Ethical super funds with Fossil Fuel investments (www.abc.net.au)

submitted 9 months ago by dillekant@slrpnk.net to c/environment@aussie.zone

11 comments fedilink hide all child comments

you are viewing a single comment's thread
view the rest of the comments

[-] Ilandar@aussie.zone 2 points 9 months ago

Scroll down.

The ABC cross checked its findings against a second list of companies, supplied by financial data and analysis company Morningstar.

This list was made up of public companies that reported generating revenue from oil and gas, as well as coal production and exploration. Unlike the data from Bloomberg, this also included companies that earn revenue from fossil fuel power generation.

It also captures investment companies and other financial institutions that have holdings in companies that produce fossil fuels.

This method identified more than $2 billion invested in publicly listed companies generating revenue from fossil fuels.

Australian Ethical are listed as having invested $147.4 million in this section.

this post was submitted on 14 Dec 2023

14 points (100.0% liked)

Aussie Enviro

891 readers

5 users here now

An Australian community for everything from your backyard to beyond the black stump.

Topics may include Aussie plants and animals, environmental, farming, energy, and climate news and stories (mostly Aus specific), etc. New related communities will be split off when required, think like subcommunities that exist on that other platform.

Trigger Warning: Community contains mostly bad environmental news (not by choice!). Community may also feature stories about animal agriculture and/or meat. Until tagging is available, please be aware and click accordingly.

Banner Credit: https://www.flickr.com/photos/takver/14871864504/

Aussie Zone Rules

Golden rule - be nice. If you wouldn’t say it in front of your ~~grandmother~~ favourite tree, don’t post it.
No bigotry - including racism, sexism, ableism, homophobia, transphobia, or xenophobia. You are allowed to denigrate invasive plants or animals.
Be respectful. Everyone should feel welcome here. Except invasive plants or animals.
No porn. Except photos of plants. Definitely not animals.
No Ads / Spamming. Except for photos or stories about plants and animals.
Nothing illegal in Australia. Like invasive plants or animals. Exotic microbes and invasive fungi also not welcome.
Make post titles descriptive with no swear words. Comments are a free for all using the above rules as a guide. Fuck invasive plants and animals.

Server Info

Hosted in the Sydney Basin Bioregion on Gadigal land.
User community creation disabled - visit !meta@aussie.zone
Downvotes enabled
User signup enabled
Server Admin: @lodion@aussie.zone

/c/Aussie Environment acknowledges the Traditional Owners of the land, sea and waters, of the area that we live and work on across Australia. We acknowledge their continuing connection to their culture and pay our respects to their Elders past and present.

founded 1 year ago

MODERATORS

lodion@aussie.zone

unionagainstdhmo@aussie.zone