Spotlight on big banks after landmark court decision

Whitehaven coal train protests

28 May 2021 In a landmark judgment yesterday about Whitehaven’s proposed Vickery coal mine, Australia’s Federal Court decided that the national environment minister has a duty of care not to cause harm to young people from climate change. According to Ava Princi, one of the eight school students who brought … Read More

Big banks snub local farmers concerned about Whitehaven Coal

12 April 2021 Whitehaven Coal is one of the biggest coal mining corporations on the Australian share market and some of the world’s biggest banks, including Westpac, Credit Suisse and Deutsche Bank, played a key role in lending $1 billion to the company in 2020.  ANZ and Commonwealth Bank have … Read More

Sumitomo to face shareholder resolution at its AGM over climate inaction

29 March 2021 (updated 4 June 2021) A representative of environmental finance group Market Forces has filed a shareholder resolution with Sumitomo Corporation, calling on it to adopt and disclose a plan outlining its business strategy to align its business with the Paris Agreement’s goal of limiting global temperature increases … Read More