6 February 2020 With hundreds of protestors chanting outside and an over-the-top security presence inside, Siemens annual general meeting (AGM) in Munich yesterday was dominated by stern criticism, by both institutional investors and ordinary Germans, of Siemens'...
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Australia’s major political parties, brought to you by fossil fuels!
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Fact Check: Siemens’ attempt to justify the unjustifiable
21 January 2020 Last week Siemens confirmed it intends to go ahead and do signalling work for Adani’s climate-wrecking Carmichael coal project rail line. Siemens CEO Joe Kaeser attempted to justify this unjustifiable decision with a public statement full of nonsense,...
Media release: Siemens decides to work on Adani Carmichael coal project
Responding to the news that Siemens has decided to continue working on the Adani Carmichael coal export project, Market Forces Executive Director Julien Vincent said: “Siemens’ appalling decision to keep working on Adani’s climate-wrecking coal mine shows...
Market Forces launches UniSuper DIVEST campaign
13 January 2020 Market Forces has joined with academics, scientists, researchers and university employees across Australia to launch a major new campaign to pressure super fund, UniSuper, to divest billions of dollars of members’ retirement savings from fossil fuel...
Shareholders fire a shot across NAB’s bow over climate failure
18 December 2019 After record levels of shareholder support for climate risk management resolutions at ANZ and Westpac, it was NAB's turn today to face the music over its failure to adequately manage climate risk. Since the Paris Agreement was signed in 2015, NAB has...
ANZ grilled on climate inaction and secret coal plan
17 December 2019 Coal lending was on the agenda two weeks before ANZ's annual shareholder meeting in Brisbane today, as revelations hit the news that ANZ had a secret plan to slash its thermal coal mining loans by 75% (representing more than $700 million) by 2024. The...
GHD’s announcement doesn’t go far enough
On 16 December 2019, global engineering firm and Adani’s longest-serving contractor GHD updated a statement on its website revealing it has no ongoing contractual obligations on the climate-busting Carmichael coal mine project. This is a welcome and important first...
Westpac: a laggard on climate change
12 December 2019 Westpac’s board knew they would be facing fired-up shareholders at today’s annual general meeting (AGM) but perhaps weren’t prepared to bear the weight of responsibility for the impacts on communities and customers fighting the climate crisis. ...
Do you pay more tax than the big fossil fuel companies?
For all the environmental and climate destruction wrought by the fossil fuel industry here in Australia and globally, you’d think there must be a significant payback through taxes, right? Well, sadly, there are ways for massive fossil fuel companies to minimise their...