MEDIA RELEASE: Wednesday 10 August 2022 Environmental finance campaigning organisation Market Forces has responded to Commonwealth Bank of Australia’s latest climate report and targets with a shareholder resolution, calling on the bank to ensure its financing no...
resolution
BHP to close Mt Arthur thermal coal mine by 2030
16 June 2022 BHP today announced it will close its last thermal coal mine, Mt Arthur in NSW's Hunter Valley, by the end of the 2030 financial year. This is an important and pleasing departure from BHP's previous plans and actions relating to its fossil fuel assets,...
Media Release: CommBank to face shareholder resolution over failed climate commitments
Wednesday 11 August 2021 As the IPCC issues a fresh warning of the devastating consequences of the climate crisis and the narrowing window to avoid catastrophe, Commonwealth Bank (CBA) has today released an updated policy which weakens and undermines its own existing...
Media release: Investors heap pressure on AGL
Thursday 19 September 2019 At today's AGM in Sydney, over 30% of shareholders, worth more than AU$3.8bn, voted against management and in support of a resolution calling on the company to reduce emissions in line with the goals of the Paris Climate Agreement. Response...
Media release: Suncorp dumps thermal coal
26 July 2019 In response to Market Forces lodging a shareholder resolution, Suncorp has revealed it is exiting the thermal coal sector, meaning there are now no Australian insurers willing to underwrite new thermal coal mines and power stations. A Suncorp spokesman...
Media release: Suncorp shareholders demand phase out of fossil fuel exposure
Thursday, 25 July 2019 Market Forces has lodged a shareholder resolution on behalf of over 100 Suncorp shareholders, calling on the insurer to set targets to reduce its investment and underwriting exposure to coal, oil and gas in line with the Paris Agreement’s goal...
Whitehaven Coal told: get aligned with 2 degrees!
13 August 2018 A shareholder resolution has been lodged with Whitehaven Coal, calling on the company to disclose the risks it faces from climate change and align its strategy with a scenario that holds global warming to less than two degrees. The resolution was signed...
Fierce opposition to Narrabri gas project
[cs_element_section _id="1" ][cs_element_row _id="2" ][cs_element_column _id="3" ]3 May 2018 Gomeroi traditional owners and farmers from Narrabri made it very clear today at Santos’ annual general meeting (AGM) that they do not want...
CommBank getting out of coal
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Putting climate and human rights centre stage
Around Australia, shareholders are acting to make companies take climate change and human rights seriously. Super fund members like you can help their cause by telling your fund to vote your retirement savings in favour of resolutions that protect people and planet....