{"id":69731,"date":"2023-05-16T17:05:53","date_gmt":"2023-05-16T07:05:53","guid":{"rendered":"https:\/\/www.marketforces.org.au\/?page_id=69731"},"modified":"2024-07-16T09:13:16","modified_gmt":"2024-07-15T23:13:16","slug":"banking-climate-failure-2023","status":"publish","type":"page","link":"https:\/\/www.marketforces.org.au\/campaigns\/banks\/banking-climate-failure-2023\/","title":{"rendered":"Banking Climate Failure 2023"},"content":{"rendered":"<p>[et_pb_section fb_built=&#8221;1&#8243; _builder_version=&#8221;4.23&#8243; _module_preset=&#8221;default&#8221; custom_padding=&#8221;0px||12px||false|false&#8221; global_module=&#8221;69001&#8243; saved_tabs=&#8221;all&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_row module_class=&#8221;mf-breadcrumbs&#8221; _builder_version=&#8221;4.23&#8243; _module_preset=&#8221;default&#8221; max_width=&#8221;1440px&#8221; custom_padding=&#8221;0px||0px||false|false&#8221; custom_css_main_element=&#8221;margin: auto;&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.21.0&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_code _builder_version=&#8221;4.23&#8243; _module_preset=&#8221;default&#8221; custom_css_main_element=&#8221;margin: auto;&#8221; global_colors_info=&#8221;{}&#8221;]<span><span><a href=\"https:\/\/www.marketforces.org.au\/\">Home<\/a><\/span><\/span>[\/et_pb_code][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=&#8221;1&#8243; _builder_version=&#8221;4.20.2&#8243; _module_preset=&#8221;default&#8221; background_color=&#8221;#cd0304&#8243; custom_padding=&#8221;4px||2px|||&#8221; global_colors_info=&#8221;{}&#8221; global_module=&#8221;72786&#8243; theme_builder_area=&#8221;post_content&#8221;][et_pb_row _builder_version=&#8221;4.20.2&#8243; _module_preset=&#8221;default&#8221; max_width=&#8221;75%&#8221; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.20.2&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221;][et_pb_text _builder_version=&#8221;4.26.0&#8243; _module_preset=&#8221;default&#8221; header_3_font=&#8221;Inter|800|||||||&#8221; custom_margin=&#8221;||8px|||&#8221; hover_enabled=&#8221;0&#8243; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221; sticky_enabled=&#8221;0&#8243;]<\/p>\n<h3><span style=\"color: #ffffff;\">ARCHIVED<\/span><\/h3>\n<p>[\/et_pb_text][et_pb_text _builder_version=&#8221;4.26.0&#8243; _module_preset=&#8221;default&#8221; text_font=&#8221;Poppins||||||||&#8221; text_text_color=&#8221;#FFFFFF&#8221; hover_enabled=&#8221;0&#8243; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221; sticky_enabled=&#8221;0&#8243;]<span style=\"color: #ffffff;\">This report has been replaced with an updated version. See the new <a style=\"color: #ffffff; text-decoration: underline !important;\" href=\"https:\/\/www.marketforces.org.au\/campaigns\/banks\/banking-climate-failure-2023\/\">Banking Climate Failure report here<\/a>.<\/span>[\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=&#8221;1&#8243; custom_padding_last_edited=&#8221;on|phone&#8221; admin_label=&#8221;Section &#8211; Header&#8221; _builder_version=&#8221;4.20.2&#8243; _module_preset=&#8221;default&#8221; background_image=&#8221;https:\/\/www.marketforces.org.au\/wp-content\/uploads\/2023\/05\/Bushfire-image.jpg&#8221; width_tablet=&#8221;90%&#8221; width_phone=&#8221;90%&#8221; width_last_edited=&#8221;on|phone&#8221; max_width=&#8221;1440px&#8221; module_alignment=&#8221;center&#8221; min_height=&#8221;400px&#8221; custom_margin=&#8221;||||false|false&#8221; custom_padding=&#8221;0px|0px|0px|0px|false|false&#8221; custom_padding_tablet=&#8221;0px|0px|0px|0px|false|false&#8221; custom_padding_phone=&#8221;||||false|false&#8221; custom_css_main_element=&#8221;display: flex;||    align-items: flex-end;||    justify-content: center;&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_row _builder_version=&#8221;4.20.0&#8243; _module_preset=&#8221;default&#8221; background_color=&#8221;#FFFFFF&#8221; width=&#8221;100%&#8221; max_width=&#8221;885px&#8221; module_alignment=&#8221;center&#8221; custom_padding=&#8221;29px|49px|0px|49px|false|true&#8221; custom_css_main_element=&#8221;align-self: flex-end;||    margin: unset;&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.20.0&#8243; _module_preset=&#8221;default&#8221; custom_padding=&#8221;||||false|false&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_text _builder_version=&#8221;4.20.2&#8243; _module_preset=&#8221;default&#8221; text_font=&#8221;Poppins|600||on|||||&#8221; text_text_color=&#8221;#fa6d6d&#8221; text_line_height=&#8221;1.42em&#8221; custom_margin=&#8221;||8px||false|false&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p>REPORT<\/p>\n<p>[\/et_pb_text][et_pb_text _builder_version=&#8221;4.20.2&#8243; _module_preset=&#8221;default&#8221; header_font=&#8221;Inter|800|||||||&#8221; header_text_color=&#8221;#131313&#8243; custom_margin=&#8221;||1px|||&#8221; header_font_size_tablet=&#8221;48px&#8221; header_font_size_phone=&#8221;42px&#8221; header_font_size_last_edited=&#8221;on|phone&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<h1>Banking Climate Failure<\/h1>\n<p>[\/et_pb_text][et_pb_text _builder_version=&#8221;4.20.2&#8243; _module_preset=&#8221;default&#8221; header_2_font=&#8221;Inter|800|||||||&#8221; header_2_text_color=&#8221;#131313&#8243; header_2_font_size=&#8221;24px&#8221; header_2_line_height=&#8221;1.2em&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<h2>How Australia\u2019s big four banks are still funding new fossil fuels<\/h2>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=&#8221;1&#8243; admin_label=&#8221;Section &#8211; Actions&#8221; module_id=&#8221;section-take-action&#8221; _builder_version=&#8221;4.20.0&#8243; _module_preset=&#8221;default&#8221; custom_padding=&#8221;60px||30px||false|false&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_row column_structure=&#8221;2_5,3_5&#8243; make_equal=&#8221;on&#8221; module_class=&#8221;toc-item&#8221; _builder_version=&#8221;4.20.2&#8243; _module_preset=&#8221;default&#8221; custom_padding=&#8221;0px||0px|||&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;2_5&#8243; _builder_version=&#8221;4.20.2&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_text _builder_version=&#8221;4.20.2&#8243; _module_preset=&#8221;default&#8221; header_2_text_color=&#8221;#131313&#8243; header_3_text_color=&#8221;#131313&#8243; global_colors_info=&#8221;{}&#8221;]<\/p>\n<h3>Executive Summary<\/h3>\n<p>[\/et_pb_text][et_pb_text _builder_version=&#8221;4.20.2&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p>Banking Climate Failure examines how Australia\u2019s big four banks have been using smoke and mirrors to continue funding new fossil fuel developments, locking in decades of emissions and worsening risks to the climate and the economy.<\/p>\n<p>Our latest research reveals that ANZ, Commonwealth Bank, NAB and Westpac continued to pour billions of dollars into the companies expanding coal, oil and gas between January 2021 and December 2022.<\/p>\n<p>In the last two years, the big four banks loaned a combined <strong>$13.1 billion<\/strong> to the fossil fuel industry. The banks also arranged <strong>$2.2 billion<\/strong> through the bond market for fossil fuel companies during this period.<\/p>\n<p>[\/et_pb_text][\/et_pb_column][et_pb_column type=&#8221;3_5&#8243; _builder_version=&#8221;4.20.2&#8243; _module_preset=&#8221;default&#8221; background_color=&#8221;#f2f2f2&#8243; custom_padding=&#8221;30px|30px|30px|30px|false|false&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_text module_id=&#8221;take-action&#8221; _builder_version=&#8221;4.24.3&#8243; _module_preset=&#8221;default&#8221; header_2_font=&#8221;Inter|800|||||||&#8221; header_2_text_color=&#8221;#131313&#8243; header_2_font_size=&#8221;36px&#8221; header_2_line_height=&#8221;1.17em&#8221; custom_margin=&#8221;0px||0px||false|false&#8221; custom_padding=&#8221;0px||0px||false|false&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<h2>Take action<\/h2>\n<p>[\/et_pb_text][et_pb_text _builder_version=&#8221;4.20.2&#8243; _module_preset=&#8221;default&#8221; custom_margin=&#8221;||12px||false|false&#8221; custom_padding=&#8221;||||false|false&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p>Tell your bank: stop financing companies expanding coal, oil and gas!<\/p>\n<p>[\/et_pb_text][et_pb_text _builder_version=&#8221;4.24.3&#8243; _module_preset=&#8221;default&#8221; text_font_size=&#8221;12px&#8221; text_line_height=&#8221;1.3em&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p>(If you\u2019re not a customer or shareholder of one of the big four, you can use the \u201cAll Banks\u201d tab to send all four banks a message.)<\/p>\n<p>[\/et_pb_text][et_pb_tabs module_class=&#8221;mf-gf-multi-tab&#8221; _builder_version=&#8221;4.20.2&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_tab title=&#8221;ANZ&#8221; _builder_version=&#8221;4.20.2&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<script type=\"text\/javascript\">\n\/* <![CDATA[ *\/\nvar gform;gform||(document.addEventListener(\"gform_main_scripts_loaded\",function(){gform.scriptsLoaded=!0}),document.addEventListener(\"gform\/theme\/scripts_loaded\",function(){gform.themeScriptsLoaded=!0}),window.addEventListener(\"DOMContentLoaded\",function(){gform.domLoaded=!0}),gform={domLoaded:!1,scriptsLoaded:!1,themeScriptsLoaded:!1,isFormEditor:()=>\"function\"==typeof InitializeEditor,callIfLoaded:function(o){return!(!gform.domLoaded||!gform.scriptsLoaded||!gform.themeScriptsLoaded&&!gform.isFormEditor()||(gform.isFormEditor()&&console.warn(\"The use of gform.initializeOnLoaded() is deprecated in the form editor context and will be removed in Gravity Forms 3.1.\"),o(),0))},initializeOnLoaded:function(o){gform.callIfLoaded(o)||(document.addEventListener(\"gform_main_scripts_loaded\",()=>{gform.scriptsLoaded=!0,gform.callIfLoaded(o)}),document.addEventListener(\"gform\/theme\/scripts_loaded\",()=>{gform.themeScriptsLoaded=!0,gform.callIfLoaded(o)}),window.addEventListener(\"DOMContentLoaded\",()=>{gform.domLoaded=!0,gform.callIfLoaded(o)}))},hooks:{action:{},filter:{}},addAction:function(o,r,e,t){gform.addHook(\"action\",o,r,e,t)},addFilter:function(o,r,e,t){gform.addHook(\"filter\",o,r,e,t)},doAction:function(o){gform.doHook(\"action\",o,arguments)},applyFilters:function(o){return gform.doHook(\"filter\",o,arguments)},removeAction:function(o,r){gform.removeHook(\"action\",o,r)},removeFilter:function(o,r,e){gform.removeHook(\"filter\",o,r,e)},addHook:function(o,r,e,t,n){null==gform.hooks[o][r]&&(gform.hooks[o][r]=[]);var d=gform.hooks[o][r];null==n&&(n=r+\"_\"+d.length),gform.hooks[o][r].push({tag:n,callable:e,priority:t=null==t?10:t})},doHook:function(r,o,e){var t;if(e=Array.prototype.slice.call(e,1),null!=gform.hooks[r][o]&&((o=gform.hooks[r][o]).sort(function(o,r){return o.priority-r.priority}),o.forEach(function(o){\"function\"!=typeof(t=o.callable)&&(t=window[t]),\"action\"==r?t.apply(null,e):e[0]=t.apply(null,e)})),\"filter\"==r)return e[0]},removeHook:function(o,r,t,n){var e;null!=gform.hooks[o][r]&&(e=(e=gform.hooks[o][r]).filter(function(o,r,e){return!!(null!=n&&n!=o.tag||null!=t&&t!