Tuesday 16 June: New analysis reveals Australia’s top 30 superannuation funds have invested in just a fraction (4%) of the renewable energy capacity needed to meet Australia’s mandated 2030 climate goals. The Australian Government has set a target to achieve 82%...
investment
Top super fund re-invests in coal expansion
MEDIA RELEASE Tuesday 25 June: New Market Forces analysis reveals a top 30 super fund has walked back its fossil fuel exclusion policy, re-exposing its members’ retirement savings to one of Australia’s biggest thermal coal miners, Whitehaven. The new research finds...
IAG Shareholder action
Take Action: Write to IAG and ask it to follow-through on the commitments made at its 2019 annual general meeting. IAG AGM report: 25 October 2019 At its annual general meeting (AGM) in Sydney today, IAG faced...
IAG obscures its fossil fuel investments
25 October 2019 At its annual general meeting (AGM) in Sydney today, IAG faced calls from investors to fully disclose its fossil fuel investment exposure and set targets to reduce that exposure in line with limiting global warming to 1.5 degrees. IAG's chair said...
Media release: Suncorp shareholders demand phase out of fossil fuel exposure
Thursday, 25 July 2019 Market Forces has lodged a shareholder resolution on behalf of over 100 Suncorp shareholders, calling on the insurer to set targets to reduce its investment and underwriting exposure to coal, oil and gas in line with the Paris Agreement’s goal...
Media Release: Market Forces welcomes QBE’s end to coal finance
Saturday 30 March, 2019: The announcement today by Australia’s largest insurer, QBE, to end its support for the coal industry has been welcomed by environmental finance group Market Forces. “QBE’s decision to withdraw insurance from the coal industry is business and...
New analysis shows Australia’s top companies have no climate plan
Media Release: Australia desperately needs climate risk disclosure recommendations
 29 June 2017 Reacting to the release of the Financial Stability Board's final recommendations from its Task Force on Climate Change-Related Financial Disclosures (TCFD), Market Forces Analyst Daniel Gocher said: "These recommendations are sorely needed in Australia,...
Investing in the Galilee Basin on the agenda of the QIC
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Analysis: Westpac’s new climate change policy
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