Wagners willing to risk business for Adani

31 October 2019 Construction company Wagners made it clear at its annual general meeting (AGM) in Queensland yesterday that it is not concerned by the reputational and financial risks of working on the controversial Adani Carmichael coal project. The company, which has seen significant drops in its share price over … Read More

IAG Shareholder action

Take Action: Write to IAG and ask it to follow-through on the commitments made at its 2019 annual general meeting. IAG AGM report: 25 October 2019 At its annual general meeting (AGM) in Sydney today, IAG faced calls from investors to fully disclose its fossil fuel investment exposure and set … Read More

Which super fund did you leave?

If you’re a member of a super fund that doesn’t invest in fossil fuels, you’ve already taken action to align your money with your values. But there’s one more thing you can do to have maximum impact. We’re collecting information about how many members have switched out of their super … Read More

IAG obscures its fossil fuel investments

25 October 2019 At its annual general meeting (AGM) in Sydney today, IAG faced calls from investors to fully disclose its fossil fuel investment exposure and set targets to reduce that exposure in line with limiting global warming to 1.5 degrees. IAG’s chair said getting fossil fuel exposure down to … Read More

South32 lagging on climate plans

24 October 2019 South32’s failure to bring forward emission reduction plans and commit to addressing downstream emissions leaves the company behind its big mining peers. Diversified miner South32 today confirmed it won’t be updating its emission reduction plans and targets until 2021. This will leave the company behind its big … Read More

Worley rules out Adani, but fossil fuels still on the agenda

21 October 2019 After years of pressure, Worley has finally confirmed it “has no intention” of working on the Adani Carmichael coal mine project. Engineering firm Worley was previously engaged to provide the design and construction of Adani’s original railway plan to haul coal from the Carmichael mine to the … Read More

Aurizon AGM dominated by Adani concerns

17 October 2019 Aurizon’s annual general meeting (AGM), held in Brisbane today, was dominated by concerns over Aurizon’s potential involvement in the destructive Adani Carmichael coal project. Both shareholders inside the meeting and #StopAdani activists outside called on the rail freight company to refuse to provide coal haulage services to … Read More

Getting out of coal can’t save CommBank scrutiny at its AGM

16 October 2019 In August, Commonwealth Bank took a major step forward when it committed to get out of thermal coal by 2030, a commitment that no other major bank has so far made. Today, shareholders showed their appreciation for this commitment, but quickly moved to hold the bank to … Read More