Australia’s super funds manage trillions of dollars giving them tremendous power to rapidly drive forward the climate transition at the pace and scale required. The future we fund is the future we create.
Australian Retirement Trust (ART, a merger of QSuper and SunSuper) is one of the largest funds in Australia with shares in the biggest fossil fuel polluters. As owners of these companies, ART has the power to influence the make-up of company boards and corporate strategy. ART could use their voting power to force the companies they invest in to move away from coal, oil and gas.
ART has a net zero by 2050 target but no clear plan to reach this critical goal. It’s time for ART to show us its plan for real climate action. As a member of ART, you have the power to push the fund to set strong climate targets and use its superpowers for a future powered by the wind and sun.
Sign the petition to the Australian Retirement Trust:
As members of the Australian Retirement Trust we call on our superannuation fund to show integrity in becoming the climate leader it claims to be.
The Australian Retirement Trust should:
- Adopt science-based 2025 and 2030 emission reduction targets for the entire portfolio and disclose its plan to reach net-zero emissions
- Adopt, and make publicly available, a best practice policy to push companies it invests in to cut emissions in line with limiting warming to 1.5 degrees
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Scale up investment in climate solutions to drive Australia’s transformation to a renewable powered future that’s good for the climate, nature and our communities
Members speaking up puts real pressure on ART to clean up its investments. We've seen this working in recent years with companies like AGL and BHP announcing real plans to cut their emissions in response to pressure from retirement funds.
Latest Supporters
I wish to be assured that all of my investments -not just the ethical investments are ethically placed for a better climate future for my children and the members of following generations. It must be now that we instigate change otherwise we will be passing on to our future an uninhabitable world, and then let us ask what is the point of wealth and greed when we have bequeathed a world devoid of life!
Restricting the development of new coal and gas developments is critical to our world.
I think it would be hugely constructive if ART became a leader here. Large numbers of your members work in the health sector, and climate change and environmental destruction are major threats to health. Please include land clearing and other environmentally destructive actions contributing to climate change and ecosystem collapse in the policy focus!
I divested from your fund for this very reason. Please move with the times and start supporting real climate action!