Update: 10 am, Saturday 17 December 2016 In news breaking this morning, ANZ's CEO Shayne Elliott told media after the AGM that ANZ's coal mining exposure was shrinking and he didn't see a reversal of that trend, effectively ruling out funding for the Adani Carmichael...
NAB
Media release: NAB’s climate change position makes new fossil fuel projects impossible to fund
Melbourne, 14 November 2016 NAB’s climate change position announced today sets it apart from the major banks, but the real proof will be in its future lending decisions, according to environmental finance campaigners Market Forces. The bank’s “Dig Deeper”...
Whitehaven: A lot to hide this AGM
28 October 2016 Yesterday Whitehaven Coal held their Annual General Meeting in Sydney. They obviously had a lot to hide. While most AGMs are filmed and broadcast, Whitehaven decided to record only the audio, and cut off recording completely before question time. To...
Divestment Day Live!
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Poll reveals high expectations for banks to avoid fossil fuels
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Media release: New polling shows half of customers prepared to change banks over fossil fuels – as prominent Australians demand climate action
Thursday 15 September, 2016: New research released today shows overwhelmingly that Australians want their bank to act on climate change by avoiding fossil fuel projects, with almost half prepared to change banks if their current institution finances projects...
Civil society to banks: get off fossil fuels!
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Australian banks help release another 3 billion tonnes of carbon emissions
9 September 2016 Since late 2015, when Australia's major banks committed to support the goal of holding global warming to below two degrees, they have contributed to deals for new fossil fuel projects capable of adding 3 billion tonnes of CO2 to the atmosphere. A new...
Ten dodgy fossil fuel deals hurting the banks
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Media Release: Australian banks break climate promise, pouring billions into fossil fuels
Melbourne, 4 August 2016 Australia’s major banks have made a mockery of their ‘two degree’ commitments by pouring AU $5.6 billion into the expansion of the fossil fuel industry in the months since the December 2015 Paris climate change agreement. New research released...