Money magazine Comments - The 14 greenest and cleanest superannuation funds

Comment by Andrew Trevorrow ()

Andrew Trevorrow () — Fri, 14 Feb 2020 12:07:51 +1100

How can AustralianSuper be #2 on the list when it's a big supporter of the fossil fuel industry?

https://www.theage.com.au/business/banking-and-finance/super-giants-funnel-billions-into-fossil-fuels-vote-down-climate-push-20200211-p53zt1.html

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Comment by Nathalie Verellen ()

Nathalie Verellen () — Tue, 18 Feb 2020 23:29:01 +1100

THEY HAVE A SOCIALLY AWARE FUND, WHICH DOES NOT DIRECTLY INVEST IN FOSSIL FUELS, BUT DO NOT EXCLUDE COMPANIES THAT WORK WITH OTHER COMPANIES THAT SUPPORT FOSSIL FUELS. NOT SURE IF THEY DESERVE #2

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Comment by ashley felderhof ()

ashley felderhof () — Mon, 18 May 2020 14:31:26 +1000

interesting that no-one's bothered to reply to your question on this Andrew...

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Comment by Steven Bosten ()

Steven Bosten () — Sun, 25 Oct 2020 13:51:00 +1100

Just transferred my full balance out of Australian Super, I'm not interested in funding their new religious ideology.

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Comment by Nancy Otis ()

Nancy Otis () — Sun, 25 Jul 2021 12:23:43 +1000

You may want to look at this comparison table that provides information on exposure to coal/oil/gas https://www.marketforces.org.au/superfunds/

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Comment by Roxane Uzureau ()

Roxane Uzureau () — Mon, 05 Dec 2022 12:06:36 +1100

Without any kind of evidence supporting their rating I couldn't trust any of it! Out of interest which would you recommend I look into first? Just moved to Australia and don't want to just take the super chosen by an employer.

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Comment by Laurie H ()

Laurie H () — Sun, 30 Jul 2023 14:00:13 +1000

Thanks for the link, Nancy.

I changed to Vision a few years ago. Now I'm getting out because they have changed.

Australian Super, CareSuper, Cbus, Aware (First State), Hesta and UniSuper all invest in gas. I haven't looked at all of the rest.

At the moment, I'm thinking of changing to Future Super (the most transparent) or Australian Ethical.

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