AMP Chairman: “My opinions about climate change are irrelevant”

Ms Coral Bleach at AMP's 2019 AGM in Sydney

2 May 2019 Last year, AMP appointed this man as its new Chairman: With a history of climate-sceptic comments like this, it’s unsurprising that Murray was challenged over his views on climate change at AMP’s annual general meeting in Sydney today. He was given every opportunity to redeem himself when … Read More

Op-ed: Investors must reject climate denial on boards, starting with AMP

Market Forces in the media Will van de Pol, Renew Economy 30 April 2019 Climate change is already dominating the federal election campaign, as Messrs Morrison and Shorten dodge and weave protesters, aghast that either major party’s policy could still allow for massive new coal mines like Adani’s Carmichael project. … Read More

Tell your super fund: Vote for climate action!

April 2019 Through your retirement savings, you can have a say in how many Australian companies are run. Tell your super fund to vote for climate action from corporate Australia. Market Forces has worked with shareholders to put climate action on the agenda at three major Australian company meetings coming … Read More

Do you own a piece of these dirty fossil fuel projects?

Is this your dirty fossil fuel project?

Super funds invest our retirement nest eggs in major infrastructure projects and assets, not just companies. This means you are likely to own a piece of some of the biggest, dirtiest fossil fuels projects on the planet. Market Forces has found widespread investment in fossil fuel infrastructure among Australia’s 50 … Read More

Embattled AMP stands firm over new climate denier chairman

10 May 2018 Acting AMP chief executive Mike Wilkins today dismissed deep concern over incoming chairman David Murray’s controversial views on climate change at the financial services company’s annual general meeting (AGM) in Melbourne.  Wilkins affirmed his backing for Murray, an outspoken climate sceptic, during a fiery question-time session in which furious shareholders grilled the board over revelations of … Read More

AMP appoints climate change denier as chairman

David Murray

The Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry has seen heads roll at AMP, with both the Chair Catherine Brenner and CEO Craig Meller leaving the financial services company. But in news today it was announced that former CEO of Commonwealth Bank and Future Fund Chair David Murray … Read More

#StopAdani Corporate Villains tour of Melbourne, 1 Nov

We are at an important stage of the #StopAdani Campaign. A crucial period where Adani is racing against the clock to reach financial close and convince the Australian Government to fund its climate destruction. We are learning more and more about Adani’s shady business dealings, and it’s time to shed … Read More

Shareholders put climate front and centre

Market Forces is all about empowering community members to hold organisations accountable for their climate and environmental impacts. A major element of this work involves working with shareholders to enable them to raise these issues directly with companies at their annual general meetings (AGMs). In the first half of 2017, … Read More

Revealed: AMP exposed to Adani Abbot Point

11 May 2017 Major Australian financial services company AMP faced intense questioning from concerned shareholders at the company’s annual general meeting in Sydney today after it was revealed AMP Capital has an existing financing relationship with Adani. Adani is the Indian energy giant planning to open up Queensland’s Galilee Basin to … Read More