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Ethical super funds with Fossil Fuel investments
(www.abc.net.au)
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this post was submitted on 14 Dec 2023
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Interesting read. I mentioned Future Super as an ethical alternative in a different thread about a week ago and someone replied that it was under-performing compared to other "ethical" super funds, citing Australian Ethical which invests close to $150 million in companies earning revenue from fossil fuels.
Yep sorry, that was me. I still think the fees from future super are exorbitant but Australian ethical isn't a good alternative
Nothing to apologise for, I just found the timing of this article interesting given that recent conversation.
Yeah I thought timing was interesting since I haven't been online in about a week when the other thing was posted and came back to this post. Btw it looks like SSSuper and Prime Super are the only ones on the list that seemed to actually be ethical.
Yes, it was literally the exact same scenario for me lol
Hmm it doesn't show Australian Ethical as having any fossil fuel investments???
Scroll down.
Australian Ethical are listed as having invested $147.4 million in this section.