Media

2nd 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.

31st 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.

9th 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.”

8th 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?”

1st 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.”

11th 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.

20th 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.

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BHP resolution withdrawn: First Nations Alliance reaches outcome with BHP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