Our super funds can help sway climate-change targets

18 September 2019 Market Forces in the Media: Op-ed in the Sydney Morning Herald by Julien Vincent, Executive Director, Market Forces It was one of the loudest signals yet that Australian superannuation funds wanted strong action on climate change. Ahead of this year’s G20 meeting in Japan, the likes of … Read More

Tip-off reveals AIG is Adani’s insurer

16 September 2019 A tip-off from a staff member has revealed that US-based AIG is providing insurance for Adani’s preliminary works at the Carmichael coal mine site, and for Directors and Officers liability. Adani’s insurance policies are due to expire on 30 September and, according to the tip-off, AIG’s head … Read More

Over 100,000 people call on AIG to #StopAdani

29 August 2019 A petition with over 135,000 signatures from all over the world was handed to AIG at its Australia headquarters in Sydney today, calling on the company to rule out insuring the disastrous Adani Carmichael coal project. Hundreds of people joined actions outside AIG offices in Sydney, Melbourne … Read More

Media release: Whitehaven Coal calls 185 countries’ bluff

15 August 2019 Whitehaven Coal, Australia’s biggest pure-play coal miner, has once again trumpeted coal demand projections based on a scenario that would see the utter failure of the Paris Agreement. “Whitehaven Coal’s plans to massively increase coal production seem to be based on the presumption that the world will … Read More

Media release: AGL management rejects climate resolution

8 August 2019 AGL’s management today advised shareholders to reject a resolution calling on the company, Australia’s largest greenhouse gas emitter, to reduce emissions in line with the climate goals of the Paris Agreement. “AGL’s argument against a common sense shareholder resolution appears to reject the science, which tells us … Read More

Win! Commbank out of thermal coal by 2030!

7 August 2019 Great news! Commonwealth Bank has become the first in Australia to signal an end to thermal coal exposure! In its latest policy update, the bank has said it will: continue to reduce its thermal coal mining and coal-fired power generation exposures with a view to exiting the … Read More

Media release: Commbank out of thermal coal by 2030

New fossil fuel projects must prove carbon compliance Wednesday 7 August 2019 In today’s commitment, made in the bank’s new Environmental and Social Framework, to exit thermal coal by 2030, Commonwealth Bank has issued a stark warning to industry and policy-makers that coal has no place in Australia’s future. Commonwealth … Read More