26 July 2018 “Risk has always been at the heart of Macquarie”, said Nicholas Moore, managing director and chief executive officer at today’s annual general meeting in Sydney. As part of its risk framework, Macquarie Group will now begin producing a scenario analysis...
Fossil Fuels
Sundance Energy: still ignoring climate risks
04 June 2018 Sundance Energy Australia’s chairman was decidedly upbeat at the fracking firm’s annual general meeting (AGM) held last week in Adelaide on 31 May 2018. ‘This is exciting time for our shareholders,’ proclaimed Mike Hannell. “Strong economic growth and...
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...
Woodside say they have “no stranded assets”
19 April 2018 "We don’t believe that we have stranded assets," said Woodside chairman Michael Chaney when asked about the oil and gas company’s new Scarborough gas field at today’s AGM. Watch the response here: This directly contradicts the findings of UK think tank...
Another year, another $1m in political donations from fossil fuel companies
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Orica CEO on below 2 degree warming: “it doesn’t seem that the world is heading that way”
15 December 2017 The Annual General Meeting of Orica, one of the world’s largest providers of commercial explosives and blasting systems for mining, was held this morning in Melbourne. The ASX50 company, which is heavily reliant on the coal, oil and gas industries,...
Chinese banks rule out Carmichael coal mine!
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South32: More to do on climate risk disclosure
23 November 2017 At its annual general meeting in Perth today, mining company South32 came under pressure from shareholders about its reluctance to take more substantial action on climate change. Earlier this year, South32 became the first mining company in Australia,...
Seven Group Holdings assert they have no significant environmental liabilities
16 November 2017 This morning at Seven Group Holdings (SGH) annual general meeting in Sydney, Chairman Kerry Matthew Stokes reaffirmed that the company does not consider ‘climate risk’ as a material business risk. This is despite the company's massive exposure to the...
CommBank getting out of coal
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