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clock Created with Sketch. 29/05/24
16:46
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Originally posted by kitale:
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guys a great article on the ABC website this morning (please don't ask me to copy paste link, I don't bother any more) simply google "ABC Australian super funds double investments in fossil fuels'' and you'll get there. in short the article points out the hypocrisy of funds who claim to be re directing funds from super members into "clean"areas other than fossil fuel.... UTTER BULL S..T over the last two years Australian super funds have doubled ! their exposure from $19b to $39b into fossil fuels.....so called "clean investment funds" actually decreased by half a billion dollars in the same period. the same article lists the super funds and how much skin they have in the game, good reading OH yeah green washing is alive and well...never let integrity or scruples stand in the way of making a buck!
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Those reporters don't seem understand how flows and returns work
(20min delay)