Equip Super has become the first super fund to join the Clean Energy Council.
Equip Super has joined the Clean Energy Council (CEC), a Melbourne-based not-for-profit that describes itself as "the peak body for the clean energy industry in Australia".
The super fund will join the CEC as a corporate member, alongside ANZ, NAB, Palisade Asset Management, Tesla Motors and, somewhat surprisingly, Adani Group subsidiary Adani Renewables.
According to Equip executive officer for strategic marketing and communications Geoff Brooks, the super fund's membership aligns with its heritage in the energy sector.
“As the preferred fund for many in the sector, we have to not only keep communications channels between Equip and our stakeholders transparent and frequent, but also engage at an industry level through organisations like the CEC to gain that vital helicopter view of employment patterns and trends,” Mr Brooks said.
The fund recognises the shifting employment dynamics in the energy sector and other related sectors, he said.
“There is no doubt the transition to more sustainable forms of power generation now has significant momentum and we are fully supportive of an orderly transition that takes into account impact on employment, communities and maintenance of power supply, as well as on climate and environment,” Mr Brooks added.
Challenger has downgraded its forecast for 1H19, now expecting its statutory net profit after tax to plummet by 97 per cent from the year be...
Saxo Bank has warned that Australia’s luck may be running out as China’s economic slowdown adds to a growing list of challenges for the ...
Finance job opportunities have experienced a double digit drop in the wake of the royal commission as employment demand and career opportuni...