Melbourne, Thursday 29 September, 2016: A new report released today by environmental finance campaigners Market Forces reveals the multi-million dollar bonuses awarded to Australian and international fossil fuel company executives for expanding reserves which are...
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Australia’s dirtiest power company, AGL, has a lot to answer for at its AGM
28 September 2016 AGL has been branded ‘Australia’s biggest polluter’ with 85% of all AGL power coming from coal. Unsurprisingly company board members were met at their annual general meeting (AGM) with protesters who demanded AGL stop contributing to the warming of...
Media Release: Australians reject super funds’ trillion-dollar secret
Melbourne, Friday 23 September, 2016: According to analysis by environmental finance campaigners Market Forces, 83% of assets under management in Australia’s fifty largest superannuation funds are undisclosed, equating to nearly $1 trillion of assets. The analysis...
Suncorp understands the importance of 2ºC, fails to commit to it.
22 September 2016 Creator of the award-winning Skeptical Science website John Cook and Associate Professor Kristen Lyons were among the shareholders attending the Suncorp AGM today in Brisbane, trying to find out why a company that is losing billions of dollars in...
$1 trillion in super fund assets hidden from the public
21 September 2016 Would you buy a house, not knowing what suburb it’s in? Or how many bedrooms it has? Or if it’s new or old? That’s what many of Australia’s largest super funds are asking you to do with your money – trust them. For many people, super will be the...
Fossil fuel assets taking huge hits
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Poll reveals high expectations for banks to avoid fossil fuels
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Media release: New polling shows half of customers prepared to change banks over fossil fuels – as prominent Australians demand climate action
Thursday 15 September, 2016: New research released today shows overwhelmingly that Australians want their bank to act on climate change by avoiding fossil fuel projects, with almost half prepared to change banks if their current institution finances projects...
Civil society to banks: get off fossil fuels!
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Australian banks help release another 3 billion tonnes of carbon emissions
9 September 2016 Since late 2015, when Australia's major banks committed to support the goal of holding global warming to below two degrees, they have contributed to deals for new fossil fuel projects capable of adding 3 billion tonnes of CO2 to the atmosphere. A new...