Media

14th 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.”

13th 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BHP resolution withdrawn: First Nations Alliance reaches outcome with BHP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.”

7th 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”.

7th 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.”

30th 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.

16th 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?”

15th 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.”

11th 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.

10th 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.

10th September 2020

BHP: not good enough; try harder

“Despite promising the world, BHP fails to deliver any meaningful outcomes in terms of actual emissions reduction. It needs to try harder. BHP should be aiming for a 40-60% reduction in all of its emissions by 2030.”

9th September 2020

BHP must commit to cutting fossil fuel production

2nd September 2020

Renewable energy good for BHP, but not for everyone else

“BHP’s commitment to renewable energy is welcome. However, while BHP continues to expand fossil fuel production and its own lobby groups remain critical of renewable energy, this announcement is simply more greenwashing from the best in the business.”

28th August 2020

BHP, Origin Energy, Santos & Woodside aiming to destroy the Clean Energy Finance Corporation

BHP, Origin Energy, Santos and Woodside are behind efforts to dirty up the Clean Energy Finance Corporation (CEFC) by allowing it to invest in gas projects.

27th August 2020

Woolworths: Wage debt now a third of company's profits

“The figure raises significant questions about internal governance at Woolworths, which continues to refer to the breach as an ‘inadvertent underpayment’.”

25th August 2020

Ansell rakes in cash but no assurances against modern slavery

While the COVID-19 pandemic has buoyed Australian manufacturing company Ansell, which announced a jump in profits today, it has apparently also halted the company's third-party auditing processes, which flag instances of modern slavery.

24th August 2020

Rio board review: financial penalties completely off the mark of damage caused; CEO must go

“Rio Tinto’s board review is highly disappointing. It amounts to little more than a public relations exercise that still attempts to blame the PKKP; previous Rio Tinto administrations; and anyone else, rather than the company’s current senior management.”

24th August 2020

Hotel Quarantine Inquiry: Appalling testimony - profits ahead of safety yet again

Evidence heard at Victoria's COVID-19 Hotel Quarantine Inquiry today has further underscored the risks involved in the contracting of private security services. The Australasian Centre for Corporate Responsibility (ACCR) is calling on investors and companies to urgently review the use of subcontractors in high risk, front line sectors during the pandemic.

24th August 2020

David Murray’s rejection of ESG risk finally catches up with him—and AMP

“It’s abundantly clear that Murray and those who share his views have no place as Directors, much less Chairs, of any listed companies.”

14th August 2020

BHP backs away from Kyoto credits, issues new guidelines for lobby groups

Now that Australia’s two largest miners, BHP and Rio Tinto, no longer support Kyoto carryover credits, the Business Council of Australia and the Minerals Council of Australia must withdraw their support too.

14th August 2020

AGL’s battery investment: excellent step; now repeat

AGL’s planned investment in batteries is welcome, but the strongest signal it could possibly send to the rest of the market right now, is to bring forward the closure dates of Bayswater and Loy Yang A.

13th August 2020

BHP resolution: moratorium on desecration of Indigenous sites and cease gag orders on traditional owners

“Investors simply can’t stand by and allow another Juukan Gorge disaster to take place.”