For all the environmental and climate destruction wrought by the fossil fuel industry here in Australia and globally, you’d think there must be a significant payback through taxes, right? Well, sadly, there are ways for massive fossil fuel companies to minimise their...
oil
Climate denial alive and well at Armour Energy
27 November 2019 Shareholders of Armour Energy were stunned during the company’s annual general meeting in Brisbane yesterday by Chairman Nicholas Mather’s outrageous claim that human beings are not the cause of climate change. In response to a question from a...
Super funds let Beach Energy off the hook on climate change
26 November 2019 Another week, another Australian fossil fuel company belies super funds' climate engagement claims. Earlier this year, Market Forces named oil and gas producer Beach Energy as one of the 21 big Australian companies undermining climate action. With...
Horizon Oil’s expansion undermines Paris climate goals
22 November 2019 Horizon Oil's cursory approach to climate risk disregards the reality that the Paris Agreement leaves no room for oil expansion. According to its Sustainability Report, Horizon Oil is working towards full implementation of the G20 Task Force on...
Seven Group Holdings has no fossil fuel exit plan
20 November 2019 In response to shareholder questioning at Seven Group Holdings' annual general meeting in Sydney today, Director Terry Davis confirmed the company has no exit plan for its oil and gas businesses. With ownership stakes in a range of businesses and...
Whitebark Energy: “No question” about oil and gas demand increasing
11 November 2019 Whitebark Energy's shortcomings on climate risk disclosure and management were top of the agenda for shareholders attending the oil and gas company's AGM in Perth today. Whitebark Energy owns oil and gas exploration and production assets in Canada and...
How many years has Central Petroleum got left?
7 November 2019 Oil and gas producer and explorer Central Petroleum was today challenged over its token efforts to understand and respond to climate change risks. Central Petroleum listed climate change, and particularly potential carbon pricing, as a principal risk...
IAG Shareholder action
Take Action: Write to IAG and ask it to follow-through on the commitments made at its 2019 annual general meeting. IAG AGM report: 25 October 2019 At its annual general meeting (AGM) in Sydney today, IAG faced...
Which super fund did you leave?
If you're a member of a super fund that doesn't invest in fossil fuels, you’ve already taken action to align your money with your values. But there’s one more thing you can do to have maximum impact. We’re collecting information about how many members have switched...
IAG obscures its fossil fuel investments
25 October 2019 At its annual general meeting (AGM) in Sydney today, IAG faced calls from investors to fully disclose its fossil fuel investment exposure and set targets to reduce that exposure in line with limiting global warming to 1.5 degrees. IAG's chair said...