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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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NAB fossil fuel investments
November 13, 2017: One of Australia’s Big Four banks has announced that it will review its support for fossil fuels and diversified miners that do not have a strategy to…
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ING Bank on the hook for climate pollution
Amsterdam, 14 November 2017: Today, a climate complaint against ING filed by Greenpeace Netherlands, Oxfam, BankTrack and Milieudefensie for violating OECD guidelines, was accepted by a Dutch representative of the…
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NAB reconsiders fossil fuel investments
Press release – 13 November, 2017November 13, 2017: One of Australia’s Big Four banks has announced that it will review its support for fossil fuels and diversified miners that do not have a strategy to move away from coal.The announcement came as part of the bank’s 2017 Sustainability Report, released today, which also promised to…
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ING Bank on the hook for not reporting climate pollution
Press release – 13 November, 2017Amsterdam, 14 November 2017: Today, a climate complaint against ING filed by Greenpeace Netherlands, Oxfam, BankTrack and Milieudefensie for violating OECD guidelines, was accepted by a Dutch representative of the OECD. [1] [2] The Dutch bank will be investigated by the Dutch National Contact Point (NCP) for having no plan…
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Coal delivery dumped at CommBank’s Sydney head office
Press release – 15 October, 2017Monday 16th Oct, 2017: A group of people, including a number from coal-affected communities have today delivered a load of coal to the front of the Commonwealth Bank’s Harbour Street office in Sydney in order to highlight the consequences of their fossil fuel lending policies.A group of people, including a…
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You’re winning against CommBank!
Commbank has today released its notice of annual general meeting. They have devoted an entire three pages out of the fifteen substantive pages of the document defending their woeful climate change policy and multi-billion-dollar support for fossil fuels. This is despite the fact that they also had to address their money-laundering lawsuit and the fact…
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Climate change is happening today. Record struck in Sydney
The Sydney Morning Herald is reporting that today is the hottest early September day in 159 years of records. The record has not just been broken, it has been broken by a full 1.6 degrees Celsius. Bushfires are raging across the state, and while thankfully nobody has yet lost their lives, emergency services are stretched,…
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Standing up to Commonwealth Bank on the Sunshine Coast
I opened up the group email from Greenpeace. It explained that the organiser of the the up-coming Greenpeace protest on the Sunshine Coast to stop The Commonwealth Bank investing in fossil fuels, had stepped down rather late in the piece.. The email asked if anyone would like to step into the role at this late…