| Still smarting over a Senate Committee gruelling over its tobacco investments, the Future Fund - the largest fund in Australia - is being accused of insufficient transparency over climate-change risk mitigation within its portfolio.
A FOI search two years ago revealed that despite investor warnings of particular risks to long-term investors like the Future Fund, it had not once mentioned climate-change in any of its Board meetings. Despite the more recent development of Australia's own carbon pricing scheme, the Future Fund is accused of not giving the issue sufficient oxygen or providing stakeholders with clarity about its strategies to protect its portfolio...............................................Full Article: Source
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