14 December 2022 Over 10% of Westpac's shareholders defied the board to support a formal proposal calling on the bank to demonstrate how its funding won't be used for new fossil fuel projects at today’s annual general meeting (AGM) in Melbourne. The bank was also...
Peter King
Westpac: climate change commitments one week, financing climate-wreckers the next?
2 August 2022 Last week, Westpac announced it was joining the Net-Zero Banking Alliance and made some further climate change commitments that still fail to demonstrably align with the Paris Agreement’s goals. As Westpac made the announcement, another part of the...
Westpac slammed over destructive fossil fuel funding at 2021 AGM
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...
Tell Westpac: net-zero by 2050 = no new fossil fuels
15 December 2021 Post a message on Westpac’s social media! Call out Westpac: share these social media videos! 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...
Spread the word about Westpac’s dirty fossil fuel funding
15 December 2021 Call out Westpac: share these social media posts! Post a message on Westpac’s social media! 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...
Media release: Fossil fuel lending by Australian banks tops AU$35bn
New Market Forces analysis - Funding Climate Failure Wednesday 8 July, 2020: Despite repeated pledges and policies to the contrary, Australia’s big four banks have once again increased funding to the expansion of the fossil fuel industry over the past year. The...