Fossil fuel divestment is the process of selling off shares in fossil fuel companies - companies that mine, burn or extract fossil fuels. Future Super also includes companies that finance or service the fossil fuel industry, such as Australia’s big four banks.
The fossil fuel divestment movement is a social movement dedicated to removing the social licence of the fossil fuel industry by moving as much money out of fossil fuel companies as possible.
As well as individuals divesting their personal finances, many different organisations have also committed to divest. These include universities, churches, city councils, philanthropic organisations, insurance companies, and huge sovereign wealth funds.
Find out more about the fossil free movement here at Go Fossil Free.