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'Unprecedented': Woodside Energy climate plan rejected by investors
24 April 2024Australian oil and gas firm Woodside Energy had its climate transition plan rejected by a majority of shareholders at its annual general meeting (AGM), with investor groups arguing this record-breaking opposition showed its plans remained "insufficient".
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HESTA: Divestment remains last resort for four climate 'watchlist' firms
09 September 2022HESTA said divestment on climate grounds from four energy firms it has warned of intensified engagement is its option of last resort - but remains possible if their response to engagement is "insufficient".
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HESTA warns four energy firms of potential climate-related divestment
06 September 2022HESTA has warned four energy firms they face heightened scrutiny and potential divestment due to their lacklustre decarbonisation strategies, as the Australian pension fund announced a strengthened 2030 decarbonisation target.
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Westpac abandons thermal coal funding in tighter climate policy
04 May 2020Westpac has committed to exit its funding of thermal coal firms by 2030 and to align its financing business to the Paris Agreement, as it launched its updated climate change position statement.