Australian super fund comes second in global green rankings

By John Collett
Updated May 16 2016 - 10:13am, first published 11:24am
Local Government Super in 2014 said it would exclude companies with a material exposure to ''high carbon-sensitive'' activities as well as coal-fired electricity generators. Photo: MICHELE MOSSOP
Local Government Super in 2014 said it would exclude companies with a material exposure to ''high carbon-sensitive'' activities as well as coal-fired electricity generators. Photo: MICHELE MOSSOP
Climate change, which has been linked to coral bleaching, is increasingly recognised as a financial risk. Photo: XL Catlin Seaview Survey
Climate change, which has been linked to coral bleaching, is increasingly recognised as a financial risk. Photo: XL Catlin Seaview Survey

Some of Australia's largest superannuation funds rank among the best in the world in protecting their members from the adverse effects of climate change.