by Julien Vincent | Oct 10, 2019 | Banks, Coal, Feature, Fossil Fuels, News
10 October 2019 Market Forces has lodged shareholder resolutions with NAB, ANZ and Westpac, calling on the three major banks to reduce their exposure to coal, oil and gas in line with the climate goals of the Paris Agreement. The resolutions come after the major banks...
by Julien Vincent | Aug 7, 2019 | Banks, Coal, Feature, Fossil Fuels, News
7 August 2019 Great news! Commonwealth Bank has become the first in Australia to signal an end to thermal coal exposure! In its latest policy update, the bank has said it will: continue to reduce its thermal coal mining and coal-fired power generation exposures with a...
by Julien Vincent | Aug 7, 2019 | Banks, Coal, Media releases, News
New fossil fuel projects must prove carbon compliance Wednesday 7 August 2019 In today’s commitment, made in the bank’s new Environmental and Social Framework, to exit thermal coal by 2030, Commonwealth Bank has issued a stark warning to industry and policy-makers...
by Jack Bertolus | Jan 16, 2019 | Banks, Coal, Feature, Fossil Fuels, Gas, Research
January 2019 Australia’s major banks have been getting back into fossil fuels over the last year, casting doubt on their seriousness in tackling climate change through their investments. This study compares the banks’ reported exposures to fossil fuels and...
