Australians collectively have over $2 trillion in super, and research shows over 50% could be exposed to polluting companies. How much is in climate solutions like renewable energy? Just 2%.
Superannuation is mandatory but investing in fossil fuels shouldn’t be. Australians deserve a choice, because fossil fuel companies pose too many risks from an environmental, social and financial perspective.
This understanding inspired our cofounders, Simon Sheikh and Adam Verwey, to build Australia’s first ethical, diversified portfolio that completely excludes fossil fuels. No coal, oil, or gas. No banks that finance fossil fuels. No companies that provide polluters with essential services. Instead of investing in climate polluters and other harmful industries (like tobacco, gambling, detention centres and live animal export, to name just a few), we invest in exceptional companies whose activities are making the world a better place.
Since our launch in September 2014, thousands of Australians have switched to Future Super. Already hundreds of millions of dollars has been moved away from super funds that are funding the fossil fuel industry.
As more and more people make the switch, the pressure on other super funds to divest from fossil fuels and other harmful industries keeps on increasing.
The transition to a clean energy future is an unprecedented opportunity to benefit people and the planet. Future Super members are investing millions in new renewable energy projects across Australia and around the world. We’re continually developing new ways to track the financial impact of fossil fuels in local and global markets. And, most importantly, we’re connecting everyday Australians to their super power (pun intended) with the knowledge that our retirement savings can make a real difference in the real world, right now.
Simon understands the power of Australians coming together to create change. In his 5 years as National Director for GetUp!, Australia’s leading progressive advocacy group, Simon tripled the organisation’s membership to 640,000. Simon also sat on the inaugural board of the now 100,000 strong Australian Youth Climate Coalition, and was named NSW Young Professional of the Year. In addition to leading large organisations working for progressive change, Simon has worked as a Financial Analyst at NSW Treasury and consulted for organisations as diverse as Bendigo Bank, Asset Owners Disclosure Project, major unions and community groups.
Adam has a long history in ethical investment, with an expertise in superannuation, ESG (environmental, social and governance) research and constructing ethical sharemarket indices. He leads the ethical investment team at Future Super and is a member of the Investment Committee. Prior to founding Future Super, Adam had spent almost 10 years at Australian Ethical Investment as a senior manager in business development and marketing. He is a director at the Australasian Centre for Corporate Responsibility, an organisation dedicated to shareholder advocacy and engagement. Adam is also portfolio manager for the Thomson Reuters Australian Fossil Fuel Free Index, and a member of the Responsible Investment Committee for the Betashares Global Sustainability Leaders ETF and Betashares Australian Sustainability Leaders ETF.
Kirstin joined Future Super in 2017 as Chief Operations Officer. In 2018 she was appointed to the Future Super board as Managing Director. Kirstin came to us from Bain & Company where she specialised in financial services strategy and operations in Australia and Canada. She is the chair of the Youth Food Movement Australia, founded Aussie Babywearers for Refugees, and previously worked as a lawyer at Freehills where she got her first taste of clean energy project finance.
Christina Hobbs is a former Management Consultant with expertise in the financial services industry. She has worked for over ten years as an economic and humanitarian advisor to the United Nations and is a former Deputy Manager of WWF's Earth Hour. Christina is passionate about the economic empowerment of women and is a former Board Director of the Global Women's Project, a co-founder of Young-UN Women and is a published author on gender equality.
Andrew joined Future Super in early 2017 having previously held senior marketing roles at Australian Ethical Investment and REST Superannuation. Leading the marketing team at Australian Ethical, Andrew helped double funds under management to over $1.4 billion in 3 years. Andrew also has a long history of social and environmental advocacy, and started his marketing career at Opportunity International - a global microfinance organisation that has helped over 9 million families work their way out of poverty.
James is a pioneer of ethical investment in Australia. He was a co-founder of Australian Ethical Investment and Superannuation, serving as an Executive Director from 1991 to 2011. James also was a founder and inaugural board member of the Responsible Investment Association of Australasia (formerly the Ethical Investment Association). James previously held senior positions in local government and within peak bodies of the credit union movement and taught at the University of NSW in several schools. In 2007 James was awarded a Churchill Fellowship to study shareholder advocacy mechanisms in the United States and Europe, in particular resolutions proposed at annual general meetings.
Mr. Woodall has been a leader in the development and financing of renewable energy and clean technologies for nearly 25 years. He founded and led two specialist investment banking firms focused on the low carbon economy: Impax Capital (1994) and Climate Change Capital (2002). He has been the adviser, investor or principal in over 90 cleantech transactions with total capital deployed of over US $4.5 billion. Mark has an MBA (Dean’s List) from Cranfield University and was an officer in the British Army. He currently also serves on the board of Carnegie Clean Energy (ASX: CCE) and GreenSync Holdings Pty Ltd.
Say goodbye to fossil fuels, and hello to a renewable energy powered future