Rio Tinto investors baulk at climate risk management

9 May 2019 The vast majority of Rio Tinto’s investors – which includes just about every super fund in Australia – today failed to ensure the company acts to manage down its exposure to climate change risk. A Market Forces-coordinated shareholder resolution was put to Rio Tinto’s annual general meeting … Read More

Tell your super fund: Vote for climate action!

April 2019 Through your retirement savings, you can have a say in how many Australian companies are run. Tell your super fund to vote for climate action from corporate Australia. Market Forces has worked with shareholders to put climate action on the agenda at three major Australian company meetings coming … Read More

Did your super fund vote for climate action?

You may have seen our recent research revealing that the vast majority of Australia’s biggest super funds are regularly voting against climate action at the companies they invest in. Well, super funds were given the opportunity to turn this trend around at three recent annual general meetings. Use the form … Read More

ANZ finance the purchase of Rio’s last coal mine

5 April 2018 ANZ has contributed to a US$1.7 billion (AU$2.2 b) deal to finance the purchase of Rio Tinto’s last coal asset by Indonesian coal miner Adaro Energy and private equity manager EMR Capital. The deal comes despite ANZ’s repeated claims that the bank’s lending to coal is on its way … Read More

Shareholders put climate front and centre

Market Forces is all about empowering community members to hold organisations accountable for their climate and environmental impacts. A major element of this work involves working with shareholders to enable them to raise these issues directly with companies at their annual general meetings (AGMs). In the first half of 2017, … Read More

2017 AGM: Rio Tinto ignore community and climate concerns

4 May 2017 Rio Tinto has been taken to task over its slow response to investors’ climate concerns. At the company’s London annual general meeting last year, shareholders passed a resolution calling on the company to disclose their strategy for dealing with the risks of climate change. But Rio is yet to produce the … Read More

Bulga to Brisbane update: Thanks and final preparations

3 May 2016 After an incredible response to our crowdfunding campaign, Bulga residents Aneemaree and Rob McLaughlin and Judith Leslie are now preparing to take their fight up to Rio Tinto at the company’s annual general meeting (AGM) in Brisbane on Thursday. The crowdfunding campaign has less than a day remaining, and … Read More