Superannuation funds should not dictate a company’s industry association memberships, says Liberal senator Andrew Bragg, following calls for trustees to take a tougher line on companies that are falling short on their climate commitments.
Liberal senator Andrew Bragg says that superannuation funds should not try to influence the lobbying activities of listed companies as part of a push to hold directors to account over their commitment to taking action on climate change.
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Michael Read is the Financial Review's economics correspondent, reporting from the federal press gallery at Parliament House. He was previously an economist at the Reserve Bank of Australia and at UBS. Connect with Michael on Twitter. Email Michael at michael.read@afr.com
