Australia’s ‘big four’ banks – ANZ, CommBank, NAB and Westpac – have all publicly championed the Paris Agreement. They have also committed to the global goal of net zero emissions by 2050, even though the current state of climate science means we should be aiming for...
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Hesta dumps thermal coal, commits to net-zero portfolio
26 June 2020 $52 billion health industry super fund Hesta today announced it will fully divest from companies deriving more than 15% of revenue from coal that is used for energy generation, known as thermal coal. The fund has also committed to "reducing the absolute...
IEA’s ‘sustainable recovery’ document undermines its leader’s climate ambition
19 June 2020 Yesterday the International Energy Agency (IEA), an autonomous policy adviser to the world's governments, released its 'sustainable recovery plan' in response to COVID-19. The plan focused on "quantify[ing] the economic and job-creation potential of...
Adelaide Brighton investors must demand Paris-aligned targets
19 May 2020 In response to questioning from shareholders at its annual general meeting today, Australian construction material company Adelaide Brighton suggested its weak emission reduction targets could be stepped up to align with the Paris climate goals over the...
GHD’s announcement doesn’t go far enough
On 16 December 2019, global engineering firm and Adani’s longest-serving contractor GHD updated a statement on its website revealing it has no ongoing contractual obligations on the climate-busting Carmichael coal mine project. This is a welcome and important first...
Do you pay more tax than the big fossil fuel companies?
For all the environmental and climate destruction wrought by the fossil fuel industry here in Australia and globally, you’d think there must be a significant payback through taxes, right? Well, sadly, there are ways for massive fossil fuel companies to minimise their...
Cue Energy’s empty words on climate change is not enough.
10 December 2019 Cue Energy, an Australian ASX-listed oil and gas company that operates in Australia, New Zealand and south-east Asia, had to fend off numerous climate-related questions at its annual general meeting yesterday in Melbourne.In its annual report, the...
Siemens, tut das Richtige und sagt nein zu Adani!
Aktivisten protestieren im Brisbane Siemens-Büro Adani hat gerade bekanntgegeben, dass Siemens den Kontrakt erhalten hat, die Signaltechnik für die Bahnstrecke an der Carmichael Kohlenmine zu liefern - das ist ein Projekt, dass das Galilee Kohlebecken zu Zwecken des...
Soul Patts shuts down AGM rather than answer questions on coal and climate change
6 December 2019 Washington H Soul Pattinson went to extraordinary lengths to avoid questions on coal and climate change at its annual general meeting today, pushing all questions to the end of the meeting before shutting the entire AGM down after just a few questions....
Siemens, do the right thing and walk away from Adani!
Activists protesting inside Siemens Brisbane office. Adani has announced that Siemens has been awarded a contract to deliver rail signaling systems for the rail line to its Carmichael mine - a coal project that would open up the Galilee thermal coal basin to mining...