FUNDS managers must put their money where their mouths are and shift investment towards reducing carbon emissions, according to superannuation guru Garry Weaven.
In a speech delivered on Monday night, Mr Weaven blasted ''a lethal core of entrenched vested interests in Australia and around the world'' for attempting to frustrate action against climate change.
Mr Weaven, who oversees $23.3 billion of superannuation investment as chairman of Industry Funds Management, said the science behind climate change was becoming more ''alarming''.
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