Australia’s Second Largest Pension to Divest from Thermal Coal
The fund also said it will reduce emissions from its listed equities by at least 30% in under three years.
First State Super and WA Super announce they’ve begun merger talks.
Combined Australian mega-fund expected to take shape by June 2020.
A First State Super and VicSuper consolidation joins trend among the nation’s pension funds.
First State Super’s $2.1 billion payment will go toward infrastructure in the state of Victoria.