Funds
MLC MySuper - Growth (under 55)
Analysis
Issues of Concern
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 72.65%.
Animal Cruelty
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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.
Environmental Damage
Where companies, through their products or operations, are involved in environmental degradation e.g., pollution, chemical spills.
GMOs
Where companies are involved in the development or release of GMO plants and seeds.
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.
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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.
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.
Human Rights Violations
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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.
Environmental Harm
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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.
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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.
Environmental Damage
Where companies, through their products or operations, are involved in environmental degradation e.g., pollution, chemical spills.
GMOs
Where companies are involved in the development or release of GMO plants and seeds.
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.
Weapons
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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.
Social Harm
Fossil Fuels
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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.
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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.
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
- Spread the word - make sure your families and friends are aware that this analysis is available
- Get in touch with us - this is a pilot in Australia and we would really welcome feedback and offers of help to increase our impact as we look at options for how to move forward
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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.