Australian Conservation Foundation: Super Funds Investing $25bn in Fossil Fuel Expansion
April 17, 2023
April 17, 2023
MELBOURNE, Australia, April 17 (TNSrpt) -- The Australian Conservation Foundation issued the following news release:
Australia's 15 largest superannuation funds have more than $25 billion invested in companies that are expanding coal, oil and gas production, according to new analysis by the Australian Conservation Foundation.
Nearly a fifth of this amount ($4.66 billion) is invested in just three companies - Woodside, Chevron and Santos.
The total inve . . .
Australia's 15 largest superannuation funds have more than $25 billion invested in companies that are expanding coal, oil and gas production, according to new analysis by the Australian Conservation Foundation.
Nearly a fifth of this amount ($4.66 billion) is invested in just three companies - Woodside, Chevron and Santos.
The total inve . . .