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Australian superfunds 'dumping fossil fuel stakes'

Australia's largest superfunds are rapidly selling off stakes in fossil fuel companies, a Market Forces report has found.

HESTA: Divestment remains last resort for four climate 'watchlist' firms

HESTA said divestment on climate grounds from four energy firms it has warned of intensified engagement is its option of last resort - but remains possible if their response to engagement is "insufficient".

HESTA warns four energy firms of potential climate-related divestment

HESTA has warned four energy firms they face heightened scrutiny and potential divestment due to their lacklustre decarbonisation strategies, as the Australian pension fund announced a strengthened 2030 decarbonisation target.

News round-up: UNEP FI; National Grid; Santos

Santos to give shareholders 'Say on Climate'