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...
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“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...
Medibank confirms shift out of fossil fuel investments
[cs_content][cs_element_section _id="1" ][cs_element_row _id="2" ][cs_element_column _id="3" ][cs_text]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...
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...
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...
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. ...
Medibank, NIB & HCF divestment job half-done
[cs_content][cs_element_section _id="1" ][cs_element_row _id="2" ][cs_element_column _id="3" ][cs_text _order="0"]Update 27 September 2018: Medibank has confirmed that it will have completed its shift to low-carbon investments for their Australian share portfolio by...
QBE to review climate risk of investments and underwriting
[cs_content][cs_element_section _id="1" ][cs_element_row _id="2" ][cs_element_column _id="3" ][x_image type="none" src="https://www.marketforces.org.au/wp-content/uploads/2018/08/qbe-action-image-small.jpg" alt="" link="false" href="#" title="" target="" info="none"...
CSR: no appetite for renewables despite unreliability of coal power
27 June 2018 There was plenty of praise for the Federal government’s fossil fuel-loving policies at the CSR annual general meeting this morning. CSR Limited is a major Australian ASX100 company, supplying building and construction materials across the nation. It owns...
FAR directors change their opinion about climate risk
FAR, an Australian oil and gas exploration company that operates mainly in Senegal, finally accepted the importance of climate change as a business risk at their annual general meeting (AGM) today. This was in sharp contrast to last year’s AGM where the topic was not...