Big super invests $110m in refiner using Russian ‘blood oil’ The disclosures represent the strongest link yet between Australian portfolios and Russian oil, showing funds have profited from the trade in sanctioned crude.

“Fuelling the war machine”: Australia's four largest super funds #AustralianSuper, #AustralianRetirementTrust, #AwareSuper and #UniSuper are investing $110m of Australians’ retirement savings in a refiner using #Russian oil.

“Funds must investigate and act.” – Brett Morgan, Market Forces

Today we’re in Perth for Woodside’s AGM, as the oil and gas company faces mounting pressure to align its business plans with global #climate targets.

#AwareSuper and #HESTA are sending a strong message by voting against one of Woodside’s directors. Will other investors follow suit?

'Four of the country’s biggest funds, #AustralianSuper, #AustralianRetirementTrust, #Hesta and #AwareSuper, say they will not enter into new contracts with...