1 February 2021 Prime Minister Scott Morrison was denied a speaking slot at the UN’s 2020 Climate Ambition Summit, and for good reason: Australia’s climate policy is one of the worst, and the rest of the world knows it. Far from being a wake-up call, just weeks ago...
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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...
BlueScope Steel lagging on emission reduction targets
BlueScope Steel, the multinational steel-making corporation, is one of Australia’s major consumers of energy. The company requires large amounts of energy to be able to create steel via its smelting, furnace and production operations and is one of the top 20 energy...
Marsh and Mercer ignoring staff wishes by continuing Adani coal work
Insurance broker Marsh has been working with the conglomerate Adani for several years, most recently searching the globe for insurance companies willing to cover the Adani Carmichael coal project construction and operation. With 36 major insurers refusing to insure...
Westpac Shareholder action
[cs_content][cs_element_section _id="1" ][cs_element_layout_row _id="2" ][cs_element_layout_column _id="3" ][cs_text] As you read this, Westpac is rewriting its climate change policy. And it clearly needs an upgrade. Shareholders have a powerful voice and you can use...
Massive Sydney mural targets Westpac’s inadequate climate policies
9 March 2020 Market Forces has put up a powerful, 8 metre high mural on Sydney's Elizabeth St in Surry Hills, targetting Westpac for its funding of coal, oil and gas projects, the industries most responsible for fueling the climate crisis and worsening bushfires. This...
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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...
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