An ABC investigation into the financial disclosures of sustainable or ethical-labelled super options finds extensive investment in shares of companies in the fossil fuel, gambling, alcohol and weapons manufacturing industries.
This is a terrible form of analysis
Why would you show these assets in terms of an absolute number? The ngs analysis showed that 3.5% of their assets fell under the fossil fuel category, and some of those companies operate in other areas
If you want to get mad at super funds go ahead but I don’t know what you want them to do? If you go fully renewable instantly you’re not going to be as attractive as an option, meaning even less people investing in renewable super. Meaning potentially less investment in that space
This is a terrible form of analysis Why would you show these assets in terms of an absolute number? The ngs analysis showed that 3.5% of their assets fell under the fossil fuel category, and some of those companies operate in other areas
If you want to get mad at super funds go ahead but I don’t know what you want them to do? If you go fully renewable instantly you’re not going to be as attractive as an option, meaning even less people investing in renewable super. Meaning potentially less investment in that space