Queensland’s largest superannuation fund, QSuper, is facing a member backlash over climate risk exposure, with chairman Don Luke receiving a legal letter raising issues ranging from a delay in undertaking carbon footprinting to its limited disclosure of portfolio holdings.
Lawyers acting for two QSuper members wrote to the superannuation fund asking it to strengthen its policies to better manage climate change risk on behalf of its clients.
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Carrie LaFrenz is a senior journalist covering retail/consumer goods. She previously covered healthcare/biotech. Carrie has won multiple awards for her journalism including financial journalist of the year from The National Press Club. Connect with Carrie on Twitter. Email Carrie at carrie.lafrenz@afr.com
