QBE leaves door open to oil and gas phase out

Bush fire in Queensland

QBE Insurance faced a barrage of questions as well as a shareholder resolution calling for the company to set targets to phase out its exposure to all fossil fuels at its annual general meeting on 9 May 2019. Although QBE took a big step forward in March when it committed … Read More

Qantas refuses to commit to UN guiding principles on human rights

26 October 2018 It was a circus at the Qantas annual general meeting (AGM) in Brisbane today. Following protests outside the meeting, Australia’s flagship airline faced a shareholder resolution lodged by the Australasian Centre for Corporate Responsibility. It called on Qantas to stop assisting in the deportation of asylum seekers and … Read More

Investors want Whitehaven Coal to disclose climate risk – but not avoid it

Coal trucks

 25 October 2018 Shareholder demands for climate risk disclosure reached a record high in Australia today, as 40% of Whitehaven Coal’s investors supported a resolution demanding the company reveal the financial risks it faces as a result of climate change. Around AUD$2 billion worth of investor support backed the climate … Read More

Aurizon doesn’t want to become ‘public enemy number one’

18 October 2018 Aurizon’s relationship with Indian coal mining giant Adani dominated question time at its annual general meeting in Brisbane today. Last month, Adani proposed a shorter rail line that would link its proposed Carmichael mega mine in the Galilee Basin to Aurizon’s existing Central Queensland Coal Network. “Would … Read More

Stop Adani – National Day of Action and November 1 Tour

10 October 2017 On Saturday concerned citizens around Australia turned out in their thousands to spell it out for the Federal and Queensland governments: the community is strongly against Adani’s Carmichael dirty Galilee Basin coal plans. Market Forces campaigners Matt and Pablo were at the Melbourne event, where over two … Read More

Exposing Westpac with new honest advertising

Westpac puts a lot of effort into building their brand, which includes talking up their sustainability credentials in their advertising. But in reality Westpac has lent billions to dirty fossil fuel projects, and is the only major Australian bank that hasn’t distanced itself from the controversial Adani Carmichael coal mine. … Read More

Westpac tests the patience of ethical investors

9 December 2016 Westpac’s ‘clean and green’ image was shattered today at their Annual General Meeting (AGM) in Adelaide. It started outside the venue where a group of young people presented Westpac with a ‘climate hypocrite’ award for their bankrolling of dirty fossil fuel projects. The world famous fish ‘Nemo’ … Read More

Human rights are great but there’s money to make!

3 November 2016 Downer EDI provides engineering and mining infrastructure services to mining companies. In 2015 it was chosen as a contractor for Adani’s proposed Carmichael coal mine in the Galilee Basin. A coal mine that cannot go ahead if we are to give ourselves a chance of avoiding two … Read More