As part of our Responsible Ownership approach, we have in place an exclusion framework which means we do not invest in certain industries.
Our responsible ownership philosophy is to be a force for good, shaping the best outcomes for member, their families and their communities.
What are the industries we don’t invest in?
- Companies involved in the manufacture of tobacco or cigarettes
It is well-documented that we were one of the first super funds, in 2012, to divest of these companies, setting a precedent in the industry.
- From 1 October 2020 Aware Super will exclude thermal coal
This means no new investments in this sector across our entire investment portfolio, marking an important first step in our ongoing response to climate change, and preparing our investment portfolio to transition to a low-carbon future.
“We do not make decisions to divest from businesses or sectors lightly. But to deliver for our members and be a true force for good in our community, we must respond to the risks posed by climate change and establish a clear roadmap for the future.”
– Deanne Stewart, CEO.