MEDIA RELEASE Thursday 26 September: More than 1,000 UniSuper members, including leading climate scientists and academics have signed an open letter to the Board of Directors calling on the fund to immediately oppose APA Group’s plans to develop pipelines that would...
APA Group
Shareholders file first ever climate resolution on Australian gas pipeline company
MEDIA RELEASE Wednesday 21 August: Market Forces has filed a resolution on behalf of 128 APA Group shareholders calling on the company to disclose how it is managing the emissions from new gas infrastructure, including planned Beetaloo basin pipelines, in line with...
Big four Australian banks pour $3.6 billion into fossil fuels in 2023
MEDIA RELEASE Tuesday 16 July: A new report by Market Forces reveals Australia’s big four banks have poured more than AU$61 billion into fossil fuels since the global agreement to limit climate change was adopted in Paris over eight years ago. The analysis finds ANZ,...
NAB responds to shareholder warning on fossil fuel funding
NAB’s update is welcome progress but still falls short of alignment with the bank’s climate commitments.
APA quizzed on gas plans inconsistent with the Paris Agreement
22 October 2020 Today’s AGM saw Australia’s biggest gas pipeline company quizzed about its plans to expand gas infrastructure. Plans that are inconsistent with the climate goals of the Paris Agreement. Just two months ago, 25 leading scientists at Australian...
Australia’s major political parties, brought to you by fossil fuels!
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APA’s gas pipe dreams A-OK with investors
24 October 2019 Australia's biggest gas pipeline company's plans for gas expansion are inconsistent with the climate goals of the Paris Agreement. But investors don't seem to care. With gas use for primary energy expected to fall to 25% by 2030 under a 1.5°C warming...