Latest
17th February 2021
Glencore leads the way with commitment to climate vote
“We welcome Glencore’s leadership and initial commitment to put its climate strategy to a vote, and encourage Glencore to commit to making it an annual exercise."
Read More12th February 2021
APPEA calls for the end of Australia’s oil and gas industry
APPEA has updated its climate change policy principles for the first time since 2015, which includes its support for net zero emissions by 2050.
Read More11th February 2021
Say on Climate launches with resolutions to Santos and Woodside
“The Say on Climate framework will provide shareholders with the opportunity to send a clear signal to the board about whether the company is effectively managing the risks of climate change.”
Read More5th February 2021
AGL and Origin writedowns: stranded assets in real time
“This is a problem largely of the companies’ own making, having acquired the coal-fired power stations from state governments in the last decade, knowing full well the risks embedded in emissions intensive assets”.
Read More4th February 2021
‘An afterthought’: Investors must hold Rio Chair to account
“This is an elementary and entirely avoidable blunder by Thompson, reasonably interpreted by the PKKP as evidence that Rio still views its relationship with traditional owners as ‘an afterthought’.”
Read More2nd February 2021
Scentre Group agrees to boost pandemic reporting
ACCR has agreed to withdraw a planned shareholder resolution at their upcoming AGM calling for additional reporting from Scentre on its management of cleaning contracts.
Read More31st January 2021
Super funds divesting from fossil fuels before exhausting all engagement options to deliver for climate
Engagement and escalation should be pursued prior to any divestment of fossil companies.
Read More9th December 2020
Juukan Gorge Caves Inquiry—serial and cumulative failings
“The Inquiry’s diligent work has thrown a long-overdue light on the atrocious treatment of First Nations Australians by governments and mining companies. No one has escaped censure.”
Read More8th December 2020
G8 wage theft a failure of governance - what else is failing in this childcare system?
“If child-care companies can’t function effectively enough to pay their workers, how are they trusted to look after children?”
Read More1st December 2020
Santos targets ignore the elephant in the room
“Santos’ new climate targets ignore its biggest problem: the emissions from the oil and gas it sells to customers (Scope 3). Scope 3 emissions account for approximately 80% of Santos’ carbon footprint.”
Read More11th November 2020
Woodside climate targets: uninspiring business as usual
Woodside’s newly announced climate targets are a disappointment to the investor community, demonstrating that the existing Board and Executive are simply not capable of delivering a transition consistent with limiting global warming to well below 2 degrees celsius.
Read More20th October 2020
Origin AGM: transparency on Indigenous consent and climate lobbying must improve
Origin Energy cannot continue to ignore investor concerns on the consent of Indigenous communities and lobbying.
Read More14th October 2020
BHP investors remain focused on lobby groups
“With this vote, investors have demonstrated to BHP that they remain focused on the impact of its industry associations on both Australian democracy and on climate action.”
Read More13th October 2020
BHP resolution withdrawn: First Nations Alliance reaches outcome with BHP
“The measures the First Nations Alliance have secured with BHP could not have happened without the interest of the investment sector and the communication of their expectations about companies’ cultural heritage management.”
Read More7th October 2020
BHP dumps QRC; Origin and Santos should do the same
“BHP has proven the value of ACCR’s shareholder resolution—some industry associations simply won’t change unless there are financial consequences”.
Read More7th October 2020
AGL AGM: Blackrock support demonstrates Australian investors lag foreign peers
“Blackrock’s support for this resolution embarrasses Australian super funds and asset managers who voted against the resolution.”
Read More30th September 2020
Narrabri gas project: investors now last line of defence
The proposed Narrabri fracking project will imperil Australia’s commitments to the Paris Agreement and its high cost of production will likely see it stranded before the reserves are exhausted.
Read More16th September 2020
FMG rejects ACCR shareholder resolution: courier delayed by COVID related issues
"That FMG is using the pandemic to their advantage is reprehensible; that they are doing this to avoid shareholder scrutiny of their relationships with Aboriginal Traditional Owners begs the question, what are they hiding?”
Read More15th September 2020
Gas lobby secures taxpayer funding from Federal government for a failing industry
“The Federal government may have finally given up on thermal coal but the carbon lobby won’t be deterred, by pushing gas, another dirty fossil fuel - which is proven to have the same, if not worse emissions than coal once fugitive methane emissions are factored in.”
Read More11th September 2020
Rio Tinto takes the first step to recovery
ACCR has welcomed the exit of Rio CEO, Jean-Sébastien Jacques, head of Corporate Relations Simone Niven and Head of Iron Ore Chris Salisbury, but remains concerned at the lack of cultural understanding displayed by the company and its board — specifically in the length of time it took to address this destruction of heritage.
Read More10th September 2020
FMG resolution calls for moratorium on desecration of Indigenous sites and cease gag orders on traditional owners
Investors simply can’t stand by and watch another Juukan Gorge disaster unfold.
Read More