18 October 2021 After thousands of community members took action, infrastructure investor Brookfield has reportedly decided not to partner with Woodside on its climate-wrecking Scarborough-Pluto gas project. This is great news, and a reward for the efforts of...
Spread the word about Commbank’s dirty fossil fuel funding
13 October 2021 Commonwealth Bank shareholders today gathered at the company’s virtual annual general meeting (AGM), where they held the bank to account for all manner of issues, key among which is Commbank’s continued heavy financing for dirty fossil fuels. In fact,...
Commonwealth Bank rebuked over fossil fuel funding at AGM
13 October 2021 As the International Energy Agency (IEA) prepares to publish the most detailed account of its Net Zero Emissions by 2050 scenario—in which there’s no room for expansion of the fossil fuel industry—Commonwealth Bank’s annual shareholder meeting saw its...
Tell Commbank: net-zero by 2050 = no new fossil fuels
13 October 2021 Post a message on Commbank’s social media! Commonwealth Bank shareholders are today gathering at the company’s virtual annual general meeting (AGM), where they’ll hold the bank to account for all manner of issues, key among which is Commbank’s...
ANZ, NAB and Westpac face climate change shareholder resolutions at AGMs
7 October 2021 Banks called out over their failure to align policy and financing with net-zero by 2050 commitments. Shareholder resolutions have today been lodged with ANZ, NAB and Westpac calling on the banks to end the billions of dollars of finance which continue...
Hamilton Insurance Group sets new low with meaningless ESG principles
5 October 2021 Hamilton’s 116-word statement should be an example to all other insurers of what an ESG (environment, social, governance) policy should NOT look like. Since mid 2020, 28 Lloyd’s of London insurers have answered the call of the #StopAdani campaign...
Deutsche Bank prepares to raise funds for Whitehaven
1 October 2021 Tell Deutsche Bank to back off! Financial news source Debtwire reported last week that Deutsche Bank is preparing to raise funds for Whitehaven Coal’s climate-wrecking coal business. Specifically, Debtwire reports that Deutsche Bank organised a...
Australian record: 55% of AGL shareholders demand emission reductions
22 September 2021 55% of shareholders in Australia's biggest climate polluter, AGL, today demanded the company set targets to reduce its gargantuan emissions in line with the climate goals of the Paris Agreement. This is the highest ever vote in favour of a...
Case for cutting financial ties with Adani Group presented at webinar
21 September 2021 Last week Responsible Investor, in partnership with Market Forces, hosted a webinar entitled Adani Group’s new coal projects: why and how investors need to act. Hundreds of employees of financial institutions, based mainly in Europe and the US east...
NAB and Westpac: Stop funding Whitehaven Coal!
15 September 2021 The federal Environment Minister has just signed-off approval for Whitehaven’s climate-wrecking Vickery coal mine. But Whitehaven still needs to find enough money to match the mine’s $600 million price-tag. Despite stating their support for the Paris...