Funds

Cbus MySuper - Growth

Analysis

Issues of Concern

1.03% Animal Cruelty
2.17% Human Rights Violations
1.99% Environmental Harm
0.73% Weapons
1.13% Social Harm
4.11% Fossil Fuels

Detailed Breakdown

Companies of Concern

Disclosure Level

Portfolio disclosure rules only require fund providers to disclose internally managed investments and listed companies. We have been unable to analyse externally managed investments and unlisted investments. The companies shown on this page are from the portion of the fund that has been publicly disclosed. For this fund, the disclosed portion of the total fund is 59.41%.

Animal Cruelty

Hermès International Sca 0.19%

Animal Welfare Issues

Where companies, through their products or operations, cause harm to animals e.g., animal entertainment (such as marine parks and rodeos), livestock exports, whale meat etc.

Fur & Speciality Leather

Where companies are involved in the production or retail of fur & speciality leather products (where animals are raised purely for skins).
L'Oréal SA

L'Oréal SA Animal Testing

L'Oréal is a personal care company and cosmetics company concentrating on hair colour, skin care, sun protection, make-up, perfume, and hair care. The company states that its products are sold in countries where animal testing of cosmetic products is required by law.

0.15%

Animal Testing

Where companies are involved in testing products on animals for cosmetic, personal care, household product, chemical and other uses. We do not include companies which conduct animal testing for pharmaceutical products, medical devices, biotechnology, human food, or pet food.
The Sherwin-Williams Co. 0.12%

Animal Testing

Where companies are involved in testing products on animals for cosmetic, personal care, household product, chemical and other uses. We do not include companies which conduct animal testing for pharmaceutical products, medical devices, biotechnology, human food, or pet food.

Show 16 more companies

Human Rights Violations

Meta Platforms, Inc.

Meta Platforms, Inc. Public Safety

The world’s largest social network (Facebook, Instagram, Messenger, WhatsApp). Company has faced claims and legal actions due to mental health harm (notably to young people), breaches of user privacy / data rights, and the spread of misinformation. Inadequate moderating in non-English speaking countries (e.g. Myanmar) allowed the platform to be used to incite ethnic violence. Removal of content moderation from strt of 2025 increases risk of social and political harm.

0.57%

Public Safety

Where companies are involved in significant harm to individuals or communities, through the unsafe nature of their products or delivery of services and inadequate response to evidence of harm.
Rio Tinto

Rio Tinto Fossil Fuel Power GenerationHuman Rights Abuses

A global diversified miner, predominantly in iron ore but also copper, aluminium, diamonds, gold, and industrial minerals. In 2020, Rio Tinto destroyed Aboriginal 46,000-year-old sacred sites at an iron mine in Western Australia, leaving a considerable and irrepairable impact on the traditional owners. Also a pattern of harmful community-related incidents in West Papua, South Africa, Canada, the US and Serbia. The company also derives revenue from coal power plants through multiple associates and subsidiaries.

0.27%

Fossil Fuel Power Generation

Where companies source their power generation from fossil fuels (oil, natural gas, coal) to generate electricity.

Human Rights Abuses

Where the actions of companies have violated global standards on human rights and freedoms including customary rights of indigenous people.
Thermo Fisher Scientific

Thermo Fisher Scientific Human Rights Abuses

Thermo Fisher Scientific sells scientific instruments and laboratory equipment, diagnostics consumables, and life science reagents. Thermo Fisher DNA testing kits have been linked to surveillance and discriminatory purposes by the legal authorities in Xinjiang (a region of China) for monitoring and tracking the Muslim Uyghur ethnic group and other minorities. Evidence that DNA sequencing products continue to be distributed in China, despite the company announcing it would halt sales to the region.

0.14%

Human Rights Abuses

Where the actions of companies have violated global standards on human rights and freedoms including customary rights of indigenous people.

