ETHICAL CONSIDERATIONS
Superannuation isn’t just for the future, it’s money that’s invested right now in the world.
76% of Australians would consider moving their super or other investments to another provider if their current fund didn’t align with their own values. Are you one of them?
TOPICS AND RESOURCES
-
DIVESTMENT
“Divestment is the opposite of investment – the action of removing money that has been invested somewhere. Divestment has taken on great significance as a global movement as more individuals and institutions take action to ensure their money is not being used to fund projects and industries that they don’t agree with.” — Market Forces
Compare Super Funds: What future is your super funding?
ABC: Commonwealth Bank stops lending to fossil fuel companies without genuine emissions plan
Investopedia: Protest Divestment and the End of Apartheid
Boycott, Divestment and Sanctions | Australia
Australian Palestine Advocacy Network
World Animal Protection | Is your super funding animal cruelty
-
GREENWASHING
“Greenwashing is the practice of misrepresenting the extent to which a financial product or investment strategy is environmentally friendly, sustainable or ethical. Greenwashing distorts relevant information that a current or prospective investor might require in order to make informed investment decisions.” — ASIC
ABC: Selling the Green Dream (December 2023)
ABC: Fortunes of War (June 2024)
ABC: Australian super funds double investment in fossil fuel companies, report finds (May 2024)
ASIC’s first greenwashing case results in landmark $11.3 million penalty for Mercer
Active Super ordered to pay $10.5 million penalty in ASIC’s third greenwashing court action
-
Ethical Investing
“Ethical investing is the practice of selecting investments based on ethical or moral principles.” — Investopedia
From Values to Riches 2024: Charting consumer demand for responsible investing in Australia
Every Australian owns shares through super. Here's how to make a start at ethical investing
'Ethical' investment funds outperforming mainstream counterparts: study
How I made my super money work better for me — and our climate
-
AWARDS & CERTIFICATIONS
Superannuation funds and investment options can earn a vareity or accreditations, awards and certifications from third parties. These independent assessment can help guide your choice of super.
-
gender super gap
“With more time out of the workforce due to caring responsibilities, and a higher rate of part-time work, women often retire with far less superannuation than their male counterparts. The superannuation gap between women and men at the end of their careers is often very large.” — Workplace Gender Equality Agency
Menopause costing thousands of women tens of thousands of dollars in lost super
Are you a woman in your 50s? Your gender super gap could be as high as 41%
-
DISCLOSURE AND TRANSPARENCY
Since March 2022, most superannuation trustees are required to disclose information about the portfolio composition (underlying assets and derivatives) of each of the investment options offered by their funds.
ASFA | Delivering on portfolio holdings and fees and costs disclosure
CASE STUDY: DIVESTMENT CAMPAIGN ON SOUTH AFRICAN APARTHEID
The divestment campaign against apartheid South Africa was a global movement aimed at ending the country's institutionalized racial segregation system through economic and political pressure.
Emerging prominently in the 1960s and gaining momentum in the 1980s, the campaign sought to isolate South Africa economically by urging governments, corporations, universities, and other institutions to withdraw investments and impose sanctions. This pressure aimed to compel the apartheid regime to dismantle racist policies. The U.S. passed the Comprehensive Anti-Apartheid Act (1986) banning new investments and loans. The UK and EU also adopted measures. South Africa was excluded from international sports (e.g. the Olympics) and cultural exchanges, amplifying its pariah status.
Events like the Sharpeville Massacre and Soweto Uprising drew global outrage, galvanizing support for divestment.
Economic isolation weakened the regime, exacerbating capital flight and inflation. Combined with internal resistance and international diplomacy, divestment contributed to apartheid’s collapse in the early 1990s. Mandela’s release and democratic elections marked its end. The campaign demonstrated the power of collective economic action and inspired later movements (such as BDS). It remains a model for leveraging moral and financial pressure to advance human rights.