27 September 2017 At AGL's annual general meeting (AGM) today in Melbourne, 126 shareholders, collectively holding a position in the company worth $5.4 million, delivered a statement, supporting the board's decision to close its Liddell coal power station in 2022. The...
AGM
Suncorp to divest from fossil fuels?
21 September 2017 At Suncorp's Annual General Meeting (AGM) in Brisbane today, company chair Ziggy Switkowski made the quite unexpected commitment to reduce the company's fossil fuel exposure to an 'immaterial' amount over the next two years. The revelation came in...
Media Release: Shareholders move to force Commbank to manage climate risk
28 August 2017 Shareholders have lodged a first-of-its-kind resolution with Commonwealth Bank that would embed climate change risk management into its constitution. It comes a month after shareholders began court proceedings against the bank over its failure to...
Macquarie Chairman “not aware” of TCFD’s climate risk disclosure recommendations
At today's annual general meeting in in Melbourne, Macquarie Group Chairman Peter Warne made the startling admission that he "was not familiar" with the recommendations of the Financial Stability Board’s Task Force on Climate-related Disclosures (TCFD). While the TCFD...
Shareholders put climate front and centre
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Dr. Anne Poelina and Micklo Corpus defend country at Buru’s AGM
Outside the Buru Energy Annual General Meeting (AGM) 20-30 people gathered in support of Traditional Custodians  Micklo Corpus Yawuru and Dr Anne Poelina, a Nyikina Warrwa woman from the West Kimberley region of Western Australia. Noongar Elder Uncle Ben Taylor,...
FAR: ‘two degrees is laughable in the extreme’
FAR is an Australian owned oil and gas company which operates in Guinea-Bissau, Kenya, Australia and Senegal, a country already facing severe impacts from climate change. Currently the executive bonuses of FAR are tied to how much oil and gas they find. CEO Catherine...
Sundance: Not aware of any risks from climate change
25 May 2017 Sundance Energy, the company that had its annual general meeting in Adelaide today, has had a tough run lately. US Secretary of State and former CEO of Exxon Mobil Mr. Tillerson sued them because he alleged that his $5 million property was in danger due to...
Shareholder win! Oil Search commits to climate risk disclosure
19 May 2017 After months of pressure from shareholders, Oil Search confirmed at their AGM today that the company would commit to conduct and release an analysis of how it performs in a scenario where global warming is contained to 2 degrees and 1.5 degrees. The...
Sino Gas: climate change not a business risk
18 May 2017 Sino Gas is a small Australian owned unconventional gas company which operates in China. Despite the known risks to land, water and human health associated with fracking, the Macquarie Bank has lent to Sino Gas, as have other international banks. Sino Gas...