Fossil fuels are carbon rich, non-renewable materials of biological origin found within the Earth's crust that can be used as a source of energy when burned. The main examples are coal, oil, and methane gas.
The investment manager sets a 0% revenue threshold for fossil fuel companies, meaning all companies found to earn revenue from owning fossil fuel reserves and/or the mining, extraction or burning of fossil fuels are excluded from the portfolio.
The investment manager also invests in climate solutions to contribute to the growth of renewable energy, clean technology and nature-based solutions – proven alternatives to fossil fuels that can be deployed at scale today.
The portfolio is regularly reviewed to ensure compliance.
Please see the PDS and How Super Works Guide for more information on how your money is invested.