November 18, 2019 Last year, Prairie Mining Ltd chair Ian Middlemas was singled out by the Guardian as a director that may be struggling to understand his legal obligation to consider the risks that climate change poses to the business. Middlemas' statements at...
scenario analysis
Shareholder revolt sees LNG Limited’s Chairman ousted
15 November 2019 LNG Limited shareholders are clearly fed up with the company’s terrible financial performance in recent years, with the company's share price now sitting at less than 5% of its 2015 peak. Huge protest votes were cast by LNG Limited shareholders...
Cooper Energy following 4°C global warming path
7 November 2019 In response to questioning at the company's annual general meeting today, Cooper Energy confirmed it has "set its future operations against" a 4°C global warming scenario. Cooper's 2019 Sustainability Report stated the company is developing scenarios...
How many years has Central Petroleum got left?
7 November 2019 Oil and gas producer and explorer Central Petroleum was today challenged over its token efforts to understand and respond to climate change risks. Central Petroleum listed climate change, and particularly potential carbon pricing, as a principal risk...
Expectations set for Boral’s next steps on climate risk
6 November 2019 As a major greenhouse gas polluter with exposure to the coal power sector, Boral still has plenty of work to do on climate risk management. Two years ago, Boral didn't think climate change posed a significant risk to its business. For a company that in...
Whitehaven Coal pins hopes to catastrophic 4°C scenario
17 October 2019 Australia's biggest dedicated coal miner, Whitehaven Coal, went to great lengths to talk up the prospects of demand growth for its product at the company's annual general meeting in Sydney today. What the Whitehaven board failed to mention, however,...
FAR not modelling climate transition risks to business
Market Forces has named FAR as one of the 21 companies that investors should immediately divest from. Why? Because the company has had more than three years to show it can transition to be in line with the Paris Agreement. It has not only failed at this but is also...
Dulux Group unable to paint a clear picture on climate risk disclosure
20 December 2018. Shareholders were left without concrete answers to important climate questions at the Dulux Group annual general meeting in Melbourne today.
Newcrest Mining confused about its own climate risks
14 November 2018 “Newcrest is not a political party so it doesn’t necessarily take a position on whether the Paris accord is a good idea or a bad idea,” said Peter Hay, chairman of Newcrest Mining, at the company’s annual general meeting yesterday. "It’s up to the...
CSR: no appetite for renewables despite unreliability of coal power
27 June 2018 There was plenty of praise for the Federal government’s fossil fuel-loving policies at the CSR annual general meeting this morning. CSR Limited is a major Australian ASX100 company, supplying building and construction materials across the nation. It owns...