15 November 2018 "We’ll be doing everything we can as a company to slow down climate change" Fortescue Metals Group (FMG) chairman Andrew Forrest told shareholders today. Forrest's proclamation at the company’s annual general meeting (AGM) was a respectable one,...
Senex passes the buck on climate change targets
15 November 2018 When it comes to measuring the financial risk of climate change, not much has changed for oil and gas company Senex over the past three years. In 2016 its auditors declared they did not consider climate risk as a financial risk. In 2017 the board...
Climate change risks not on Central Petroleum’s radar
14 November 2018 Globally over 500 companies with trillions of dollars' worth of assets have started to disclose the risks posed by our climate change emergency. But Central Petroleum isn’t one of them. At its annual general meeting in Brisbane yesterday it was...
Lakes Oil & LNG fail to consider the financial impact of climate change
15 November 2018 It was a case of déjà vu this week, with two gas exploration companies almost reading from the same script as they responded to shareholder concerns about climate change resilience at separate annual general meetings (AGM). Lakes Oil and Liquified...
Climate change – low priority for Cooper Energy
8 November 2018 Cooper Energy - an Australian gas and oil exploration and production company - was questioned at its annual general meeting (AGM) today about how climate change would affect its business. Oil and gas companies are clearly vulnerable to the impacts of...
CommBank: All talk, still no walk on fossil fuel finance
Brisbane, 7 November 2018 At today’s Commonwealth Bank annual general meeting (AGM), chairwoman Catherine Livingstone told shareholders she believed it was unlikely the bank would finance any new 'greenfield' fossil fuels proposals. Such projects include coal mines,...
Cue Energy: not managing climate risk
30 October 2018 Our latest Market Forces Investing in the Dark research shines a spotlight on companies actively managing climate risk, and those lagging behind. Cue Energy is a stand out for not taking climate change and its risks seriously. The oil and gas...
Boral still won’t rule out working with Adani
30 October 2018 It’s hard to know where to begin with Boral, one of the world's 160 most polluting companies. You could look at the fact that it's been shying away from renewables, despite losing $15 million USD from climate-driven weather events in the last financial...
APA’s pipeline is “head of the snake that is the Pilliga project”
25 October 2018 "We’re just the truck to get the eggs to market after they've been laid," APA chairman Michael Fraser told a concerned landowner at the gas infrastructure company's annual general meeting today. Western Plains farmer David Chadwick replied: "We don’t...
Northern Territory traditional owners challenge Origin Energy’s board on fracking consent
17 October 2018 Traditional owners travelled all the way from the Northern Territory for Origin Energy’s annual general meeting (AGM) today in Sydney to challenge the company that wants to frack their land. Since the Northern Territory scrapped its fracking ban in...