=o.priority)}),gform.hooks[o][r]=e)}});\n\/* ]]> *\/\n<\/script>\n\n                <div class='gf_browser_unknown gform_wrapper gravity-theme gform-theme--no-framework mf-gf-material-design_wrapper' data-form-theme='gravity-theme' data-form-index='0' id='gform_wrapper_580' style='display:none'>\n                        <div class='gform_heading'>\n                            <p class='gform_description'><\/p>\n                        <\/div><form method='post' enctype='multipart\/form-data'  id='gform_580' class='mf-gf-material-design' action='\/wp-json\/wp\/v2\/pages\/69731' data-formid='580' novalidate><div class='gf_invisible ginput_recaptchav3' data-sitekey='6LdpG74bAAAAAAfG76zCHaW_pwUx9zp9bP05qG2y' data-tabindex='0'><input id=\"input_2b7552a01a5a131aca832fa8f05a8cff\" class=\"gfield_recaptcha_response\" type=\"hidden\" name=\"input_2b7552a01a5a131aca832fa8f05a8cff\" value=\"\"\/><\/div>\n                        <div class='gform-body gform_body'><div id='gform_fields_580' class='gform_fields top_label form_sublabel_below description_below validation_below'><fieldset id=\"field_580_1\" class=\"gfield gfield--type-name gfield_contains_required field_sublabel_below gfield--no-description field_description_below field_validation_below gfield_visibility_visible\"  ><legend class='gfield_label gform-field-label gfield_label_before_complex' >Name<span class=\"gfield_required\"><span class=\"gfield_required gfield_required_text\">(Required)<\/span><\/span><\/legend><div class='ginput_complex ginput_container ginput_container--name no_prefix has_first_name no_middle_name has_last_name no_suffix gf_name_has_2 ginput_container_name gform-grid-row' id='input_580_1'>\n                            \n                            <span id='input_580_1_3_container' class='name_first gform-grid-col gform-grid-col--size-auto' >\n                                                    <input type='text' name='input_1.3' id='input_580_1_3' value=''   aria-required='true'     \/>\n                                                    <label for='input_580_1_3' class='gform-field-label gform-field-label--type-sub '>First<\/label>\n                                                <\/span>\n                            \n                            <span id='input_580_1_6_container' class='name_last gform-grid-col gform-grid-col--size-auto' >\n                                                    <input type='text' name='input_1.6' id='input_580_1_6' value=''   aria-required='true'     \/>\n                                                    <label for='input_580_1_6' class='gform-field-label gform-field-label--type-sub '>Last<\/label>\n                                                <\/span>\n                            \n                        <\/div><\/fieldset><div id=\"field_580_2\" class=\"gfield gfield--type-email gfield_contains_required field_sublabel_below gfield--no-description field_description_below field_validation_below gfield_visibility_visible\"  ><label class='gfield_label gform-field-label' for='input_580_2'>Email<span class=\"gfield_required\"><span class=\"gfield_required gfield_required_text\">(Required)<\/span><\/span><\/label><div class='ginput_container ginput_container_email'>\n                            <input name='input_2' id='input_580_2' type='email' value='' class='large'    aria-required=\"true\" aria-invalid=\"false\"  \/>\n                        <\/div><\/div><fieldset id=\"field_580_33\" class=\"gfield gfield--type-radio gfield--type-choice gfield--width-full field_sublabel_below gfield--no-description field_description_below field_validation_below gfield_visibility_visible\"  ><legend class='gfield_label gform-field-label' >Are you an ANZ customer or shareholder?<\/legend><div class='ginput_container ginput_container_radio'><div class='gfield_radio' id='input_580_33'>\n\t\t\t<div class='gchoice gchoice_580_33_0'>\n\t\t\t\t\t<input class='gfield-choice-input' name='input_33' type='radio' value='Customer' checked='checked' id='choice_580_33_0' onchange='gformToggleRadioOther( this )'    \/>\n\t\t\t\t\t<label for='choice_580_33_0' id='label_580_33_0' class='gform-field-label gform-field-label--type-inline'>Customer<\/label>\n\t\t\t<\/div>\n\t\t\t<div class='gchoice gchoice_580_33_1'>\n\t\t\t\t\t<input class='gfield-choice-input' name='input_33' type='radio' value='Both a customer and shareholder'  id='choice_580_33_1' onchange='gformToggleRadioOther( this )'    \/>\n\t\t\t\t\t<label for='choice_580_33_1' id='label_580_33_1' class='gform-field-label gform-field-label--type-inline'>Both a customer and shareholder<\/label>\n\t\t\t<\/div>\n\t\t\t<div class='gchoice gchoice_580_33_2'>\n\t\t\t\t\t<input class='gfield-choice-input' name='input_33' type='radio' value='Shareholder'  id='choice_580_33_2' onchange='gformToggleRadioOther( this )'    \/>\n\t\t\t\t\t<label for='choice_580_33_2' id='label_580_33_2' class='gform-field-label gform-field-label--type-inline'>Shareholder<\/label>\n\t\t\t<\/div>\n\t\t\t<div class='gchoice gchoice_580_33_3'>\n\t\t\t\t\t<input class='gfield-choice-input' name='input_33' type='radio' value='Neither'  id='choice_580_33_3' onchange='gformToggleRadioOther( this )'    \/>\n\t\t\t\t\t<label for='choice_580_33_3' id='label_580_33_3' class='gform-field-label gform-field-label--type-inline'>Neither<\/label>\n\t\t\t<\/div><\/div><\/div><\/fieldset><fieldset id=\"field_580_34\" class=\"gfield gfield--type-radio gfield--type-choice gfield--width-full field_sublabel_below gfield--no-description field_description_below field_validation_below gfield_visibility_visible\"  ><legend class='gfield_label gform-field-label' >I would like to...<\/legend><div class='ginput_container ginput_container_radio'><div class='gfield_radio' id='input_580_34'>\n\t\t\t<div class='gchoice gchoice_580_34_0'>\n\t\t\t\t\t<input class='gfield-choice-input' name='input_34' type='radio' value='Give the bank one last chance'  id='choice_580_34_0' onchange='gformToggleRadioOther( this )'    \/>\n\t\t\t\t\t<label for='choice_580_34_0' id='label_580_34_0' class='gform-field-label gform-field-label--type-inline'>Give the bank one last chance<\/label>\n\t\t\t<\/div>\n\t\t\t<div class='gchoice gchoice_580_34_1'>\n\t\t\t\t\t<input class='gfield-choice-input' name='input_34' type='radio' value='Ask for information about ending business with the bank'  id='choice_580_34_1' onchange='gformToggleRadioOther( this )'    \/>\n\t\t\t\t\t<label for='choice_580_34_1' id='label_580_34_1' class='gform-field-label gform-field-label--type-inline'>Ask for information about ending business with the bank<\/label>\n\t\t\t<\/div><\/div><\/div><\/fieldset><div id=\"field_580_27\" class=\"gfield gfield--type-text field_sublabel_below gfield--has-description field_description_above field_validation_below gfield_visibility_visible\"  ><label class='gfield_label gform-field-label' for='input_580_27'>Subject<\/label><div class='gfield_description' id='gfield_description_580_27'>(Customer - giving the bank one last chance)<\/div><div class='ginput_container ginput_container_text'><input name='input_27' id='input_580_27' type='text' value='Start acting in-line with your commitments and stop funding new fossil fuels!' class='large'  aria-describedby=\"gfield_description_580_27\"    aria-invalid=\"false\"   \/><\/div><\/div><div id=\"field_580_20\" class=\"gfield gfield--type-textarea gfield--width-full field_sublabel_below gfield--has-description field_description_above field_validation_below gfield_visibility_visible\"  ><label class='gfield_label gform-field-label' for='input_580_20'>Your message to ANZ<\/label><div class='gfield_description' id='gfield_description_580_20'>(Customer - giving the bank one last chance)<\/div><div class='ginput_container ginput_container_textarea'><textarea name='input_20' id='input_580_20' class='textarea large'  aria-describedby=\"gfield_description_580_20\"    aria-invalid=\"false\"   rows='10' cols='50'>Dear ANZ,\n\nIt is appalling that, despite your claimed commitment to the Paris Agreement and net zero emissions by 2050, you have continued to loan billions of dollars to fossil fuel projects and companies expanding these industries. \n\nSince 2016, ANZ has poured the most amount of money into fossil fuels of all Australian banks, a whopping $18.6 billion. In 2022, you again loaned the most to the fossil fuel industry, with $2.6 billion. This is virtually the same amount ANZ loaned back in 2016, showing the bank has failed to rein in its fossil fuel lending since the Paris Agreement.\n\nWorst of all was the $8.1 billion ANZ has given to companies with plans to expand the fossil fuel industry since the signing of the Paris Agreement in late 2015. Just last year ANZ gave over $1.2 billion to companies with plans to expand fossil fuels, an increase of almost $500 million on 2016 levels! \n\nThis includes funding for:\n- Global Infrastructure Partners, in a loan that enabled Woodside to proceed with the climate wrecking Scarborough\/Pluto 2 gas project. Conservative estimates put the emissions from this project at 637 million tonnes of CO2 equivalent, with independent analysis concluding the project \u201crepresents a bet against the world implementing the Paris Agreement\u201d \n- Santos, which plans to increase oil and gas production by 60% this decade. This is completely at odds with ANZ\u2019s oil and gas sector emissions reductions target. Not only are Santos&#039; plans a disaster for our climate, they are a disaster for the rights of Traditional Owners. The Barossa gas project is opposed by Traditional Owners, with an elder stating \u201cMunupi people don\u2019t want any fossil fuel activities off the coast of the Tiwi Islands\u201d. Yet Santos is still pushing ahead with the project, as well as the Narrabri gas project against the wishes of Gomeroi Traditional Owners. \n- Woodside, which plans to increase oil and gas production by 45% by 2027. Woodside has five planned new or expanded oil and gas projects in the pipeline. If allowed to go ahead, conservative estimates put the cumulative impact of these projects at over 2 billion tonnes of carbon dioxide, more than four times Australia\u2019s annual emissions.  \n\nThese examples are just some of many. It is beyond comprehension that your climate policy gives climate destroying coal, oil and gas companies a free pass until at least 2025 when the world\u2019s leading experts have already made clear that we have no room for new fossil fuel developments.\n\nWhen it comes to action on climate change, you are the clear laggard among your peers.\n\nHowever, ANZ still has a chance to prevent even further damage from being inflicted on people and planet. \n\nYour clients, Santos and Woodside, have plans to develop the following new or expanded projects in the next few years: \n\nSantos \n- Papua LNG (363 MtCO2-e)\n- Narrabri gas project (84 MtCO2-e)\n- Dorado (151 MtCO2-e) \n- Darwin LNG\/Barossa gas field (260 MtCO2-e)  \n\nWoodside \n- Trion oil field (215 MtCO2-e)\n- Browse\/North-West Shelf LNG project (887 MtCO2-e) \n- Calypso gas project (183 MtCO2-e) \n \nAs a customer I am calling on you not to finance these destructive plans, either through project finance or corporate lending to Santos or Woodside. To live up to your claimed support for Paris and net zero emissions by 2050, I demand ANZ categorically rule out lending to any new or expanded fossil fuel projects or the companies developing them.