14 December 2017 NAB’s new coal mining risk appetite statement goes further than any other major Australian bank by ruling out lending to new thermal coal mines or extensions, according to environmental finance advocates Market Forces. “NAB has lifted the bar above...
policy
Commbank out of Adani but still in deep on fossil fuels
[cs_content][cs_section parallax="false" separator_top_type="none" separator_top_height="50px" separator_top_inset="0px" separator_top_angle_point="50" separator_bottom_type="none" separator_bottom_height="50px" separator_bottom_inset="0px"...
Media release: Commbank to face new shareholder resolution after climate policy fail
Environmental finance group Market Forces will lodge a new shareholder resolution against Commonwealth Bank after its climate change position statement released today fell well short of its publicly-made 2 degree commitments. “Commonwealth Bank is not even pretending...
Analysis: Commbank’s 2017 climate policy update
Westpac Carmichael announcement a boost for customers
[cs_content][cs_section parallax="false" style="margin: 0px;padding: 45px 0px;"][cs_row inner_container="true" marginless_columns="false" style="margin: 0px auto;padding: 0px;"][cs_column fade="false" fade_animation="in" fade_animation_offset="45px"...
Analysis: Westpac’s new climate change policy
[cs_content][cs_section parallax="false" separator_top_type="none" separator_top_height="50px" separator_top_inset="0px" separator_top_angle_point="50" separator_bottom_type="none" separator_bottom_height="50px" separator_bottom_inset="0px"...
Westpac’s new climate policy rules out most new coal mines – including Carmichael!
[cs_content][cs_section parallax="false" separator_top_type="none" separator_top_height="50px" separator_top_angle_point="50" separator_bottom_type="none" separator_bottom_height="50px" separator_bottom_angle_point="50" style="margin: 0px;padding: 20px 0px...
Media Release: Westpac’s coal exclusion means no funding to Adani coal mine
Brisbane, 28 April 2017 Environmental finance campaigning organisation Market Forces has welcomed the climate change policy update released by Westpac today, which makes the bank the latest to rule out funding Adani's Carmichael coal mine. The policy tightens the...
Westpac’s marketing made a little bit more honest
[cs_content][cs_section parallax="false" style="margin: 0px;padding: 5px 0px;"][cs_row inner_container="true" marginless_columns="false" style="margin: 0px auto;padding: 0px;"][cs_column fade="false" fade_animation="in" fade_animation_offset="45px" fade_duration="750"...
Commbank’s climate credentials don’t make it through Paris
7 December 2015 Well that was short lived! A month ago we were celebrating Commonwealth Bank's new Group Environment Policy committing the bank to the goal of limiting global warming to less than two degrees. For a moment, it looked like Commbank really got the issue...