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UniSuper Faces Greenwashing Claims Amid Fund Transparency Concerns

2/20/2026

Summary

Story summary

UniSuper, a major Australian superannuation fund managing $158 billion, faces greenwashing accusations.
It labeled its Global Environmental Opportunities option as sustainable while reducing environmental-themed revenue criteria from 40% to 20%.
This change allowed investments in Microsoft and Nvidia, which have rising greenhouse gas emissions.
Member John Dixon filed a formal complaint with the Australian Securities and Investments Commission.
Dixon calls for UniSuper to rename the fund and improve transparency.

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Story summary

UniSuper, a major Australian superannuation fund managing $158 billion, faces greenwashing accusations.
It labeled its Global Environmental Opportunities option as sustainable while reducing environmental-themed revenue criteria from 40% to 20%.
This change allowed investments in Microsoft and Nvidia, which have rising greenhouse gas emissions.
Member John Dixon filed a formal complaint with the Australian Securities and Investments Commission.
Dixon calls for UniSuper to rename the fund and improve transparency.