20 December 2018. Shareholders were left without concrete answers to important climate questions at the Dulux Group annual general meeting in Melbourne today.
Nothing explosive about Orica’s climate disclosures
Orica provide explosives, blasting and tunnelling services to the mining, oil and gas, and construction industries. Unlike some of its industry peers, Orica’s published reports do give shareholders some sense of reality: the company accepts the science of climate change, recognises the need for scenario analysis, and this year began … Read More
ANZ: still not living up to its climate commitments
Our Banking Royal Commission has exposed massive discrepancies between what Australia’s big four banks say and how they act. ANZ is a glaring example with chief executive Shayne Elliott and chairman David Gonski committing to both climate and human rights principles that the bank has not stuck to. Shareholders made … Read More
NAB hauled over the coals at its 2018 AGM
NAB was forced to lay bare its contradictory climate and environmental, social and governance (ESG) policies highlighting the vast discrepancy between what the bank says, and what it does during question-time at its annual general meeting (AGM) in Melbourne.
Westpac makes no apology for continuing to back dirty coal
12 December 2018 Westpac’s hypocrisy – their statements on climate against the reality of their loan book – was a major theme at the big four bank’s annual general meeting today in Perth. And despite supporting the 2015 Paris climate agreement Westpac’s board made no apology for continuing to lend … Read More
Washington H. Soul Pattinson flies the coal flag and tells concerned shareholders to “sell their shares”
7 December 2018 “We continue to believe in the long term need and demand for coal” the CEO of Washington H. Soul Pattinson (WHSP), Todd Barlow told shareholders at the company’s annual general meeting (AGM) in Sydney today. It quickly became clear that climate change was a hostile topic for … Read More
QBE staff get donuts as QBE scores donuts on climate action scorecard
Tuesday 4 December 2018 This morning staff arriving at global insurance company QBE’s head office in Sydney were offered free donuts by Market Forces volunteers. The donuts represent QBE’s shameful zero scores on the international insurance climate scorecard released this week. Twenty-four global insurance companies were rated on their coal … Read More
QBE falling behind competitors on climate action
Monday 3 December 2018 All over the world, the damage humans are doing to our climate is increasingly evident. Heat records are being smashed, droughts are taking their toll, floods and bushfires are costing lives and homes. Both the UN and the International Energy Agency have released reports proving that … Read More
Karoon Gas: not quite the environmentalist it claims to be
30 November 2018 “We are at heart environmentalists,” CEO Robert Hosking of oil explorer and soon-to-be producer, Karoon Gas told shareholders at today’s annual general meeting in Melbourne. The company, which is about to drill an offshore oil well in Peru that has a CO2 emissions potential of 110 million tonnes … Read More