Westpac tests the patience of ethical investors

9 December 2016 Westpac’s ‘clean and green’ image was shattered today at their Annual General Meeting (AGM) in Adelaide. It started outside the venue where a group of young people presented Westpac with a ‘climate hypocrite’ award for their bankrolling of dirty fossil fuel projects. The world famous fish ‘Nemo’ … Read More

BHP’s Minerals Council membership touches a nerve

17 November 2016 With operations in over 25 countries, BHP Billiton is one of the world’s largest mining companies. Two years ago the company was rated one of the top twenty most carbon polluting companies. The mining giant has also been involved in several environmental disasters such as the Ok … Read More

Wesfarmers: not ‘evolving’ quickly enough

11 November 2016 Best known as the parent company of Coles, K-mart, Target, Bunnings and Officeworks, Wesfarmers also owns two open cut coal mines: Curragh in Queensland (100% owned by Wesfarmers) and Bengalla in New South Wales (40% stake). Shareholders attending the Wesfarmers annual general meeting (AGM) asked why the company was … Read More

Whitehaven: A lot to hide this AGM

28 October 2016 Yesterday Whitehaven Coal held their Annual General Meeting in Sydney. They obviously had a lot to hide. While most AGMs are filmed and broadcast, Whitehaven decided to record only the audio, and cut off recording completely before question time. To bring you up to speed Whitehaven is the company that, … Read More

Bulga to Brisbane update: Thanks and final preparations

3 May 2016 After an incredible response to our crowdfunding campaign, Bulga residents Aneemaree and Rob McLaughlin and Judith Leslie are now preparing to take their fight up to Rio Tinto at the company’s annual general meeting (AGM) in Brisbane on Thursday. The crowdfunding campaign has less than a day remaining, and … Read More

Tough questions asked at Woodside AGM

22 April 2016 Woodside Petroleum’s annual general meeting in Perth yesterday saw Chairman Michael Chaney and CEO Peter Coleman face questions over political donations and corruption, as well as how their business model – grabbing fossil fuels out of the ground for other people to burn – fits in with a … Read More

How does Westpac measure up on climate?

2 December 2015 We’re in a time of year usually defined by the United Nations climate change negotiations, currently underway in Paris. But we’re also in the middle of annual general meeting (AGM) season for Australia’s big banks, and a parade of glossy brochures and statements that update the banks’ policies … Read More

Suncorp’s $1bn extreme weather loss. Climate change, anyone?

24 September 2015 Suncorp Group held its Annual General Meeting in Brisbane today and several shareholders pointed out that in the last financial year, Suncorp was hit by losses from natural disasters of $473 million above provisions. The Brisbane hailstorm in November, Cyclone Marcia in February and NSW storms in … Read More