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Media Release: ANZ, NAB face shareholder resolutions on climate action

by Jack Bertolus | Oct 2, 2020 | Banks, Divestment, Fossil Fuels, Media releases

ANZ and NAB called upon to reduce exposure to fossil fuels in line with the Paris Agreement’s climate change goals. Thursday 1 October 2020 Environmental finance organisation Market Forces is today lodging shareholder resolutions with ANZ and NAB. The resolutions call...
Media release: ANZ to ditch companies without a climate plan

Media release: ANZ to ditch companies without a climate plan

by Jack Bertolus | Sep 8, 2020 | Banks, Media releases

Will this mean it says ‘no’ to a $500m loan to gas company Santos? 9 September 2020 ANZ CEO Shayne Elliot says the bank will drop customers who fail to develop low carbon transition plans. Speaking at ANZ’s 2020 ESG briefing yesterday, Elliot said:...

Media release: Fossil fuel lending by Australian banks tops AU$35bn

by Jack Bertolus | Jul 8, 2020 | Media releases

New Market Forces analysis – Funding Climate Failure Wednesday 8 July, 2020: Despite repeated pledges and policies to the contrary, Australia’s big four banks have once again increased funding to the expansion of the fossil fuel industry over the past year. The...
ANZ grilled on climate inaction and secret coal plan

ANZ grilled on climate inaction and secret coal plan

by Julien Vincent | Dec 17, 2019 | Banks, Feature, News, Shareholder action at AGMs

17 December 2019 Coal lending was on the agenda two weeks before ANZ’s annual shareholder meeting in Brisbane today, as revelations hit the news that ANZ had a secret plan to slash its thermal coal mining loans by 75% (representing more than $700 million) by...

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