BHP commits to reaching net-zero emissions by 2050

7 November, 2019 BHP Chair Ken MacKenzie has publicly applauded the European Commission’s proposal to achieve net-zero emissions by 2050. However, until now it has been unclear as to whether BHP will adopt the same goals. This appears to have resolved at today’s annual general meeting in Sydney, where a … Read More

BHP stands by climate-wrecking MCA

Protestors against BHP

Melbourne, 16 November 2017 Yesterday’s BHP Billiton Annual General Meeting in Melbourne was notable for protests outside, and unhappy shareholders inside, who questioned the company’s record on climate change, its relationship with indigenous peoples and its response to the Samarco dam disaster in 2015. BHP is Australia’s largest diversified mining … 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

Allianz, world’s largest insurer, dumps coal

24 November 2015 Allianz Investment Management, the money management arm of the largest insurer in the world, has committed to divesting coal from their portfolios. The firm manages in excess of EUR 600 billion of assets covering the liabilities of the insurer. In an interview with broadcaster ZDF, Chief Investment … Read More