AustralianSuper Reinvests in Coal, Raising Questions About Net Zero Pledge

Australia's largest superannuation fund, AustralianSuper, has become the biggest investor in coalminer Whitehaven, despite having divested from the company in 2020 and committing to a net-zero pledge. This move raises concerns about the fund's environmental commitments.

5 Jul, 15:00 — 5 Jul, 15:00

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The GuardianMostly Factual55d ago

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

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 Get our breaking news email, free app or daily news podcast Almost six years ago, the country’s biggest superannuation fund announced a major policy update: AustralianSuper’s investment portfolio would be subject to a net zero carbon emissions target in line with the Paris agreement. To make the point, the fund dumped its holdings in the large therm...

By Jonathan Barrett

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AustralianSuper Reinvests in Coal, Raising Questions About Net Zero Pledge

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

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