The superannuation or retirement funds increased by 50% over the past year their investment exposure to both Australian and foreign companies developing new or expanded coal, oil and gas projects, the group said in a report published on Sunday.
Some funds have committed to achieve net zero carbon emissions in their investment portfolio by 2050.- operators of the five largest funds cumulatively managing more than A$1 trillion - did not immediately respond to Reuters requests for comment. Market Forces estimated more than A$140 billion of Australians' retirement savings are invested in fossil fuel companies through the funds, which have more than 9% of members' share investments in these firms on average.
Berita ini telah kami rangkum agar Anda dapat membacanya dengan cepat. Jika Anda tertarik dengan beritanya, Anda dapat membaca teks lengkapnya di sini. Baca lebih lajut: