25 July 2019 Macquarie Group’s annual general meeting today saw the company face community and shareholder backlash over its advisory role on the huge Rio Grande liquefied natural gas (LNG) project in the United States. While Macquarie has made some good progress on climate risk disclosure this year, the company’s … Read More
Macquarie Chairman “not aware” of TCFD’s climate risk disclosure recommendations
At today’s annual general meeting in in Melbourne, Macquarie Group Chairman Peter Warne made the startling admission that he “was not familiar” with the recommendations of the Financial Stability Board’s Task Force on Climate-related Disclosures (TCFD). While the TCFD may not be well known in the wider community, its work and … Read More
Climate change denial goes mainstream at Macquarie AGM
28 July 2016 “There are two sides to this debate.” These were the remarks of the Macquarie Group Chairman Peter Warne, after their AGM descended into somewhat of a farce earlier today, as shareholders asked tough questions of a bank that is fast becoming a significant fossil fuel player and … Read More