Most of the super industry is now actively assessing in some way what their response to climate change risk should be. The focus on climate risks by funds has escalated in the last couple of years driven by an increase in members contacting them on issues such as climate risk, greater clarity on legal obligations and APRA asking trustees about their approach to climate risk during supervisory visits. Superfunds as large scale, long-term investors who hold diversified portfolios are in an ideal position to ensure that corporates don’t have financial losses from mismanagement of risks to their business, especially under-considered...