Publication ACCR Annual Review FY24/25
From our Executive Director
Every year brings its own mix of challenges and progress, but the last 12 months have focused on recalibration and renewal for ACCR. In an increasingly volatile environment for climate policy, capital markets and those working to drive change, we’ve taken the time to steady, integrate and sharpen our focus.
ACCR has grown into a confident, disciplined organisation that understands its role in a much larger system. Our strategy is clearer than ever: to work with investors to drive real-world emissions reductions and accelerate the phaseout of fossil fuels. That means staying focused on systemic levers, where our work can have ripple effects across markets and value chains.
This year’s strategy reset has been both an internal and external exercise. Internally, we’ve strengthened the coherence of our programs and teams, ensuring that research, engagement and advocacy are aligned around a shared theory of systemic impact. Externally, we’ve deepened our discipline about where and how we intervene. We’re constantly prioritising and reprioritising, and are on the lookout for the ‘perfect storm’ that fundamentally shifts market conditions.
We continue to hold the largest fossil fuel producers to account. Our work on Woodside and Shell exemplifies how ACCR’s approach has matured, combining detailed technical analysis with tactical and communications excellence.
It remains a challenging time for climate work. Investor appetite for escalation has waned in some regions, and political and economic headwinds are real. But we are encouraged by signs of renewal and re-engagement among investors who recognise that the status quo is untenable.
Within ACCR, the energy is strong. The team is stable and motivated. We have purpose, persistence, precision. We are proud of the culture we’ve built: one that combines rigour with creativity, independence with collaboration, and urgency with steadiness.
As ever, I’m deeply grateful to the ACCR team and to the many supporters and partners who make our work possible. Together, we are proving that strategic, evidence-based shareholder action can still move markets towards integrity and accountability, even in difficult times.
Brynn O’Brien
October 2025
Download our Annual Review FY24/25.
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