Local Government Super remains AAA rated and Australia’s number one fund

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Published: Tuesday, 30 November -0001 10:04

In 2012 LGS was rated AAA and the leading fund internationally with its investment strategies in anticipation of a low carbon future pressure for the reduction of emissions and proper pricing mechanisms on both emissions and carbon assets like coal.

The 2013 Asset Owners Disclosure Project index has just been released in New York. In its second year internationally it includes a significant number of huge international pension and superannuation funds, some of which believe themselves to be at the forefront of low-carbon investing. Investment strategies are all about future risks, the science is in, everyone acknowledges that emissions have to be reduced and that companies need to be valued properly based on their emissions and how they price carbon assets like coal, for example, which may never, ever be dug up. 

The AODP ranked the world’s 1000 largest asset owners as part of The Climate Institute report. Here is how it was reported today in InvestorDaily.

LGS remains AAA rated and ranked number one in Australia but was pipped for the top-rated fund in the world by fund in the UK with a special focus on the environment.

Superannuation is full of pretenders and poseurs about what funds are doing on sustainable investment and the risks of carbon, but LGS has the evidence that it is number one in Australia.