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...
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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_content][cs_element_section _id="1"][cs_element_row _id="2"][cs_element_column _id="3"][cs_text _order="0"]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
[cs_content][cs_element_section _id="1"][cs_element_row _id="2"][cs_element_column _id="3"][cs_element_text _id="4"][/cs_element_column][/cs_element_row][/cs_element_section][cs_element_section _id="10"][cs_element_row _id="11"][cs_element_column...
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...
Put Bank of Queensland on notice
[cs_content][cs_element_section _id="1"][cs_element_row _id="2"][cs_element_column _id="3"][cs_text]Use the form below to tell Bank of Queensland to ditch fossil fuels, or risk losing you as a customer.[/cs_text][gravityform id="120" title="false" description="false"...
NIB commits to fossil fuel divestment
1 November 2017 One of Australia’s biggest health insurers, NIB, committed to completing their divestment from fossil fuels at their annual general meeting in Sydney today, further isolating their major competitor Medibank, whose AGM is coming up on 13 November. In...
Investors support stronger climate risk disclosure at Origin Energy AGM
18 October 2017 A shareholder resolution coordinated by Market Forces, calling for improvements to Origin Energy’s climate risk disclosure received significant support from institutional investors, garnering 13.77% of shareholder votes, despite the board’s opposition....
Suncorp to divest from fossil fuels?
21 September 2017 At Suncorp's Annual General Meeting (AGM) in Brisbane today, company chair Ziggy Switkowski made the quite unexpected commitment to reduce the company's fossil fuel exposure to an 'immaterial' amount over the next two years. The revelation came in...