New Hope Corporation doubles down on coal during farcical 2021 AGM

New Hope Group's Bengalla coal mine, 2014.

19 November 2021 Coal miner New Hope Corporation’s 2021 AGM descended into farce yesterday, with technology issues compounding upon the company’s evasive approach to shareholder accountability.  Despite this, New Hope’s board still found time to double-down on its commitment to climate-wrecking coal, admitting New Hope intends to continue deriving around … Read More

ASIC investigation requested into New Hope statements

New Acland coal mine - Credit - Lock the Gate Alliance

21 July 2021 Australian coal company New Hope has a track-record of dodging questions about the material financial risks to its business from climate change. That’s why this week EDO Australia, on behalf of Market Forces, wrote to the Australian Securities and Investments Commission (ASIC) requesting an investigation into potentially … Read More

Woah big spender! New Hope splashes out promoting climate-wrecking coal

New Acland coal mine - Credit - Lock the Gate Alliance

11 June 2021 Data released last month shows that coal company New Hope splurged over $650,000 on the 2020 Queensland election, ranking fourth on a ‘big spenders’ list headed by Clive Palmer’s Mineralogy Pty Ltd [1]. The bulk of the company’s expenditure was on advertising, marketing and public relations advice … Read More

New Hope increasingly detached from reality

New Acland coal mine, Queensland. Credit: Lock the Gate alliance

17 November 2020 At its annual general meeting today, New Hope Corporation faced a shareholder resolution calling on the company to wind up its coal production in line with the climate goals of the Paris Agreement. With the Board recommending shareholders vote against the resolution, and parent company Washington H … Read More

Super funds failing to engage with New Hope on climate risk

Coal feeder

19 November 2019 Investor claims of climate risk engagement were again called into question at today’s New Hope AGM. As a pure play coal producer with plans to open up a massive new mine, there could hardly be a better example of a company facing climate change risk. Meeting the … Read More

Protestors meet shareholders outside New Hope AGM

20 November 2017 At last week’s New Hope annual general meeting, protesters from Lock the Gate, Great Sandy Strait Saviours and the Oakey Coal Action Alliance met shareholders out the front to point out that company money was being wasted on public relations and legal battles over the Acland Stage … Read More