Human rights are great but there’s money to make!

3 November 2016 Downer EDI provides engineering and mining infrastructure services to mining companies. In 2015 it was chosen as a contractor for Adani’s proposed Carmichael coal mine in the Galilee Basin. A coal mine that cannot go ahead if we are to give ourselves a chance of avoiding two … Read More

Whitehaven: A lot to hide this AGM

28 October 2016 Yesterday Whitehaven Coal held their Annual General Meeting in Sydney. They obviously had a lot to hide. While most AGMs are filmed and broadcast, Whitehaven decided to record only the audio, and cut off recording completely before question time. To bring you up to speed Whitehaven is the company that, … Read More

IAG: Leading On Climate But More To Be Done

22 October 2016 Exactly one year ago at their 2015 AGM, IAG’s executives seemed genuinely annoyed by questions related to climate change. This was despite the fact that natural disaster claims in 2014/15 were in excess of $1 billion. Clearly the steady increase in the cost of natural disaster claims … Read More

Origin Energy: the greenwash is strong in this one

19 October 2016 Origin Energy, one of the top three dirtiest power companies in Australia, held its annual general meeting today. The board dodged and weaved questions on fracking, fugitive emissions and 2C commitments, while hiding behind their measly renewable energy that currently makes up less than 5% of its electricity generation. … Read More

Divestment Day Live!

On Friday 7th and Saturday 8th October, over 1000 Australians joined us for Divestment Day activities at 13 locations around the country. With hundreds of customers closing their accounts in protest of the banks’ dirty fossil fuel investments, and public demonstrations of community strength, the message to the banks was loud … Read More

Big bonuses to fossil fuel execs for Digging Deeper

Despite the desperate need and global commitment to ditch fossil fuels, our latest report reveals fossil fuel companies are continuing to search for more unburnable carbon. In many cases, exploration is encouraged through executive remuneration packages. Despite their potential influence as significant shareholders, Australia’s super funds are voting for these wasteful bonuses that encourage … Read More

Suncorp understands the importance of 2ºC, fails to commit to it.

22 September 2016 Creator of the award-winning Skeptical Science website John Cook and Associate Professor Kristen Lyons were among the shareholders attending the Suncorp AGM today in Brisbane, trying to find out why a company that is losing billions of dollars in climate change related damage is not doing anything about it. Suncorp … Read More

Fossil fuel assets taking huge hits

Share this Post 20 September 2016 With the bulk of company reports for the 2015/16 financial year having been delivered, it is clear the fossil fuel sector has taken some substantial financial hits recently. Write-downs on fossil fuel assets and increased provisioning for dodgy debts to the sector have combined … Read More