\n\nSincerely,<\/textarea><\/div><\/div><div id=\"field_580_35\" class=\"gfield gfield--type-text gfield--width-full field_sublabel_below gfield--has-description field_description_above field_validation_below gfield_visibility_visible\"  ><label class='gfield_label gform-field-label' for='input_580_35'>Subject<\/label><div class='gfield_description' id='gfield_description_580_35'>(Customer - asking for information about ending business with the bank)<\/div><div class='ginput_container ginput_container_text'><input name='input_35' id='input_580_35' type='text' value='Start acting in-line with your commitments and stop funding new fossil fuels!' class='large'  aria-describedby=\"gfield_description_580_35\"    aria-invalid=\"false\"   \/><\/div><\/div><div id=\"field_580_36\" class=\"gfield gfield--type-textarea gfield--width-full field_sublabel_below gfield--has-description field_description_above field_validation_below gfield_visibility_visible\"  ><label class='gfield_label gform-field-label' for='input_580_36'>Your message to ANZ<\/label><div class='gfield_description' id='gfield_description_580_36'>(Customer - asking for information about ending business with the bank)<\/div><div class='ginput_container ginput_container_textarea'><textarea name='input_36' id='input_580_36' class='textarea large'  aria-describedby=\"gfield_description_580_36\"    aria-invalid=\"false\"   rows='10' cols='50'>Dear ANZ,\n\nIt is appalling that, despite your claimed commitment to the Paris Agreement and net zero emissions by 2050, you have continued to loan billions of dollars to fossil fuel projects and companies expanding these industries. \n\nSince 2016, ANZ has poured the most amount of money into fossil fuels of all Australian banks, a whopping $18.6 billion. In 2022, you again loaned the most to the fossil fuel industry, with $2.6 billion. This is virtually the same amount ANZ loaned back in 2016, showing the bank has failed to rein in its fossil fuel lending since the Paris Agreement.\n\nWorst of all was the $8.1 billion ANZ has given to companies with plans to expand the fossil fuel industry since the signing of the Paris Agreement in late 2015. Just last year ANZ gave over $1.2 billion to companies with plans to expand fossil fuels, an increase of almost $500 million on 2016 levels! \n\nThis includes funding for:\n- Global Infrastructure Partners, in a loan that enabled Woodside to proceed with the climate wrecking Scarborough\/Pluto 2 gas project. Conservative estimates put the emissions from this project at 637 million tonnes of CO2 equivalent, with independent analysis concluding the project \u201crepresents a bet against the world implementing the Paris Agreement\u201d \n- Santos, which plans to increase oil and gas production by 60% this decade. This is completely at odds with ANZ\u2019s oil and gas sector emissions reductions target. Not only are Santos&#039; plans a disaster for our climate, they are a disaster for the rights of Traditional Owners. The Barossa gas project is opposed by Traditional Owners, with an elder stating \u201cMunupi people don\u2019t want any fossil fuel activities off the coast of the Tiwi Islands\u201d. Yet Santos is still pushing ahead with the project, as well as the Narrabri gas project against the wishes of Gomeroi Traditional Owners. \n- Woodside, which plans to increase oil and gas production by 45% by 2027. Woodside has five planned new or expanded oil and gas projects in the pipeline. If allowed to go ahead, conservative estimates put the cumulative impact of these projects at over 2 billion tonnes of carbon dioxide, more than four times Australia\u2019s annual emissions.  \n\nThese examples are just some of many. It is beyond comprehension that your climate policy gives climate destroying coal, oil and gas companies a free pass until at least 2025 when the world\u2019s leading experts have already made clear that we have no room for new fossil fuel developments.\n\nWhen it comes to action on climate change, you are the clear laggard among your peers.\n\nHowever, ANZ still has a chance to prevent even further damage from being inflicted on people and planet. \n\nYour clients, Santos and Woodside, have plans to develop the following new or expanded projects in the next few years: \n\nSantos \n- Papua LNG (363 MtCO2-e)\n- Narrabri gas project (84 MtCO2-e)\n- Dorado (151 MtCO2-e) \n- Darwin LNG\/Barossa gas field (260 MtCO2-e)  \n\nWoodside \n- Trion oil field (215 MtCO2-e)\n- Browse\/North-West Shelf LNG project (887 MtCO2-e) \n- Calypso gas project (183 MtCO2-e) \n\n \nAs a customer I am calling on you not to finance these destructive plans, either through project finance or corporate lending to Santos or Woodside. To live up to your claimed support for Paris and net zero emissions by 2050, I demand ANZ categorically rule out lending to any new or expanded fossil fuel projects or the companies developing them.\n\nIf you fail to meet these demands, I would like to know how I can close my bank account with you.\n\nSincerely,<\/textarea><\/div><\/div><div id=\"field_580_30\" class=\"gfield gfield--type-text gfield--width-full field_sublabel_below gfield--has-description field_description_above field_validation_below gfield_visibility_visible\"  ><label class='gfield_label gform-field-label' for='input_580_30'>Subject<\/label><div class='gfield_description' id='gfield_description_580_30'>(Customer and shareholder - giving the bank one last chance)<\/div><div class='ginput_container ginput_container_text'><input name='input_30' id='input_580_30' type='text' value='Start acting in-line with your commitments and stop funding new fossil fuels!' class='large'  aria-describedby=\"gfield_description_580_30\"    aria-invalid=\"false\"   \/><\/div><\/div><div id=\"field_580_22\" class=\"gfield gfield--type-textarea gfield--width-full field_sublabel_below gfield--has-description field_description_above field_validation_below gfield_visibility_visible\"  ><label class='gfield_label gform-field-label' for='input_580_22'>Your message to ANZ<\/label><div class='gfield_description' id='gfield_description_580_22'>\n(Customer and shareholder - giving the bank one last chance)<\/div><div class='ginput_container ginput_container_textarea'><textarea name='input_22' id='input_580_22' class='textarea large'  aria-describedby=\"gfield_description_580_22\"    aria-invalid=\"false\"   rows='10' cols='50'>Dear ANZ,\n\nIt is appalling that, despite your claimed commitment to the Paris Agreement and net zero emissions by 2050, you have continued to loan billions of dollars to fossil fuel projects and companies expanding these industries. \n\nSince 2016, ANZ has poured the most amount of money into fossil fuels of all Australian banks, a whopping $18.6 billion. In 2022, you again loaned the most to the fossil fuel industry, with $2.6 billion. This is virtually the same amount ANZ loaned back in 2016, showing the bank has failed to rein in its fossil fuel lending since the Paris Agreement.\n\nWorst of all was the $8.1 billion ANZ has given to companies with plans to expand the fossil fuel industry since the signing of the Paris Agreement in late 2015. Just last year ANZ gave over $1.2 billion to companies with plans to expand fossil fuels, an increase of almost $500 million on 2016 levels! \n\nThis includes funding for:\n- Global Infrastructure Partners, in a loan that enabled Woodside to proceed with the climate wrecking Scarborough\/Pluto 2 gas project. Conservative estimates put the emissions from this project at 637 million tonnes of CO2 equivalent, with independent analysis concluding the project \u201crepresents a bet against the world implementing the Paris Agreement\u201d \n- Santos, which plans to increase oil and gas production by 60% this decade. This is completely at odds with ANZ\u2019s oil and gas sector emissions reductions target. Not only are Santos&#039; plans a disaster for our climate, they are a disaster for the rights of Traditional Owners. The Barossa gas project is opposed by Traditional Owners, with an elder stating \u201cMunupi people don\u2019t want any fossil fuel activities off the coast of the Tiwi Islands\u201d. Yet Santos is still pushing ahead with the project, as well as the Narrabri gas project against the wishes of Gomeroi Traditional Owners. \n- Woodside, which plans to increase oil and gas production by 45% by 2027. Woodside has five planned new or expanded oil and gas projects in the pipeline. If allowed to go ahead, conservative estimates put the cumulative impact of these projects at over 2 billion tonnes of carbon dioxide, more than four times Australia\u2019s annual emissions.  \n\nThese examples are just some of many. It is beyond comprehension that your climate policy gives climate destroying coal, oil and gas companies a free pass until at least 2025 when the world\u2019s leading experts have already made clear that we have no room for new fossil fuel developments.\n\nWhen it comes to action on climate change, you are the clear laggard among your peers.\n\nHowever, ANZ still has a chance to prevent even further damage from being inflicted on people and planet. \n\nYour clients, Santos and Woodside, have plans to develop the following new or expanded projects in the next few years: \n\nSantos \n- Papua LNG (363 MtCO2-e)\n- Narrabri gas project (84 MtCO2-e)\n- Dorado (151 MtCO2-e) \n- Darwin LNG\/Barossa gas field (260 MtCO2-e)  \n\nWoodside \n- Trion oil field (215 MtCO2-e)\n- Browse\/North-West Shelf LNG project (887 MtCO2-e) \n- Calypso gas project (183 MtCO2-e) \n\n \nAs a customer and shareholder I am calling on you not to finance these destructive plans, either through project finance or corporate lending to Santos or Woodside. To live up to your claimed support for Paris and net zero emissions by 2050, I demand ANZ categorically rule out lending to any new or expanded fossil fuel projects or the companies developing them.\n\nSincerely,<\/textarea><\/div><\/div><div id=\"field_580_37\" class=\"gfield gfield--type-text gfield--width-full field_sublabel_below gfield--has-description field_description_above field_validation_below gfield_visibility_visible\"  ><label class='gfield_label gform-field-label' for='input_580_37'>Subject<\/label><div class='gfield_description' id='gfield_description_580_37'>(Customer and shareholder - asking for information about ending business with the bank)<\/div><div class='ginput_container ginput_container_text'><input name='input_37' id='input_580_37' type='text' value='Start acting in-line with your commitments and stop funding new fossil fuels!' class='large'  aria-describedby=\"gfield_description_580_37\"    aria-invalid=\"false\"   \/><\/div><\/div><div id=\"field_580_38\" class=\"gfield gfield--type-textarea gfield--width-full field_sublabel_below gfield--has-description field_description_above field_validation_below gfield_visibility_visible\"  ><label class='gfield_label gform-field-label' for='input_580_38'>Your message to ANZ<\/label><div class='gfield_description' id='gfield_description_580_38'>(Customer and shareholder - asking for information about ending business with the bank)<\/div><div class='ginput_container ginput_container_textarea'><textarea name='input_38' id='input_580_38' class='textarea large'  aria-describedby=\"gfield_description_580_38\"    aria-invalid=\"false\"   rows='10' cols='50'>Dear ANZ,\n\nIt is appalling that, despite your claimed commitment to the Paris Agreement and net zero emissions by 2050, you have continued to loan billions of dollars to fossil fuel projects and companies expanding these industries. \n\nSince 2016, ANZ has poured the most amount of money into fossil fuels of all Australian banks, a whopping $18.6 billion. In 2022, you again loaned the most to the fossil fuel industry, with $2.6 billion. This is virtually the same amount ANZ loaned back in 2016, showing the bank has failed to rein in its fossil fuel lending since the Paris Agreement.