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CommBank oil and gas funding exit sends 'stark warning' to industry
09 August 2023The Commonwealth Bank of Australia (CommBank) has ruled out direct finance for any new or expanded oil and gas projects in its updated climate policy, described by one campaigner as putting the lender "well above its peers" on climate.
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Investors must step up climate risk engagement, says Australian NGO
18 February 2019Investors are being urged "to drastically increase the ambition and impact of their corporate engagement programmes" in Australia as regulators "have taken no action to enforce corporate disclosure laws when it comes to climate risk".