13 November 2017 Australia’s biggest health insurer today announced it will divest from fossil fuels due to the negative health impacts of climate change. This is a huge win for the thousands of shareholders, customers and other members of the community who have contacted Medibank to point out the contradiction … Read More
Media Release: Climate change spurs Medibank fossil fuel divestment
Monday 13 November, 2017: Medibank’s announcement it will divest tens of millions of dollars from fossil fuels due to the ‘health effects of climate change’ has been welcomed by environmental finance group Market Forces. The decision came today in an ASX statement in advance of the health insurer’s Melbourne AGM, … Read More
Media Release: HCF Becomes First Health Insurer to Dump Fossil Fuels
Melbourne, 10 February 2017 Finance campaign group Market Forces is welcoming the announcement that private health fund HCF will divest from all fossil fuels in the first quarter of this year. Representing over 680,000 Australians and responsible for $2 billion of assets, HCF holds more than $200 million in equities, … Read More
BHP’s Minerals Council membership touches a nerve
17 November 2016 With operations in over 25 countries, BHP Billiton is one of the world’s largest mining companies. Two years ago the company was rated one of the top twenty most carbon polluting companies. The mining giant has also been involved in several environmental disasters such as the Ok … Read More
Pressure forces Medibank to consider divestment
10 November 2016 Shareholders and health professionals flooded Medibank with question about their fossil fuel investments and preparedness for climate change at their annual general meeting (AGM) on Wednesday in Melbourne, prompting the Chairwoman to commit to considering divesting the company from coal, oil and gas. Medibank understands the importance … Read More