Jakarta/Singapore, Tuesday 8 September 2026 – New analysis from Market Forces reveals that the three largest Singaporean banks — DBS, OCBC, and UOB — have been bankrolling industrial ‘captive’ coal power plants between 2020 and 2025, despite publicly announcing and...
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Analisis Terbaru: Bank Singapura Masih Biayai PLTU Batu Bara, meski Berkomitmen untuk Berhenti
Jakarta/Singapore, 8 September 2026 – Analisis terbaru dari Market Forces mengungkapkan, tiga bank asal Singapura yaitu DBS, OCBC, dan UOB masih membiayai proyek PLTU batu bara captive antara tahun 2020 hingga 2025. Padahal sejak tahun 2019, ketiga bank tersebut...
Woodside’s climate walk-back reflects AustralianSuper’s ineffective stewardship efforts
By Brett Morgan, Investor Engagement Manager, Market Forces As the nation’s largest super fund, what AustralianSuper says and does has significant consequences for our economy. Woodside’s walk-back on emissions and new energy targets in the past 24 hours can in part...
Macquarie’s huge LNG export gamble puts more than investors at risk
By Morgan Pickett, Senior Policy Analyst, Market Forces, a clean energy finance advocacy organisation. Macquarie Group began life in Sydney in 1969 with just three employees. Today, Macquarie is one of Australia’s most powerful financial institutions, operating across...
Super fund HESTA urged to take on fossil fuel giants, for the sake of climate health
Healthcare is built on principles that have guided our professions for generations: protecting life, preventing harm, promoting wellbeing and acting in the best interests of those we serve. Those values shouldn’t end when we finish our shift. As the super fund...
Macquarie hauled over coals for tripling fossil fuel finance
Thursday 23 July: An Australian Security Leaders Climate Group Executive and an internationally acclaimed climate scientist have joined more than 160 shareholders and Market Forces to demand Macquarie Group explains how its skyrocketing finance for major new oil and...
Rethinking Financing for Indonesia’s Captive Coal Nickel Industry
By Ginanjar Ariyasuta, Indonesia Energy Finance Campaigner, Market Forces In his address to the House of Representatives on May 20, President Prabowo Subianto expressed his conviction that Indonesia's economy can grow 8 per cent by 2029, with the processing of...
Menimbang Ulang Pembiayaan Nikel Berbasis Batu Bara
Oleh: Ginanjar Ariyasuta, Juru Kampanye Pembiayaan Energi Indonesia di Market Forces Dalam pidatonya di rapat paripurna DPR, 20 Mei lalu, Presiden Prabowo Subianto menyampaikan keyakinannya bahwa ekonomi Indonesia bisa tumbuh 8 persen pada 2029 — dan hilirisasi...
Japan’s 2026 AGMs Reveal Shift in Directors’ Accountability on Climate Risk
TOKYO, 3 July 2026 — Sumitomo Mitsui Financial Group (SMFG) has suffered one of the biggest ever votes against a Japanese bank director when 21.47% of shareholder votes were cast against SMFG Board Chair, signalling growing investor scrutiny and dissatisfaction with...
Macquarie climate blackflip is ringing alarm bells for investors
By Kyle Robertson, Head of Research, Market Forces It wasn’t long ago that the world’s major banks, including Macquarie, were collectively mobilising to achieve the goals of the Paris Agreement. In April 2021, now Canadian prime minister, Mark Carney launched the...