MEDIA RELEASE Thursday 9 March: In an Australian first, a formal statement has been filed on behalf of over 100 shareholders, urging all investors to vote against Santos’ remuneration report on climate risk grounds. Will van de Pol, Acting Executive Director,...
Fake dead dolphins delivered to big four banks over Santos oil disaster
MEDIA RELEASE Thursday 23 February 2023: The big four Australian banks - ANZ, Commonwealth Bank, NAB and Westpac - have received a special delivery of ‘dead’ inflatable dolphins for financing oil and gas giant Santos, which allegedly killed marine life in a major oil...
First Super Dirty Gas awards for Equipsuper, Colonial First State and REST
MEDIA RELEASE Wednesday 22 February: Equipsuper, Colonial First State and REST have been shamed with the first ever Super Dirty Gas awards as new Market Forces analysis reveals the funds have the highest proportion of Australian shares invested in Santos and Woodside...
Japan’s largest power company JERA faces complaint for failing to disclose fossil fuel risks
Media Release Wednesday 15 February: A complaint has been lodged with the Singapore Exchange outlining how Japan’s largest power company JERA has failed to disclose critical information on financial and legal risks in relation to a US$300 million bond issued in April...
Major coal producer New Hope urged to wind down production as shareholders shut out of AGM
MEDIA RELEASE Thursday 24 November: New Hope Group shareholders and Market Forces are demanding the coal miner disclose plans to wind down production in line with global climate goals. New Hope faces a resolution backed by over 100 shareholders, calling for full...
Shareholders demand clear transition for major Australian coal company
MEDIA RELEASE Wednesday 26 October: Market Forces and Whitehaven Coal shareholders are calling on the major Australian coal miner to demonstrate how it will wind down its production in line with global climate goals. More than 100 shareholders have joined Market...
New analysis: Australia’s biggest super funds fractured on fossil gas
MEDIA RELEASE Tuesday 18 October: New analysis by Market Forces reveals some of Australia’s biggest super funds have been selling millions of shares in oil and gas giants Woodside and Santos, while others are investing heavily in these climate-wrecking companies. The...
Big four Australian banks face shareholder climate backlash at AGMs
MEDIA RELEASE Tuesday 11 October 2022: Shareholder resolutions have been lodged with ANZ, NAB and Westpac calling on the banks to stop financing coal, oil and gas expansion. The resolutions, lodged by hundreds of shareholders and coordinated by environmental...
UniSuper climate report is hot air and poor action
MEDIA RELEASE Wednesday 14 September: UniSuper’s new climate risk report reveals the mega fund has continued quietly selling down its investments in Australia's largest gas producer, Woodside, and to a lesser extent, fellow climate-wrecking oil and gas expander,...
Shareholders demand coal wind down plan from Whitehaven
Media release: 25 August 2022 - For Immediate Release Market Forces and Whitehaven Coal shareholders have filed a resolution, calling on one of Australia’s largest coal miners to wind down its production in line with global climate goals. The resolution points out the...