21 January 2023 It was ten years ago today that New Matilda published an article called “ANZ funds big coal boom”, describing ANZ’s recent coal deals and warning that the bank may well become involved in financing new coal mines and export projects in Australia. That...
Deutsche Bank’s involvement with Whitehaven Coal exposed in German media
23 October 2021 Share the ad on Deutsche Bank’s social media pages! On Friday morning, executives at Deutsche Bank awoke to a half-page advertisement on page 7 of Handelsblatt, a major newspaper popular in Germany’s financial world. The ad, coordinated by Market...
Deutsche Bank prepares to raise funds for Whitehaven
1 October 2021 Tell Deutsche Bank to back off! Financial news source Debtwire reported last week that Deutsche Bank is preparing to raise funds for Whitehaven Coal’s climate-wrecking coal business. Specifically, Debtwire reports that Deutsche Bank organised a...
China coal shift a body blow to Australian coal
22 September 2021 Overnight, Chinese President Xi Jinping announced to the United Nations General Assembly that China “will not build new coal-fired power projects abroad”. The statement follows similar announcements made earlier this year by Japan and South...
Woah big spender! New Hope splashes out promoting climate-wrecking coal
11 June 2021 Data released last month shows that coal company New Hope splurged over $650,000 on the 2020 Queensland election, ranking fourth on a ‘big spenders’ list headed by Clive Palmer’s Mineralogy Pty Ltd [1]. The bulk of the company’s expenditure was on...
Big banks snub local farmers concerned about Whitehaven Coal
12 April 2021 Whitehaven Coal is one of the biggest coal mining corporations on the Australian share market and some of the world’s biggest banks, including Westpac, Credit Suisse and Deutsche Bank, played a key role in lending $1 billion to the company in 2020. ...
Media release: Banks betray communities and climate in funding Jawa 9 and 10
17 July 2020 Reacting to the news that a club of banks, led by DBS and including Korea Export Import Bank, Korea Development Bank and Hana Bank, CIMB, Maybank of Malaysia, Bank of China, Bank Mandiri, Bank Negara Indonesia and Exim Bank of Indonesia have signed a 15...
The giant stirs. First State Super to divest thermal coal mining
9 July 2020 First State Super today released its new Climate Change Adaptation Plan, with the headlines being that Australia's second biggest superannuation fund would finally start to divest from thermal coal mining companies from October, and would set targets to...
Black Lives Matter
On 25 May 2020, African-American man George Floyd was killed by a white police officer who knelt on his neck for nearly nine minutes. The officer’s knee remained on Mr Floyd’s neck long after he had lost consciousness, long after his life had slipped away, and long...
Media release: Rio faces shareholder revolt over emissions targets
Friday 8 May, 2020: 37% of investors have backed a climate resolution calling on Rio Tinto to set clear targets to cut emissions, including those generated by the-use of its products, or “Scope 3” emissions. While lower than record numbers at Santos and Woodside, the...