Show 20 more companies

Environmental Harm

BHP

BHP Environmental DamageFossil Fuel Production

One of the world's largest mining companies, headquartered in Australia with operations globally. In 2015 Samarco (a BHP joint venture with Vale SA) caused the Mariana dam disaster releasing huge quantities of heavy metal waste into the Doce River basin. This is the largest pollution incident ever recorded and devastated communities and the ecosystem. BHP also mines thermal coal. While it sold some coal mines, it will continue to operate the Mt Arthur mine in New South Wales until 2030.

1.44%
!!
This company is expanding their fossil fuel production and is off track with the UN target to limit global temperature rise to 1.5°C

Fossil Fuel Expander

This company is expanding their fossil fuel production and is off track with the UN target to limit global temperature rise to 1.5°C

ocean
This company is harming the ocean

Ocean Harm

This company is harming the ocean

Environmental Damage

Where companies, through their products or operations, are involved in environmental degradation e.g., pollution, chemical spills.

Fossil Fuel Production

Where companies are involved in the production of fossil fuels (oil, natural gas, coal, shale oil) including exploration, production (including core services), storage, transport (except by rail) and refining.
The Coca-Cola Company

The Coca-Cola Company Environmental Damage

Collectively the Coca-Cola related entities produce the most plastic rubbish in our oceans at 3 million tons of plastic packaging annually, which has devastating impacts on our oceans, wreaking havoc on wildlife and sending plastic particles into the food chain. Coca-Cola has also been subject to several lawsuits relating to marketing claims about the sustainability of its products.

0.15%
ocean
This company is harming the ocean

Ocean Harm

This company is harming the ocean

Environmental Damage

Where companies, through their products or operations, are involved in environmental degradation e.g., pollution, chemical spills.
PepsiCo

PepsiCo Environmental Damage

The world’s second largest source of plastic garbage in the world’s oceans, which has devastating impacts on our oceans, wreaking havoc on wildlife and sending plastic particles into the food chain. Alongside other large companies who use plastics, PepsiCo appeared to lobby against some improvements propopsed by the Global Plastics Treaty.

0.07%
ocean
This company is harming the ocean

Ocean Harm

This company is harming the ocean

Environmental Damage

Where companies, through their products or operations, are involved in environmental degradation e.g., pollution, chemical spills.

Show 15 more companies

Weapons

Safran SA 0.26%

Controversial Weapons

Where companies are involved in the manufacturing or retail of controversial weapons (e.g., landmines and cluster munitions) or components or services thereof.

Firearms

Where companies are involved in the manufacturing or retail of firearms, including guns, rifles, pistols, or components or services thereof.

Military Weapons

Where companies derive revenue from the manufacturing of weapons or weapon components and services to the defence industry. We do not include non-weapons-related military support.

Nuclear Weapons

Where companies are involved in the manufacturing or sale of nuclear weapons or components or services thereof.
Amphenol Corp. 0.24%
OPT
Complicit in severe breaches of civilian Human Rights in Occupied Palestinian Territories

Occupied Palestinian Territories

Complicit in severe breaches of civilian Human Rights in Occupied Palestinian Territories

Military Weapons

Where companies derive revenue from the manufacturing of weapons or weapon components and services to the defence industry. We do not include non-weapons-related military support.
Walmart, Inc.

Walmart, Inc. Firearms

The USA’s largest retailer by sales, selling a variety of general merchandise and grocery items. Walmart retails shotguns, pistols and ammunition at some of its stores in the USA, as well as components for firearms such as scopes (less than 1% given scale of other lines). Walmart operates stricter controls on firearms than required by US federal law.

0.07%

Firearms

Where companies are involved in the manufacturing or retail of firearms, including guns, rifles, pistols, or components or services thereof.

Show 9 more companies

Fossil Fuels

BHP

BHP Environmental DamageFossil Fuel Production

One of the world's largest mining companies, headquartered in Australia with operations globally. In 2015 Samarco (a BHP joint venture with Vale SA) caused the Mariana dam disaster releasing huge quantities of heavy metal waste into the Doce River basin. This is the largest pollution incident ever recorded and devastated communities and the ecosystem. BHP also mines thermal coal. While it sold some coal mines, it will continue to operate the Mt Arthur mine in New South Wales until 2030.

