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Marion Rae

'Climate wreckers' given green light by big super funds

Brett Morgan Australia Market Forces Hostplus Oil Santos

Australia's top 30 super funds have been accused of backtracking on support for climate action. (Dan Himbrechts/AAP PHOTOS)

Some of Australia's largest superannuation funds have been accused of going backward on action against "climate wreckers" who are expanding fossil fuel production.

According to an analysis released on Tuesday by shareholder activist organisation Market Forces, one in five votes by super funds failed to support climate action proposals that had significant investor support.

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