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

Climate change denial goes mainstream at Macquarie AGM

28 July 2016 “There are two sides to this debate.” These were the remarks of the Macquarie Group Chairman Peter Warne, after their AGM descended into somewhat of a farce earlier today, as shareholders asked tough questions of a bank that is fast becoming a significant fossil fuel player and … Read More

How does Westpac measure up on climate?

2 December 2015 We’re in a time of year usually defined by the United Nations climate change negotiations, currently underway in Paris. But we’re also in the middle of annual general meeting (AGM) season for Australia’s big banks, and a parade of glossy brochures and statements that update the banks’ policies … Read More