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Policy shonk: Australian banks ranked on exposure to climate risk
Sydney, 9 December 2021: Australia’s Big 4 banks are significantly exposed to climate risk, with weak climate lending policies and loopholes for fossil fuel lending that are at odds with their commitment to the Paris Agreement, according to new analysis from Greenpeace Australia Pacific.Greenpeace’s analysis, released ahead of the NAB, Westpac and ANZ AGMs next…
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Heaps Better Episode 3: How can we stop funding the climate crisis?
How can we stop funding the climate crisis? We hit up Munira Chowdhury, a Market Forces analyst, to learn how we can easily divest from dirty power and invest in the clean energy future ⚡ It’s so easy that Ash switched her super while we were working on the episode. Boom. Done. We’ll also learn how…
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Poll: Vast majority of Aussies want corporates to re-energize with 100% renewable energy
SYDNEY, November 26, 2019 – Almost 70% of Australians want companies to set a goal of 100% renewable energy as part of their responsibility to tackle climate change, according to a new Ucomms poll released today commissioned by Greenpeace Australia Pacific.The poll also revealed that almost 80% of Australians agreed that Australian companies should be…
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BREAKING: NAB RULES OUT FUNDING NEW THERMAL COAL MINES!
Big news: National Australia Bank is ruling out thermal coal mines! | Today, NAB joins a rapidly growing list of banks that are walking away from dirty fossil fuels because you’ve made them see the truth: there is no future in fossil fuels. Will you help ANZ and Westpac wake up too? What has NAB…
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NAB rule out new thermal coal mines
National Australia Bank today issued their latest risk appetite statement which prohibits the funding of any new thermal coal mines.
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7 Things you Need to Know About Commbank’s Decision to Move Away from Coal!
#1 Commbank have ruled out new coal projects After eight months of pressure from over 100,000 people around the country, Commbank Chairperson Catherine Livingstone said in her opening speech: “our coal funding is comparatively small and has been trending down for some time. We expect that trend to continue over time.” View image on Twitter…
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Dirty coal to dirty politics
Everything is connected through a malformed Political Economy The life of our reef is intimately linked to the health of our politics and the future of our communities. Coal has no role to play. Everything is connected through a malformed Political Economy The life of our reef is intimately linked to the health of our…
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A glimpse into coal’s future
When Tony Abbott said coal was good for humanity, I’m sure he didn’t expect to be attending its funeral in a few years time. But he will. And that is because coal is dying. And plummeting through the floor at rapid rates causing prices to drop and coal mines to close. Our generation is becoming…
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10 reasons why funding reef destruction is bad for business
Amazing news for the Reef! One of the world’s top investment banks Citi – has joined Deutsche Bank, Royal Bank of Scotland, HSBC and Barclays by stating they will not fund Reef destruction by financing the new Abbot Point coal terminal. If foreign banks aren’t willing to finance the development of coal ports in the…