While ANZ, NAB and Westpac gear up to loan hundreds of millions more to one of Australia’s most notorious climate wreckers Australia’s largest bank, the Commonwealth Bank of Australia, made a huge announcement this morning, declaring it has made the decision to...
Blog
International banks no longer involved with Santos’ Barossa gas project
News just broke that BNP Paribas and The Export-Import Bank of Korea, two major international banks, are no longer involved in the financing of Santos’ Barossa gas project. Tell Australian, Japanese, and other international banks to cut ties with Santos. It was...
Adaro’s climate destruction journey
A recap of the mounting pressures and reputational risks linked with Adaro’s controversial coal activities In 2023, Adaro published a “decarbonization journey” that supposedly would carry the company towards a green transformation. Although it has recently...
ANZ rules out Papua LNG, leaves the door open to fund climate wrecking companies
This week ANZ announced that it would no longer provide direct financing to new or expanded oil and gas fields, new liquefied natural gas (LNG) export plants, and won’t bank any oil and gas company not already on their books. The announcement means that all big four...
Woodside suffers world record-breaking vote against climate plan, embarrassingly large vote against Chair
Shareholders have today expressed their contempt for Woodside’s repeated failure to heed their concerns by fiercely rejecting the company’s climate strategy. Beating its own world record vote against a climate plan in 2022, a staggering 58% of Woodside’s shareholders...
Meet the new bank of choice for Australian coal miners – Jefferies Group
28 March 2024 Today is the annual general meeting of Jefferies Group, one of Whitehaven Coal’s most recent bankers. In the last few years, Jefferies has come up as a new bank of choice for other Australian coal companies in Australia. We first took note of the...
Big coalition of civil society organisations put AustralianSuper on notice
Today, AustralianSuper received a strong message from a big coalition of climate, environment and other civil society organisations, urging the fund to live up to its climate commitments and push for an end to Woodside’s reckless oil and gas expansion plans. The...
HESTA puts the heat on Woodside by seeking board renewal
HESTA has announced today that it is pushing for its own director nominees to be considered for election at Woodside’s upcoming annual general meeting (AGM). This is an important climate-related escalation from HESTA and a tribute to the countless members who have...
TotalEnergies（トタルエナジーズ ）の主要銀行がパプアLNGへの資金提供拒否
ヨーロッパ第3位の銀行である Crédit Agricole（クレディ・アグリコル）は、先週 TotalEnergies（トタルエナジーズ ）に対して大きな打撃を与え、トタルエナジーズが提案しているパプア液化天然ガスプロジェクト（パプア LNG）への資金提供をしないと宣言しました。...
TotalEnergies’ bankers deliver major blow to Papua LNG carbon bomb
Crédit Agricole, Europe’s third largest bank, has delivered a major blow to TotalEnergies this week, declaring it will not finance Total’s proposed Papua Liquefied Natural Gas project (Papua LNG). Despite being the financial advisor to the project, and one of...