By Ginanjar Ariyasuta, Indonesia Energy Finance Campaigner, Market Forces Pick up any major Southeast Asian bank's sustainability report and you will find a coal funding commitment. The language is confident. The dates are specific. But banks from Jakarta to Kuala...
coal
Complaint filed to SGX against OCBC for potential misleading conduct
Tuesday 24 February 2026 Market Forces has lodged a complaint at the Singapore Exchange against Singapore bank, Oversea-Chinese Banking Corporation - OCBC, for potential misleading conduct over finance enabling industrial coal power plants by Harita Nickel Group in...
Security Leaders, shareholders reprimand ANZ on climate failure
Thursday 18 December: Security Leaders have joined shareholders calling on ANZ to uphold its climate commitments by ceasing finance for coal, oil and gas expansion, which undermines the safety of all Australians. The calls by the Australian Security Leaders Climate...
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...
Southeast Asian banks need to end loopholes allowing finance for industrial coal power
By Binbin Mariana, Senior Asia Energy Finance Campaigner, Market Forces, a clean energy finance advocacy organisation working across Asia and Australia. Southeast Asia’s biggest banks have made public commitments to sustainability and phasing out financing for coal,...
Funding coal-powered nickel in Indonesia is a climate disaster
By: Ginanjar Ariyasuta, Indonesia Energy Finance Campaigner, Market Forces Indonesia’s ambition to dominate the global nickel market is a key driver of its ambitious target to lead Southeast Asia with an economic growth rate of eight per cent. The world is going into...
Macquarie under fire on climate from shareholders, customers and scientists
Thursday 24 July: Customers, investors and climate scientists have joined more than 180 shareholders and Market Forces, calling on the AU$85 billion bank and financial services company, Macquarie Group, to disclose the full extent of its financing for coal, oil and...
AustralianSuper re-invests in Whitehaven, claims thermal coal is “important” in energy transition
AustralianSuper is the largest super fund in Australia, managing $367 billion in retirement savings on behalf of more than 3.5 million members. Unfortunately AustralianSuper is now the second-largest shareholder in Whitehaven Coal, which has the biggest coal expansion...
Japan’s top investors have a duty to back a clean energy future
Sachiko Suzuki is Asia climate and energy analyst for Market Forces. Japan faces another scorching summer, but the country's biggest investment companies are stalling the shift to clean energy with the risk of making global warming-fueled disasters worse by pouring...
NZBA waters down ambition amid worsening outlook
This week the United Nations-convened Net Zero Banking Alliance (NZBA) overwhelmingly voted in favour of abandoning its commitment to “transition all…attributable GHG emissions from our lending and investment portfolios to align with pathways to net-zero by...