18 April 2018 Environmental organizations have condemned Japanese commercial banks for agreeing to finance the new polluting Nghi Son 2 coal power station in Vietnam, calling on the banks to act in accordance with the Equator Principles, a key agreement among banks to...
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ANZ finance the purchase of Rio’s last coal mine
5 April 2018 ANZ has contributed to a US$1.7 billion (AU$2.2 b) deal to finance the purchase of Rio Tinto's last coal asset by Indonesian coal miner Adaro Energy and private equity manager EMR Capital. The deal comes despite ANZ's repeated claims that the...
Australian bank policies still lag international peers
[cs_content][cs_element_section _id="1" ][cs_element_layout_row _id="2" ][cs_element_layout_column _id="3" ][cs_element_gap _id="4" ][cs_text]This content was published in March 2018. For the most recent version, click the button below to see our Funding climate...
AECOM cancels grad outreach to avoid Adani questions
[cs_content][cs_element_section _id="1"][cs_element_row _id="2"][cs_element_column _id="3"][cs_text _order="0"]Wednesday 21 March, 2018US-based engineering and design firm AECOM has cancelled most of their graduate outreach program to avoid facing questions and...
Media release: AECOM cancels graduate outreach as #StopAdani protests mount
[cs_content][cs_element_section _id="1"][cs_element_row _id="2"][cs_element_column _id="3"][x_image type="none" src="https://www.marketforces.org.au/wp-content/uploads/2018/03/18-3-14-AECOM-ANU-protest.jpg" alt="" link="false" href="#" title="" target="" info="none"...
New analysis shows Australia’s top companies have no climate plan
Media release: New analysis shows most of Australia’s top companies have no climate plan
Wednesday 14 March, 2018: A major new study released today by environment finance group Market Forces has revealed many of Australia’s top 100 companies are failing to improve their climate risk disclosure. Of the 73 ‘high risk’ ASX100 companies analysed: Less than...
Media release: Japanese Banks under international fire over Vietnamese coal finance
Tuesday 13 March 2018 An international coalition of civil society organisations has written to SMBC, Mizuho and MUFG, warning of the risks associated with financing the 1,200MW Nghi Son 2 coal-fired power plant in Thanh Hoa province, Vietnam. The project is sponsored...
EFIC supporting Adani Carmichael
[cs_content][cs_element_section _id="1" ][cs_element_row _id="2" ][cs_element_column _id="3" ][cs_text][/cs_text][cs_text _order="0"]June 2018 Adani has failed to attract private finance to its proposed Carmichael mine and rail project and is becoming increasingly...
AECOM: “Like a dentist handing out candy”
[cs_content][cs_element_section _id="1"][cs_element_row _id="2"][cs_element_column _id="3"][cs_text _order="0"]It’s getting lonely for Adani in their destructive quest to build the Carmichael coal mine and railway line.Twenty-eight major banks across four continents...