Senex passes the buck on climate change targets

SENEX field

15 November 2018 When it comes to measuring the financial risk of climate change, not much has changed for oil and gas company Senex over the past three years. In 2016 its auditors declared they did not consider climate risk as a financial risk. In 2017 the board still hadn’t … Read More

AWE & Horizon oil- flying blind

Offshore rig flaring

24 November 2017 We found out today at their respective annual general meetings that both AWE and Horizon Oil do not classify climate risk as a material business risk, despite both companies’ business models relying on continued fossil fuel exploration and production. Horizon Oil CEO admitted to shareholders that climate … Read More

2017 AGM: Rio Tinto ignore community and climate concerns

4 May 2017 Rio Tinto has been taken to task over its slow response to investors’ climate concerns. At the company’s London annual general meeting last year, shareholders passed a resolution calling on the company to disclose their strategy for dealing with the risks of climate change. But Rio is yet to produce the … Read More

Origin Energy: the greenwash is strong in this one

19 October 2016 Origin Energy, one of the top three dirtiest power companies in Australia, held its annual general meeting today. The board dodged and weaved questions on fracking, fugitive emissions and 2C commitments, while hiding behind their measly renewable energy that currently makes up less than 5% of its electricity generation. … Read More

IAG Commits To 2 Degrees

19 August 2016 Insurance Australia Group (IAG) today became the first Australian insurance company to commit to the 2015 Paris Agreement to limit global average temperature rise to two degrees. You’d think insurance companies would have been the first institutions to acknowledge and support actions to address climate change, given … Read More