28 October 2021 Over the last year, diversified miner South32 has set a target to halve its operational (scope 1 and 2) emissions by 2035 and reach net zero by 2050. However, as a significant metallurgical coal producer, the scope 3 emissions (mostly those generated...
Narrabri gas plans undermine APA’s net zero claims
21 October 2021 Australia's biggest gas pipeline company, APA, has recently adopted an ambition to reach net zero operational emissions by 2050. It also regularly refers to driving the energy transition to support the Paris climate goals, and a net zero by 2050...
Rio Tinto improves emissions targets, but still lacks measurable scope 3 commitment
20 October 2021 Rio Tinto this afternoon announced improved climate commitments, including: Targets to reduce scope 1 & 2 emissions by 50% by 2030, and 15% by 2025 (from 2018 baseline of 32.6 Mt CO2 equivalent)~$7.5 billion in capital expenditure to decarbonise...
Origin Energy faces shareholder backlash over climate, fracking and Traditional Owner concerns
20 October 2021 Strong opposition to Origin's plans to open up the giant Beetaloo gas basin in the Northern Territory to fracking was voiced by Traditional Owners at the company's AGM today, while votes on shareholder proposals delivered significant investor rebukes...
Tell GIP: don’t enable Woodside’s climate-wrecking Scarborough gas project
18 October 2021 After thousands of community members took action, infrastructure investor Brookfield has reportedly decided not to partner with Woodside on its climate-wrecking Scarborough-Pluto gas project. This is great news, and a reward for the efforts of...
Australian record: 55% of AGL shareholders demand emission reductions
22 September 2021 55% of shareholders in Australia's biggest climate polluter, AGL, today demanded the company set targets to reduce its gargantuan emissions in line with the climate goals of the Paris Agreement. This is the highest ever vote in favour of a...
Tell Brookfield: don’t enable Woodside’s climate-wrecking Scarborough gas project
Despite the science telling us there is no room for new fossil fuel projects if we’re to meet the Paris climate goals, Woodside Petroleum is trying to build a destructive gas project on the West Australian coast, which would include a massive new offshore gas field...
BHP lets Woodside go all in on climate destruction
18 August 2021 Woodside yesterday announced its plan to acquire BHP's global portfolio of oil and gas assets, which would roughly double the company's fossil fuel production capacity. In payment, Woodside will issue new shares amounting to 48% of the combined...
‘Deepwater BHP’ faces shareholder resolution to manage down its fossil fuel operations
Wednesday 11 August, 2021: Environmental finance group Market Forces has lodged a resolution with BHP on behalf of more than 100 shareholders, calling on the company to manage down its fossil fuel production in line with its stated support for net-zero emissions and...
99% of Rio Tinto shareholders vote for Paris-aligned emission targets
6 May 2021 99% of Rio Tinto's investors today voted in favour of a Market Forces-coordinated resolution calling for Paris-aligned emission reduction targets, on the back of a supporting statement which tears the company’s current targets to shreds. The vote came after...