Activists this morning gave QBE’s headquarters a colourful new rebranding, illustrating how the insurance company was making climate change possible through its underwriting of major fossil fuel projects.
AustralianSuper makes a start on fossil fuel divestment
This article first appeared on RenewEconomy, 15 April 2016 Australia’s largest superannuation fund - AustralianSuper - has announced that, from next month, it will offer its members an option that will restrict investments in companies with fossil fuel reserves. The...
A shocking reminder of the health impacts of coal
11 March 2016 It's a shocking story that's slowly emerging. Up to 1,000 current and former Queensland coal mine workers could be affected by pneumoconiosis, or black lung disease, and it's possible that authorities and coal mining companies have tried to cover up the...
Biggest lenders to fossil fuels in 2015 revealed
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VicSuper: Protect ALL Members From Climate Change Risks
22 February 2016 We have heard from some of their members that VicSuper are currently considering how they treat the issue of climate change, and the myriad of financial and moral issues wrapped up in it. After seeing a host of other funds mistakenly “tackle” this...
Super funds lose $5.6 billion on dirty fossil fuels
9 February 2016 Having analysed the returns of fifteen of Australia's largest superannuation fund options over the past two years, Market Forces estimate that those options have collectively lost over $5.6 billion on their fossil fuel investments over that time. Our...
Our achievements and highlights of 2015
2015 was a monumental year for campaigning to get finance and investment away from fossil fuels. Check out some of our wins and highlights of the year! [cs_row style="margin: 0px auto; padding: 0px; "...
2015: coal loses, community wins.
21 December 2015 The global coal industry stumbled into 2015 looking pretty peaky. Analysts across the finance sector were increasingly using terms like “structural decline” to describe its state and its future, while the spin-meisters spent a fortune hitting back...
Did Vision Super divest on the quiet?
15 December 2015 Early last week, Vision Super posted a press release on their website announcing their commitment to sustainable investment. Vision Super also updated their website, adding a page dedicated to “Sustainable Super” and the calming image of a wind farm...
Westpac commits to action for “below 2 degrees”
11 December 2015 Westpac has today made a commitment to operate in line with an economy that limits global warming to below two degrees! CEO Brian Hartzer said to hundreds of shareholders in Sydney: Westpac is committed to operating, both directly and indirectly, in a...