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Super funds fire climate warning shot
By
Lachlan Maddock
26 April 2021
The powerful Australian Council of Superannuation Investors (ACSI) has warned that companies are “moving too slowly” on climate and that it will vote against directors who don’t lift their game. 
ACSI warned that it would start voting against directors of companies who have fallen short on managing climate-related risks, saying “climate change is one of the greatest challenges facing companies and investors today.” 
“Our active and constructive engagement with ASX200 companies has led to major improvements in company practices – but there is much more to be done to address climate risk,” said ACSI boss Louise Davidson.

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