Prairie Mining directors still failing to meet legal obligations

Coal feeder

November 18, 2019 Last year, Prairie Mining Ltd chair Ian Middlemas was singled out by the Guardian as a director that may be struggling to understand his legal obligation to consider the risks that climate change poses to the business. Middlemas’ statements at Prairie Mining’s 2018 annual general meeting showed … Read More

Magellan can’t see risks to its own business

Magellan Financial Group’s (MFG) deputy investment officer Dominico Giuliano recently made statements in the media about the need for accurate climate risk disclosure. At its annual general meeting (AGM) today, however, the company seemed to think that climate change risks didn’t apply to them Serious oversight Earlier this year, Giulano publicly scolded some … Read More

QBE to review climate risk of investments and underwriting

16 August 2018 Yesterday, volunteers from Market Forces and 350.org visited QBE’s head office in Sydney and spoke to staff about its climate change policies. QBE, Australia’s largest global insurer, is facing increasing pressure to end its support for fossil fuels. The company is an important provider of insurance to … Read More