4 February 2022 Earlier this week, UK and Bermuda-based Convex Insurance published a statement confirming it “will not insure the construction or operation of any new thermal coal mine and/or its dedicated infrastructure”. This commitment means Convex has ruled itself...
Coal port operator Adani Ports no longer part of UN’s Race to Zero
19 January 2022 Back in December, Market Forces drew attention to the fact that Adani Ports and Special Economic Zone’s (Adani Ports) removal from the Business Ambition for 1.5C campaign run by the Science Based Targets Initiative (SBTi) should also see it removed...
Convex’s first sustainability statement pointless without concrete action on coal and tar sands.
23 December 2021 With Adani’s insurance options both inside and outside the Lloyd’s of London market rapidly shrinking, one of the laggards still open to insuring the Adani Carmichael project is UK and Bermuda-based Convex Insurance. Last week, Convex Insurance...
Spread the word about NAB’s dirty fossil fuel funding
17 December 2021 Call out NAB: share these social media posts! Post a message on NAB’s social media! NAB shareholders are today gathering at the company’s virtual annual general meeting (AGM), where they’ll hold the bank to account for all manner of issues, key among...
Tell NAB: net-zero by 2050 = no new fossil fuels
17 December 2021 Post a message on NAB’s social media! Call out NAB: share these social media videos! NAB shareholders are today gathering at the company’s virtual annual general meeting (AGM), where they’ll hold the bank to account for all manner of issues, key among...
NAB fails to defend funding for destructive fossil fuel companies
17 December 2021 NAB has been lending heavily for projects and companies expanding the fossil fuel industry. As such, the bank today faced a formal proposal from shareholders telling it to stop funding new coal, oil and gas projects. NAB also faced a bombardment of...
Tell ANZ: net-zero by 2050 = no new fossil fuels
16 December 2021 Post a message on ANZ’s social media! Call out ANZ: share these social media videos! ANZ shareholders are today gathering at the company’s virtual annual general meeting (AGM), where they’ll hold the bank to account for all manner of issues, key among...
Spread the word about ANZ’s dirty fossil fuel funding
16 December 2021 Call out ANZ: share these social media posts! Post a message on ANZ’s social media! ANZ shareholders are today gathering at the company’s virtual annual general meeting (AGM), where they’ll hold the bank to account for all manner of issues, key among...
ANZ forced to address heavy fossil fuel funding at 2021 AGM
16 December 2021 ANZ faced a formal proposal from shareholders that it commit to stop funding new fossil fuel projects at today’s annual general meeting (AGM). Despite attempts to avoid accountability, the bank’s board also received a barrage of tough questions over...
Westpac slammed over destructive fossil fuel funding at 2021 AGM
15 December 2021 Westpac faced a formal proposal from shareholders that it commit to stop funding new fossil fuel projects at today’s annual general meeting (AGM). The bank’s board also received a barrage of tough questions over its continued funding for companies...