24 November 2016 IOOF is an investment management and financial services company listed in the ASX 100, administering over $130 billion on behalf of its clients. The company offers retail superannuation products, which currently boast almost half a million members....
New Hope Group: bravely struggling against reality
18 November 2016 Queensland coal miner New Hope Group owns the New Acland, West Moreton and Bengalla coal mines. As a pure-play coal miner that’s currently trying to expand its Acland operations, New Hope’s current business model is completely out of step with global...
BHP’s Minerals Council membership touches a nerve
17 November 2016 With operations in over 25 countries, BHP Billiton is one of the world’s largest mining companies. Two years ago the company was rated one of the top twenty most carbon polluting companies. The mining giant has also been involved in several...
AWE & Senex Energy: in deep denial
16 November 2016 Shareholders of AWE Ltd and Senex Energy Ltd gathered for their Annual General Meetings today, in Sydney and Brisbane respectively. While it's a coincidence that their AGMs were held on the same day, there are a number of similarities between the two...
Wesfarmers: not ‘evolving’ quickly enough
11 November 2016 Best known as the parent company of Coles, K-mart, Target, Bunnings and Officeworks, Wesfarmers also owns two open cut coal mines: Curragh in Queensland (100% owned by Wesfarmers) and Bengalla in New South Wales (40% stake). Shareholders attending the...
Beach Energy, unconventional and unsafe
10 November 2016 Beach Energy held its annual general meeting (AGM) in Adelaide today, where local campaigners for the protection of agricultural land questioned the efficacy of Beach Energy’s unconventional gas exploration in the Otway Basin. Beach Energy is...
Pressure forces Medibank to consider divestment
10 November 2016 Shareholders and health professionals flooded Medibank with question about their fossil fuel investments and preparedness for climate change at their annual general meeting (AGM) on Wednesday in Melbourne, prompting the Chairwoman to commit to...
CommBank faces backlash on fossil fuel lending
9 November 2016 In an unprecedented reaction against CommBank's refusal to phase out their lending to coal, oil and gas projects, the bank's Board was forced to endure extended questioning and a protest at their annual general meeting in Perth today. Many shareholders...
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...
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...