AWE & Senex Energy: in deep denial

16 November 2016 Shareholders of AWE Ltd and Senex Energy Ltd gathered for their Annual General Meetings today, in Sydney and Brisbane respectively. While it’s a coincidence that their AGMs were held on the same day, there are a number of similarities between the two companies. Both are mid-cap upstream … Read More

Big bonuses to fossil fuel execs for Digging Deeper

Despite the desperate need and global commitment to ditch fossil fuels, our latest report reveals fossil fuel companies are continuing to search for more unburnable carbon. In many cases, exploration is encouraged through executive remuneration packages. Despite their potential influence as significant shareholders, Australia’s super funds are voting for these wasteful bonuses that encourage … Read More

Media Release: Australians hoodwinked by superfunds over multi-million dollar executive fossil fuel exploration bonuses

Melbourne, Thursday 29 September, 2016: A new report released today by environmental finance campaigners Market Forces reveals the multi-million dollar bonuses awarded to Australian and international fossil fuel company executives for expanding reserves which are unburnable under any plausible two degree climate scenario – and the duplicity of superannuation funds … Read More