Salmon giant Tassal’s climate plan smells fishy

31 October 2018 Beleaguered salmon farming company Tassal, infamous for the ABC Four Corners ‘big fish’ report, was today questioned at its AGM on the business risks of global warming and whether it would join the 240 companies worldwide that have signed up to the Task Force for Climate Related … Read More

Cue Energy: not managing climate risk

30 October 2018 Our latest Market Forces Investing in the Dark research shines a spotlight on companies actively managing climate risk, and those lagging behind. Cue Energy is a stand out for not taking climate change and its risks seriously. The oil and gas exploration company doesn’t make it clear … Read More

Boral still won’t rule out working with Adani

30 October 2018 It’s hard to know where to begin with Boral, one of the world’s 160 most polluting companies. You could look at the fact that it’s been shying away from renewables, despite losing $15 million USD from climate-driven weather events in the last financial period. Or that its absolute emissions are … Read More

Qantas refuses to commit to UN guiding principles on human rights

26 October 2018 It was a circus at the Qantas annual general meeting (AGM) in Brisbane today. Following protests outside the meeting, Australia’s flagship airline faced a shareholder resolution lodged by the Australasian Centre for Corporate Responsibility. It called on Qantas to stop assisting in the deportation of asylum seekers and … Read More

Stanmore Coal continues to dodge climate change concerns

26 October 2018 Stanmore Coal are a pure play coal company with several thermal and coking coal mining operations across Queensland. They made headlines in 2015 when they picked up a mothballed mine from Vale and Sumitomo for just $1. In 2016, we published that Stanmore Coal were in denial … Read More

IAG still won’t commit to divest from coal

26 October 2018 “We are feeling the effects of climate change already: we see it in our own industry’s data, which tells us an inescapable truth.” That was CEO Peter Harmer today at Insurance Australia Group (IAG’s) annual general meeting (AGM). His company used the meeting to launch a ‘climate … Read More

South32 ‘getting out of coal’ by investing millions into it

25 October 2018 For a global mining group, South32 has been ahead of its peers not only in their willingness to accept climate science, but also in publicly disclosing the risks the business faces. The company even set an emissions reduction target of net zero by 2050 – not bad … Read More

APA’s pipeline is “head of the snake that is the Pilliga project”

APA protest at 2018 AGM group shot

25 October 2018 “We’re just the truck to get the eggs to market after they’ve been laid,” APA chairman Michael Fraser told a concerned landowner at the gas infrastructure company’s annual general meeting today. Western Plains farmer David Chadwick replied: “We don’t see APA’s pipeline as a chicken-carrier but as … Read More