Finance
Australia’s No. 2 Pension Fund Divests From Thermal Coal
- First State Super to cut carbon emissions by 45% by end-decade
- Anglo American, Whitehaven Coal have been sold to meet plan
Photographer: Nelson Ching/Bloomberg
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Australia’s second-largest pension fund aims to almost halve carbon emissions across its investments within a decade as it joins global peers in mitigating the risks of climate change.