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Showing 21 - 30 of 182 results for "oil and gas"

CBA slashes oil and gas financing

KARREN VERGARA  |  FRIDAY, 15 AUG 2025  |  NEWS
Market Forces has commended Commonwealth Bank for slashing its financing for oil and gas from $3.3 billion in 2022 to $800 million in the last financial year and is pressuring the other major banks to follow suit. Morgan Pickett, a policy analyst at ...

Authorities are now accountable for caused climate damage

MATTHEW WAI  |  THURSDAY, 24 JUL 2025  |  NEWS
... communities in Australia and across the Pacific pay the price," Delaney continued. "The government must make big coal, oil and gas corporations pay their fair share for the damage they are causing, and support communities harmed by climate-driven disasters. ...

Australian Ethical puts Macquarie on notice

ELIZA BAVIN  |  THURSDAY, 24 JUL 2025  |  NEWS
... By contrast, the ethical investment manager said all four major Australian banks have made the ongoing finance of oil and gas sector companies conditional on those companies having climate transition plans in place. "Macquarie's disclosures also do not ...

Activist investor hires distribution lead

ELIZABETH FRY  |  THURSDAY, 3 JUL 2025  |  NEWS
... investors. Its latest targets include Southern Cross Media Group, Magellan Financial Group, COG Financial Services and oil and gas explorer Karoon Energy - all now facing pressure from the vocal shareholder. Sandon oversees about $220 million in asse ...

Hollywood heavyweights call on pension fund to divest fossil fuels

JAMIE WILLIAMSON  |  WEDNESDAY, 25 JUN 2025  |  NEWS
... Retire Big Oil campaign. The campaign asks the US$5 billion ($7.7bn) SAG-Producers Pension Plan to phase out its coal, oil and gas holdings. It notes that while many public and private pension funds the world over have committed to divestment, just 0.2% ...

Macquarie shareholders call for transparency

ELIZA BAVIN  |  THURSDAY, 22 MAY 2025  |  NEWS
... a leader in financing for renewable energy, it is failing to disclose the full extent of its investments in coal, oil and gas. "Shareholders want Macquarie to come clean on its financing of fossil fuel expansion, which undermines the company's climate ...

Sustainability in 2025

VIRGINIE DERUE  |  FRIDAY, 16 MAY 2025  |  NEWS
... first day back in the White House, he signed an order to withdraw the US from the Paris Agreement and moved to scrap oil and gas exploration restrictions. But irrespective of the political impulse in Washington DC, we expect resilience to be a critical ...

ART extends exclusions in Socially Conscious option

ELIZA BAVIN  |  MONDAY, 12 MAY 2025  |  NEWS
... exclusions include investing in companies which obtain more than 5% of revenues from thermal coal; metallurgical coal; oil and gas; fossil fuel generation; alcohol; gambling; and adult entertainment. Additionally, any investment that gets any revenue ...

Green moves: Agscent, HSBC

ELIZABETH FRY  |  THURSDAY, 8 MAY 2025  |  NEWS
... 30 investors managing £1.2 trillion, said having shown climate leadership in the past by stopping finance for new oil and gas projects, responsible investors have now been left in the dark on just how committed the bank remains to playing its significant ...

Australian Ethical calls out QBE over climate risk concerns

ELIZA BAVIN  |  THURSDAY, 8 MAY 2025  |  NEWS
... ongoing business, and the justification for its policy that allows the continued unrestricted underwriting of new oil and gas projects until at least 2030. As a major shareholder - owning $56 million worth of QBE shares as at 31 January 2025 - Australian ...