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Australia's Commonwealth Bank says it will only finance fossil fuels backed by transition plan
20 August 2024Commonwealth Bank of Australia (CBA) has won praise for saying it will not provide new financing to major fossil fuel companies that do not have a credible climate transition plan.
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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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Australian superfunds hit by human rights complaints
26 April 2023 -
Japanese transition hindered by lobbying, says Market Forces
14 April 2023Intense lobbying from heavy industry in Japan is hindering progress and ambition from both government and financial institutions, Market Forces said.
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Japan's largest banks hit by shareholder climate action
12 April 2023Japan's six largest banks and energy companies have been hit by shareholder calls to disclose decarbonisation plans, over concerns that fossil fuel expansion will result in stranded assets.
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Australian regulator urged to investigate ANZ
29 March 2023The Australian regulator has been urged to investigate ANZ over claims it misled investors on a climate resolution at its annual general meeting.
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Australia's biggest superfunds accused of greenwashing
15 March 2023Australia's biggest superfunds have been accused of greenwashing by campaign group Market Forces, for failing to engage effectively with high emitters.
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Australian superfunds 'dumping fossil fuel stakes'
19 October 2022Australia's largest superfunds are rapidly selling off stakes in fossil fuel companies, a Market Forces report has found.
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Commonwealth Bank to face shareholder resolution on emissions targets
10 August 2022The Commonwealth Bank of Australia (CommBank) is to face a shareholder resolution which calls on the bank to stop financing fossil fuel expansion.
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Activists file climate resolutions at Japanese companies
13 April 2022