14.5% of shareholders tell Woodside to start winding down production

19 May 2022 Responding to the shareholder vote on the Market Forces-coordinated shareholder resolution at Woodside’s AGM in Perth today, Market Forces Asset Management Campaigner Will van de Pol said: “Today 49% of Woodside’s shareholders rejected the company’s utterly inadequate approach to climate change, the largest vote against any Say … Read More

Seems financial institutions can divest after all

1 April 2022 The flight of capital from the Russian economy since the invasion of Ukraine has torn many of the finance sector’s arguments against fossil fuel divestment to shreds. In this devastating case of the invasion of Ukraine, investor action has come far too late. For years, and especially … Read More

Woodside’s climate ‘plan’ full of hot air

Gas flaring at Woodside's Pluto LNG facility. Image credit CCWA

17 February 2022 Reacting to Woodside’s Climate Report released today, Market Forces Asset Management Campaigner Will van de Pol said, “Woodside’s three point ‘plan’ to address its gargantuan scope 3 emissions profile amounts to nothing more than more hot air.” “Investors must see through the greenwash and demand the company … Read More

Super funds undermining climate commitments

29 November 2021 Our super funds have had a number of critical opportunities to force companies they invest in to step up on climate action over the past couple of months. Yet our new analysis finds they’ve been squandering these opportunities by voting against climate action. With more crucial climate … Read More