Despite pressuring companies to ramp up female representation in their senior ranks, there is just one woman among the top 10 paid executives at the eight most powerful super funds.
The most recent example of the start of a change in global finance is the biggest Australian pension fund, AustralianSuper, which has opposed the now-failed $11-billion bid for Australia’s top energy retailer, Origin Energy.
Adjusting the performance test methodology could make green investments more viable. But super fund members should be wary that they could end up being the losers.
Commonwealth, Industry Super Collaborate on Energy Transition Plan miragenews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from miragenews.com Daily Mail and Mail on Sunday newspapers.
Investors have come away from today’s roundtable with Treasurer Jim Chalmers confirming that Australia’s sector-by-sector transition plans, now in development, can be a key part of new investment and job creation in the country’s clean energy industries .