Shareholders urge Japanese companies to take urgent climate action

TOKYO, Japan, 29 June 2022 Market Forces, Kiko Network, 350 org. Japan, FoE Japan, Rainforest Action Network Japanese corporations have faced a record number of shareholders backing proposals calling for greater action and transparency on meeting net-zero carbon emissions targets. Today, and over the past week, shareholders representing $22 billion … Read More

Corporate Japan faces record number of climate shareholder resolutions

TOKYO, Japan, 13 April 2022 Market Forces, Kiko Network, 350.org Japan, Friends of the Earth Japan, Rainforest Action Network Corporate Japan will this year face a record-high number of climate-focused shareholder resolutions.    Today, shareholders announced four climate resolutions targeting SMBC Group, Mitsubishi Corporation, and TEPCO and Chubu Electric, over their … Read More

APLNG seeks massive expansion of polluting gas drilling

Gladstone LNG port development, QLD. Credit: Greenpeace / Tom Jefferson

16 April 2021 Scientists have been clear that meeting the Paris Agreement’s climate goals means no expansion of the polluting gas industry.[1] Yet one of Australia’s largest and most polluting gas export projects, Australia Pacific LNG (APLNG), is seeking approval to drill up to 7,700 new gas wells across central … Read More

Japanese megabanks faced with international ad in the Financial Times

NGOs from Vietnam, Indonesia, Japan and around the world have placed a full-page advertisement in the Financial Times today calling for Japanese megabanks – Mitsubishi UFJ Financial Group (MUFG), Sumitomo Mitsui Banking Corporation (SMBC), and Mizuho Financial Group (Mizuho) – to stop funding coal power. MUFG, SMBC, and Mizuho, along … Read More

WIN! Standard Chartered rules out new coal…. everywhere!

25 September 2018 Standard Chartered bank today updated its policy on lending to power generation, ruling out new coal power plants anywhere in the world. It confirmed the bank would no longer directly finance “any new coal-fired power plant projects, including expansions, in any location”. This marks a massive shift … Read More