ANZ, NAB and Westpac all released their annual Climate Reports last month, with mostly disappointing results. The key takeaway is that the door is still open for fossil fuel companies to keep receiving more finance for their climate destroying expansion plans. Take...
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Opinion: Gas is burning our climate faster, and Australia’s part of the problem
By Professor Lesley Hughes, climate scientist Earth is on track to experience the hottest year on record. It comes on the heels of another record-breaking 365 days of scorching temperatures, raging fires, floods and storms wreaking mayhem in all...
APA under pressure for enabling fracking in the Northern Territory at 2024 AGM
At APA’s annual general meeting last week 12.35% of shareholders voted in favour of a resolution calling on APA to disclose: how it plans to manage emissions from new gas infrastructure, including potential Beetaloo basin pipelines, and how they are compatible...
Investors greenlight Whitehaven’s staggering pipeline of coal expansion plans
Whitehaven Coal faced intense questioning from shareholders and continued investor discontent from several major investors at its annual general meeting (AGM) held in Sydney on Wednesday. The company’s remuneration plan received a 13% vote against it, signalling...
17,000 strong against APA unlocking the Beetaloo gas basin
Over 17,000 community members, including Traditional Owners, scientists, and healthcare professionals have called on APA not to light the fuse on the Beetaloo carbon bomb. Will UniSuper do the same? APA Group is Australia’s largest gas pipeline operator. The company...
What kind of future is the Future Fund really investing in?
CommBank’s climate progress scrutinised for inconsistencies
Pressure on ANZ, NAB and Westpac heading into AGMs
Woodside seeking further debt finance to continue with its climate-wrecking gas expansion plans
Australian oil and gas company Woodside is looking to issue an “unsecured 10-year and/or 30-year bond offering,” according to LSEG, which would provide the company with a new source of finance for its gas expansion plans. While the value of the bond issuance has not...
Breaking: CommBank formally walks away from climate wrecking clients
While ANZ, NAB and Westpac gear up to loan hundreds of millions more to one of Australia’s most notorious climate wreckers Australia’s largest bank, the Commonwealth Bank of Australia, made a huge announcement this morning, declaring it has made the decision to...
HESTA member submits legal request for information after fund’s ineffective efforts to push for change at Woodside
A HESTA member has today increased pressure on her super fund for failing to demand an end to Woodside’s climate-wrecking gas expansion plans. Long-term HESTA member, multidisciplinary artist and musician Tash Parker has submitted a legal request for information to...