Thursday 15 September, 2016: New research released today shows overwhelmingly that Australians want their bank to act on climate change by avoiding fossil fuel projects, with almost half prepared to change banks if their current institution finances projects...
Westpac
Civil society to banks: get off fossil fuels!
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Australian banks help release another 3 billion tonnes of carbon emissions
9 September 2016 Since late 2015, when Australia's major banks committed to support the goal of holding global warming to below two degrees, they have contributed to deals for new fossil fuel projects capable of adding 3 billion tonnes of CO2 to the atmosphere. A new...
Ten dodgy fossil fuel deals hurting the banks
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Media Release: Australian banks break climate promise, pouring billions into fossil fuels
Melbourne, 4 August 2016 Australia’s major banks have made a mockery of their ‘two degree’ commitments by pouring AU $5.6 billion into the expansion of the fossil fuel industry in the months since the December 2015 Paris climate change agreement. New research released...
Banks fail 2ºC climate test, pour $5.6b into fossil fuels
3 August 2016 Australia's big four banks have made a mockery of their ‘two degree’ commitments, pouring $5.6 billion into the fossil fuel sector since the December 2015 Paris climate change agreement. Our latest research shows the banks' have failed to come anywhere...
Renewables lending plummets as Katter calls for coal funding
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Can the big banks be coal free in five years?
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Can you mitigate natural disasters without mitigating climate change?
3 March 2016 A new report by the Australian Business Roundtable has found that the economic impact of natural disasters in Australia is expected to balloon in the next decade. At the moment, natural disasters in Australia do $9 billion of economic damage per year, set...
Westpac commits to action for “below 2 degrees”
11 December 2015 Westpac has today made a commitment to operate in line with an economy that limits global warming to below two degrees! CEO Brian Hartzer said to hundreds of shareholders in Sydney: Westpac is committed to operating, both directly and indirectly, in a...