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.”