14.5% of shareholders tell Woodside to start winding down production

19 May 2022 Responding to the shareholder vote on the Market Forces-coordinated shareholder resolution at Woodside’s AGM in Perth today, Market Forces Asset Management Campaigner Will van de Pol said: “Today 49% of Woodside’s shareholders rejected the company’s utterly inadequate approach to climate change, the largest vote against any Say … Read More

Seems financial institutions can divest after all

1 April 2022 The flight of capital from the Russian economy since the invasion of Ukraine has torn many of the finance sector’s arguments against fossil fuel divestment to shreds. In this devastating case of the invasion of Ukraine, investor action has come far too late. For years, and especially … Read More

NAB: withdraw investment in the Coastal GasLink pipeline

WetWet'suwet'en solidarity - Coastal GasLink pipeline

Despite its commitments to net-zero by 2050 and the Paris Agreement, NAB has continued pumping hundreds of millions of dollars into projects that expand the fossil fuel industry and the companies pursuing them. Last year, it loaned CA$117.5 million to the 670km climate-wrecking Coastal Gaslink pipeline in Canada. Based on … Read More

Shareholders call for true climate leadership from BHP

Updated 9am, 12 November 2021 A total of 14.2% of BHP Group’s investors have defied the board to demand the company responsibly wind up its fossil fuel production assets in line with its stated support for net zero emissions by 2050. This morning’s ASX announcement of the combined votes for … Read More

Narrabri gas plans undermine APA’s net zero claims

Narrabri residents say no to coal seam gas. Credit - Lock the Gate Alliance / Joseph McGrath

21 October 2021 Australia’s biggest gas pipeline company, APA, has recently adopted an ambition to reach net zero operational emissions by 2050. It also regularly refers to driving the energy transition to support the Paris climate goals, and a net zero by 2050 outcome. However, at its annual general meeting … Read More

Tell GIP: don’t enable Woodside’s climate-wrecking Scarborough gas project

18 October 2021 After thousands of community members took action, infrastructure investor Brookfield has reportedly decided not to partner with Woodside on its climate-wrecking Scarborough-Pluto gas project. This is great news, and a reward for the efforts of community members who have made a stand against this project. But Brookfield’s … Read More