– A complete list of the funds’ holdings.

– Emissions reduction strategies for the funds’ portfolios.

– If the funds have conducted portfolio-wide scenario analysis on climate change analysis.

– The engagement processes each fund undertakes with investee companies to reduce their carbon exposures.

The campaign is backed by the Australia Conservation Foundation, with economic analyst and campaigner May House, who is also a Sunsuper member, commenting the funds are well behind their industry peers on managing climate risks.

The rest of this article can be found at investordaily.com.au.

“Amara’s extensive experience and passion for customer-centricity is the perfect fit for Bennelong in our ongoing commitment to put our clients at the heart of everything we do.” Ms Haqqani was most recently a director for consulting firm Milliman, prior to which she held senior policy and compliance roles at the Financial Services Council, Challenger Limited and RBC Global Asset Management. She has also held roles at Equity Trustees, Orchard and Aviva.

“They’ve said let’s work through that because we don’t quite know what our board wants us to do. But just like that it’s going to turn into an ESG portfolio, and that’s a board directive from that super fund.” 4D Infrastructure chief investment officer Sarah Shaw agreed that many super funds were rapidly moving towards carbon neutrality across their entire portfolio if they had not done so already. “You can have stocks that are carbon emitters but they have to be offset by other stocks that are taking carbon out across the portfolio,” Ms Shaw said.

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James Crawford, head of equity portfolio construction at Cbus commented all portfolio companies within the Impax Climate Strategy are aligned with the Paris Agreement, “positioned to provide significant net CO2 savings”. Jon Forster, senior portfolio manager at Impax added asset owners are “increasingly prioritising climate change mitigation and considering climate risk in their investment decisions”. “The Impax Climate Strategy responds to that need, but also to our belief that there are considerable investable opportunities as society adapts to the consequences of climate change,” Mr Forster said.

The rest of this article can be found at investordaily.com.au.

“Anthony’s depth of knowledge and understanding of the pulp and paper industry will be a significant advantage to the board and to our membership,” First Super chief executive Bill Watson said. “He has a vast working knowledge of the industry and will no doubt assist us in making decisions that reflect members’ real experiences and needs.” Also joining the First Super board is compliance officer for the CFMMEU Casey Thompson. She will be observing the board and committees as an associate member director.

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The dwindling payments from the early release scheme saw benefit payments drop to $21.3 billion in the December quarter, in contrast to $33.9 billion in the three months before. But benefit payments for the 2020 year were $113.3 billion, a 39.4 per cent surge on the year before, including around $36 billion being withdrawn under the early release scheme. Total contributions increased by 1.9 per cent during the year, although annual member contributions of $22.9 billion were 6.4 per cent lower than the previous year. Employer contributions had still increased by 4.1 per cent.

The rest of this article can be found at investordaily.com.au.