AustralianSuper invests over $600 million in Whitehaven Coal, raising climate concerns
AustralianSuper resumed investments in coal, becoming the largest stakeholder in Whitehaven Coal by 2026 after previously divesting in 2020. The $388 billion fund's stake exceeds $600 million, raising concerns about alignment with its net zero carbon emissions commitment. Experts criticize the move, indicating it neglects broader climate risks amidst ongoing industry pressures.
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Summary by OZbrief Editorial · The Guardian Australia · Source
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Published 05 Jul 2026, 15:00 UTC · Updated 05 Jul 2026, 15:20 UTC
Summary by OZbrief Editorial. Original report: The Guardian Australia. Editorial policy · Corrections
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