Future Group

Future Super recently marked our 10th year of growth. It all started in 2014, when a group of climate activists realised the power of investment to deliver the climate progress that governments were failing to. Future Super now has more than 50,000 voices using their money to power the clean energy transition, with $2bn invested for a fossil fuel free future*. And we’re proving that you can build wealth through your super without compromising your values. But the planet is burning up, so we won’t stop until all of Australia’s super is taken out of fossil fuel companies. Our founder and CEO Simon Sheikh takes in the view of our first 10 years, and shares our vision as this movement gathers momentum: https://lnkd.in/g8zrw4Yc *50,000+ members and $2 billion+ Funds Under Management as at 6 Nov 2024.

🌍 Exciting News! 🌍 We're thrilled to announce the launch of RealZero Check, a first-of-its-kind tool developed in partnership with Future Group. This free, open-source, science-based tool is designed to help investors and financial institutions set credible net zero targets and measure their decarbonisation progress. RealZero Check uses ISF’s One Earth Climate Model to evaluate portfolio emissions against global carbon budgets, ensuring alignment with the Paris Agreement’s 1.5°C target. 🔍 Key Features: - Sector-by-sector carbon budget analysis - Transparent, science-backed benchmarks - Free and open-source access With 79% of Australians seeking climate-aligned net zero commitments from their financial providers, RealZero Check empowers investors to make informed, impactful decisions. More here: https://ow.ly/eTVI50Uax2z #Sustainability #ClimateAction #NetZero #ResponsibleInvesting

Incredibly excited to announce that today we at Future Group in partnership with University of Technology Sydney’s Institute for Sustainable Futures have launched an open source tool to allow any investment manager to see how their portfolio is tracking towards real #NetZero and to design a strategy to ensure their investments are Paris aligned. This tool has been 12 months in the making and we’ve made it open sourced because this is what the moment demands. We developed the Real Zero Check because we realised that there was nothing available that was based in science that could adequately help us track whether our investments were Paris Aligned, and we knew other investment managers would be having the same problem. While so many super funds and other funds have NetZero pledges we are sure that lots of execs are sitting around scratching their heads unsure of how to shift their portfolios. Now that science based tool is available. There’s over 3trillion invested in super. Shifting that money is hard. It’s time to get to work. A massive congratulations to Emily Flood, Navi Mangalvedhekar, Steven James for leading this work at Future Group with the support of our Carbon Advisory Board Fahmi Hosain and Jeremy Cooper and CEO Simon Sheikh - and all of our incredibly talented friends at UTS. And our friends at #OneEarrhiamteModel. Find link below 👇🏽 #NetZero #RealZero #superannuation #fundmanagement Michael Bones Richie Merzian Investor Group on Climate Change (IGCC)

*trigger warning, domestic violence, suicide.** I had the honour last week of appearing in front of the Senate Committee hearing into Financial Abuse and Financial Regulation. Despite lots of good work in the industry, every day in this country financial regulation is enabling abusers and harming victims. Yet, there is surprisingly little known or recorded about how superannuation intersects with financial abuse. When I first started working on Future Group's submission, I was told by some industry colleagues that it was only an issue for the banks, but after digging deeper, speaking to front line workers and piecing together lived experience, it quickly became apparent that superannuation is absolutely being weaponised by perpetrators. For the next week, I'll shine a spotlight every day on one of those intersections. Starting today, with the issue of domestic violence perpetrators receiving the death benefits of victims when they suicide (I cover the issue in the video clip). Did you know: 🤔 DV is linked to most suicides by women in Australia (hundreds every year). In most cases the abusers receive their partners super. 👩❤️👩 The incredible Julie Adams, OAM, GAICD in the memory of her beautiful daughter Molly, is advocating fearlessly for this issue. 📃 It's our belief at Future Group that relatively simple legislative changes could solve this problem. You can read more about Julie's story in the comments 👇 . A thank you to Future Group's board Connie Mckeage, Geraldine Chin Moody GAICD, Simon Sheikh, Peter Gold and Adam Milgrom for supporting this form of bold advocacy. And a shoutout to Zaneta Mascarenhas for initiating this inquiry and for the thoughtful question of her and her colleagues Louise Pratt and Senator Deborah O'Neill, this is complex regulation but their questioning is cutting through.