---
title: Super fund gives AGL, Woodside last chance on climate
description: HESTA has warned AGL, Origin, Santos and Woodside that it could dump their stocks unless the companies align their business plans with the Paris Agreement.
---
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The Canopy is a weekday morning email newsletter provided by the team at Greenpeace Australia Pacific.
# Super fund gives AGL, Woodside last chance on climate
Tuesday, 6 September 2022
One of Australia’s biggest super funds has warned electricity producers AGL and Origin and gas companies Santos and Woodside that it could dump their stocks unless the companies take serious steps to align their business plans with limiting global heating to 1.5 degrees Celcius.
Prime Minister Anthony Albanese has assured mining company executives that he backs the continued export of energy and minerals as well as a shift to renewable power, as he clinches a deal in the Senate to cut carbon emissions by 43 per cent.
And a stoush between the commonwealth and states over electric vehicle taxes has moved closer to a high court hearing in a process carrying wide-ranging implications for revenue raising, lawyers say.
[HESTA gives AGL, Santos last chance on climate](https://app.meltwater.com/mwTransition/?url=https%3A%2F%2Fwww.afr.com%2Fcompanies%2Fenergy%2Fhesta-gives-agl-santos-last-chance-on-climate-20220905-p5bfe4&uId=5a778e7a00aa2026a265262c&cId=5a71496272d9dc241933e61d&contextId=631655a6b8af3d5c38aa6517&dId=mwHZ0PgFyqejlEXSan5yGelI4y0&op=open&sentiment=N&isHosted=false&id=3628643&name=Coal%20(Print%20and%20Online)&type=search&s=mail-digest)
HESTA has advised AGL Energy, Origin, Santos and Woodside it may sell out of their stocks unless they get serious about limiting global warming to 1.5 degrees, as the industry super fund sharpens its own ambitions for emissions reduction across a $68 billion portfolio.
[Albanese reassures mining and energy bosses while Labor does climate deal in Senate](https://app.meltwater.com/mwTransition/?url=https%3A%2F%2Ftransition.meltwater.com%2Fpaywall%2Fredirect%2FWFXdSxv2MErjt7BBeKXDxMKhAoM%3Fcid%3D78735f44-9575-43dd-92e0-17087bb44ae2%26productType%3Ddigest&uId=5a778e7a00aa2026a265262c&cId=5a71496272d9dc241933e61d&contextId=631655a6b8af3d5c38aa6517&dId=WFXdSxv2MErjt7BBeKXDxMKhAoM&op=open&sentiment=P&isHosted=false&id=18347420&name=Federal%20Election%202022&type=search&s=mail-digest)
Prime Minister Anthony Albanese has assured mining company executives that he backs the continued export of energy and minerals as well as a shift to renewable power, as he clinches a deal in the Senate to cut carbon emissions by 43 per cent.
[Stoush over electric vehicle tax nears Australian high court hearing](https://www.theguardian.com/environment/2022/sep/05/stoush-over-electric-vehicle-tax-nears-australian-high-court-hearing)
A stoush between the commonwealth and states over electric vehicle taxes has moved closer to a high court hearing in a process carrying wide-ranging implications for revenue raising, lawyers say.
[Cuban scientists race to save critically endangered crocodile, of which only a few thousand remain](https://www.abc.net.au/news/2022-09-06/cuban-crocodiles-critically-endangered/101408352)
Cuban crocodiles, an endemic species found only here and in a swamp on Cuba's Isle of Youth, are critically endangered and have the smallest natural habitat left of any living crocodile species, scientists say.
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