Media Release: Westpac’s coal exclusion means no funding to Adani coal mine

Brisbane, 28 April 2017 Environmental finance campaigning organisation Market Forces has welcomed the climate change policy update released by Westpac today, which makes the bank the latest to rule out funding Adani’s Carmichael coal mine. The policy tightens the criteria for Westpac’s funding of new thermal coal mines, meaning the bank will … Read More

Will your super fund vote for or against climate action?

Oil Search and Santos are two of Australia’s largest oil and gas companies – and neither is addressing the risks of climate change. Oil Search is one of the biggest companies operating in Papua New Guinea, a country already feeling the effects of climate change. Sea level rise has forced residents … Read More

Join our Melbourne campaign team, 26 April

The momentum is building on the Westpac and #StopAdani campaigns and you can be a part of it! Join our Melbourne volunteer team at our upcoming meeting, meet like-minded people and find out how you can help turn off the flow of money to dirty coal, oil and gas projects. … Read More

Media Release: Santos rejects climate shareholder resolution

Santos rejects climate shareholder resolution Tuesday 4 April, 2017: Environmental finance organisation Market Forces has expressed disappointment that Santos’ management has advised shareholders to reject a resolution calling on the company to acknowledge and assess the risks posed to its business by climate change. The resolution would bring Santos in … Read More

Media Release: Palaszczuk’s broken promise on QIC Adani trainwreck

Palaszczuk’s broken promise on QIC Adani trainwreck Friday 31 March, 2017: Support to Adani’s rail infrastructure from QIC is in clear breach of Queensland Premier Annastacia Palaszczuk’s election promise not to use public money to prop up the controversial coal project, according to environmental finance group, Market Forces. “QIC, wholly owned by … Read More

Exposing Westpac with new honest advertising

Westpac puts a lot of effort into building their brand, which includes talking up their sustainability credentials in their advertising. But in reality Westpac has lent billions to dirty fossil fuel projects, and is the only major Australian bank that hasn’t distanced itself from the controversial Adani Carmichael coal mine. … Read More

Aurizon wants to unlock Galilee coal – Take action!

Aurizon has applied for a $1.25 billion loan from the Northern Australia Infrastructure Fund (NAIF) to construct the railway link needed to open Queensland’s Galilee Basin to coal mining. And guess what? Your super fund is most likely invested in this company! Click here to take action – ask your super … Read More

Santos shareholders lodge climate risk resolution

6 March 2017 Market Forces and over 100 individual shareholders have filed a resolution with the oil and gas major, Santos, demanding the company acknowledge and assess the risks posed to its business by climate change. The resolution is the first attempt to enforce the Financial Stability Board’s Task Force on … Read More