Monday 4 March, 2019 Tomorrow, shareholders coordinated by Market Forces and publicly listed wealth manager Australian Ethical will lodge a shareholder resolution calling on QBE to set targets for reducing its investment and underwriting exposure to fossil fuels in...
QBE‘s climate credibility up in smoke
25 February 2019 QBE’s 2018 annual report, released today, disappointingly reveals the insurer will be doing absolutely nothing about its support for dirty fossil fuels for at least two more years - shredding any credibility the company had left when it comes to...
Media release: QBE faces new shareholder resolution in wake of continued climate failure
25 February 2019 Environmental finance campaigning group Market Forces has reacted furiously to QBE’s annual results, which document another year of losses from large catastrophes with no action on climate change. QBE breathed a sigh of relief as it posted a modest...
QBE targeted over fossil fuel support as Australia burns
4 February 2019 As Australians suffer under record-breaking extreme temperatures, bushfires and floods, Market Forces has launched an outdoor advertising campaign demanding Australia’s major global insurance company end its support for the fossil fuel companies...
Ten insurance companies rule out covering Adani’s Carmichael project!
QBE staff get donuts as QBE scores donuts on climate action scorecard
[cs_element_section _id="1" ][cs_element_row _id="2" ][cs_element_column _id="3" ]Tuesday 4 December 2018 This morning staff arriving at global insurance company QBE’s head office in Sydney were offered free donuts by Market Forces volunteers. The...
QBE falling behind competitors on climate action
[cs_element_section _id="1" ][cs_element_row _id="2" ][cs_element_column _id="3" ]Monday 3 December 2018 All over the world, the damage humans are doing to our climate is increasingly evident. Heat records are being smashed, droughts are taking...
Financial services giant IOOF all hot air when it comes to climate action
28 November 2018 For a company that openly declared it considers climate risk at its annual general meeting (AGM) today, IOOF has done remarkably little to show how it plans to manage those risks. Earlier this year the financial services giant told shareholders it...
IAG still won’t commit to divest from coal
26 October 2018 “We are feeling the effects of climate change already: we see it in our own industry’s data, which tells us an inescapable truth.” That was CEO Peter Harmer today at Insurance Australia Group (IAG’s) annual general meeting (AGM). His company used the...
QBE’s support for fossil fuels costing its customers and our climate
[cs_element_section _id="1" ][cs_element_row _id="2" ][cs_element_column _id="3" ][x_image type="none" src="https://www.marketforces.org.au/wp-content/uploads/2018/07/MF-QBE-Subversion-Web-Slider-v02-Coral-Bleaching-1500-x-400-px.png" alt="" link="false"...