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Media release: QBE shareholders to call on QBE to stop fueling climate crisis
For immediate release, 17 February 2020 Market Forces has announced it will lodge a shareholder resolution calling on global insurer QBE to get its underwriting and investment activities in line with keeping global warming below 1.5 degrees. The resolution coincides with another year of high catastrophe costs and QBE’s recognition … Read More
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Your email has been sent to HSBC, telling the bank to rule out supporting coal in Bangladesh. You can share our twitter and facebook posts to help alert more people to the coal pipeline in Bangladesh and the banks funding it. Choked by Coal In May 2018, HSBC put out … Read More
GESB members – take action!
1 November 2019 Yesterday, the WA Climate Health Inquiry heard from organisations including Doctors for the Environment Australia (DEA) about the damage climate change is already doing to public health, and the dangers a warming planet poses to us all.* This follows the Australian Medical Association’s September 2019 declaration: Climate … Read More
“If we’re not reducing emissions then we should be castigated publicly” – Woolworths chairman tells shareholders
21 November 2018 With a slew of climate-related questions and a grilling over labour exploitation practices as well as its gambling operations, the board of retail and consumer staples giant Woolworths clearly felt the pressure at its annual general meeting in Sydney today. Prior to the meeting the Australasian … Read More
Medibank confirms shift out of fossil fuel investments
14 November 2018 Health insurer Medibank reaffirmed its commitment to dumping its coal, oil and gas company shares before the end of this financial year at its annual general meeting (AGM) today. After pledging to divest from fossil fuels at its 2017 AGM due to the terrible impacts of the … Read More
Carnarvon Petroleum – climate change not a financial risk
9 November 2018 Western Australia-based oil and gas exploration company Carnarvon Petroleum made clear at its annual general meeting today that it does not consider climate change as a material financial risk. Chairman P. J. Leonhardt explained he had missed a page of his opening address when asked by a … Read More
Qantas refuses to commit to UN guiding principles on human rights
26 October 2018 It was a circus at the Qantas annual general meeting (AGM) in Brisbane today. Following protests outside the meeting, Australia’s flagship airline faced a shareholder resolution lodged by the Australasian Centre for Corporate Responsibility. It called on Qantas to stop assisting in the deportation of asylum seekers and … Read More
Climate risk disclosure: Transurban still in the slow lane
“…we don’t consider it [climate change] to be one of the significant business risks or financial risks for Transurban” Marcus Laithwaite, auditor 11 October 2018 You might not have heard of the company, but chances are you’ve driven on one of their roads. Transurban operates major tollways in Australia … Read More