Environment

Super funds invest in nuclear weapons

Posted on: Tue 14 Dec 2021

For quite a few years now, member and consumer pressure has seen Australian super funds divest from their fossil fuel investments.

Now new research into super fund investments has revealed that they still have holdings in nuclear weapons companies. Interest in this flowed from the UN Treaty on the Prohibition of Nuclear Weapons coming into force in January 2021. The treaty made nuclear weapons illegal under international law

A new report by the Australia Institute and Quit Nukes examines the extent to which Australia’s largest super funds, are pursuing such investment. To find out more, Barometer’s Des Lawrence spoke to Liam Carter of the Australia Institute, who co-authored the report.

Is your Super Fund investing in nuclear weapons?

Produced by Des Lawrence

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