Cbus Growth (MySuper)

This investment option’s exposure to the Fossil Fuel Expansion Index (FFX 200):
Holdings disclosure date Exposure to FFX 200 (% listed equities)
30 June 2025 5.3%

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.

Portfolio holdings disclosures sourced from:
https://www.cbussuper.com.au/

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Coal exclusion policy

Cbus applies a ‘stranded asset exclusion’ which considers carbon intensity, and states: “In addition to climate change investments across the portfolio, a number of our quantitative equity strategies implement one or more climate overlays aimed at constraining carbon emissions and/or limiting exposure to potential stranded assets.”

“Where applied, stranded asset exclusions consist of either an exclusion utilising the MSCI Low Carbon Transition Methodology, or exclusion of companies generating 10% or more of revenue from thermal coal mining. Constraints or adjustments for carbon emissions or the MSCI Low Carbon Transition Score may also be applied as relevant to each strategy.”

For more information see page 14 of the MSCI Climate Change Indexes Methodology.

Oil & gas exclusion policy

Cbus applies a ‘stranded asset exclusion’ which considers carbon intensity, and states: “In addition to climate change investments across the portfolio, a number of our quantitative equity strategies implement one or more climate overlays aimed at constraining carbon emissions and/or limiting exposure to potential stranded assets.”

“Where applied, stranded asset exclusions consist of either an exclusion utilising the MSCI Low Carbon Transition Methodology, or exclusion of companies generating 10% or more of revenue from thermal coal mining. Constraints or adjustments for carbon emissions or the MSCI Low Carbon Transition Score may also be applied as relevant to each strategy.”

For more information see page 14 of the MSCI Climate Change Indexes Methodology.

Coal divestment action

Cbus’ stranded asset exclusion will have caused some reduction in investments in coal companies.

Oil & gas divestment action

Cbus’s stranded asset exclusion will have caused some reduction in investments in oil and gas companies.

Climate voting record

Cbus discloses all proxy voting activity 7 days after each company meeting. The fund has supported 52% of climate-related resolutions from 2017 to 2020.

Voting information last updated: September 2021


Fund information

Fund type: Industry

Assets under management (AUM): $95.4 billion

Members accounts: 917,000

Fund information accurate as at: 30/06/2024

Source: APRA

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