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...
Blog
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...
Australia’s top super funds invest in only 4% of clean energy needed by 2030
Tuesday 16 June: New analysis reveals Australia’s top 30 superannuation funds have invested in just a fraction (4%) of the renewable energy capacity needed to meet Australia’s mandated 2030 climate goals. The Australian Government has set a target to achieve 82%...
Asian banks hide behind a coal funding smokescreen
By Ginanjar Ariyasuta, Indonesia Energy Finance Campaigner, Market Forces Pick up any major Southeast Asian bank's sustainability report and you will find a coal funding commitment. The language is confident. The dates are specific. But banks from Jakarta to Kuala...
Macquarie suffers shareholder backlash for climate backflip and new fossil fuel finance
Wednesday 20 May: More than 160 shareholders have joined with Market Forces to demand Macquarie Group explains how increasing its fossil fuel lending, slashing its green energy investments and watering down its climate strategy is consistent with its commitment to the...
Over 80% concerned about climate change in Indonesia, Malaysia and Singapore
Tuesday 19 May: More than four out of five people in Singapore (81%), Malaysia (84%) and Indonesia (96%) are moderately to extremely concerned about climate change, according to a survey conducted by YouGov, in new research commissioned by Market Forces. The new...
Woodside AGM 2026: HESTA steps up, Aware Super backslides
Woodside Energy, Australia’s biggest oil and gas company and renowned climate wrecker, held its annual general meeting (AGM) on 23 April. As usual, the company couldn’t escape scrutiny for its dangerous oil and gas expansion plans, from a significant rally outside the...
Santos 2026 AGM
At the Santos 2026 annual general meeting, Traditional Owners and Indigenous Leaders travelled thousands of kilometres - from Papua New Guinea, Borroloola (Northern Territory), and Narrabri (NSW) - to challenge the company’s controversial gas expansion plans....
Climate Financial Group Urges Shareholders to Vote Against Directors at Japan’s Megabanks and Trading Houses
Market Forces Launches “Governance Wakeup Call” Campaign April 22, 2026 Market Forces TOKYO — Environmental finance advocacy organisation, Market Forces has sent a briefing to major institutional investors recommending a vote against the re-election of key directors...
Protected: MUFG Bank to stop supporting the Papua LNG Project
Password Protected
To view this protected post, enter the password below: