Ahead of ANZ's Annual General Meeting (AGM) on 16 December, we have a unique opportunity to speak out and keep three financial giants – ANZ, QSuper and Sun Super – accountable on climate.
If we all send an email now, we can encourage QSuper and Sun Super to make a good choice for our climate by voting yes on the shareholder resolution that demands ANZ to set emission targets in line with the Paris agreement at the bank's AGM.
ANZ has plans to divest from thermal coal projects, but they remain Australia's biggest lender to coal, gas and oil.
Baby steps won't cut it. Now is the time for giant leaps. We need ANZ to step up and take responsibility for their actions and investments that drive climate damage, like bushfires and drought.
The same goes for QSuper and Sun Super. Both funds are lagging behind their industry peers on climate action, with neither fully disclosing their fossil fuel investments. QSuper won’t even disclose how they vote on important climate shareholder resolutions – like the upcoming vote at ANZ's AGM.
With the two funds potentially merging next year to become Australia's biggest super fund, the impacts of their climate inaction will only magnify!
Send your email to QSuper and Sun Super now.
If you haven't read our email, learn more about what's at stake.
Header image: 12 Apostles by Graham Holtshausen