by Kyle Robertson | Nov 10, 2023 | Banks, Blog, Divestment, Feature, Fossil Fuels, News, Santos
10 November 2023 Yesterday NAB announced that from 1 October 2025 it will require the majority of fossil fuel companies to have Paris-aligned transition plans in place in order to provide additional lending. From that deadline, to get a corporate or project...
by Kyle Robertson | Nov 8, 2023 | Banks, Blog, Divestment, Feature, Fossil Fuels, News, Santos, Woodside
8 November 2023 This week Westpac announced a host of new project finance restrictions for new and expanded fossil fuel projects, but also walked back a key policy that restricts finance to the companies developing them. In a disappointing regression on its...
by Pablo Brait | Apr 15, 2020 | Banks, Feature, News
15 April 2020 Market Forces has coordinated a letter signed by 52 organisations representing 4.2 million people from all over the world, calling on new Westpac CEO Peter King to end Westpac’s practice of loaning money to expansionary coal, oil and gas projects...
by Pablo Brait | Mar 7, 2020 | Banks, Divestment, Feature, News
7 March 2020 The latest data on bank lending to fossil fuels over the last four years shows that Australia’s major banks continue to undermine the Paris Agreement and global action on the climate crisis by lending to dirty fossil fuels. Westpac, Commbank, ANZ and NAB...
