Your super fund has the power to push the supermarkets to go deforestation-free.
Super funds are major investors in supermarkets like Woolworths—unless they take action, your retirement money could be investing in forest destruction.
Woolworths has quietly gutted its no deforestation commitment. It has no clear plan to address Australia's #1 driver of deforestation—beef—or the timber products it uses that are certified by PEFC, a scheme with a track record of greenlighting destructive logging operations.
The Wilderness Society, along with ethical share trading platform SIX have filed shareholder resolutions that call on Woolworths to act urgently to …
Your super fund has the power to push the supermarkets to go deforestation-free.
Super funds are major investors in supermarkets like Woolworths—unless they take action, your retirement money could be investing in forest destruction.
Woolworths has quietly gutted its no deforestation commitment. It has no clear plan to address Australia's #1 driver of deforestation—beef—or the timber products it uses that are certified by PEFC, a scheme with a track record of greenlighting destructive logging operations.
The Wilderness Society, along with ethical share trading platform SIX have filed shareholder resolutions that call on Woolworths to act urgently to protect forests—not just say hollow words.
Will you email your super fund now and ask them to vote for our shareholder resolutions at the upcoming Woolworths AGM?
This information is not investment or financial product advice. The Wilderness Society is providing factual information only and does not make any recommendations regarding any investment, including any investment in Woolworths shares. All decisions made by shareholders are at their own risk. Consumers should make their own assessment, and consider obtaining independent advice, before making any financial or investment decisions.
Image: Paul Hilton