Aware Super welcomes passage of Climate Change Bill through House of Representatives

Thursday, 4 August 2022
 

Aware Super has welcomed the passage of the Commonwealth Government’s Climate Change Bill through the House of Representatives.

”We welcome the passage of this Bill through the House of Representatives today,” said Deanne Stewart, Chief Executive Officer of Aware Super. 

”This is important and historic legislation and, for a major institutional investor like us, it will provide certainty in the medium term to help guide investment decisions on behalf of our members

”Aware Super has more than $1 billion of members’ retirement savings invested in renewable energy and technologies to help address the impacts of human-induced global heating – much of it offshore.

“Enshrining Australia’s emissions reduction targets in legislation will go some way towards creating a more certain domestic investment environment, enabling Australians’ retirement savings to be invested in high-quality opportunities here in our own backyard. 

“We keenly await the passage of this Bill through the Senate in due course.” 

Note to Editors

Previously known as First State Super, we changed our name to Aware Super in September 2020.

Aware Super is a name that reflects our members and what we stand for. It echoes the strengths of our past, aligning to our purpose to be a force for good in superannuation, retirement, and advice, driving better outcomes for our members, their families, and communities. 

Aware Super has been the fund for people who value community since 1992, and we’re now one of Australia’s largest funds and continuing to grow. We merged with VicSuper and WA Super in 2020 and now manage $155 billion in savings for more than 1 million members located across the country.

Our members work in roles that breathe life into their communities and they expect us to do the same. So, we invest in assets that we believe will make a positive difference today – improving our communities, building a more a sustainable economy and supporting employment both locally and globally at the same time as providing strong long-term returns. 

Discover how we’re helping members do well financially while doing good in the world: Visit aware.com.au.