Is your super fund doing enough about climate change?
Episode description
Can “shareholder activists” bring meaningful action on climate change, even as the federal government continues to hold out? At 23 years old, Mark McViegh sued one of Australia’s biggest super funds over its handling of climate change, forcing them to commit to being carbon neutral by 2050. This year a number other superannuation funds have committed to achieving net zero carbon emissions from their investment portfolios by 2050.
His story is part of a much bigger movement of shareholders, investors and consumers forcing companies to commit to greater action on climate change. To discuss, we're also joined by Scott Phillips, partner at law firm Arnold Bloch Leibler.
In today's headlines:
- Records tumble as Australia’s east bakes
- Two million workers leave JobKeeper as economy recovers
- SA testing blitz continues after quarantine breach
- Covid-19 vaccination could begin in the UK next week
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