Eight major super funds have been criticised for voting against the majority of shareholder proposals on climate change at recent annual general meetings despite being members of an investor group pushing for companies to take action on climate risks.
AMP, AustralianSuper and First State Super are among the funds singled out in a report by the Australian Centre for Corporate Responsibility (ACCR) for voting down more than half the climate-related shareholder proposals over the past three years.
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