2 May 2018 A resolution calling on Rio Tinto to publish the payments that it makes to groups lobbying on energy and climate policy, and to review whether such memberships are consistent with Rio’s stated support for emissions reductions, featured prominently at the...
climate change
Super funds voting against climate action
Woodside say they have “no stranded assets”
19 April 2018 "We don’t believe that we have stranded assets," said Woodside chairman Michael Chaney when asked about the oil and gas company’s new Scarborough gas field at today’s AGM. Watch the response here: This directly contradicts the findings of UK think tank...
Australian bank policies still lag international peers
[cs_content][cs_element_section _id="1" ][cs_element_layout_row _id="2" ][cs_element_layout_column _id="3" ][cs_element_gap _id="4" ][cs_text]This content was published in March 2018. For the most recent version, click the button below to see our Funding climate...
New analysis shows Australia’s top companies have no climate plan
Media release: Japanese Banks under international fire over Vietnamese coal finance
Tuesday 13 March 2018 An international coalition of civil society organisations has written to SMBC, Mizuho and MUFG, warning of the risks associated with financing the 1,200MW Nghi Son 2 coal-fired power plant in Thanh Hoa province, Vietnam. The project is sponsored...
AECOM: “Like a dentist handing out candy”
[cs_content][cs_element_section _id="1"][cs_element_row _id="2"][cs_element_column _id="3"][cs_text _order="0"]It’s getting lonely for Adani in their destructive quest to build the Carmichael coal mine and railway line.Twenty-eight major banks across four continents...
Media release: Standard Chartered breaches own climate change commitment, funds coal plant in Vietnam
Friday 9 February 2018 The London-based bank Standard Chartered is reportedly in line to co-finance the planned 1,200MW Nghi Son 2 coal-fired power plant in Thanh Hoa province, Vietnam. It is understood that the sponsors of the plant are seeking to finalise key...
Media release: Singaporean banks blowing smoke on climate
A new analysis from environmental finance group Market Forces shines a light for the first time on Singaporean banks’ continued funding of the coal industry, despite public pronouncements on climate action. Market Forces analysed data relating to the lending activity...
ANZ doesn’t intend for coal exposure to increase
19 December 2017 Climate change was a popular topic at ANZ’s annual general meeting (AGM) today in Sydney. Even before the meeting started, shareholders were greeted by Santa and some elves, who were handing out fliers highlighting ANZ’s fossil fuel lending. Inside...