Company directors deemed to be “moving too slowly” on climate change will face increased pressure from Australia’s largest retirement funds. The Australian Council of Superannuation Investors (ACSI), comprised of 37 superannuation companies, will recommend members vote against the re-election of directors deemed to have fallen short on addressing climate change. ACSI will be communicating with the boards of the ASX200, Australia’s 200 largest publicly listed companies. The move also comes following the release of the book, “The Dictatorship of Woke Capital: How Political Correctness Captured Big Business,” which details how social justice causes now permeate the corporate sector. Along with voting against directors, ACSI is also pushing for annual “Say on Climate” votes, giving members the chance to have a say on the progress of the company’s climate-change initiatives at Annual General Meetings (AGM). “Climate change risks are deeply embedded in the financial system and impact all sectors and asset classes,” …