Hundreds of Victorian doctors and medical staff are pressuring their super funds to quit investing in coal and oil for the sake of health, as they did with tobacco five years ago.
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| Hundreds of medical staff in Victoria are pressuring their super funds to divest from corporations that are based on fossil fuels. |
The group, which includes some of Australia's leading health experts, says there is overwhelming evidence that climate change is already making people sick and causing thousands of deaths.
They want the two largest health super funds, HESTA and First State, to divest from fossil fuel-based companies, arguing the nest eggs of the medical profession should not be built on industries that make people sick.
Combined, the two default health super funds have about $1.72 billion invested in these heavily fossil fuel-based companies, according to Market Forces, an environmental investment advisory group.
Read Adam Carey’s story in today’s Melbourne Age - “Doctors call on health super funds to pull $1.7 billion out of coal and oil companies.”
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