"...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_element_section _id="1" ][cs_element_row _id="2" ][cs_element_column _id="3" ]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
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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...
Embattled AMP stands firm over new climate denier chairman
10 May 2018 Acting AMP chief executive Mike Wilkins today dismissed deep concern over incoming chairman David Murray’s controversial views on climate change at the financial services company’s annual general meeting (AGM) in Melbourne. Wilkins affirmed his backing...
Big institutions back Rio Tinto resolution
2 May 2018 A resolution calling on Rio Tinto to publish the payments that it makes to groups lobbying on energy and climate policy, and to review whether such memberships are consistent with Rio’s stated support for emissions reductions, featured prominently at the...
AECOM: “Like a dentist handing out candy”
[cs_element_section _id="1"][cs_element_row _id="2"][cs_element_column _id="3"]It’s getting lonely for Adani in their destructive quest to build the Carmichael coal mine and railway line.Twenty-eight major banks across four continents...
NAB boosts renewables, but fails to limit fossil fuel funding
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Fortescue avoids tough questions on climate
9 November 2017 Yesterday Fortescue Metals Group failed to give a clear time frame for implementing the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD). As one of Australia's major energy users, Fortescue must demonstrate how it plans...