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, which have largely … Read More

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 from Will van de Pol, Market … Read More

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 told InsuranceNews, “Suncorp does not directly invest in, … Read More

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 by 106 shareholders and coordinated … Read More

Fierce opposition to Narrabri gas project

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 Santos to go ahead with its unconventional gas project in the Pilliga Forest (known by traditional owners as the Billiga). Farmer Adam Macrae explained … Read More

CommBank getting out of coal

CommBank

15 November 2017Commonwealth Bank’s Chair Catherine Livingstone has used today’s annual general meeting in Sydney to indicate the bank intends to get out of the coal industry. Under pressure after Commonwealth Bank has continued its role as Australia’s biggest fossil fuel lender, and having failed to produce a policy that contains … Read More

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. Having coordinated support from more than 100 shareholders … Read More