by Kyle Robertson | Nov 16, 2023 | Banks, Blog, Divestment, Feature, Fossil Fuels, News, Santos
16 November 2023 All big four Australian banks have now released updated fossil fuel finance restrictions this year that have, to varying degrees, moved the dial on what they can’t finance going forward. But, like everything with the banks – the devil is in the...
by Kyle Robertson | Nov 10, 2023 | Banks, Blog, Divestment, Feature, Fossil Fuels, News, Santos
10 November 2023 Yesterday NAB announced that from 1 October 2025 it will require the majority of fossil fuel companies to have Paris-aligned transition plans in place in order to provide additional lending. From that deadline, to get a corporate or project...
by Kyle Robertson | Nov 8, 2023 | Banks, Blog, Divestment, Feature, Fossil Fuels, News, Santos, Woodside
8 November 2023 This week Westpac announced a host of new project finance restrictions for new and expanded fossil fuel projects, but also walked back a key policy that restricts finance to the companies developing them. In a disappointing regression on its...
by Will van de Pol | Oct 11, 2023 | Blog, Feature, News
11 October 2023 Today, Commonwealth Bank faced questions from shareholders over the remaining gaps in its climate policy. This year, Market Forces, along with hundreds of shareholders decided not to file a resolution on climate-related risk at the CommBank AGM. This...
by Kyle Robertson | Aug 9, 2023 | Blog, Divestment, Feature, Fossil Fuels, News, Santos
9 August 2023 This morning Commonwealth Bank announced a host of new fossil fuel finance restrictions, bringing Australia’s biggest bank closer to alignment with its commitments to the goals of the Paris Agreement and net zero emissions by 2050. Announcing a series of...
