Wednesday 30 October: Market Forces has joined with more than 100 shareholders calling on investors to vote against Whitehaven Coal’s remuneration plan for its executives at the company’s annual general meeting (AGM) today. New Market Forces analysis finds Whitehaven...
fossil fuels
Australia’s sovereign wealth fund invests $1 billion in big coal and gas
Thursday 24 October: New Market Forces analysis reveals that the Future Fund has more than $1 billion invested in three of Australia’s biggest fossil fuel expanding companies, Woodside Energy, Santos and Whitehaven Coal. The analysis finds the Future Fund is a top 10...
Big four Australian banks pour $3.6 billion into fossil fuels in 2023
MEDIA RELEASE Tuesday 16 July: A new report by Market Forces reveals Australia’s big four banks have poured more than AU$61 billion into fossil fuels since the global agreement to limit climate change was adopted in Paris over eight years ago. The analysis finds ANZ,...
NAB responds to shareholder warning on fossil fuel funding
NAB’s update is welcome progress but still falls short of alignment with the bank’s climate commitments.
ANZ rules out Papua LNG, leaves the door open to fund climate wrecking companies
This week ANZ announced that it would no longer provide direct financing to new or expanded oil and gas fields, new liquefied natural gas (LNG) export plants, and won’t bank any oil and gas company not already on their books. The announcement means that all big four...
Southeast asian banks must dump Indonesian coal
Profusion of standards has allowed companies to obscure potential financial impact
Big coalition of civil society organisations put AustralianSuper on notice
Today, AustralianSuper received a strong message from a big coalition of climate, environment and other civil society organisations, urging the fund to live up to its climate commitments and push for an end to Woodside’s reckless oil and gas expansion plans. The...
TotalEnergies（トタルエナジーズ ）の主要銀行がパプアLNGへの資金提供拒否
ヨーロッパ第3位の銀行である Crédit Agricole（クレディ・アグリコル）は、先週 TotalEnergies（トタルエナジーズ ）に対して大きな打撃を与え、トタルエナジーズが提案しているパプア液化天然ガスプロジェクト（パプア LNG）への資金提供をしないと宣言しました。...
TotalEnergies’ bankers deliver major blow to Papua LNG carbon bomb
Crédit Agricole, Europe’s third largest bank, has delivered a major blow to TotalEnergies this week, declaring it will not finance Total’s proposed Papua Liquefied Natural Gas project (Papua LNG). Despite being the financial advisor to the project, and one of...
Japan should lead the way on disclosure of climate risk
Profusion of standards has allowed companies to obscure potential financial impact