14 November 2018 Globally over 500 companies with trillions of dollars' worth of assets have started to disclose the risks posed by our climate change emergency. But Central Petroleum isn’t one of them. At its annual general meeting in Brisbane yesterday it was...
Lakes Oil & LNG fail to consider the financial impact of climate change
15 November 2018 It was a case of déjà vu this week, with two gas exploration companies almost reading from the same script as they responded to shareholder concerns about climate change resilience at separate annual general meetings (AGM). Lakes Oil and Liquified...
Carnarvon Petroleum – climate change not a financial risk
9 November 2018 Western Australia-based oil and gas exploration company Carnarvon Petroleum made clear at its annual general meeting today that it does not consider climate change as a material financial risk. Chairman P. J. Leonhardt explained he had missed a page of...
Climate change – low priority for Cooper Energy
8 November 2018 Cooper Energy - an Australian gas and oil exploration and production company - was questioned at its annual general meeting (AGM) today about how climate change would affect its business. Oil and gas companies are clearly vulnerable to the impacts of...
Downer board can’t face up to climate questions
1 November 2018 Downer’s board of directors faced questions at today’s annual general meeting about their climate change views and the company’s stance on Australia’s emissions targets. Downer Holdings Company Ltd, as it is listed on the Australian stock exchange, has...
Perpetual has no overarching climate risk strategy
1 November 2018 Financial services giant Perpetual Ltd today failed to inspire any confidence from shareholders concerned about the world's ever growing climate emergency. Grilled over how it plans to manage the risks associated with global warming at its annual...
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...
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...
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...
Bendigo & Adelaide customers in drought, bank still won’t spell it out
30 October 2018 Bendigo and Adelaide Bank is the fifth largest retail bank in Australia and among the top 100 ASX-listed companies. They have a fairly clean record when it comes to fossil fuel investments as they don’t lend to projects in the coal and coal seam gas...