For employees of Melbourne City Council and many other local governments, the default industry pension fund is Vision Super. There is no pension fund at city hall level. The city council further decided to consider fossil fuel exposure when making its next banking contract, using another powerful lever to influence city actors around the importance of fossil fuel divestment.
To deliver on this commitment, Melbourne will assess opportunities for the public and private sector to reduce climate risk in the municipality. Melbourne has a long-standing commitment to supporting local sustainable solutions. The purpose of this seed fund was to overcome the capital cost barriers for building owners and accelerate energy efficiency and renewable energy projects.
Over time, the fund provided millions to projects including the installation of solar panels and other environmental upgrade measures on farms, co-working spaces, estates, hotels and more. RMIT Online. Search field. RMIT investments go fossil free. Society and Environment 09 July The Russell Investments Sustainable Global Shares Fund ex Fossil Fuels This fund maintains a reduced carbon exposure, whilst also increasing exposure to renewable energy.
Other ESG exclusions include controversial weapons and tobacco companies. Story : Lin Stevenson and Karen Phelan. Sustainability Environment. Find an expert. Study with us. Research at RMIT. Related News. Urban planning for healthier lives. Sunsmart streets using recycled rubber last twice as long. The wonderful world of bees. Show more.
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