MEDIA RELEASE Sunday 7 May, 2023: A new report by Market Forces reveals Australia’s 30 biggest super funds increased their investment exposure to Australian and international companies most responsible for expanding fossil fuels in 2022 to a total of more than AU$34 billion. Australia’s biggest funds have increased their investment … Read More
Media release: Super funds lose billions on fossil fuels as divestment calls mount
NEW REPORT: Super funds lose billions on fossil fuels as divestment calls mount Sydney, 10 February 2016 Report identifies $5.6 billion in losses on fossil fuel stocks Funds lose an average $1109 per member over two years Colonial tops list of poor performers Website launched to help super fund members … Read More
Fracking Finance
‘Fracking Finance’ details the dangers that unconventional gas extraction methods, such as fracking, pose to our land, water and communities. This Market Forces report also examines which financial institutions are supporting the biggest players in Australia’s coal seam gas industry. Click the cover image to view and download a pdf version of … Read More
Revealed: billions loaned to fossil fuels by the big banks
18 June 2015 Since 2008, Australia’s big four banks (ANZ, Commonwealth, NAB and Westpac) have loaned $36.7 billion to the fossil fuel industry in Australia, and were involved in three-quarters of all deals to fossil fuel projects and companies over the same time frame. That’s the key finding of a … Read More
Making your finances fossil free
4 June 2014 Are your personal finances helping to damage the climate? Chances are they are, without you even knowing it. Do you have a bank deposit? Are you a member of a super fund? Do you own shares? If so, your money is probably being used to finance the … Read More
How to avoid the carbon bubble
5 March 2014 Want to kick fossil fuel companies out of your investments but don’t know how? Worried that excluding fossil fuel companies might harm your financial health? Worry no more. Market Forces and 350.org commissioned The Australia Institute to study how people and institutions holding stocks can divest from … Read More
How to Switch Banks and Make it Count
This guide will take you through the main steps of moving your account to a bank that won’t use your money to fund the next big coal or gas project. More importantly, it shows you how your divestment from your old bank can leave a lasting impression on them and … Read More
Financing Reef Destruction
Our report, Financing Reef Destruction, describes the threats faced by the Great Barrier Reef as a result of expanding coal and gas exports, and expose which banks have been most actively funding coal and gas export projects inside the World Heritage Site. Click the cover image to view the report. … Read More