Monday 2 December: New Market Forces analysis reveals most top Australian super funds are greenwashing and failing to use their influence to drive greater climate action at major gas companies. The analysis of the top 30 super funds’ voting disclosures finds that only...
Media releases
Whitehaven faces heat over executive pay linked to huge coal expansion
Wednesday 30 October: Market Forces has joined with more than 100 shareholders calling on investors to vote against Whitehaven Coal’s remuneration plan for its executives at the company’s annual general meeting (AGM) today. New Market Forces analysis finds Whitehaven...
Australia’s sovereign wealth fund invests $1 billion in big coal and gas
Thursday 24 October: New Market Forces analysis reveals that the Future Fund has more than $1 billion invested in three of Australia’s biggest fossil fuel expanding companies, Woodside Energy, Santos and Whitehaven Coal. The analysis finds the Future Fund is a top 10...
Traditional Owners, health leaders: 17,000 demand APA stop backing fracking
MEDIA RELEASE Thursday 24 October: Traditional Owners, leading doctors and scientists have joined over 17,000 people, environment and human rights organisations, to sign a letter calling on APA Group to end its plans to build a pipeline enabling dangerous gas...
Communities and CSOs worldwide send an open letter to JPX and investors on JERA’s disregard for community stakeholders
MEDIA RELEASE (英文に続き、日本語表記がございます) 22 October 2024: Market Forces, communities, and civil society organisations worldwide have sent an open letter to the Japan Exchange Group (JPX) and to asset managers to raise concerns about thermal power producer JERA's governance,...
Climate scientists call on UniSuper to end backing for gas fracking
MEDIA RELEASE Thursday 26 September: More than 1,000 UniSuper members, including leading climate scientists and academics have signed an open letter to the Board of Directors calling on the fund to immediately oppose APA Group’s plans to develop pipelines that would...
Shareholders file first ever climate resolution on Australian gas pipeline company
MEDIA RELEASE Wednesday 21 August: Market Forces has filed a resolution on behalf of 128 APA Group shareholders calling on the company to disclose how it is managing the emissions from new gas infrastructure, including planned Beetaloo basin pipelines, in line with...
Big four Australian banks pour $3.6 billion into fossil fuels in 2023
MEDIA RELEASE Tuesday 16 July: A new report by Market Forces reveals Australia’s big four banks have poured more than AU$61 billion into fossil fuels since the global agreement to limit climate change was adopted in Paris over eight years ago. The analysis finds ANZ,...
Top super fund re-invests in coal expansion
MEDIA RELEASE Tuesday 25 June: New Market Forces analysis reveals a top 30 super fund has walked back its fossil fuel exclusion policy, re-exposing its members’ retirement savings to one of Australia’s biggest thermal coal miners, Whitehaven. The new research finds...
Global week of action targets MUFG’s fossil fuel financing
MEDIA RELEASE Wednesday 29 May: Environment groups from several countries worldwide are launching a global week of action against Japan’s largest bank, Mitsubishi UFJ Financial Group (MUFG) under the theme "Banking Betrayal: MUFG is Funding our Demise." This...