Adelaide Brighton: not making concrete commitments to Paris

10 May 2019Australian cement manufacturer Adelaide Brighton’s CEO Nick Miller said today that there are opportunities to align his company’s emission reduction targets with the Paris climate accord, although made no commitments. His statement was in response to a shareholder at the company’s annual general meeting asking if Adelaide Brighton … Read More

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

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

QBE targeted over fossil fuel support as Australia burns

QBE Billboard in Sydney by Market Forces

4 February 2019 As Australians suffer under record-breaking extreme temperatures, bushfires and floods, Market Forces has launched an outdoor advertising campaign demanding Australia’s major global insurance company end its support for the fossil fuel companies driving global warming. Thanks to donations from Market Forces supporters, the billboard on the City … Read More

Big four banks increase their fossil fuel exposure

January 2019 Australia’s major banks have been getting back into fossil fuels over the last year, casting doubt on their seriousness in tackling climate change through their investments. This study compares the banks’ reported exposures to fossil fuels and renewable energy from 2017 to 2018, finding some very worrying trends. … Read More

NAB hauled over the coals at its 2018 AGM

NAB was forced to lay bare its contradictory climate and environmental, social and governance (ESG) policies highlighting the vast discrepancy between what the bank says, and what it does during question-time at its annual general meeting (AGM) in Melbourne.