...