1.44%
!!
This company is expanding their fossil fuel production and is off track with the UN target to limit global temperature rise to 1.5°C

Fossil Fuel Expander

This company is expanding their fossil fuel production and is off track with the UN target to limit global temperature rise to 1.5°C

ocean
This company is harming the ocean

Ocean Harm

This company is harming the ocean

Environmental Damage

Where companies, through their products or operations, are involved in environmental degradation e.g., pollution, chemical spills.

Fossil Fuel Production

Where companies are involved in the production of fossil fuels (oil, natural gas, coal, shale oil) including exploration, production (including core services), storage, transport (except by rail) and refining.
Santos Ltd.

Santos Ltd. Fossil Fuel Production

An Australian oil and gas company with significant operations in natural gas and oil production and exploration. The company has plans for major short term expansion of exploration in Australia, Papua New Guinea, and Alaska. The company’s planned short-term expansion overshoots the IEA Net-Zero Emissions Scenario by 59%.

0.33%
!!
This company is expanding their fossil fuel production and is off track with the UN target to limit global temperature rise to 1.5°C

Fossil Fuel Expander

This company is expanding their fossil fuel production and is off track with the UN target to limit global temperature rise to 1.5°C

ocean
This company is harming the ocean

Ocean Harm

This company is harming the ocean

Fossil Fuel Production

Where companies are involved in the production of fossil fuels (oil, natural gas, coal, shale oil) including exploration, production (including core services), storage, transport (except by rail) and refining.
Woodside Energy Group Ltd.

Woodside Energy Group Ltd. Fossil Fuel Production

Australia’s largest oil and gas company with the largest LNG production in the southern hemisphere. The company seeks to massively expand gas production in NW Australia, which will produce huge levels of carbon dioxide emissions over the next 50 years. Ecologists are also very concerned about the impact Woodside’s offshore expansion plans on important coral reef habitats.

0.29%
!!
This company is expanding their fossil fuel production and is off track with the UN target to limit global temperature rise to 1.5°C

Fossil Fuel Expander

This company is expanding their fossil fuel production and is off track with the UN target to limit global temperature rise to 1.5°C

ocean
This company is harming the ocean

Ocean Harm

This company is harming the ocean

Fossil Fuel Production

Where companies are involved in the production of fossil fuels (oil, natural gas, coal, shale oil) including exploration, production (including core services), storage, transport (except by rail) and refining.

Show 56 more companies

A recent survey shows us 84% of Australians expect their super funds to be invested ethically and responsibly. If you’re not happy with what your fund is investing in, here are some actions you can take:

Contact your provider - super funds have a duty to ensure they are managing members’ retirement savings in their best interests. Your super fund wants you to continue investing with them, so you should let them know if you feel your money is being invested in companies you don’t support
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This data is compiled by Mindful Investing from the fund information and portfolios that each fund has disclosed on their website for 30th June 2025.

The list of companies of concern has been drawn from ratings agencies and public sources, including the Norwegian Sovereign Fund, NZ Super Fund, Sustainalytics and research organisations.

Please note that a company may breach more than one of these areas of concern, but the total for each fund counts each company only once.

The listing of companies of concern is based on definitions used in Mindful Investing's methodology. These definitions may be different from the exclusions policy and definitions applied by the fund provider.

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Funds

Cbus MySuper - Growth

Analysis

Issues of Concern

Detailed Breakdown

Companies of Concern

Disclosure Level

Animal Cruelty

Human Rights Violations

Environmental Harm

Weapons

Fossil Fuels

Disclosures

Investing Risk

Who we are

Privacy

Funds

Cbus MySuper - Growth

Analysis

Issues of Concern

Detailed Breakdown

Companies of Concern

Disclosure Level

Animal Cruelty

Human Rights Violations

Environmental Harm

Weapons

Social Harm

Fossil Fuels