14 December 2013 One hundred ANZ customers have closed their accounts in activities across Australia, protesting the bank’s role as the country’s leading lender to the fossil fuel industry. In Melbourne, Canberra, Adelaide, Perth, Sydney, Hobart and Brisbane, customers lined up outside the banks wearing t-shirts saying “ANZ chose fossil … Read More
Earth to Westpac: DIVEST!
13 December 2013 This is how to deliver an important letter! Westpac shareholders and staff at their annual general meeting in Melbourne were met with two huge banners, carrying the names of over three thousand people who have signed our open letter, calling on the bank to end fossil fuel … Read More
Commonwealth Bank customers across Australia divest!
2 November 2013 One hundred Commonwealth Bank customers turned out at branches across Australia on the 1st and 2nd of November to close their accounts in protest at the bank’s investments in the fossil fuel industry. Divestment actions at Brisbane, Byron Bay, Sydney, Canberra, Melbourne and Perth saw customers turn … Read More
ANZ customers divest in Melbourne!
On Saturday, 26 October 2013, a groundbreaking event happened for the fossil fuel divestment campaign in Australia. Nearly 30 ANZ customers collectively walked in to the Bourke Street Mall branch of the bank and closed their accounts in protest over ANZ’s financing of the coal and gas industries. Customers had … Read More
Why we’re backing a former fossil fuel chief for the BHP board
Update – result: Ian Dunlop was unsuccessful in his campaigns to gain a seat on the BHP Billiton Board in both 2013 and 2014 – you can read a summary of the 2014 campaign on Ian’s website. Read the initial post below: 20 October 2013 This is something we never … Read More
Stranded assets, anyone? Testing times for the fossil fuel market
ORIGINALLY POSTED IN RENEWECONOMY, 17 October 2013 The phrase “buyer beware” is a particularly pertinent one for fossil fuel investors in the current market. The combined effects of global climate action, renewables growth, economic decline and pollution reduction have worked to dampen growth and sap investor confidence, as well as … Read More