\n\nWorst of all was the $8.1 billion ANZ has given to companies with plans to expand the fossil fuel industry since the signing of the Paris Agreement in late 2015. Just last year ANZ gave over $1.2 billion to companies with plans to expand fossil fuels, an increase of almost $500 million on 2016 levels! \n\nThis includes funding for:\n- Global Infrastructure Partners, in a loan that enabled Woodside to proceed with the climate wrecking Scarborough\/Pluto 2 gas project. Conservative estimates put the emissions from this project at 637 million tonnes of CO2 equivalent, with independent analysis concluding the project \u201crepresents a bet against the world implementing the Paris Agreement\u201d \n- Santos, which plans to increase oil and gas production by 60% this decade. This is completely at odds with ANZ\u2019s oil and gas sector emissions reductions target. Not only are Santos&#039; plans a disaster for our climate, they are a disaster for the rights of Traditional Owners. The Barossa gas project is opposed by Traditional Owners, with an elder stating \u201cMunupi people don\u2019t want any fossil fuel activities off the coast of the Tiwi Islands\u201d. Yet Santos is still pushing ahead with the project, as well as the Narrabri gas project against the wishes of Gomeroi Traditional Owners. \n- Woodside, which plans to increase oil and gas production by 45% by 2027. Woodside has five planned new or expanded oil and gas projects in the pipeline. If allowed to go ahead, conservative estimates put the cumulative impact of these projects at over 2 billion tonnes of carbon dioxide, more than four times Australia\u2019s annual emissions.  \n\nThese examples are just some of many. It is beyond comprehension that your climate policy gives climate destroying coal, oil and gas companies a free pass until at least 2025 when the world\u2019s leading experts have already made clear that we have no room for new fossil fuel developments.\n\nWhen it comes to action on climate change, you are the clear laggard among your peers.\n\nHowever, ANZ still has a chance to prevent even further damage from being inflicted on people and planet. \n\nYour clients, Santos and Woodside, have plans to develop the following new or expanded projects in the next few years: \n\nSantos \n- Papua LNG (363 MtCO2-e)\n- Narrabri gas project (84 MtCO2-e)\n- Dorado (151 MtCO2-e) \n- Darwin LNG\/Barossa gas field (260 MtCO2-e)  \n\nWoodside \n- Trion oil field (215 MtCO2-e)\n- Browse\/North-West Shelf LNG project (887 MtCO2-e) \n- Calypso gas project (183 MtCO2-e) \n\nAs a customer and shareholder I am calling on you not to finance these destructive plans, either through project finance or corporate lending to Santos or Woodside. To live up to your claimed support for Paris and net zero emissions by 2050, I demand ANZ categorically rule out lending to any new or expanded fossil fuel projects or the companies developing them.\n\nIf you fail to meet these demands, I would like to know how I can close my bank account with you.\n\nSincerely,<\/textarea><\/div><\/div><div id=\"field_580_31\" class=\"gfield gfield--type-text gfield--width-full field_sublabel_below gfield--has-description field_description_above field_validation_below gfield_visibility_visible\"  ><label class='gfield_label gform-field-label' for='input_580_31'>Subject<\/label><div class='gfield_description' id='gfield_description_580_31'>(Shareholder)<\/div><div class='ginput_container ginput_container_text'><input name='input_31' id='input_580_31' type='text' value='Start acting in-line with your commitments and stop funding new fossil fuels!' class='large'  aria-describedby=\"gfield_description_580_31\"    aria-invalid=\"false\"   \/><\/div><\/div><div id=\"field_580_21\" class=\"gfield gfield--type-textarea gfield--width-full field_sublabel_below gfield--has-description field_description_above field_validation_below gfield_visibility_visible\"  ><label class='gfield_label gform-field-label' for='input_580_21'>Your message to ANZ<\/label><div class='gfield_description' id='gfield_description_580_21'>(Shareholder)<\/div><div class='ginput_container ginput_container_textarea'><textarea name='input_21' id='input_580_21' class='textarea large'  aria-describedby=\"gfield_description_580_21\"    aria-invalid=\"false\"   rows='10' cols='50'>Dear ANZ,\n\nIt is appalling that, despite your claimed commitment to the Paris Agreement and net zero emissions by 2050, you have continued to loan billions of dollars to fossil fuel projects and companies expanding these industries. \n\nSince 2016, ANZ has poured the most amount of money into fossil fuels of all Australian banks, a whopping $18.6 billion. In 2022, you again loaned the most to the fossil fuel industry, with $2.6 billion. This is virtually the same amount ANZ loaned back in 2016, showing the bank has failed to rein in its fossil fuel lending since the Paris Agreement.\n\nWorst of all was the $8.1 billion ANZ has given to companies with plans to expand the fossil fuel industry since the signing of the Paris Agreement in late 2015. Just last year ANZ gave over $1.2 billion to companies with plans to expand fossil fuels, an increase of almost $500 million on 2016 levels! \n\nThis includes funding for:\n- Global Infrastructure Partners, in a loan that enabled Woodside to proceed with the climate wrecking Scarborough\/Pluto 2 gas project. Conservative estimates put the emissions from this project at 637 million tonnes of CO2 equivalent, with independent analysis concluding the project \u201crepresents a bet against the world implementing the Paris Agreement\u201d \n- Santos, which plans to increase oil and gas production by 60% this decade. This is completely at odds with ANZ\u2019s oil and gas sector emissions reductions target. Not only are Santos&#039; plans a disaster for our climate, they are a disaster for the rights of Traditional Owners. The Barossa gas project is opposed by Traditional Owners, with an elder stating \u201cMunupi people don\u2019t want any fossil fuel activities off the coast of the Tiwi Islands\u201d. Yet Santos is still pushing ahead with the project, as well as the Narrabri gas project against the wishes of Gomeroi Traditional Owners. \n- Woodside, which plans to increase oil and gas production by 45% by 2027. Woodside has five planned new or expanded oil and gas projects in the pipeline. If allowed to go ahead, conservative estimates put the cumulative impact of these projects at over 2 billion tonnes of carbon dioxide, more than four times Australia\u2019s annual emissions.  \n\nThese examples are just some of many. It is beyond comprehension that your climate policy gives climate destroying coal, oil and gas companies a free pass until at least 2025 when the world\u2019s leading experts have already made clear that we have no room for new fossil fuel developments.\n\nWhen it comes to action on climate change, you are the clear laggard among your peers.\n\nHowever, ANZ still has a chance to prevent even further damage from being inflicted on people and planet. \n\nYour clients, Santos and Woodside, have plans to develop the following new or expanded projects in the next few years: \n\nSantos \n- Papua LNG (363 MtCO2-e)\n- Narrabri gas project (84 MtCO2-e)\n- Dorado (151 MtCO2-e) \n- Darwin LNG\/Barossa gas field (260 MtCO2-e)  \n\nWoodside \n- Trion oil field (215 MtCO2-e)\n- Browse\/North-West Shelf LNG project (887 MtCO2-e) \n- Calypso gas project (183 MtCO2-e) \n\nAs a shareholder I am calling on you not to finance these destructive plans, either through project finance or corporate lending to Santos or Woodside. To live up to your claimed support for Paris and net zero emissions by 2050, I demand ANZ categorically rule out lending to any new or expanded fossil fuel projects or the companies developing them.\n\nSincerely,<\/textarea><\/div><\/div><div id=\"field_580_29\" class=\"gfield gfield--type-text gfield--width-full field_sublabel_below gfield--has-description field_description_above field_validation_below gfield_visibility_visible\"  ><label class='gfield_label gform-field-label' for='input_580_29'>Subject<\/label><div class='gfield_description' id='gfield_description_580_29'>(Neither customer nor shareholder)<\/div><div class='ginput_container ginput_container_text'><input name='input_29' id='input_580_29' type='text' value='Start acting in-line with your commitments and stop funding new fossil fuels!' class='large'  aria-describedby=\"gfield_description_580_29\"    aria-invalid=\"false\"   \/><\/div><\/div><div id=\"field_580_28\" class=\"gfield gfield--type-textarea field_sublabel_below gfield--has-description field_description_above field_validation_below gfield_visibility_visible\"  ><label class='gfield_label gform-field-label' for='input_580_28'>Your message to ANZ<\/label><div class='gfield_description' id='gfield_description_580_28'>(Neither customer nor shareholder)<\/div><div class='ginput_container ginput_container_textarea'><textarea name='input_28' id='input_580_28' class='textarea large'  aria-describedby=\"gfield_description_580_28\"    aria-invalid=\"false\"   rows='10' cols='50'>Dear ANZ,\n\nIt is appalling that, despite your claimed commitment to the Paris Agreement and net zero emissions by 2050, you have continued to loan billions of dollars to fossil fuel projects and companies expanding these industries. \n\nSince 2016, ANZ has poured the most amount of money into fossil fuels of all Australian banks, a whopping $18.6 billion. In 2022, you again loaned the most to the fossil fuel industry, with $2.6 billion. This is virtually the same amount ANZ loaned back in 2016, showing the bank has failed to rein in its fossil fuel lending since the Paris Agreement.\n\nWorst of all was the $8.1 billion ANZ has given to companies with plans to expand the fossil fuel industry since the signing of the Paris Agreement in late 2015. Just last year ANZ gave over $1.2 billion to companies with plans to expand fossil fuels, an increase of almost $500 million on 2016 levels! \n\nThis includes funding for:\n- Global Infrastructure Partners, in a loan that enabled Woodside to proceed with the climate wrecking Scarborough\/Pluto 2 gas project. Conservative estimates put the emissions from this project at 637 million tonnes of CO2 equivalent, with independent analysis concluding the project \u201crepresents a bet against the world implementing the Paris Agreement\u201d \n- Santos, which plans to increase oil and gas production by 60% this decade. This is completely at odds with ANZ\u2019s oil and gas sector emissions reductions target. Not only are Santos&#039; plans a disaster for our climate, they are a disaster for the rights of Traditional Owners. The Barossa gas project is opposed by Traditional Owners, with an elder stating \u201cMunupi people don\u2019t want any fossil fuel activities off the coast of the Tiwi Islands\u201d. Yet Santos is still pushing ahead with the project, as well as the Narrabri gas project against the wishes of Gomeroi Traditional Owners. \n- Woodside, which plans to increase oil and gas production by 45% by 2027. Woodside has five planned new or expanded oil and gas projects in the pipeline. If allowed to go ahead, conservative estimates put the cumulative impact of these projects at over 2 billion tonnes of carbon dioxide, more than four times Australia\u2019s annual emissions.  \n\nThese examples are just some of many. It is beyond comprehension that your climate policy gives climate destroying coal, oil and gas companies a free pass until at least 2025 when the world\u2019s leading experts have already made clear that we have no room for new fossil fuel developments.