Australian super funds sink $25 billion into coal, oil and gas
18 Apr 2023
Australia’s 15 largest super funds have invested a total of more than $25 billion into new and expanding coal, oil and gas projects, according to an analysis from The Australian Conservation Foundation.
One of the biggest offenders, AustralianSuper, had almost $10 billion invested in fossil fuel operations at the end of December 2022, the report finds.
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