Westpac tests the patience of ethical investors

9 December 2016 Westpac’s ‘clean and green’ image was shattered today at their Annual General Meeting (AGM) in Adelaide. It started outside the venue where a group of young people presented Westpac with a ‘climate hypocrite’ award for their bankrolling of dirty fossil fuel projects. The world famous fish ‘Nemo’ … Read More

New Hope Group: bravely struggling against reality

18 November 2016 Queensland coal miner New Hope Group owns the New Acland, West Moreton and Bengalla coal mines. As a pure-play coal miner that’s currently trying to expand its Acland operations, New Hope’s current business model is completely out of step with global efforts to curb carbon emissions to … 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

Wesfarmers: not ‘evolving’ quickly enough

11 November 2016 Best known as the parent company of Coles, K-mart, Target, Bunnings and Officeworks, Wesfarmers also owns two open cut coal mines: Curragh in Queensland (100% owned by Wesfarmers) and Bengalla in New South Wales (40% stake). Shareholders attending the Wesfarmers annual general meeting (AGM) asked why the company was … Read More

Human rights are great but there’s money to make!

3 November 2016 Downer EDI provides engineering and mining infrastructure services to mining companies. In 2015 it was chosen as a contractor for Adani’s proposed Carmichael coal mine in the Galilee Basin. A coal mine that cannot go ahead if we are to give ourselves a chance of avoiding two … Read More

Whitehaven: A lot to hide this AGM

28 October 2016 Yesterday Whitehaven Coal held their Annual General Meeting in Sydney. They obviously had a lot to hide. While most AGMs are filmed and broadcast, Whitehaven decided to record only the audio, and cut off recording completely before question time. To bring you up to speed Whitehaven is the company that, … Read More

Suncorp understands the importance of 2ºC, fails to commit to it.

22 September 2016 Creator of the award-winning Skeptical Science website John Cook and Associate Professor Kristen Lyons were among the shareholders attending the Suncorp AGM today in Brisbane, trying to find out why a company that is losing billions of dollars in climate change related damage is not doing anything about it. Suncorp … Read More

Poll reveals high expectations for banks to avoid fossil fuels

Share this Post 17 September 2016 A new survey has shown strong support, especially among customers of the major banks, for action to avoid financing fossil fuel projects that damage the environment and worsen climate change. The poll, conducted by Essential Research for Market Forces, asked over 1,000 Australians about their attitudes … Read More