15 November 2017 Today shareholders asked Senex about whether it has plans to transition to lower carbon emitting activities in line with the two degree Paris climate commitments. In short, the answer was no. Senex Energy is an Australian energy company listed on the...
Fossil Fuels
Big banks still nearly $30 billion exposed to coal, oil and gas extraction
All four of Australia's major retail banks have now reported their 2017 full year results and it is clear they are still heavily invested in fossil fuels. Collectively, ANZ, Commonwealth Bank, NAB and Westpac are exposed to coal mining and oil & gas extraction to...
Investors support stronger climate risk disclosure at Origin Energy AGM
18 October 2017 A shareholder resolution coordinated by Market Forces, calling for improvements to Origin Energy’s climate risk disclosure received significant support from institutional investors, garnering 13.77% of shareholder votes, despite the board’s opposition....
Media release: Origin Energy faces three shareholder resolutions
23 August 2017 Coordinated by environmental finance group Market Forces, shareholders in Origin Energy have filed a series of resolutions with the oil and gas major. View ASX announcement. The three resolutions, to be heard at Origin’s October AGM, call for greater...
Media release: Commbank to face new shareholder resolution after climate policy fail
Environmental finance group Market Forces will lodge a new shareholder resolution against Commonwealth Bank after its climate change position statement released today fell well short of its publicly-made 2 degree commitments. “Commonwealth Bank is not even pretending...
Media Release: Coal funding dries up but $17bn funneled to fossil fuels by ‘Big Four’ banks since Paris Agreement
 Monday 24 July, 2017: New analysis from environmental finance group Market Forces today reveals Australia’s Big Four banks have lent $17 billion dollars to expand the fossil fuel industry since declaring their commitment to the Paris Climate Agreement of keeping the...
Dr. Anne Poelina and Micklo Corpus defend country at Buru’s AGM
Outside the Buru Energy Annual General Meeting (AGM) 20-30 people gathered in support of Traditional Custodians  Micklo Corpus Yawuru and Dr Anne Poelina, a Nyikina Warrwa woman from the West Kimberley region of Western Australia. Noongar Elder Uncle Ben Taylor,...
Shareholder win! Oil Search commits to climate risk disclosure
19 May 2017 After months of pressure from shareholders, Oil Search confirmed at their AGM today that the company would commit to conduct and release an analysis of how it performs in a scenario where global warming is contained to 2 degrees and 1.5 degrees. The...
Media release: Santos admit to ‘four degree’ climate policy, backed by institutional investors
Adelaide, 4 May 2017 In a remarkable admission at the AGM of Australian oil and gas firm Santos today, Chairman Peter Coates revealed its business model is based on a ‘four degree’ climate pathway, completely at odds with international efforts to meet the Paris...
Santos shows contempt for investors, climate change, at its AGM
Adelaide, Thursday, 4 May 2017 A resolution that would have directed Santos to disclose the risks climate change poses to its business has been defeated at today's annual general meeting of the company, which reiterated its intent to explore for more unconventional...