Market Forces in the media By Chisaki Watanabe, Bloomberg News August 28, 2018 Asia, Africa projects fall short of guidelines: Market Forces Japanese banks have committed to funding less coal generation Three coal-fired power plants under consideration in Vietnam,...
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Media release: New Japanese bank policies rule out a third of overseas coal plant finance
28 August 2018: New coal policies should rule out providing financial support to close to a third of the coal-fired power stations (by capacity) currently under consideration by Japan’s three major commercial banks, according to a new analysis released today by...
Ad urging Standard Chartered to stop funding dirty coal published across Asia
23 August 2018 Today, with the help of community donors and partner organisations, Market Forces published a full-page advertisement in the Financial Times Asia, urging Standard Chartered Bank to stop funding new coal-fired power plants. Click here to email Standard...
QBE to review climate risk of investments and underwriting
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Whitehaven Coal told: get aligned with 2 degrees!
13 August 2018 A shareholder resolution has been lodged with Whitehaven Coal, calling on the company to disclose the risks it faces from climate change and align its strategy with a scenario that holds global warming to less than two degrees. The resolution was signed...
Take action: What is your super fund doing to manage climate risk?
[cs_content][cs_element_section _id="1" ][cs_element_row _id="2" ][cs_element_column _id="3" ][cs_text _order="0"]You may have already heard about Mark McVeigh, a 23 year old Brisbane ecologist who is suing one of Australia’s biggest super funds, REST, over the fund’s...
It’s about time super funds came clean on climate
By Julien Vincent, Executive director, Market Forces Sydney Morning Herald/Age, 2 August 2018. 2 August 2018 Transparency has never been superannuation industry’s strong suit. Despite super being one of the biggest investments Australians make over their lifetimes,...
Artwork contributes to supporting Narrabri locals
In May this year, hundreds of people contributed to a crowdfunder to allow locals, including five farmers and a Gomeroi Traditional Owner, to attend the Santos annual general meeting to show the overwhelming community opposition to Santos’ coal seam gas project. One...
Macquarie to produce climate risk scenario analysis
26 July 2018 “Risk has always been at the heart of Macquarie”, said Nicholas Moore, managing director and chief executive officer at today’s annual general meeting in Sydney. As part of its risk framework, Macquarie Group will now begin producing a scenario analysis...
Support Mark’s super legal battle over climate change
Meet Mark, an ordinary 23 year old from Brisbane who is taking an extraordinary action that could have a big climate impact... Mark won’t be able to access his super for nearly 40 years. That’s a long time for the impacts of climate change to hit hard. So Mark needs...