Westpac customers divest!

8 March 2014 At city branches in Melbourne and Sydney today, dozens of Westpac customers turned out to close their accounts in protest over Westpac’s multi-billion dollar support of the fossil fuel industry. Since 2008, Westpac has loaned close to $3 billion to the fossil fuel industry, including projects such … Read More

Want to win a sustainability award? Fund climate change.

24 January 2014 Last year it was ANZ being named “best in class” in the Dow Jones Sustainably Index’s banking sector. Then, overnight, Westpac claimed the title of the “world’s most sustainable firm” at the World Economic Forum in Davos. It’s hard to know where to look for answers to … Read More

ANZ’s AGM to remember

18 December 2013 Fossil fuels were top of the agenda at ANZ’s annual general meeting today, to the point where Chairman John Morschel shut down shareholders trying to raise concerns over environmental, reputation and economic risks resulting from ANZ’s investments in the dirty coal and gas industries. The scene had … Read More

ANZ customers divest around Australia!

14 December 2013 One hundred ANZ customers have closed their accounts in activities across Australia, protesting the bank’s role as the country’s leading lender to the fossil fuel industry. In Melbourne, Canberra, Adelaide, Perth, Sydney, Hobart and Brisbane, customers lined up outside the banks wearing t-shirts saying “ANZ chose fossil … Read More

Westpac called on to quit fossil fuels at its AGM

Melbourne, 13 December 2013 After two major new coal and gas projects were approved in the Great Barrier Reef World Heritage Area this week, activists have unfurled two giant banners at the Westpac annual general meeting, calling on the bank to end investments in the fossil fuel industry. The 7 … Read More

Earth to Westpac: DIVEST!

13 December 2013 This is how to deliver an important letter! Westpac shareholders and staff at their annual general meeting in Melbourne were met with two huge banners, carrying the names of over three thousand people who have signed our open letter, calling on the bank to end fossil fuel … Read More

Lucie’s Commonwealth divestment story

7 December 2013 Back in the autumn of 2013 I got interested in the idea of investment as a way to combat climate change and in August I decided to start my action with my bank: the Commonwealth Bank of Australia. I began by contacting CBA to outline my concerns … Read More

One hundred customers abandon Commonwealth Bank in fossil fuel protests

One hundred customers abandon Commonwealth Bank in fossil fuel protests 2 November 2013, Melbourne / Sydney / Brisbane / Perth, 2nd November 2013 Over one hundred Commonwealth Bank customers have publicly closed their accounts in protest of the bank’s role as a major lender to the fossil fuel industry. Activities … Read More

Commonwealth Bank customers across Australia divest!

2 November 2013 One hundred Commonwealth Bank customers turned out at branches across Australia on the 1st and 2nd of November to close their accounts in protest at the bank’s investments in the fossil fuel industry. Divestment actions at Brisbane, Byron Bay, Sydney, Canberra, Melbourne and Perth saw customers turn … Read More