Brisbane, 7 November 2018 At today’s Commonwealth Bank annual general meeting (AGM), chairwoman Catherine Livingstone told shareholders she believed it was unlikely the bank would finance any new 'greenfield' fossil fuels proposals. Such projects include coal mines,...
LNG
CommBank and NAB fund massive new LNG terminal despite 2°C commitments
8 June 2018 Last week we released our Banks 2° Scorecard 2018, an updated account of how the actions of Australia’s big four banks are tracking (or not) to their stated support of the Paris Agreement goal to limit global warming to well below 2°C, compared with...
Media Release: Santos rejects climate shareholder resolution
Santos rejects climate shareholder resolution Tuesday 4 April, 2017: Environmental finance organisation Market Forces has expressed disappointment that Santos’ management has advised shareholders to reject a resolution calling on the company to acknowledge and assess...
Are Santos playing hopenomics with their oil price projections?
30 August 2016 Australian oil and gas giant Santos has been using forward price estimates that are significantly higher than other industry players and reputable brokers. With the likes of Deutsche Bank, Goldman Sachs and Santos' own industry consultants Wood...
Tough questions asked at Woodside AGM
22 April 2016 Woodside Petroleum's annual general meeting in Perth yesterday saw Chairman Michael Chaney and CEO Peter Coleman face questions over political donations and corruption, as well as how their business model - grabbing fossil fuels out of the ground for...