Leading the charge for climate ambition
As an ethical super fund, Future Super is proud to be part of a vocal coalition of Australian business leaders who are calling on the government to stay on track with Australia’s climate commitments.
We know our members expect nothing less of us, and rightly so. Future Super was founded to help people take climate action. Your super is your climate legacy. No fossil fuel companies. Maximum impact. It’s why we exist. And it’s why we’re leading the launch of Business for 75.
Business for 75 is a growing coalition of companies, investors and organisations calling on the federal government to adopt a 75% emissions reductions target by 2035.
This campaign is proudly led by our parent company, Future Group, along with major players like Fortescue, Volvo, Bank Australia, Ben & Jerry’s and BCorp.
These organisations understand what some in government still haven’t fully grasped: strong climate policy is not about winning elections or saving the planet, or a threat to economic growth. In fact, it’s a platform for innovation, investment and prosperity.
Why 75%?
The 75% target we’re calling for is grounded in climate science, aligned with the Paris Agreement pathway, and represents the minimum threshold required to avoid the worst impacts of climate change. It also matches the level of ambition already being pursued by Australia’s states and territories, which are collectively aiming for emissions reductions between 66% and 71% by 2035.
A federal target of 75% brings national coherence and international credibility. It also tells investors, businesses and the world that Australia is serious about being part of the clean energy transition.
Eyes on Canberra
Climate targets are once again on the national radar. In late July our CEO, Simon Sheikh, joined a high-level roundtable in Canberra with Federal Climate Minister Chris Bowen and the UN’s climate chief Simon Stiell. The message from business was clear: businesses are moving faster on emissions than the government is, and we need policy to match our pace.
At the roundtable event, a new report was launched: Australia’s 2035 NDC: A Robust Climate Target for Economic Certainty and Global Credibility. It shows that a 75-85% emissions cut by 2035 is not only achievable, but economically necessary.
Later that same evening, on ABC’s 730 show, Minister Bowen acknowledged that strong targets are good for the economy and for national security. He reaffirmed that Australia’s 2035 commitment will be based on science and modelling, and backed it up by announcing new support for clean energy projects, including an expanded renewable energy scheme to help meet our 2030 goals.
The moment is now
Business for 75 is making front-page headlines and gaining momentum because the call is timely and urgent. The government must finalise its 2035 target by September 2025. We are making it clear that the business community expects ambition, science, and long-term thinking to drive the decision.
Independent modelling shows weak action could cost Australia up to $6.8 trillion in lost GDP by 2050. But strong, decisive action now could create a more prosperous, resilient economy, and a liveable future for generations to come.
From clean energy to low-carbon transport, sustainable agriculture to green manufacturing, the shift is already happening. Businesses are ready to lead. But we need deeper policy that helps us move faster and go further.
We’re calling for a 75% emissions cut by 2035. And we’re asking every business that shares our vision to step forward and sign the open letter.
The future won’t wait. So neither will we.
Learn more or join the campaign at businessfor75.com.au
See Ethical Investing for information about screening and investment processes, and what we mean by fossil fuel companies.