\n\nWhen it comes to action on climate change, you are the clear laggard among your peers.\n\nHowever, ANZ still has a chance to prevent even further damage from being inflicted on people and planet. \n\nYour clients, Santos and Woodside, have plans to develop the following new or expanded projects in the next few years: \n\nSantos \n- Papua LNG (363 MtCO2-e)\n- Narrabri gas project (84 MtCO2-e)\n- Dorado (151 MtCO2-e) \nDarwin LNG\/Barossa gas field (260 MtCO2-e)  \n\nWoodside \n- Trion oil field (215 MtCO2-e)\n- Browse\/North-West Shelf LNG project (887 MtCO2-e) \n- Calypso gas project (183 MtCO2-e) \n\nI am calling on you not to finance these destructive plans, either through project finance or corporate lending to Santos or Woodside. To live up to your claimed support for Paris and net zero emissions by 2050, I demand ANZ categorically rule out lending to any new or expanded fossil fuel projects or the companies developing them.\n\nSincerely,<\/textarea><\/div><\/div><fieldset id=\"field_580_9\" class=\"gfield gfield--type-checkbox gfield--type-choice field_sublabel_below gfield--no-description field_description_below hidden_label field_validation_below gfield_visibility_visible\"  ><legend class='gfield_label gform-field-label gfield_label_before_complex' >Yes, I want to hear more from Market Forces about this campaign<\/legend><div class='ginput_container ginput_container_checkbox'><div class='gfield_checkbox ' id='input_580_9'><div class='gchoice gchoice_580_9_1'>\n\t\t\t\t\t\t\t\t<input class='gfield-choice-input' name='input_9.1' type='checkbox'  value='Yes, I want to hear more from Market Forces about this campaign' checked='checked' id='choice_580_9_1'   \/>\n\t\t\t\t\t\t\t\t<label for='choice_580_9_1' id='label_580_9_1' class='gform-field-label gform-field-label--type-inline'>Yes, I want to hear more from Market Forces about this campaign<\/label>\n\t\t\t\t\t\t\t<\/div><\/div><\/div><\/fieldset><fieldset id=\"field_580_39\" class=\"gfield gfield--type-checkbox gfield--type-choice gfield--width-full field_sublabel_below gfield--no-description field_description_below field_validation_below gfield_visibility_hidden\"  ><div class=\"admin-hidden-markup\"><i class=\"gform-icon gform-icon--hidden\" aria-hidden=\"true\" title=\"This field is hidden when viewing the form\"><\/i><span>This field is hidden when viewing the form<\/span><\/div><legend class='gfield_label gform-field-label gfield_label_before_complex' >PASS DATA - MAIN LIST: Are you an ANZ customer or shareholder -&gt; ANZ customer<\/legend><div class='ginput_container ginput_container_checkbox'><div class='gfield_checkbox ' id='input_580_39'><div class='gchoice gchoice_580_39_1'>\n\t\t\t\t\t\t\t\t<input class='gfield-choice-input' name='input_39.1' type='checkbox'  value='ANZ customer' checked='checked' id='choice_580_39_1'   \/>\n\t\t\t\t\t\t\t\t<label for='choice_580_39_1' id='label_580_39_1' class='gform-field-label gform-field-label--type-inline'>ANZ customer<\/label>\n\t\t\t\t\t\t\t<\/div><\/div><\/div><\/fieldset><fieldset id=\"field_580_40\" class=\"gfield gfield--type-checkbox gfield--type-choice gfield--width-full field_sublabel_below gfield--no-description field_description_below field_validation_below gfield_visibility_hidden\"  ><div class=\"admin-hidden-markup\"><i class=\"gform-icon gform-icon--hidden\" aria-hidden=\"true\" title=\"This field is hidden when viewing the form\"><\/i><span>This field is hidden when viewing the form<\/span><\/div><legend class='gfield_label gform-field-label gfield_label_before_complex' >PASS DATA - MAIN LIST: Are you an ANZ customer or shareholder -&gt; ANZ shareholder<\/legend><div class='ginput_container ginput_container_checkbox'><div class='gfield_checkbox ' id='input_580_40'><div class='gchoice gchoice_580_40_1'>\n\t\t\t\t\t\t\t\t<input class='gfield-choice-input' name='input_40.1' type='checkbox'  value='ANZ shareholder' checked='checked' id='choice_580_40_1'   \/>\n\t\t\t\t\t\t\t\t<label for='choice_580_40_1' id='label_580_40_1' class='gform-field-label gform-field-label--type-inline'>ANZ shareholder<\/label>\n\t\t\t\t\t\t\t<\/div><\/div><\/div><\/fieldset><fieldset id=\"field_580_32\" class=\"gfield gfield--type-checkbox gfield--type-choice gfield--width-full field_sublabel_below gfield--no-description field_description_below field_validation_below gfield_visibility_hidden\"  ><div class=\"admin-hidden-markup\"><i class=\"gform-icon gform-icon--hidden\" aria-hidden=\"true\" title=\"This field is hidden when viewing the form\"><\/i><span>This field is hidden when viewing the form<\/span><\/div><legend class='gfield_label gform-field-label gfield_label_before_complex' >TOOK ACTION: Banks - ANZ Banking Climate Failure - May 2023<\/legend><div class='ginput_container ginput_container_checkbox'><div class='gfield_checkbox ' id='input_580_32'><div class='gchoice gchoice_580_32_1'>\n\t\t\t\t\t\t\t\t<input class='gfield-choice-input' name='input_32.1' type='checkbox'  value='TOOK ACTION: Banks - ANZ Banking Climate Failure - May 2023' checked='checked' id='choice_580_32_1'   \/>\n\t\t\t\t\t\t\t\t<label for='choice_580_32_1' id='label_580_32_1' class='gform-field-label gform-field-label--type-inline'>TOOK ACTION: Banks - ANZ Banking Climate Failure - May 2023<\/label>\n\t\t\t\t\t\t\t<\/div><\/div><\/div><\/fieldset><\/div><\/div>\n        <div class='gform-footer gform_footer top_label'> <input type='submit' id='gform_submit_button_580' class='gform_button button' onclick='gform.submission.handleButtonClick(this);' data-submission-type='submit' value='Contact ANZ'  \/> \n            <input type='hidden' class='gform_hidden' name='gform_submission_method' data-js='gform_submission_method_580' value='postback' \/>\n            <input type='hidden' class='gform_hidden' name='gform_theme' data-js='gform_theme_580' id='gform_theme_580' value='gravity-theme' \/>\n            <input type='hidden' class='gform_hidden' name='gform_style_settings' data-js='gform_style_settings_580' id='gform_style_settings_580' value='[]' \/>\n            <input type='hidden' class='gform_hidden' name='is_submit_580' value='1' \/>\n            <input type='hidden' class='gform_hidden' name='gform_submit' value='580' \/>\n            \n            <input type='hidden' class='gform_hidden' name='gform_currency' data-currency='AUD' value='ykq0lPjiB8zHObRNqWcvJEHOfG58xbcYS2efnB764AubRaOaIJZFkgxG4K5grNkLcj2MnMsOlbjpHzh4\/PZI0sHhowq34V1opohkmpSSpUGPwa4=' \/>\n            <input type='hidden' class='gform_hidden' name='gform_unique_id' value='' \/>\n            <input type='hidden' class='gform_hidden' name='state_580' value='WyJ7XCIzM1wiOltcIjRmOTZjOGQ2NWRlNjI2YThkZjY2YWQ0NDQ3NzNjZDE0XCIsXCIyMGMwYjA5ODljNzZjMzI3NTYxNTliMTdjZThlOThkY1wiLFwiNGM0ZDgwNTMzMWRmYjVmMzkyZDAzYjZiODUwN2MyY2RcIixcIjU1NjczYTMyZTI0N2ExMjg4YmU4ZDZmMzAwMGJiMTNkXCJdLFwiMzRcIjpbXCI4YzQ4ZTczZmE2YTZkZWE5MGZlNGVkOGI2ZDcwZGFmOVwiLFwiYmQ4M2I1MGI0ZjFlNmZkOWM1NTI4NzA2ZDcyYTBjNDdcIl0sXCIzOS4xXCI6XCIyMjFjMTFkMGU2YjRiYzhlOTdlNWRkZDdhOGQwYWVhY1wiLFwiNDAuMVwiOlwiYmFjNzllMjY2MGEyYThiYmQzYWUxOTI5NDlkNTk1YTZcIn0iLCJjODA0MTc2NDRmNGQwMDQ2YTA0YjM0YjExNzBmMjllNCJd' \/>\n            <input type='hidden' autocomplete='off' class='gform_hidden' name='gform_target_page_number_580' id='gform_target_page_number_580' value='0' \/>\n            <input type='hidden' autocomplete='off' class='gform_hidden' name='gform_source_page_number_580' id='gform_source_page_number_580' value='1' \/>\n            <input type='hidden' name='gform_field_values' value='' \/>\n            \n        <\/div>\n                        <\/form>\n                        <\/div><script type=\"text\/javascript\">\n\/* <![CDATA[ *\/\n gform.initializeOnLoaded( function() {gformInitSpinner( 580, 'https:\/\/www.marketforces.org.au\/wp-content\/plugins\/gravityforms\/images\/spinner.svg', true );jQuery('#gform_ajax_frame_580').on('load',function(){var contents = jQuery(this).contents().find('*').html();var is_postback = contents.indexOf('GF_AJAX_POSTBACK') >= 0;if(!is_postback){return;}var form_content = jQuery(this).contents().find('#gform_wrapper_580');var is_confirmation = jQuery(this).contents().find('#gform_confirmation_wrapper_580').length > 0;var is_redirect = contents.indexOf('gformRedirect(){') >= 0;var is_form = form_content.length > 0 && ! is_redirect && ! is_confirmation;var mt = parseInt(jQuery('html').css('margin-top'), 10) + parseInt(jQuery('body').css('margin-top'), 10) + 100;if(is_form){form_content.find('form').css('opacity', 0);jQuery('#gform_wrapper_580').html(form_content.html());if(form_content.hasClass('gform_validation_error')){jQuery('#gform_wrapper_580').addClass('gform_validation_error');} else {jQuery('#gform_wrapper_580').removeClass('gform_validation_error');}setTimeout( function() { \/* delay the scroll by 50 milliseconds to fix a bug in chrome *\/  }, 50 );if(window['gformInitDatepicker']) {gformInitDatepicker();}if(window['gformInitPriceFields']) {gformInitPriceFields();}var current_page = jQuery('#gform_source_page_number_580').val();gformInitSpinner( 580, 'https:\/\/www.marketforces.org.au\/wp-content\/plugins\/gravityforms\/images\/spinner.svg', true );jQuery(document).trigger('gform_page_loaded', [580, current_page]);window['gf_submitting_580'] = false;}else if(!is_redirect){var confirmation_content = jQuery(this).contents().find('.GF_AJAX_POSTBACK').html();if(!confirmation_content){confirmation_content = contents;}jQuery('#gform_wrapper_580').replaceWith(confirmation_content);jQuery(document).trigger('gform_confirmation_loaded', [580]);window['gf_submitting_580'] = false;wp.a11y.speak(jQuery('#gform_confirmation_message_580').text());}else{jQuery('#gform_580').append(contents);if(window['gformRedirect']) {gformRedirect();}}jQuery(document).trigger(\"gform_pre_post_render\", [{ formId: \"580\", currentPage: \"current_page\", abort: function() { this.preventDefault(); } }]);        if (event && event.defaultPrevented) {                return;        }        const gformWrapperDiv = document.getElementById( \"gform_wrapper_580\" );        if ( gformWrapperDiv ) {            const visibilitySpan = document.createElement( \"span\" );            visibilitySpan.id = \"gform_visibility_test_580\";            gformWrapperDiv.insertAdjacentElement( \"afterend\", visibilitySpan );        }        const visibilityTestDiv = document.getElementById( \"gform_visibility_test_580\" );        let postRenderFired = false;        function triggerPostRender() {            if ( postRenderFired ) {                return;            }            postRenderFired = true;            gform.core.triggerPostRenderEvents( 580, current_page );            if ( visibilityTestDiv ) {                visibilityTestDiv.parentNode.removeChild( visibilityTestDiv );            }        }        function debounce( func, wait, immediate ) {            var timeout;            return function() {                var context = this, args = arguments;                var later = function() {                    timeout = null;                    if ( !immediate ) func.apply( context, args );                };                var callNow = immediate && !timeout;                clearTimeout( timeout );                timeout = setTimeout( later, wait );                if ( callNow ) func.apply( context, args );            };        }        const debouncedTriggerPostRender = debounce( function() {            triggerPostRender();        }, 200 );        if ( visibilityTestDiv && visibilityTestDiv.offsetParent === null ) {            const observer = new MutationObserver( ( mutations ) => {                mutations.forEach( ( mutation ) => {                    if ( mutation.type === 'attributes' && visibilityTestDiv.offsetParent !