Net Zero Australian banks fund $3.5bn carbon bomb

18 January 2022 NAB, ANZ and Westpac are among 18 global banks that have trashed any net zero commitments they have by lending1 US$3.49 billion to Global Infrastructure Partners (GIP) for its purchase of a 49% stake in the Pluto LNG Train 2 gas processing facility, paving the way for … Read More

Spread the word about NAB’s dirty fossil fuel funding

NAB Logo

17 December 2021 NAB shareholders are today gathering at the company’s virtual annual general meeting (AGM), where they’ll hold the bank to account for all manner of issues, key among which is NAB’s continued heavy financing for dirty fossil fuels. In fact, Market Forces supported shareholders to lodge a resolution … Read More

Tell NAB: net-zero by 2050 = no new fossil fuels

NAB Logo

17 December 2021 NAB shareholders are today gathering at the company’s virtual annual general meeting (AGM), where they’ll hold the bank to account for all manner of issues, key among which is NAB’s continued heavy financing for dirty fossil fuels. In fact, Market Forces supported shareholders to lodge a resolution … Read More

NAB fails to defend funding for destructive fossil fuel companies

NAB agm 2021

17 December 2021 NAB has been lending heavily for projects and companies expanding the fossil fuel industry. As such, the bank today faced a formal proposal from shareholders telling it to stop funding new coal, oil and gas projects. NAB also faced a bombardment of questions from stakeholders concerned over … Read More

Tell ANZ: net-zero by 2050 = no new fossil fuels

Australia New Zealand Bank

16 December 2021 ANZ shareholders are today gathering at the company’s virtual annual general meeting (AGM), where they’ll hold the bank to account for all manner of issues, key among which is ANZ’s continued heavy financing for dirty fossil fuels. In fact, Market Forces supported shareholders to lodge a resolution … Read More

Spread the word about ANZ’s dirty fossil fuel funding

Australia New Zealand Bank

16 December 2021 ANZ shareholders are today gathering at the company’s virtual annual general meeting (AGM), where they’ll hold the bank to account for all manner of issues, key among which is ANZ’s continued heavy financing for dirty fossil fuels. In fact, Market Forces supported shareholders to lodge a resolution … Read More

ANZ forced to address heavy fossil fuel funding at 2021 AGM

Australia New Zealand Bank

16 December 2021 ANZ faced a formal proposal from shareholders that it commit to stop funding new fossil fuel projects at today’s annual general meeting (AGM). Despite attempts to avoid accountability, the bank’s board also received a barrage of tough questions over its continued heavy funding for fossil fuels, including … Read More

Westpac slammed over destructive fossil fuel funding at 2021 AGM

Westpac AGM 2021

15 December 2021 Westpac faced a formal proposal from shareholders that it commit to stop funding new fossil fuel projects at today’s annual general meeting (AGM). The bank’s board also received a barrage of tough questions over its continued funding for companies expanding the fossil fuel industry, including Santos and … Read More

Tell Westpac: net-zero by 2050 = no new fossil fuels

Westpac logo

15 December 2021 Westpac shareholders are today gathering at the company’s virtual annual general meeting (AGM), where they’ll hold the bank to account for all manner of issues, key among which is Westpac’s continued heavy financing for dirty fossil fuels. In fact, Market Forces supported shareholders to lodge a resolution … Read More

Spread the word about Westpac’s dirty fossil fuel funding

Westpac logo

15 December 2021 Westpac shareholders are today gathering at the company’s virtual annual general meeting (AGM), where they’ll hold the bank to account for all manner of issues, key among which is Westpac’s continued heavy financing for dirty fossil fuels. In fact, Market Forces supported shareholders to lodge a resolution … Read More