[cs_content][cs_element_section _id="1" ][cs_element_row _id="2" ][cs_element_column _id="3" ][cs_text]23 August 2019 Over 55 major corporations, from banking and insurance to engineering and construction, have ruled out working on the disastrous Adani Carmichael coal...
Westpac
Westpac and HSBC violate their coal policies to fund Adani Carmichael
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Our Future: clean energy a test for banks’ rehabilitation
Today’s release of the Royal Commission’s report into the financial services industry will chronicle the recent misconduct of the major banks and plot a course for how the industry can restore some integrity. It’s going to be a long road back, but one opportunity for redemption comes in the role banks can play reshaping our energy landscape.Â
Big four banks increase their fossil fuel exposure
January 2019 Australia's major banks have been getting back into fossil fuels over the last year, casting doubt on their seriousness in tackling climate change through their investments. This study compares the banks' reported exposures to fossil fuels and renewable...
Westpac makes no apology for continuing to back dirty coal
Westpac has co-financed Coronado Coal, whose Curragh coal mine is contracted to supply thermal coal to the Stanwell power station in central Queensland until 2038 12 December 2018 Westpac’s hypocrisy - their statements on climate against the reality of their loan book...
Do you own a piece of these dirty fossil fuel projects?
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Banks 2° Scorecard 2018 update
ANZ finance the purchase of Rio’s last coal mine
5 April 2018 ANZ has contributed to a US$1.7 billion (AU$2.2 b) deal to finance the purchase of Rio Tinto's last coal asset by Indonesian coal miner Adaro Energy and private equity manager EMR Capital. The deal comes despite ANZ's repeated claims that the...
Australian bank policies still lag international peers
[cs_content][cs_element_section _id="1" ][cs_element_layout_row _id="2" ][cs_element_layout_column _id="3" ][cs_element_gap _id="4" ][cs_text]This content was published in March 2018. For the most recent version, click the button below to see our Funding climate...
Westpac rules out Abbot Point terminal
8 December 2017 Westpac today all but confirmed it would not refinance the Abbot Point coal terminal, striking another blow to the crippled Adani coal mine. Climate related questions dominated the opening of question time at the bank’s annual general meeting in...