13% of Santos shareholders demand oil and gas wind up plan

15 April 2021 At today’s Santos annual general meeting, 13% of the company’s shareholders voted against the company’s management and for a Market Forces-coordinated shareholder resolution calling on the company to wind up oil and gas production in line with the climate goals of the Paris Agreement. Speaking after the … Read More

Big banks snub local farmers concerned about Whitehaven Coal

12 April 2021 Whitehaven Coal is one of the biggest coal mining corporations on the Australian share market and some of the world’s biggest banks, including Westpac, Credit Suisse and Deutsche Bank, played a key role in lending $1 billion to the company in 2020.  ANZ and Commonwealth Bank have … Read More

Tell your super fund: Vote for climate action

1 April 2021 Over the coming weeks, your super fund has a number of huge opportunities to demand real climate action from some of Australia’s biggest gas companies, as well as globally-significant fossil fuel financiers and developers. By investing your retirement savings in these companies, your super fund gets a … Read More

ANZ held to account for climate inaction at AGM

16 December 2020 Following the release of a lacklustre update to its climate policy in October, today’s ANZ annual general meeting (AGM) saw the bank’s board held to account for the gap between rhetoric and action on climate change. However, perhaps the bank wasn’t as prepared to bear the weight … Read More

Westpac 2020 AGM: funding climate failure is the ‘sweet spot’

11 December 2020 Westpac’s board knew they would be facing tough questions from shareholders at today’s annual general meeting (AGM) given the banks’ continued funding for Australia’s most climate-destructive companies, including Whitehaven Coal and Santos. The bank’s updated climate policy, released in May, was a step forward as it pledged … Read More

94% of Beach Energy investors reject capital protection

Beach Energy field

25 November 2020 5.4% of shareholders today formally called on Australian-focused gas and oil company Beach Energy to wind up its fossil fuel production in line with the goals of the Paris Agreement by voting in favour of a resolution put forward by more than 100 shareholders, supported by Market … Read More

Mineral Resources pursues pathway out of line with 1.5°C

The Mineral Resource board made it clear at yesterday’s annual general meeting (AGM) that they would continue to pursue dirty oil and gas development despite their peer Fortescue Metals announcing a major move into renewable energy and green hydrogen.  Mineral Resources is a  lithium and iron ore mining company with … Read More