How Australians can protect their super from climate change

…report’s release coincides with global survey of world’s 1000 largest asset owners, which finds retirement funds exposed and ill-prepared for predicted re-pricing of carbon, let alone climate risk, casualties being ordinary “citizen investors”. Asset Owners Disclosure Project’s 2013/14 Global Climate Investment Index . The challenge, “is that  carbon dioxide emissions potential of the coal, oil and gas reserves listed on world’s stock exchanges exceeds level of emissions for global carbon budget for the next 40 years.” industry to be smoked out of its fiduciary duty bunker to prove to members that it is actively addressing this calamitous systemic risk, “ John Hewson, AODP Chair said.

>readmore> RenewEconomy

About groundswellbasscoast

This is on behalf of local climate change group. Material is selected by Bernie McComb and does not necessarily represent opinion of whole group.
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One Response to How Australians can protect their super from climate change

  1. Mikey Mike says:

    All the more reason to put your Super into ethical investments or Self Managed Super Funds (SMSF), as I did. A SMSF owning free-standing family-style residential houses (not units/flats) avoiding body corporate/owners corporations, is hopefully not adversely affected by carbon pricing. In property, I look for good capital gain & good rental gain in areas that average families can afford to rent. Reduce the carbon footprint & running costs by building in as much energy efficieincy as you can afford at the start. But as everyone’s circumstances are different, please get independent advice from a trusted, registered accountant or financial advisor. Happy investing.

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