Woodside Energy, Australia’s biggest oil and gas company and renowned climate wrecker, held its annual general meeting (AGM) on 23 April. As usual, the company couldn’t escape scrutiny for its dangerous oil and gas expansion plans, from a significant rally outside the...
hesta
New analysis: Santos contributes to quadrupled gas prices for Australians
Wednesday 8 April: New Market Forces analysis reveals Australia’s second biggest oil and gas company, Santos, is contributing to nearly quadrupled gas prices on the East Coast of the country by prioritising the sale of its fossil fuels overseas, adding to cost of...
Top Australian super funds invest $33 billion in fossil fuel expansion
New Market Forces analysis finds that Australia’s top 30 superannuation funds have more than $33 billion invested in companies expanding fossil fuels globally, in their default or largest investment options, based on latest disclosures. The research shows that these...
Health workers and super fund members rally, demanding HESTA rejects new fossil fuels
HESTA felt the heat last week as members, health workers and concerned community members rallied outside the super fund’s Melbourne office, demanding greater action on climate change. Tell HESTA to say no to new fossil fuels Our communities are facing increasing...
Wake up HESTA: Backing new gas is harming our healthÂ
By Veronique Hamilton, a credentialed mental health nurse and founder of a business, Exploring Minds, who has worked as a Mental Health Postgraduate Coordinator, Mental Health Promotion Officer, in addition to clinical roles in multidisciplinary teams and settings. As...
Health organisations urge HESTA to say no to new oil and gas
Tuesday 9 September: A coalition of organisations representing more than one million health workers have called for super fund HESTA to increase its climate ambition by taking a clear position against new fossil fuel developments. Market Forces, Healthy Futures,...
Community organisations deliver significant rebuke to HESTA over fossil fuel investments
Two community organisations, Amnesty International Australia and the Centre for Non-Violence, have officially ended their relationship with healthcare and community sector super fund HESTA over its ongoing investments in fossil fuels. Both organisations have removed...
Community organisations ditch HESTA over fossil fuels
Thursday 28 August: Two community organisations, Amnesty International Australia and the Centre for Non-Violence, have ended their relationship with healthcare and community sector super fund HESTA over its fossil fuel investments. A third social change organisation,...
Dorothy and Toto deliver brain, heart and backbone to super funds failing on climate
AustralianSuper, HESTA and Hostplus are having trouble telling their climate claims apart from gas industry spin. So our new campaigners Dorothy and Toto delivered these funds some crucial missing parts. Nearly every super fund in Australia invests members’ retirement...
Top super funds greenwashing by backing gas expansion
Monday 2 December: New Market Forces analysis reveals most top Australian super funds are greenwashing and failing to use their influence to drive greater climate action at major gas companies. The analysis of the top 30 super funds’ voting disclosures finds that only...