Oil Search and Santos are two of Australia’s largest oil and gas companies – and neither is addressing the risks of climate change. Oil Search is one of the biggest companies operating in Papua New Guinea, a country already feeling the effects of climate change. Sea...
Santos shareholders lodge climate risk resolution
6 March 2017 Market Forces and over 100 individual shareholders have filed a resolution with the oil and gas major, Santos, demanding the company acknowledge and assess the risks posed to its business by climate change. The resolution is the first attempt to enforce...
Shareholders revolt over ANZ’s climate destruction
Update: 10 am, Saturday 17 December 2016 In news breaking this morning, ANZ's CEO Shayne Elliott told media after the AGM that ANZ's coal mining exposure was shrinking and he didn't see a reversal of that trend, effectively ruling out funding for the Adani Carmichael...
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...
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...
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...
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...
Aurizon fails to see writing on the wall for Adani and Australian coal
18 October 2016 The Galilee Basin has been one of the biggest flashpoints in the fight against fossil fuels in Australia. There is enough coal in the Galilee to produce a massive 705 million tonnes of carbon each year, which is more than our current domestic...
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...
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...