Environmental News

Global funds urged to shift more money into clean technologies

Admin Keep Queensland Beautiful - Tuesday, October 02, 2012

A global project has been launched to encourage pension and superannuation fund members to shift some of their $60 trillion in savings into funds that support clean and green technology.

Now the independent, not-for-profit Asset Owners Disclosure Project (AODP) is asking the world’s largest 1000 asset owners to reveal how they are addressing climate change and the ‘‘green economy’’.

Some of the biggest Australian funds to be covered by the global index include ARIA, AMP, AustralianSuper, Colonial First State, Commonwealth Bank, Westpac and Perpetual.

Read more: http://www.theage.com.au/environment/climate-change/global-funds-urged-to-shift-more-money-into-clean-technologies-20120929-26rod.html