The Fossil Fuel Expansion Index or FFX 200 is made up of the 200 publicly-listed companies from all over the world with the biggest plans to expand the scale of the fossil fuel industry. Specifically, the list includes:
The top 60 oil and gas producers by expansion plans.
The top 60 coal miners by expansion plans and coal reserves.
The top 30 companies by new gas power plant development plans.
The top 30 companies by new coal power plant development plans.
The top 10 companies by liquefied natural gas (LNG) import and export terminal development plans.
The top 10 companies by oil and gas pipeline development plans.
Together, these companies are planning new coal, oil and gas projects that could add the equivalent of 300 years of Australia’s national annual emissions!
Take action and tell your super fund to end its support for new fossil fuels.
View the methodology for calculating exposure to the Fossil Fuel Expansion Index here.
Use the form below to tell your fund to lift its game on climate action!
Coal exclusion policy
None
Oil & gas exclusion policy
None
Coal divestment action
AustralianSuper announced in November 2020 that it had divested from Whitehaven Coal and all active exposure to thermal coal companies. However, the fund purchased a significant amount of Whitehaven shares in 2025 and is now one of the top shareholders in the company. AustralianSuper continues to invest in companies that generate revenue from coal-fired power, including AGL Energy and Origin Energy.
Oil & gas divestment action
According to AustralianSuper’s investment holdings disclosure, this option has minimal exposure to pure play oil and gas producer Santos, indicating this company has been removed from the fund’s active holdings.
Climate voting record
AustralianSuper discloses all of its Australian proxy voting decisions quarterly, and international votes annually. The fund supported 47% of the climate-related resolutions it voted on from 2017 to 2020.
The information provided by Market Forces does not constitute financial advice. The information is presented in order to inform people motivated by environmental concerns and take actions based on those concerns. Market Forces is organising data for environmental ends.
The information and actions provided by Market Forces do not account for any individual’s personal objectives, financial situation or needs. It should not be used, relied upon, or treated as a substitute for specific professional advice.
Market Forces recommends all users obtain their own independent professional advice before making any decision relating to their particular requirements or circumstances. Switching super funds may have unintended financial consequences.
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