18 October 2017 Shareholders today grilled Aurizon over its plans to build a railway that would open up the Galilee Basin to coal mining. The coal haulage company currently has a financing bid before the Northern Australia Infrastructure Facility (NAIF), rivalling...
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#StopAdani Corporate Villains tour of Melbourne, 1 Nov
We are at an important stage of the #StopAdani Campaign. A crucial period where Adani is racing against the clock to reach financial close and convince the Australian Government to fund its climate destruction. We are learning more and more about Adani's shady...
Westpac out of Adani Abbot Point refinancing?
Westpac CEO Brian Hartzer today confirmed that the bank's coal lending restrictions would, in theory, apply to restrict finance for infrastructure projects that are directly linked to new coal basin developments. That looks like a pretty good indication that Westpac...
Bluescope Steel – still a long way to go on climate risk
11 October 2017 Major energy user Bluescope Steel made the right noises about limiting emissions at the company's annual general meeting (AGM) in Melbourne today, but failed to commit to strong climate action. Despite clear evidence that a global transition away from...
Stop Adani – National Day of Action and November 1 Tour
10 October 2017 On Saturday concerned citizens around Australia turned out in their thousands to spell it out for the Federal and Queensland governments: the community is strongly against Adani’s Carmichael dirty Galilee Basin coal plans. Market Forces campaigners...
Big banks still supporting Whitehaven’s dirty coal operations
Whitehaven Coal's Maules Creek mine was recently upgraded to the EPA's highest environmental risk category, making it one of NSW's three dirtiest mines. The company is also planning to expand its Vickery coal mine, which the local community is resisting due to grave...
AGL shareholders back Liddell closure, call for rapid coal exit
27 September 2017 At AGL's annual general meeting (AGM) today in Melbourne, 126 shareholders, collectively holding a position in the company worth $5.4 million, delivered a statement, supporting the board's decision to close its Liddell coal power station in 2022. The...
Putting climate and human rights centre stage
Around Australia, shareholders are acting to make companies take climate change and human rights seriously. Super fund members like you can help their cause by telling your fund to vote your retirement savings in favour of resolutions that protect people and planet....
Suncorp to divest from fossil fuels?
21 September 2017 At Suncorp's Annual General Meeting (AGM) in Brisbane today, company chair Ziggy Switkowski made the quite unexpected commitment to reduce the company's fossil fuel exposure to an 'immaterial' amount over the next two years. The revelation came in...
Victoria steps up on political donations reform, now for the Feds
19 September 2017 In light of the Victorian Government’s proposed changes to political donation laws, we thought we should share our submission to the federal Joint Standing Committee on Electoral Matters, which we made on 11 September 2017. But firstly, what has the...