Shareholder win! Oil Search commits to climate risk disclosure

19 May 2017 After months of pressure from shareholders, Oil Search confirmed at their AGM today that the company would commit to conduct and release an analysis of how it performs in a scenario where global warming is contained to 2 degrees and 1.5 degrees. The company would also adopt the … Read More

Woodside AGM: More Oil & Gas = More Emissions

5 May 2017 Australia’s largest listed oil and gas producer, Woodside Petroleum, held their Annual General Meeting in Perth today, where chairman Michael Chaney made quite possibly the clearest case for reducing carbon emissions. Woodside is Australia’s tenth largest carbon emitter, responsible for over 10 million tonnes of CO2 equivalent … Read More

Santos shows contempt for investors, climate change, at its AGM

Adelaide, Thursday, 4 May 2017 A resolution that would have directed Santos to disclose the risks climate change poses to its business has been defeated at today’s annual general meeting of the company, which reiterated its intent to explore for more unconventional gas and said that when considering its future under climate … Read More

Media Release: Santos rejects climate shareholder resolution

Santos rejects climate shareholder resolution Tuesday 4 April, 2017: Environmental finance organisation Market Forces has expressed disappointment that Santos’ management has advised shareholders to reject a resolution calling on the company to acknowledge and assess the risks posed to its business by climate change. The resolution would bring Santos in … Read More

Media Release: Australians reject super funds’ trillion-dollar secret

Melbourne, Friday 23 September, 2016: According to analysis by environmental finance campaigners Market Forces, 83% of assets under management in Australia’s fifty largest superannuation funds are undisclosed, equating to nearly $1 trillion of assets. The analysis comes as new polling commissioned by Market Forces reveals 86% of Australians believe they … Read More