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Updated by Market_Forces on Jul 15, 2018
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Market Forces in the media

Local NGOs push Singapore banks on coal: Stop using our money to fuel climate change | News | Eco-Business | Asia Pac...

In an open letter, a coalition of sixteen local NGOs calls on Singaporean banks to cease financing coal power, saying it impacts the health of communities and...

Citibank targeted over US pipeline funding

A 30-metre pipeline has been laid outside Citigroup's headquarters in Sydney's CBD as part of a worldwide protest against the organisation's funding of controversial tar sands pipelines in the US.

Big four banks quit coal only to invest in other fossil fuels, research finds | Australia news | The Guardian

ANZ, CBA, Westpac and NAB have provided finance for 17 new fossil fuel projects since Paris target, report says

AECOM STOPS WORK ON ADANI RAIL PROJECT

RESOURCES group Adani has confirmed a “small” downsizing of its office requirements in Townsville but maintains it is “100 per cent” committed to its Carmichael coal project.Infrastructure and planning group Aecom has also confirmed it has completed rail

Carmichael rail line: engineering firm says it has 'demobilised' from Adani project | Business | The Guardian

Exclusive: Indian miner says ‘current phase’ of AECOM’s engineering and design complete

Investors willing to flex muscle against companies in the wake of AMP

Is this the beginning of institutional investors being more willing to flex their muscles against companies?

The former CBA boss tapped to save the disgraced AMP is a climate sceptic

AMP found itself embroiled in fresh controversy on Thursday when it emerged the firm had apparently unwittingly appointed a climate change denier as chair.

AMP forges new path by appointing climate denier as chairman : RenewEconomy

New chairman's views on climate change and climate scientists is a bad sign on how AMP will handle climate risk.

How even greenies like me vote against climate change action

Our super funds are voting with companies to resist moves to address global warming.

QBE shareholders deliver the insurer 'first strike' at AGM | afr.com

QBE Insurance Group shareholders have handed the company a "first strike" on its 2017 remuneration report, incensed by hefty executive bonuses being doled out while the company languishes.

QBE hit with first strike against exec pay | SBS News

Despite recent changes to a bonus for chief executive Pat Regan, QBE has been hit with a first strike from shareholders over executive pay.

Santos in $US221m sale of Asian business ahead of AGM | afr.com

Takeover target Santos has struck a $US221 million deal to sell its non-core Asian oil and gas assets to UK-based Ophir Energy.

Super funds shy on backing climate change votes

Many balk at backing calls for more transparency from companies about climate-related risks.

1,200 megawatt Vietnam coal plant gets funding, but Standard Chartered pulls out over climate policy conflict | News ...

The London-headquartered bank withdrew from the US$1.87 billion coal plant’s funding consortium. But eight other banks, including Singapore’s OCBC and DBS and...

DBS, OCBC among lenders for Vietnam coal power plant, Banking News & Top Stories - The Straits Times

DBS and OCBC are among a group of banks and lending agencies that have signed off on financing of about US$1.87 billion (S$2.5 billion) for a controversial coal-fired power station in Vietnam.. Read more at straitstimes.com.

Backed by Banks, Vietnam Embraces Dirty Coal - New Naratif

A petition calling on several major Singaporean banks to end their funding of thermal power plants in developing nations like Vietnam and Indonesia has shed light on the complex, transnational nature of financing for such projects.

QBE says investors want proof of turnaround | afr.com

QBE chief executive Pat Regan has admitted that sceptical investors are looking for "proof points" following eight successive profit downgrades.

Oil Search adopts carbon price for investment testing | afr.com

Oil Search has started to apply a $US25 per tonne price on carbon for its investments in Papua New Guinea, and a $US40 per tonne price for projects in the US.

Vietnam: Suffering downstream of polluting coal plants

VietNamNet News, updates continuously. Domestic, International, Political, Social, Life, Culture, Entertainment, Sports ...

So much for voluntary reporting: companies fail to come clean over climate risk

Almost a year after companies were encouraged to come clean over the financial risks climate change poses to their business, barely a handful have acted.

Investing in the Dark – Making Enviro News

Market Force released 14 March 2018 A new Market Forces study has revealed a chronic failure of Australian companies to disclose the risks to their business as a result of climate change impacts and actions to reduce greenhouse gas emissions. VIEW

Adani owner rich enough to fund Carmichael mine himself, analyst says

The billionaire Adani family behind Australia's most controversial coal mine proposal has enough wealth to fund the project itself, an analyst says.

Companies 'failing' to deal with climate change risk

Disclosure of climate change-related risks should be made mandatory, Market Forces says.

Singapore banks under scrutiny over coal lending, Banking News & Top Stories - The Straits Times

Singapore's three local banks are facing greater scrutiny for their lending to coal-fired power plants in the region, over fears the projects will exacerbate climate change by locking in years of polluting emissions.. Read more at straitstimes.com.

Setting tougher limits on coal financing, Business News & Top Stories - The Straits Times

While financing of coal-fired power stations looks set to continue in South-east Asia, some banks are setting more stringent limits on what they will fund, with the emphasis being on more efficient and lower-emissions technology.. Read more at straitstimes.com.