8 December 2017 Westpac today all but confirmed it would not refinance the Abbot Point coal terminal, striking another blow to the crippled Adani coal mine. Climate related questions dominated the opening of question time at the bank’s annual general meeting in...
coal
Chinese banks rule out Carmichael coal mine!
[cs_content][cs_element_section _id="1"][cs_element_row _id="2"][cs_element_column _id="3"][cs_element_text _id="4"][x_custom_headline level="h5" looks_like="h5" accent="false"]Share the news! [/x_custom_headline][/cs_element_column][/cs_element_row][cs_element_row...
China Construction Bank rules out Adani coal!
[cs_content][cs_element_section _id="1"][cs_element_row _id="2"][cs_element_column _id="3"][cs_element_text _id="4"][/cs_element_column][cs_element_column _id="5"][cs_element_content_area...
South32: More to do on climate risk disclosure
23 November 2017 At its annual general meeting in Perth today, mining company South32 came under pressure from shareholders about its reluctance to take more substantial action on climate change. Earlier this year, South32 became the first mining company in Australia,...
Protestors meet shareholders outside New Hope AGM
20 November 2017 At last week's New Hope annual general meeting, protesters from Lock the Gate, Great Sandy Strait Saviours and the Oakey Coal Action Alliance met shareholders out the front to point out that company money was being wasted on public relations and legal...
Wesfarmers shareholders want actions to match the board’s words
17 November 2017 Yesterday afternoon, consumer staples giant Wesfarmers held their annual general meeting (AGM) in Perth. The AGM saw a big turn-out of more than 2000 shareholders who questioned the board on issues ranging from accountability, risk disclosure, human...
BHP stands by climate-wrecking MCA
Melbourne, 16 November 2017 Yesterday’s BHP Billiton Annual General Meeting in Melbourne was notable for protests outside, and unhappy shareholders inside, who questioned the company’s record on climate change, its relationship with indigenous peoples and its response...
Media release: Commbank confirms coal exit
Chairperson Catherine Livingstone will use today’s AGM to confirm Commonwealth Bank’s exit from investment in coal. In a statement submitted to the ASX and soon to be delivered at the AGM, Ms Livingstone says “our coal funding is comparatively small and has been...
CommBank getting out of coal
[cs_content][cs_element_section _id="1"][cs_element_row _id="2"][cs_element_column _id="3"][cs_element_text _id="4"][/cs_element_column][cs_element_column...
Big banks still nearly $30 billion exposed to coal, oil and gas extraction
All four of Australia's major retail banks have now reported their 2017 full year results and it is clear they are still heavily invested in fossil fuels. Collectively, ANZ, Commonwealth Bank, NAB and Westpac are exposed to coal mining and oil & gas extraction to...