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Vision Super further de-carbonises portfolio
Vision Super has replaced three carbon intense companies from its portfolio with three low carbon investments.
The industry fund said this was part of their initiative to de-carbonise its investment portfolio and the move would achieve a reduction of 75 per cent of the carbon foot print benchmark.
The fund's chief executive, Stephen Rowe, said: "This is a major step in further de-carbonising Vision Super's portfolio".
"Environmental and social governance [ESG] is a core focus of Vision Super and we have once again demonstrated out commitment to low carbon investing.
Vision Super said the replacement would occur without modifying the credit risk.
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