Latest

24th October 2024

Greenwashing Proceedings in Federal Court

ACCR's greenwashing claims against Santos Ltd is due to begin in the Federal Court of Australia, on Monday 28 October.

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16th October 2024

Rio Tinto responds to investor calls for better climate advocacy

In light of Rio Tinto’s updated position, ACCR will recommence engagement with Rio Tinto on its climate and decarbonisation opportunities.

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23rd September 2024

Active ownership delivers outcomes: BHP improves scope 3 disclosures & investors withdraw resolution

Major institutional investors representing nearly US$110 billion assets under management have withdrawn a shareholder resolution filed with BHP Group Limited (BHP), following improved disclosures in the company’s 2024 Climate Transition Action Plan (CTAP).

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29th August 2024

Back to the Future 2: Japanese steelmaker Nippon Steel commits to coal-fired steel in USA for decades

Nippon Steel Corporation (NSC) will invest in extending the production life of a coal-dependent, carbon-intensive blast furnace currently operated by U.S. Steel.

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22nd August 2024

Back to the future: Japanese steelmakers Nippon Steel and JFE Steel buy into Australian coal mine

Nippon Steel Corporation (NSC) and JFE Steel (JFE) have collectively bought 30% of Whitehaven Coal’s Blackwater metallurgical coal mine in Queensland, Australia.

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14th August 2024

New chair opens up opportunity for step change at AGL

ACCR is commenting on the announcement that AGL Energy Limited Chair, Patricia McKenzie, will retire in February 2025 and will be replaced by Miles George as Chair-elect.

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7th August 2024

Glencore holds on to coal: ratcheted up transition risk needs a plan

ACCR is commenting on today’s widely anticipated announcement from Glencore plc that it will not demerge its coal business, including the newly acquired Elk Valley Resources (EVR).

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1st August 2024

New research: What’s next for Woodside?

Woodside’s peers are adding value to shareholders by increasing returns - especially through buybacks. With Woodside’s poor pre-FID portfolio it has a strong incentive to follow this trend.

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30th July 2024

Rio Tinto climate hypocrisy: ACCR to disengage following revelation of lobbying the Prime Minister on climate trigger

ACCR is now stepping away from an agreement to support climate and decarbonisation related engagement with Rio Tinto.

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22nd July 2024

Woodside thumbs its nose at majority of investors, doubles down with Driftwood LNG

ACCR is commenting on the announcement that Woodside Energy Group Ltd is acquiring Tellurian (NYSE: TELL)

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19th July 2024

New research: Investors willing to go harder, faster on green steel

Investors are willing to move harder and faster than companies and policymakers towards a green steel sector, and are seeking more supportive market conditions so they can lift investment.

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1st July 2024

Proposed changes to Australian mandatory disclosure liability a sensible accountability safeguard

ACCR is commenting on proposed amendments to the Treasury Laws Amendment (Financial Market Infrastructure and Other Measures) Bill 2024, which currently sits before the Australian Senate.

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25th June 2024

Nippon Steel: shareholders deliver Japan’s largest ever vote in support of climate lobbying resolution

Investors in the world’s fourth largest steelmaker have shown significant support for three climate-related shareholder proposals.t the annual general meeting (AGM) in Tokyo.

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21st June 2024

Shareholders vote for improved climate strategy at Nippon Steel’s AGM

Investors in Nippon Steel Corporation (NSC) have shown support for three shareholder proposals at the annual general meeting (AGM) in Tokyo.

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30th May 2024

Investors still in the dark on Glencore’s transition risk

ACCR is commenting on the results of Glencore plc’s 2024 Annual General Meeting.

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22nd May 2024

Shell faces scrutiny for weakened climate plan

Under the UK Corporate Governance Code, Shell will again have to consult with its shareholders, given the above 20% formal ‘against’ vote on its Energy Transition Strategy.

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21st May 2024

Global asset managers back shareholder proposals urging Nippon Steel to lead on steel decarbonisation and climate lobbying

ACCR, alongside Corporate Action Japan (CAJ) and Legal & General Investment Management (LGIM), have today announced the co-filing of a set of three shareholder proposals to Nippon Steel Corporation.

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15th May 2024

J-POWER responds to shareholder pressure: five coal-power units to close by 2030

J-POWER has committed to closing five coal power generation units within domestic coal plants by FY 2030.

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15th May 2024

Equinor AGM: voting non-state shareholders revolt as 32% support climate proposal

ACCR is responding to the results of the Equinor ASA Annual General Meeting (AGM).

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24th April 2024

Status quo inconceivable: majority of investors reject Woodside’s climate strategy

ACCR is commenting on the results of the Woodside Energy Group (WDS) Annual General Meeting (AGM).

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23rd April 2024

Shareholder resolution can help steer Equinor towards Paris

ACCR is responding to the announcement of a shareholder resolution filed at Equinor ASA by a group of institutional investors led by Sarasin and Partners LLP (Sarasin).

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