AFR: First State Super slaps companies with more than 20pc coal, oil and gas revenue

AFR: First State Super slaps companies with more than 20pc coal, oil and gas revenue

One of Australia’s biggest industry funds, First State Super, recently announced it was is divesting its socially responsible funds from all companies that source more than 20 per cent of their operating revenue from coal, oil and gas.

The Australian Financial Review’s Amanda Saunders wrote a story which in part credited DEA for its involvement in the initiative. She wrote: “doctors who pushed for the move say they have a  “moral imperative” to support the transition to a renewable economy” and that divestment is “a public health measure”.

DEA’s Dr Helen Redmond and Dr John Iser contributed to Amanda Saunders’ story.
The AFR story was published on 10 September 2015. You can read the article in full HERE

http://www.smh.com.au/business/first-state-super-slaps-companies-with-more-than-20pc-coal-oil-and-gas-revenue-20150909-gjj30d.html#ixzz3liCwjFYz

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