20 September 2018 Today Suncorp demonstrated it has climate change firmly on its agenda and confirmed it continues to divest from fossil fuels. The company is one of Australia's largest insurance providers, a sector recognised as highly exposed to the physical risks...
Divestment
Artwork contributes to supporting Narrabri locals
In May this year, hundreds of people contributed to a crowdfunder to allow locals, including five farmers and a Gomeroi Traditional Owner, to attend the Santos annual general meeting to show the overwhelming community opposition to Santos’ coal seam gas project. One...
Caltex proves fossil fuels are incompatible with 2 degrees
Caltex CEO Julian Segal made a perfect case for ditching the company’s fossil fuel-reliant business model yesterday at the company’s Annual General Meeting when he said: “If we were to put a target to reduce emissions by 50%, that would mean closing the refinery at...
Big institutions back Rio Tinto resolution
2 May 2018 A resolution calling on Rio Tinto to publish the payments that it makes to groups lobbying on energy and climate policy, and to review whether such memberships are consistent with Rio’s stated support for emissions reductions, featured prominently at the...
Media release: Commbank confirms coal exit
Chairperson Catherine Livingstone will use today’s AGM to confirm Commonwealth Bank’s exit from investment in coal. In a statement submitted to the ASX and soon to be delivered at the AGM, Ms Livingstone says “our coal funding is comparatively small and has been...
Fortescue avoids tough questions on climate
9 November 2017 Yesterday Fortescue Metals Group failed to give a clear time frame for implementing the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD). As one of Australia's major energy users, Fortescue must demonstrate how it plans...
Public Health Association calls on Medibank to divest
3 November , 2017 The Public Health Association of Australia (PHAA) has made a strong statement in favour of fossil fuel divestment, calling on health insurer Medibank to divest its shares in coal, oil and gas companies. The peak Australian public health body, which...
Media release: Adani’s brand kryptonite: new poll reveals widespread support for Westpac decision to rule out funding
Friday 5 May, 2017: According to a national poll conducted by Essential Research, three times more Australians are in favour of Westpac ruling out funding for Adani’s controversial Carmichael mine proposal than those against. The poll, commissioned by environmental...
Westpac Carmichael announcement a boost for customers
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2017 AGM: Rio Tinto ignore community and climate concerns
4 May 2017 Rio Tinto has been taken to task over its slow response to investors' climate concerns. At the company's London annual general meeting last year, shareholders passed a resolution calling on the company to disclose their strategy for dealing with the risks...