-
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.
-
Standard Chartered to cease financing new coal-fired power stations
25 September 2018Standard Chartered has announced that it will stop financing any new coal-fired power projects, in any location, as part of its commitment to support the Paris Agreement on climate change.
-
CBA to face shareholder resolution on climate commitment
14 August 2017A shareholder resolution will be lodged against Commonwealth Bank of Australia (CBA) to protest against its climate change position statement, which was branded a failure that "falls well short" of the bank's climate commitments.
-
CBA climate change case could have 'global ramifications'
09 August 2017A legal challenge against Commonwealth Bank of Australia (CBA) for inadequate disclosure of climate change risks in its 2016 annual report could have worldwide repercussions, lawyers warned.
-
'Big four' Australian banks slammed for fossil fuel backing
25 July 2017Australia's 'big four' banks have invested AUD17 billion ($13.5 billion) in fossil fuel extraction projects since they committed to keep global warming to well below 2°C, Australian environmental pressure group Market Forces has said.