MEDIA RELEASE Thursday 26 September: More than 1,000 UniSuper members, including leading climate scientists and academics have signed an open letter to the Board of Directors calling on the fund to immediately oppose APA Group’s plans to develop pipelines that would...
Manny Perez
Woodside seeking further debt finance to continue with its climate-wrecking gas expansion plans
Australian oil and gas company Woodside is looking to issue an “unsecured 10-year and/or 30-year bond offering,” according to LSEG, which would provide the company with a new source of finance for its gas expansion plans. While the value of the bond issuance has not...
Shareholders file first ever climate resolution on Australian gas pipeline company
MEDIA RELEASE Wednesday 21 August: Market Forces has filed a resolution on behalf of 128 APA Group shareholders calling on the company to disclose how it is managing the emissions from new gas infrastructure, including planned Beetaloo basin pipelines, in line with...
Top super fund re-invests in coal expansion
MEDIA RELEASE Tuesday 25 June: New Market Forces analysis reveals a top 30 super fund has walked back its fossil fuel exclusion policy, re-exposing its members’ retirement savings to one of Australia’s biggest thermal coal miners, Whitehaven. The new research finds...
Super funds invest $39 billion in fossil fuel growth
MEDIA RELEASE Tuesday 28 May: A new Market Forces report reveals Australia’s top 30 super funds have more than $39 billion invested in companies globally with the biggest fossil fuel expansion plans. Investments in this group of 190 companies - dubbed The Climate...
Southeast asian banks must dump Indonesian coal
Profusion of standards has allowed companies to obscure potential financial impact
New Analysis: Investors failing to drive climate governance through director votes
MEDIA RELEASE Tuesday 9 April: New analysis* finds board directors of coal, oil and gas companies pushing ahead with new projects continue to be elected with an average of more than 95 per cent of shareholder support, contradicting claims investors are driving...
Market Forces statement of support following Voice Referendum
Following the week of silence by First Nations organisations and leaders, we recognise the concerns regarding what has been called an ‘unbelievable and appalling’ result in the referendum, denying Aboriginal and Torres Strait Islander Peoples recognition in the...
Big four banks pour $7.6 billion into fossil fuel expansion
MEDIA RELEASE Tuesday 30 May: A new report by Market Forces reveals Australia’s big four banks have used smoke and mirrors to continue pouring billions of dollars into fossil fuel expansion. The report - Banking Climate Failure - finds ANZ, Commonwealth Bank of...
Super funds invest $34 billion in fossil fuel expansion
MEDIA RELEASE Sunday 7 May, 2023: A new report by Market Forces reveals Australia’s 30 biggest super funds increased their investment exposure to Australian and international companies most responsible for expanding fossil fuels in 2022 to a total of more than AU$34...