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Super industry stands to lose billions if it ignores climate change

Super industry stands to lose billions if it ignores climate change

In the absence of a commitment to net-zero greenhouse emissions by 2050, the superannuation industry stands to lose billions of dollars, a member association has warned.

by Shared from Investor Daily | Oct 4, 2021

The Association of Superannuation Funds of Australia (ASFA) has called out the risks of climate change and the impact it is expected to have on investment portfolio performance of superannuation funds in its latest discussion paper released on Friday.