16 November 2017 This morning at Seven Group Holdings (SGH) annual general meeting in Sydney, Chairman Kerry Matthew Stokes reaffirmed that the company does not consider ‘climate risk’ as a material business risk. This is despite the company's massive exposure to the...
CommBank getting out of coal
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Senex not aware of the TCFD
15 November 2017 Today shareholders asked Senex about whether it has plans to transition to lower carbon emitting activities in line with the two degree Paris climate commitments. In short, the answer was no. Senex Energy is an Australian energy company listed on the...
Medibank divestment driven by health impacts of climate change
[cs_element_section _id="1"][cs_element_row _id="2"][cs_element_column _id="3"]13 November 2017Australia's biggest health insurer today announced it will divest from fossil fuels due to the negative health impacts of climate change.This...
Media Release: Climate change spurs Medibank fossil fuel divestment
Monday 13 November, 2017: Medibank’s announcement it will divest tens of millions of dollars from fossil fuels due to the ‘health effects of climate change’ has been welcomed by environmental finance group Market Forces. The decision came today in an ASX statement in...
Cooper Energy: receiving funding from ANZ
At the Cooper Energy annual general meeting board members asserted they were conscious of environmental impacts, however they were unable to give specific details about their plans as they weren't yet formulated. Managing Director, David Maxwell, also announced a...
Fortescue avoids tough questions on climate
9 November 2017 Yesterday Fortescue Metals Group failed to give a clear time frame for implementing the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD). As one of Australia's major energy users, Fortescue must demonstrate how it plans...
Downer refuses to shed any light on Chinese involvement in Adani mine
2 November 2017 The board of Downer EDI today came under intense pressure from shareholders at its Annual General Meeting (AGM) over the company’s relationship with Adani and the planned Carmichael coal mine. In an unprecedented move that suggested the board wanted...
Boral: “Climate not a significant risk”
[cs_element_section _id="1"][cs_element_row _id="2"][cs_element_column _id="3"]2 November 2017Last financial year, Boral Ltd spent around $300 million on energy and emitted 2.5 million tonnes of CO2 equivalent. So far this financial...
APA’s partnership with Santos faces shareholder criticism
27 October 2017 At the annual general meeting of APA held today in Sydney, company executives faced several questions from shareholders regarding their Western Slopes Pipeline project in Northern NSW. The $450 million pipeline project is a partnership with Santos to...