Latest

13th September 2023

APPEA rebrand confirms spin is all fossil fuels have left

ACCR is commenting on the Australasian Petroleum Production and Exploration Association’s announced name change and associated rebrand to become Australian Energy Producers.

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30th August 2023

Trion approval more a millstone than a milestone

ACCR is commenting on Woodside Energy Group’s (ASX:WDS) announcement that the Trion deepwater project in the Gulf of Mexico has received regulatory approval from the Mexican regulator

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22nd August 2023

Woodside’s sugar hit over, time to face reality

ACCR is commenting on Woodside Energy Group’s (ASX:WDS) 1H 2023 results announced today.

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21st August 2023

Woodside’s next “wave of growth” creates barely a ripple for shareholders

Woodside's (ASX:WDS) portfolio of unsanctioned oil and gas projects does not appear to be a material source of value for shareholders.

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28th June 2023

J-POWER faces second consecutive year of shareholder dissent on climate at AGM

J-Power investors have once again signalled a lack of confidence in the company’s current decarbonisation strategy.

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26th June 2023

Australasian Centre for Corporate Responsibility updates case against Santos in Federal Court

ACCR filed a Further Amended Originating Application and Further Amended Concise Statement in its proceedings against Santos over alleged greenwashing.

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20th June 2023

Woodside board approves Mexican oil project despite constellation of risks

ACCR is commenting on Woodside Energy Group’s (ASX: WDS) announcement that it has made a final investment decision (FID) on the Trion greenfield oil development in the Gulf of Mexico.

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27th May 2023

“Impossible for Glencore to ignore”: Coal-mining giant hit with large shareholder vote on thermal coal risk at AGM

29.22% of Glencore shareholders voted in support of the thermal coal resolution. The result is a clear indication that institutional capital is increasingly alert to the risks of thermal coal and investors expect disclosures that enable them to navigate energy transition risks.

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16th May 2023

Investors applaud Nippon Steel, as world’s fourth largest steel company takes strides towards green steel

A group of investors in Nippon Steel Corporation has welcomed the company’s concrete steps towards achieving its decarbonisation targets.

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9th May 2023

Global asset managers with close to US$3 trillion AUM support climate shareholder resolution filed with J-Power - flag voting ‘no’ on director

Three major institutional investors announced their support for a shareholder resolution filed with J-Power - with each also signalling an intent to vote against the director principally responsible for its climate strategy.

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5th May 2023

“Missed opportunity”: Glencore ignores major investors’ calls for transparency on thermal coal as crucial climate-vote looms

Major institutional investors have expressed disappointment at the decision by Glencore’s board to decline the request for greater transparency.

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28th April 2023

Woodside pays for climate failings with record-breaking vote against director Ian Macfarlane

ACCR is commenting on the results of Woodside Energy Group’s 2023 Annual General Meeting (ASX: WDS).

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19th April 2023

Surge in investors demanding greater transparency from Glencore on thermal coal production

Nine institutional investors have publicly backed a shareholder resolution seeking greater transparency on Glencore’s thermal coal production.

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18th April 2023

Woodside scrambles at 11th hour to save directors’ jobs

ACCR is commenting on Woodside Energy Group exclusively notifying some investors of an intention to provide shareholders with a non-binding advisory vote on its climate plan in 2024

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6th April 2023

“The tide is turning”: Significant vote against directors at Santos AGM

ACCR is commenting on the results of Santos’ 2023 Annual General Meeting, where sizeable votes were recorded against all three directors facing re-election.

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5th April 2023

“Extremely welcome”: Rio Tinto commits to enhancing its advocacy for effective climate policy

ACCR is commenting upon Rio Tinto’s commitment to enhance its approach to climate advocacy by disclosing the policy settings it needs to meet its 2030 climate target of 50% reduction in scope 1 and 2 emissions.

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15th March 2023

“Time’s up”: Institutional investors call for Woodside directors to be held to account on climate strategy

ACCR is calling on Woodside directors to be held to account for the board’s repeated failure to present a credible climate strategy.

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8th March 2023

Woodside board appointments reinforce investor concerns on climate strategy

ACCR is commenting on the announced changes to Woodside’s board of directors

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3rd March 2023

New analysis: risky rate of return for Woodside Mexican oil project

The ACCR has today released new analysis on Woodside’s Trion project - a greenfield deep-water oil development in the Gulf of Mexico.

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27th February 2023

“Poor corporate governance”: Woodside ignores investor concerns on its climate strategy

The ACCR is commenting on Woodside’s 2022 Climate Report released today. This report follows the dismal Say on Climate vote at Woodside’s AGM last year, where 49% of Woodside shareholders voted against the company’s 2021 Climate Report.

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22nd February 2023

Santos’ CEO growth bonus remains in place as board faces potential second strike

ACCR is commenting on the release of Santos’ 2022 Annual Report, including its remuneration report. The company faces a ‘second strike’.

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