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Commonwealth Bank flunks climate test
Press release – 13 August, 2017August 14, 2017: The climate policy released today by the Commonwealth Bank is significantly worse than expected and will do nothing to restore the bank’s tattered reputation.CommBank today released a one-page “Climate Policy Position Statement” which now makes them the only of the “big four” to not restrict lending around…
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Keep the pressure up on CommBank
The Commonwealth Bank have just announced that they have ruled out funding the Carmichael mine. They have joined 24 other banks from around the world in saying they won’t fund this dodgy, destructive, mega mine project. This is Big News! The Commonwealth Bank have just announced that they have ruled out funding the Carmichael…
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CommBank must rule out all new coal – not just Adani’s Carmichael mine
Press release – 10 August, 2017Sydney, 11 August 2017: Commonwealth Bank have become the 24th bank to rule out funding the controversial Adani mine, but need to show significantly more ambition and rule out all new coal funding in their updated climate policy expected to be released on Monday.The bank, which is currently facing litigation…
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World first court case highlights CommBank’s climate change risk
Press release – 7 August, 2017Sydney, Australia August 8, 2017: Groundbreaking shareholder litigation filed against Australia’s largest bank by its own shareholders will argue that the Commonwealth Bank have failed in their duty to disclose the risk that climate change poses to the bank.Filed today by Environmental Justice Australia on behalf of shareholders of over…
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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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How to write a review on CommBank’s smartphone apps
CommBank invested more money into polluting fossil fuels in 2016 than any other Australian bank. By propping up dirty energy, CommBank is holding us back from a future with clean air, clean water and a healthy Great Barrier Reef. CommBank invested more money into polluting fossil fuels in 2016 than any other Australian bank. By…
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Living the dream – how I found the time to be a hands-on activist in a busy, crazy world.
Always being a keen “keyboard activist”, signing petitions and sending emails, I told myself that as a busy working mum this was all I had time to do. So, when Greenpeace asked me to step up and lead some Coalbank action in my region, the temptation was soon quashed with my own ready mantra, “I’m…
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Public backlash highlights CommBank’s toxic fossil fuel problem
Sydney, 23 June 2017: Community backlash against the Commonwealth Bank’s support of fossil fuels is now so severe that the bank has been forced to set up a special taskforce to handle customers threatening to close their accounts.The revelation comes after continued pressure by customers and concerned community members who have staged numerous protests outside…
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Sorting out Fact from Fiction: Is the Carmichael Mine back on track?
Yesterday, amid much fanfare, it was announced that Adani Group had given the Carmichael coal mine “the go-ahead.” Who gave the “green light” for the project you ask? The board of the company that has been trying to build the mine for the past seven years! To help you cut through the spin, we have…
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‘My daughter isn’t born yet, but I worry about the world I’m bringing her into.’
Nicola Bowskill was one of dozens of local community members who took their dirty laundry to the Newcastle coal port in an effort to let Commonwealth Bank know about the devastating consequences of their lending to fossil fuel companies. Nicola Bowskill was one of dozens of local community members who took their dirty laundry to the…