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 Norman receives up to $100,000 per … Read More

Sundance: Not aware of any risks from climate change

  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 Sundance’s unconventional gas … Read More

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 company would also adopt the … Read More

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 held their annual general meeting … Read More

2017 AGM: Rio Tinto ignore community and climate concerns

4 May 2017 Rio Tinto has been taken to task over its slow response to investors’ climate concerns. At the company’s London annual general meeting last year, shareholders passed a resolution calling on the company to disclose their strategy for dealing with the risks of climate change. But Rio is yet to produce the … Read More

Santos shows contempt for investors, climate change, at its AGM

Adelaide, Thursday, 4 May 2017 A resolution that would have directed Santos to disclose the risks climate change poses to its business has been defeated at today’s annual general meeting of the company, which reiterated its intent to explore for more unconventional gas and said that when considering its future under climate … Read More

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

Beach Energy, unconventional and unsafe

10 November 2016 Beach Energy held its annual general meeting (AGM) in Adelaide today, where local campaigners for the protection of agricultural land questioned the efficacy of Beach Energy’s unconventional gas exploration in the Otway Basin. Beach Energy is Australia’s largest onshore oil producer, most active in the Cooper and … Read More