[cs_content][cs_element_section _id="1" ][cs_element_layout_row _id="2" ][cs_element_layout_column _id="3" ][cs_text] As you read this, Westpac is rewriting its climate change policy. And it clearly needs an upgrade. Shareholders have a powerful voice and you can use...
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Bushfire survivors call on banks to stop funding climate crisis
20 March 2020 Today, anyone leafing through the pages of the Australian Financial Review can’t have missed this powerful ad on page 15: The Bushfire Survivors for Climate Action group has sent an open letter to the major Australian banks calling on them to stop...
Massive Sydney mural targets Westpac’s inadequate climate policies
9 March 2020 Market Forces has put up a powerful, 8 metre high mural on Sydney's Elizabeth St in Surry Hills, targetting Westpac for its funding of coal, oil and gas projects, the industries most responsible for fueling the climate crisis and worsening bushfires. This...
Responding to COVID-19
16 March 2020 Market Forces, like the rest of the world, is changing the way we operate in order to help limit the spread of COVID-19. We are trying to stay ahead of government and health authority directives and are taking steps that do this while allowing our...
Adani looking for Abbot Point investors
12 March 2020 Adani is asking investors to back the Abbot Point coal export terminal for the next seven years through a new bond. With take-or-pay contract protection now largely expired, whoever invests is placing a massive bet about the Carmichael coal project going...
Massive Sydney mural targets Westpac’s inadequate climate policies
9 March 2020 Market Forces has put up a powerful, 8 metre high mural on Sydney's Elizabeth St in Surry Hills, targetting Westpac for its funding of coal, oil and gas projects, the industries most responsible for fueling the climate crisis and worsening bushfires. This...
Australia’s major banks keep on fueling the climate crisis
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Increased coal and gas lending as Westpac approaches policy due date
[cs_content][cs_element_section _id="1" ][cs_element_layout_row _id="2" ][cs_element_layout_column _id="3" ][cs_text]5 March 2020 Australia has faced years of worsening bushfires, storms and drought since Westpac last announced a climate policy. This policy is...
QBE faces shareholder resolution on oil and gas support
5 March 2020 Shareholders coordinated by Market Forces together with the $4bn investment manager Australian Ethical have co-filed a resolution calling for the global insurer to align underwriting (insurance) and investment activities with keeping global warming below...
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