Håkan Dahlström, CC BY 2.0 HSBC’s coal power policy, released at its April 2018 AGM, boldly states it will not finance new coal-fired power plants, with some exceptions. It will still finance projects in Bangladesh, Vietnam and Indonesia, with further limits on the...
Blog
Standard Chartered tries to have it both ways on coal
Op-ed by Julien Vincent, executive director Market Forces Published in Asia Times, 21 January 2019 While 2018 climate-change news was dominated by President Donald Trump’s announcement of the United States’ intention to withdraw from the Paris Climate Agreement,...
Big four banks increase their fossil fuel exposure
January 2019 Australia's major banks have been getting back into fossil fuels over the last year, casting doubt on their seriousness in tackling climate change through their investments. This study compares the banks' reported exposures to fossil fuels and renewable...
Incitec Pivot: 4°C warming = selling more fertiliser
Incitec Pivot's lobbying association memberships include the Mining Council of Australia and Queensland Resources Council December 2018 Incitec Pivot is an Australian multinational corporation that manufactures fertiliser, explosives, chemicals, and delivers mining...
Dulux Group unable to paint a clear picture on climate risk disclosure
20 December 2018. Shareholders were left without concrete answers to important climate questions at the Dulux Group annual general meeting in Melbourne today.
Nothing explosive about Orica’s climate disclosures
Orica provide explosives, blasting and tunnelling services to the mining, oil and gas, and construction industries. Unlike some of its industry peers, Orica’s published reports do give shareholders some sense of reality: the company accepts the science of climate...
Ten insurance companies rule out covering Adani’s Carmichael project!
Media Release: World’s biggest insurers will not cover Adani Group’s Carmichael coal mine
Campaigners call on laggards to back UN climate targets andrefuse support for disastrous project Thursday 20 December 2018, 0001 Hours Central European Time Ten of the world’s foremost insurance companies will not provide support to develop the controversial...
ANZ: still not living up to its climate commitments
19 December 2018 Our Banking Royal Commission has exposed massive discrepancies between what Australia’s big four banks say and how they act. ANZ is a glaring example with chief executive Shayne Elliott and chairman David Gonski committing to both climate and human...
NAB hauled over the coals at its 2018 AGM
NAB was forced to lay bare its contradictory climate and environmental, social and governance (ESG) policies highlighting the vast discrepancy between what the bank says, and what it does during question-time at its annual general meeting (AGM) in Melbourne.