At Aware Super we believe climate change is one of the most significant long-term risks to our portfolio – and therefore our members’ retirement outcomes. That’s why it is a key focus for us. Since 2015, we have focused on the risks and opportunities of climate change in our investment portfolio and were one of the first super funds to develop a Climate Change Adaptation Plan.
In 2019, we went a step further. As part of our commitment to understand the potential impacts of climate change, we analysed advances in climate science, the increasing evidence of the impacts of climate change and the strengthening of global targets and commitments to reduce emissions.
The result was our Climate Change Portfolio Transition Plan – which is a framework of recommendations and targets designed to develop a decarbonisation pathway for our portfolio and achieve net zero emissions by 2050 and an economy-wide 45% reduction in emissions by 2030.
Climate Change Portfolio Transition Plan
Our Climate Change Portfolio Transition Plan (CCPTP) is a framework of recommendations and targets designed to develop a decarbonisation pathway for our portfolio.
Two years of progress
2022 in review
See how we’re tracking against our goals in our Climate Change Portfolio Transition Plan.
Destination Net Zero
Reducing carbon emissions
We’re committed to progressively reducing carbon emissions in our portfolio.
Investing in renewables
We’re investing in renewables and new technologies to help address climate change.
Healthy climate, strong economy
We are committed to working with other like-minded investors and industry groups to advocate for change. Read about our support of Climate League 2030 here.
Divesting from thermal coal miners
Divesting from thermal coal miners is just one of the ways we are responding to the impacts of climate change.
Investing in battery storage
We seek to invest in innovative projects around the world with the aim of strong returns to members and also reducing the carbon footprint of our portfolio.