Article may be outdated

This article is 13 days old. Some details may have changed since publication.

The Guardian·3 min read·medium

Coal is back in AustralianSuper’s portfolio. What happened to that net zero pledge?

J
Jonathan Barrett
Coal is back in AustralianSuper’s portfolio. What happened to that net zero pledge?
AI Summary

AustralianSuper, the country's largest pension fund, has faced criticism for becoming the primary investor in Whitehaven Coal despite a previous commitment to net-zero carbon emissions. Critics argue this move undermines the fund's climate goals and sets a concerning precedent for other institutional investors.

Whitehaven Coal’s Narrabri mine. Some are questioning if AustralianSuper’s investment portfolio is aligned with its climate goals. Whitehaven Coal’s Narrabri mine. Some are questioning if AustralianSuper’s investment portfolio is aligned with its climate goals. Business Analysis Coal is back in AustralianSuper’s portfolio. What happened to that net zero pledge? Jonathan Barrett In 2020 Australia’s biggest super fund dumped its Whitehaven shares. Fast forward to 2026 and it is now the coalminer’s single biggest investor

Continue reading on Headlinne

Create a free account to read the full article.

Read full article →
businessenvironmentclimate

Get the full story

Sign up for Headlinne to unlock AI insights, political bias analysis, and your personalized news feed.

Create free account

Already have an account? Sign in