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Climate lawsuit increases pressure on responsible investing

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A 24-year-old Brisbane landscaper has brought a test case legal action against $50 billion REST Super for allegedly failing to protect his pension savings from the financial risks posed by climate change.

Mark McVeigh’s unprecedented action, highlights the growing "responsible investment" pressure on fund managers.

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Duncan Hughes is a Walkley award-winning personal finance reporter, based in our Melbourne newsroom. Connect with Duncan on Twitter. Email Duncan at duhughes@afr.com.au

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    Original URL: https://www.afr.com/wealth/personal-finance/climate-lawsuit-increases-pressure-on-responsible-investing-20191007-p52yd7