== null ) {                        debouncedTriggerPostRender();                        observer.disconnect();                    }                });            });            observer.observe( document.body, {                attributes: true,                childList: false,                subtree: true,                attributeFilter: [ 'style', 'class' ],            });        } else {            triggerPostRender();        }    } );} ); \n\/* ]]> *\/\n<\/script>\n\n<p>[\/et_pb_tab][et_pb_tab title=&#8221;CommBank&#8221; _builder_version=&#8221;4.20.2&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n\n                <div class='gf_browser_unknown gform_wrapper gravity-theme gform-theme--no-framework mf-gf-material-design_wrapper' data-form-theme='gravity-theme' data-form-index='0' id='gform_wrapper_582' style='display:none'>\n                        <div class='gform_heading'>\n                            <p class='gform_description'><\/p>\n                        <\/div><form method='post' enctype='multipart\/form-data'  id='gform_582' class='mf-gf-material-design' action='\/wp-json\/wp\/v2\/pages\/69731' data-formid='582' novalidate><div class='gf_invisible ginput_recaptchav3' data-sitekey='6LdpG74bAAAAAAfG76zCHaW_pwUx9zp9bP05qG2y' data-tabindex='0'><input id=\"input_83fe4df888131923cd98fa060f4ea064\" class=\"gfield_recaptcha_response\" type=\"hidden\" name=\"input_83fe4df888131923cd98fa060f4ea064\" value=\"\"\/><\/div>\n                        <div class='gform-body gform_body'><div id='gform_fields_582' class='gform_fields top_label form_sublabel_below description_below validation_below'><fieldset id=\"field_582_1\" class=\"gfield gfield--type-name gfield_contains_required field_sublabel_below gfield--no-description field_description_below field_validation_below gfield_visibility_visible\"  ><legend class='gfield_label gform-field-label gfield_label_before_complex' >Name<span class=\"gfield_required\"><span class=\"gfield_required gfield_required_text\">(Required)<\/span><\/span><\/legend><div class='ginput_complex ginput_container ginput_container--name no_prefix has_first_name no_middle_name has_last_name no_suffix gf_name_has_2 ginput_container_name gform-grid-row' id='input_582_1'>\n                            \n                            <span id='input_582_1_3_container' class='name_first gform-grid-col gform-grid-col--size-auto' >\n                                                    <input type='text' name='input_1.3' id='input_582_1_3' value=''   aria-required='true'     \/>\n                                                    <label for='input_582_1_3' class='gform-field-label gform-field-label--type-sub '>First<\/label>\n                                                <\/span>\n                            \n                            <span id='input_582_1_6_container' class='name_last gform-grid-col gform-grid-col--size-auto' >\n                                                    <input type='text' name='input_1.6' id='input_582_1_6' value=''   aria-required='true'     \/>\n                                                    <label for='input_582_1_6' class='gform-field-label gform-field-label--type-sub '>Last<\/label>\n                                                <\/span>\n                            \n                        <\/div><\/fieldset><div id=\"field_582_2\" class=\"gfield gfield--type-email gfield_contains_required field_sublabel_below gfield--no-description field_description_below field_validation_below gfield_visibility_visible\"  ><label class='gfield_label gform-field-label' for='input_582_2'>Email<span class=\"gfield_required\"><span class=\"gfield_required gfield_required_text\">(Required)<\/span><\/span><\/label><div class='ginput_container ginput_container_email'>\n                            <input name='input_2' id='input_582_2' type='email' value='' class='large'    aria-required=\"true\" aria-invalid=\"false\"  \/>\n                        <\/div><\/div><fieldset id=\"field_582_33\" class=\"gfield gfield--type-radio gfield--type-choice gfield--width-full field_sublabel_below gfield--no-description field_description_below field_validation_below gfield_visibility_visible\"  ><legend class='gfield_label gform-field-label' >Are you an CommBank customer or shareholder?<\/legend><div class='ginput_container ginput_container_radio'><div class='gfield_radio' id='input_582_33'>\n\t\t\t<div class='gchoice gchoice_582_33_0'>\n\t\t\t\t\t<input class='gfield-choice-input' name='input_33' type='radio' value='Customer' checked='checked' id='choice_582_33_0' onchange='gformToggleRadioOther( this )'    \/>\n\t\t\t\t\t<label for='choice_582_33_0' id='label_582_33_0' class='gform-field-label gform-field-label--type-inline'>Customer<\/label>\n\t\t\t<\/div>\n\t\t\t<div class='gchoice gchoice_582_33_1'>\n\t\t\t\t\t<input class='gfield-choice-input' name='input_33' type='radio' value='Both a customer and shareholder'  id='choice_582_33_1' onchange='gformToggleRadioOther( this )'    \/>\n\t\t\t\t\t<label for='choice_582_33_1' id='label_582_33_1' class='gform-field-label gform-field-label--type-inline'>Both a customer and shareholder<\/label>\n\t\t\t<\/div>\n\t\t\t<div class='gchoice gchoice_582_33_2'>\n\t\t\t\t\t<input class='gfield-choice-input' name='input_33' type='radio' value='Shareholder'  id='choice_582_33_2' onchange='gformToggleRadioOther( this )'    \/>\n\t\t\t\t\t<label for='choice_582_33_2' id='label_582_33_2' class='gform-field-label gform-field-label--type-inline'>Shareholder<\/label>\n\t\t\t<\/div>\n\t\t\t<div class='gchoice gchoice_582_33_3'>\n\t\t\t\t\t<input class='gfield-choice-input' name='input_33' type='radio' value='Neither'  id='choice_582_33_3' onchange='gformToggleRadioOther( this )'    \/>\n\t\t\t\t\t<label for='choice_582_33_3' id='label_582_33_3' class='gform-field-label gform-field-label--type-inline'>Neither<\/label>\n\t\t\t<\/div><\/div><\/div><\/fieldset><fieldset id=\"field_582_34\" class=\"gfield gfield--type-radio gfield--type-choice gfield--width-full field_sublabel_below gfield--no-description field_description_below field_validation_below gfield_visibility_visible\"  ><legend class='gfield_label gform-field-label' >I would like to...<\/legend><div class='ginput_container ginput_container_radio'><div class='gfield_radio' id='input_582_34'>\n\t\t\t<div class='gchoice gchoice_582_34_0'>\n\t\t\t\t\t<input class='gfield-choice-input' name='input_34' type='radio' value='Give the bank one last chance'  id='choice_582_34_0' onchange='gformToggleRadioOther( this )'    \/>\n\t\t\t\t\t<label for='choice_582_34_0' id='label_582_34_0' class='gform-field-label gform-field-label--type-inline'>Give the bank one last chance<\/label>\n\t\t\t<\/div>\n\t\t\t<div class='gchoice gchoice_582_34_1'>\n\t\t\t\t\t<input class='gfield-choice-input' name='input_34' type='radio' value='Ask for information about ending business with the bank'  id='choice_582_34_1' onchange='gformToggleRadioOther( this )'    \/>\n\t\t\t\t\t<label for='choice_582_34_1' id='label_582_34_1' class='gform-field-label gform-field-label--type-inline'>Ask for information about ending business with the bank<\/label>\n\t\t\t<\/div><\/div><\/div><\/fieldset><div id=\"field_582_27\" class=\"gfield gfield--type-text field_sublabel_below gfield--has-description field_description_above field_validation_below gfield_visibility_visible\"  ><label class='gfield_label gform-field-label' for='input_582_27'>Subject<\/label><div class='gfield_description' id='gfield_description_582_27'>(Customer - giving the bank one last chance)<\/div><div class='ginput_container ginput_container_text'><input name='input_27' id='input_582_27' type='text' value='Start acting in-line with your commitments and stop funding new fossil fuels!' class='large'  aria-describedby=\"gfield_description_582_27\"    aria-invalid=\"false\"   \/><\/div><\/div><div id=\"field_582_20\" class=\"gfield gfield--type-textarea gfield--width-full field_sublabel_below gfield--has-description field_description_above field_validation_below gfield_visibility_visible\"  ><label class='gfield_label gform-field-label' for='input_582_20'>Your message to CommBank<\/label><div class='gfield_description' id='gfield_description_582_20'>(Customer - giving the bank one last chance)<\/div><div class='ginput_container ginput_container_textarea'><textarea name='input_20' id='input_582_20' class='textarea large'  aria-describedby=\"gfield_description_582_20\"    aria-invalid=\"false\"   rows='10' cols='50'>Dear Commonwealth Bank,\n\nIt is appalling that, despite your claimed commitment to the Paris Agreement and net zero emissions by 2050, you have continued to loan billions of dollars to fossil fuel projects and companies expanding these industries. \n\nSince 2016, Commonwealth Bank has loaned the second most to fossil fuels of Australia\u2019s big four banks, a whopping $15.8 billion. However, I was encouraged to see that, after a long and shameful history of pouring billions of dollars into fossil fuels and enabling billions of tonnes of emissions through your financing, you reined in fossil fuel lending significantly in 2022.  \n\nYet in the last two years, you have still financed companies with massive fossil fuel expansion plans. \n\nThis includes:\n- Santos, which plans to increase oil and gas production by 60% this decade. This is completely at odds with CommBank\u2019s oil and gas sector emissions reductions target. Not only are Santos&#039; plans a disaster for our climate, they are a disaster for the rights of Traditional Owners. The Barossa gas project is opposed by Traditional Owners, with an elder stating \u201cMunupi people don\u2019t want any fossil fuel activities off the coast of the Tiwi Islands\u201d. Yet Santos is still pushing ahead with the project, as well as the Narrabri gas project against the wishes of Gomeroi Traditional Owners. \n- Glencore, which has three new proposed coal mines currently under assessment - including the greenfield Wandoan mine, Glendell expansion, and the Hunter Valley Operations expansion. This company\u2019s plans are totally at odds with the International Energy Agency\u2019s finding that there can be no new or expanded coal mines in the pathway to net zero emissions by 2050. \n\nThese examples show Commonwealth Bank\u2019s climate policy is still not consistent with your commitments to the climate goals of the Paris Agreement and net zero emissions by 2050. \n\nI know that you will be updating your policy in August this year. As a customer I am calling on you to finally live up to your climate commitments and rule out financing for all new fossil fuel projects and the companies developing them.  \n\nSincerely,<\/textarea><\/div><\/div><div id=\"field_582_35\" class=\"gfield gfield--type-text gfield--width-full field_sublabel_below gfield--has-description field_description_above field_validation_below gfield_visibility_visible\"  ><label class='gfield_label gform-field-label' for='input_582_35'>Subject<\/label><div class='gfield_description' id='gfield_description_582_35'>(Customer - asking for information about ending business with the bank)<\/div><div class='ginput_container ginput_container_text'><input name='input_35' id='input_582_35' type='text' value='Start acting in-line with your commitments and stop funding new fossil fuels!' class='large'  aria-describedby=\"gfield_description_582_35\"    aria-invalid=\"false\"   \/><\/div><\/div><div id=\"field_582_36\" class=\"gfield gfield--type-textarea gfield--width-full field_sublabel_below gfield--has-description field_description_above field_validation_below gfield_visibility_visible\"  ><label class='gfield_label gform-field-label' for='input_582_36'>Your message to CommBank<\/label><div class='gfield_description' id='gfield_description_582_36'>(Customer - asking for information about ending business with the bank)<\/div><div class='ginput_container ginput_container_textarea'><textarea name='input_36' id='input_582_36' class='textarea large'  aria-describedby=\"gfield_description_582_36\"    aria-invalid=\"false\"   rows='10' cols='50'>Dear Commonwealth Bank,\n\nIt is appalling that, despite your claimed commitment to the Paris Agreement and net zero emissions by 2050, you have continued to loan billions of dollars to fossil fuel projects and companies expanding these industries. \n\nSince 2016, Commonwealth Bank has loaned the second most to fossil fuels of Australia\u2019s big four banks, a whopping $15.8 billion. However, I was encouraged to see that, after a long and shameful history of pouring billions of dollars into fossil fuels and enabling billions of tonnes of emissions through your financing, you reined in fossil fuel lending significantly in 2022.  \n\nYet in the last two years, you have still financed companies with massive fossil fuel expansion plans. \n\nThis includes:\n- Santos, which plans to increase oil and gas production by 60% this decade. This is completely at odds with CommBank\u2019s oil and gas sector emissions reductions target. Not only are Santos&#039; plans a disaster for our climate, they are a disaster for the rights of Traditional Owners. The Barossa gas project is opposed by Traditional Owners, with an elder stating \u201cMunupi people don\u2019t want any fossil fuel activities off the coast of the Tiwi Islands\u201d. Yet Santos is still pushing ahead with the project, as well as the Narrabri gas project against the wishes of Gomeroi Traditional Owners. \n- Glencore, which has three new proposed coal mines currently under assessment - including the greenfield Wandoan mine, Glendell expansion, and the Hunter Valley Operations expansion. This company\u2019s plans are totally at odds with the International Energy Agency\u2019s finding that there can be no new or expanded coal mines in the pathway to net zero emissions by 2050. \n\nThese examples show Commonwealth Bank\u2019s climate policy is still not consistent with your commitments to the climate goals of the Paris Agreement and net zero emissions by 2050. \n\nI know that you will be updating your policy in August this year. As a customer I am calling on you to finally live up to your climate commitments and rule out financing for all new fossil fuel projects and the companies developing them.  \n\nIf you fail to meet these demands, I would like to know how I can close my bank account with you.\n\nSincerely,<\/textarea><\/div><\/div><div id=\"field_582_30\" class=\"gfield gfield--type-text gfield--width-full field_sublabel_below gfield--has-description field_description_above field_validation_below gfield_visibility_visible\"  ><label class='gfield_label gform-field-label' for='input_582_30'>Subject<\/label><div class='gfield_description' id='gfield_description_582_30'>(Customer and shareholder - giving the bank one last chance)<\/div><div class='ginput_container ginput_container_text'><input name='input_30' id='input_582_30' type='text' value='Start acting in-line with your commitments and stop funding new fossil fuels!' class='large'  aria-describedby=\"gfield_description_582_30\"    aria-invalid=\"false\"   \/><\/div><\/div><div id=\"field_582_22\" class=\"gfield gfield--type-textarea gfield--width-full field_sublabel_below gfield--has-description field_description_above field_validation_below gfield_visibility_visible\"  ><label class='gfield_label gform-field-label' for='input_582_22'>Your message to CommBank<\/label><div class='gfield_description' id='gfield_description_582_22'>\n(Customer and shareholder - giving the bank one last chance)<\/div><div class='ginput_container ginput_container_textarea'><textarea name='input_22' id='input_582_22' class='textarea large'  aria-describedby=\"gfield_description_582_22\"    aria-invalid=\"false\"   rows='10' cols='50'>Dear Commonwealth Bank,\n\nIt is appalling that, despite your claimed commitment to the Paris Agreement and net zero emissions by 2050, you have continued to loan billions of dollars to fossil fuel projects and companies expanding these industries. \n\nSince 2016, Commonwealth Bank has loaned the second most to fossil fuels of Australia\u2019s big four banks, a whopping $15.8 billion. However, I was encouraged to see that, after a long and shameful history of pouring billions of dollars into fossil fuels and enabling billions of tonnes of emissions through your financing, you reined in fossil fuel lending significantly in 2022.  \n\nYet in the last two years, you have still financed companies with massive fossil fuel expansion plans. \n\nThis includes:\n- Santos, which plans to increase oil and gas production by 60% this decade. This is completely at odds with CommBank\u2019s oil and gas sector emissions reductions target. Not only are Santos&#039; plans a disaster for our climate, they are a disaster for the rights of Traditional Owners. The Barossa gas project is opposed by Traditional Owners, with an elder stating \u201cMunupi people don\u2019t want any fossil fuel activities off the coast of the Tiwi Islands\u201d. Yet Santos is still pushing ahead with the project, as well as the Narrabri gas project against the wishes of Gomeroi Traditional Owners. \n- Glencore, which has three new proposed coal mines currently under assessment - including the greenfield Wandoan mine, Glendell expansion, and the Hunter Valley Operations expansion. This company\u2019s plans are totally at odds with the International Energy Agency\u2019s finding that there can be no new or expanded coal mines in the pathway to net zero emissions by 2050. \n\nThese examples show Commonwealth Bank\u2019s climate policy is still not consistent with your commitments to the climate goals of the Paris Agreement and net zero emissions by 2050. \n\nI know that you will be updating your policy in August this year. As a customer and shareholder I am calling on you to finally live up to your climate commitments and rule out financing for all new fossil fuel projects and the companies developing them.  \n\nSincerely,<\/textarea><\/div><\/div><div id=\"field_582_37\" class=\"gfield gfield--type-text gfield--width-full field_sublabel_below gfield--has-description field_description_above field_validation_below gfield_visibility_visible\"  ><label class='gfield_label gform-field-label' for='input_582_37'>Subject<\/label><div class='gfield_description' id='gfield_description_582_37'>(Customer and shareholder - asking for information about ending business with the bank)<\/div><div class='ginput_container ginput_container_text'><input name='input_37' id='input_582_37' type='text' value='Start acting in-line with your commitments and stop funding new fossil fuels!' class='large'  aria-describedby=\"gfield_description_582_37\"    aria-invalid=\"false\"   \/><\/div><\/div><div id=\"field_582_38\" class=\"gfield gfield--type-textarea gfield--width-full field_sublabel_below gfield--has-description field_description_above field_validation_below gfield_visibility_visible\"  ><label class='gfield_label gform-field-label' for='input_582_38'>Your message to CommBank<\/label><div class='gfield_description' id='gfield_description_582_38'>(Customer and shareholder - asking for information about ending business with the bank)<\/div><div class='ginput_container ginput_container_textarea'><textarea name='input_38' id='input_582_38' class='textarea large'  aria-describedby=\"gfield_description_582_38\"    aria-invalid=\"false\"   rows='10' cols='50'>Dear Commonwealth Bank,\n\nIt is appalling that, despite your claimed commitment to the Paris Agreement and net zero emissions by 2050, you have continued to loan billions of dollars to fossil fuel projects and companies expanding these industries. \n\nSince 2016, Commonwealth Bank has loaned the second most to fossil fuels of Australia\u2019s big four banks, a whopping $15.8 billion. However, I was encouraged to see that, after a long and shameful history of pouring billions of dollars into fossil fuels and enabling billions of tonnes of emissions through your financing, you reined in fossil fuel lending significantly in 2022.  \n\nYet in the last two years, you have still financed companies with massive fossil fuel expansion plans. \n\nThis includes:\n- Santos, which plans to increase oil and gas production by 60% this decade. This is completely at odds with CommBank\u2019s oil and gas sector emissions reductions target. Not only are Santos&#039; plans a disaster for our climate, they are a disaster for the rights of Traditional Owners. The Barossa gas project is opposed by Traditional Owners, with an elder stating \u201cMunupi people don\u2019t want any fossil fuel activities off the coast of the Tiwi Islands\u201d. Yet Santos is still pushing ahead with the project, as well as the Narrabri gas project against the wishes of Gomeroi Traditional Owners. \n- Glencore, which has three new proposed coal mines currently under assessment - including the greenfield Wandoan mine, Glendell expansion, and the Hunter Valley Operations expansion. This company\u2019s plans are totally at odds with the International Energy Agency\u2019s finding that there can be no new or expanded coal mines in the pathway to net zero emissions by 2050. \n\nThese examples show Commonwealth Bank\u2019s climate policy is still not consistent with your commitments to the climate goals of the Paris Agreement and net zero emissions by 2050. \n\nI know that you will be updating your policy in August this year. As a customer and shareholder I am calling on you to finally live up to your climate commitments and rule out financing for all new fossil fuel projects and the companies developing them.  \n\nIf you fail to meet these demands, I would like to know how I can close my bank account with you.\n\nSincerely,<\/textarea><\/div><\/div><div id=\"field_582_31\" class=\"gfield gfield--type-text gfield--width-full field_sublabel_below gfield--has-description field_description_above field_validation_below gfield_visibility_visible\"  ><label class='gfield_label gform-field-label' for='input_582_31'>Subject<\/label><div class='gfield_description' id='gfield_description_582_31'>(Shareholder)<\/div><div class='ginput_container ginput_container_text'><input name='input_31' id='input_582_31' type='text' value='Start acting in-line with your commitments and stop funding new fossil fuels!' class='large'  aria-describedby=\"gfield_description_582_31\"    aria-invalid=\"false\"   \/><\/div><\/div><div id=\"field_582_21\" class=\"gfield gfield--type-textarea gfield--width-full field_sublabel_below gfield--has-description field_description_above field_validation_below gfield_visibility_visible\"  ><label class='gfield_label gform-field-label' for='input_582_21'>Your message to CommBank<\/label><div class='gfield_description' id='gfield_description_582_21'>(Shareholder)<\/div><div class='ginput_container ginput_container_textarea'><textarea name='input_21' id='input_582_21' class='textarea large'  aria-describedby=\"gfield_description_582_21\"    aria-invalid=\"false\"   rows='10' cols='50'>Dear Commonwealth Bank,\n\nIt is appalling that, despite your claimed commitment to the Paris Agreement and net zero emissions by 2050, you have continued to loan billions of dollars to fossil fuel projects and companies expanding these industries. \n\nSince 2016, Commonwealth Bank has loaned the second most to fossil fuels of Australia\u2019s big four banks, a whopping $15.8 billion. However, I was encouraged to see that, after a long and shameful history of pouring billions of dollars into fossil fuels and enabling billions of tonnes of emissions through your financing, you reined in fossil fuel lending significantly in 2022.  \n\nYet in the last two years, you have still financed companies with massive fossil fuel expansion plans. \n\nThis includes:\n- Santos, which plans to increase oil and gas production by 60% this decade. This is completely at odds with CommBank\u2019s oil and gas sector emissions reductions target. Not only are Santos&#039; plans a disaster for our climate, they are a disaster for the rights of Traditional Owners. The Barossa gas project is opposed by Traditional Owners, with an elder stating \u201cMunupi people don\u2019t want any fossil fuel activities off the coast of the Tiwi Islands\u201d. Yet Santos is still pushing ahead with the project, as well as the Narrabri gas project against the wishes of Gomeroi Traditional Owners. \n- Glencore, which has three new proposed coal mines currently under assessment - including the greenfield Wandoan mine, Glendell expansion, and the Hunter Valley Operations expansion. This company\u2019s plans are totally at odds with the International Energy Agency\u2019s finding that there can be no new or expanded coal mines in the pathway to net zero emissions by 2050. \n\nThese examples show Commonwealth Bank\u2019s climate policy is still not consistent with your commitments to the climate goals of the Paris Agreement and net zero emissions by 2050. \n\nI know that you will be updating your policy in August this year. As a shareholder I am calling on you to finally live up to your climate commitments and rule out financing for all new fossil fuel projects and the companies developing them.  \n\nSincerely,<\/textarea><\/div><\/div><div id=\"field_582_29\" class=\"gfield gfield--type-text gfield--width-full field_sublabel_below gfield--has-description field_description_above field_validation_below gfield_visibility_visible\"  ><label class='gfield_label gform-field-label' for='input_582_29'>Subject<\/label><div class='gfield_description' id='gfield_description_582_29'>(Neither customer nor shareholder)<\/div><div class='ginput_container ginput_container_text'><input name='input_29' id='input_582_29' type='text' value='Start acting in-line with your commitments and stop funding new fossil fuels!' class='large'  aria-describedby=\"gfield_description_582_29\"    aria-invalid=\"false\"   \/><\/div><\/div><div id=\"field_582_28\" class=\"gfield gfield--type-textarea field_sublabel_below gfield--has-description field_description_above field_validation_below gfield_visibility_visible\"  ><label class='gfield_label gform-field-label' for='input_582_28'>Your message to CommBank<\/label><div class='gfield_description' id='gfield_description_582_28'>(Neither customer nor shareholder)<\/div><div class='ginput_container ginput_container_textarea'><textarea name='input_28' id='input_582_28' class='textarea large'  aria-describedby=\"gfield_description_582_28\"    aria-invalid=\"false\"   rows='10' cols='50'>Dear Commonwealth Bank,\n\nIt is appalling that, despite your claimed commitment to the Paris Agreement and net zero emissions by 2050, you have continued to loan billions of dollars to fossil fuel projects and companies expanding these industries. \n\nSince 2016, Commonwealth Bank has loaned the second most to fossil fuels of Australia\u2019s big four banks, a whopping $15.8 billion. However, I was encouraged to see that, after a long and shameful history of pouring billions of dollars into fossil fuels and enabling billions of tonnes of emissions through your financing, you reined in fossil fuel lending significantly in 2022.  \n\nYet in the last two years, you have still financed companies with massive fossil fuel expansion plans. \n\nThis includes:\n- Santos, which plans to increase oil and gas production by 60% this decade. This is completely at odds with CommBank\u2019s oil and gas sector emissions reductions target. Not only are Santos&#039; plans a disaster for our climate, they are a disaster for the rights of Traditional Owners. The Barossa gas project is opposed by Traditional Owners, with an elder stating \u201cMunupi people don\u2019t want any fossil fuel activities off the coast of the Tiwi Islands\u201d. Yet Santos is still pushing ahead with the project, as well as the Narrabri gas project against the wishes of Gomeroi Traditional Owners. \n- Glencore, which has three new proposed coal mines currently under assessment - including the greenfield Wandoan mine, Glendell expansion, and the Hunter Valley Operations expansion. This company\u2019s plans are totally at odds with the International Energy Agency\u2019s finding that there can be no new or expanded coal mines in the pathway to net zero emissions by 2050. \n\nThese examples show Commonwealth Bank\u2019s climate policy is still not consistent with your commitments to the climate goals of the Paris Agreement and net zero emissions by 2050. \n\nI know that you will be updating your policy in August this year. I am calling on you to finally live up to your climate commitments and rule out financing for all new fossil fuel projects and the companies developing them.  \n\nSincerely,<\/textarea><\/div><\/div><fieldset id=\"field_582_9\" class=\"gfield gfield--type-checkbox gfield--type-choice field_sublabel_below gfield--no-description field_description_below hidden_label field_validation_below gfield_visibility_visible\"  ><legend class='gfield_label gform-field-label gfield_label_before_complex' >Yes, I want to hear more from Market Forces about this campaign<\/legend><div class='ginput_container ginput_container_checkbox'><div class='gfield_checkbox ' id='input_582_9'><div class='gchoice gchoice_582_9_1'>\n\t\t\t\t\t\t\t\t<input class='gfield-choice-input' name='input_9.1' type='checkbox'  value='Yes, I want to hear more from Market Forces about this campaign' checked='checked' id='choice_582_9_1'   \/>\n\t\t\t\t\t\t\t\t<label for='choice_582_9_1' id='label_582_9_1' class='gform-field-label gform-field-label--type-inline'>Yes, I want to hear more from Market Forces about this campaign<\/label>\n\t\t\t\t\t\t\t<\/div><\/div><\/div><\/fieldset><fieldset id=\"field_582_39\" class=\"gfield gfield--type-checkbox gfield--type-choice gfield--width-full field_sublabel_below gfield--no-description field_description_below field_validation_below gfield_visibility_hidden\"  ><div class=\"admin-hidden-markup\"><i class=\"gform-icon gform-icon--hidden\" aria-hidden=\"true\" title=\"This field is hidden when viewing the form\"><\/i><span>This field is hidden when viewing the form<\/span><\/div><legend class='gfield_label gform-field-label gfield_label_before_complex' >PASS DATA - MAIN LIST: Are you an CommBank customer or shareholder -&gt; CommBank customer<\/legend><div class='ginput_container ginput_container_checkbox'><div class='gfield_checkbox ' id='input_582_39'><div class='gchoice gchoice_582_39_1'>\n\t\t\t\t\t\t\t\t<input class='gfield-choice-input' name='input_39.1' type='checkbox'  value='a CommBank customer' checked='checked' id='choice_582_39_1'   \/>\n\t\t\t\t\t\t\t\t<label for='choice_582_39_1' id='label_582_39_1' class='gform-field-label gform-field-label--type-inline'>a CommBank customer<\/label>\n\t\t\t\t\t\t\t<\/div><\/div><\/div><\/fieldset><fieldset id=\"field_582_40\" class=\"gfield gfield--type-checkbox gfield--type-choice gfield--width-full field_sublabel_below gfield--no-description field_description_below field_validation_below gfield_visibility_hidden\"  ><div class=\"admin-hidden-markup\"><i class=\"gform-icon gform-icon--hidden\" aria-hidden=\"true\" title=\"This field is hidden when viewing the form\"><\/i><span>This field is hidden when viewing the form<\/span><\/div><legend class='gfield_label gform-field-label gfield_label_before_complex' >PASS DATA - MAIN LIST: Are you an CommBank customer or shareholder -&gt; CommBank shareholder<\/legend><div class='ginput_container ginput_container_checkbox'><div class='gfield_checkbox ' id='input_582_40'><div class='gchoice gchoice_582_40_1'>\n\t\t\t\t\t\t\t\t<input class='gfield-choice-input' name='input_40.1' type='checkbox'  value='a CommBank shareholder' checked='checked' id='choice_582_40_1'   \/>\n\t\t\t\t\t\t\t\t<label for='choice_582_40_1' id='label_582_40_1' class='gform-field-label gform-field-label--type-inline'>a CommBank shareholder<\/label>\n\t\t\t\t\t\t\t<\/div><\/div><\/div><\/fieldset><fieldset id=\"field_582_32\" class=\"gfield gfield--type-checkbox gfield--type-choice gfield--width-full field_sublabel_below gfield--no-description field_description_below field_validation_below gfield_visibility_hidden\"  ><div class=\"admin-hidden-markup\"><i class=\"gform-icon gform-icon--hidden\" aria-hidden=\"true\" title=\"This field is hidden when viewing the form\"><\/i><span>This field is hidden when viewing the form<\/span><\/div><legend class='gfield_label gform-field-label gfield_label_before_complex' >TOOK ACTION: Banks - CommBank Banking Climate Failure - May 2023<\/legend><div class='ginput_container ginput_container_checkbox'><div class='gfield_checkbox ' id='input_582_32'><div class='gchoice gchoice_582_32_1'>\n\t\t\t\t\t\t\t\t<input class='gfield-choice-input' name='input_32.1' type='checkbox'  value='TOOK ACTION: Banks - CommBank Banking Climate Failure - May 2023' checked='checked' id='choice_582_32_1'   \/>\n\t\t\t\t\t\t\t\t<label for='choice_582_32_1' id='label_582_32_1' class='gform-field-label gform-field-label--type-inline'>TOOK ACTION: Banks - CommBank Banking Climate Failure - May 2023<\/label>\n\t\t\t\t\t\t\t<\/div><\/div><\/div><\/fieldset><\/div><\/div>\n        <div class='gform-footer gform_footer top_label'> <input type='submit' id='gform_submit_button_582' class='gform_button button' onclick='gform.submission.handleButtonClick(this);' data-submission-type='submit' value='Contact CommBank'  \/> \n            <input type='hidden' class='gform_hidden' name='gform_submission_method' data-js='gform_submission_method_582' value='postback' \/>\n            <input type='hidden' class='gform_hidden' name='gform_theme' data-js='gform_theme_582' id='gform_theme_582' value='gravity-theme' \/>\n            <input type='hidden' class='gform_hidden' name='gform_style_settings' data-js='gform_style_settings_582' id='gform_style_settings_582' value='[]' \/>\n            <input type='hidden' class='gform_hidden' name='is_submit_582' value='1' \/>\n            <input type='hidden' class='gform_hidden' name='gform_submit' value='582' \/>\n            \n            <input type='hidden' class='gform_hidden' name='gform_currency' data-currency='AUD' value='XDSuz1dP9sBeTjCJse1sxskfNxSLaUB+pc81HLXy\/ERmzYisO7P9OsMN0Tl1vyTL48gZsCo6K66s5Zz4xbcEXFDduuKLdBSXKB91snEd0YoKYyQ=' \/>\n            <input type='hidden' class='gform_hidden' name='gform_unique_id' value='' \/>\n            <input type='hidden' class='gform_hidden' name='state_582' value='WyJ7XCIzM1wiOltcIjRmOTZjOGQ2NWRlNjI2YThkZjY2YWQ0NDQ3NzNjZDE0XCIsXCIyMGMwYjA5ODljNzZjMzI3NTYxNTliMTdjZThlOThkY1wiLFwiNGM0ZDgwNTMzMWRmYjVmMzkyZDAzYjZiODUwN2MyY2RcIixcIjU1NjczYTMyZTI0N2ExMjg4YmU4ZDZmMzAwMGJiMTNkXCJdLFwiMzRcIjpbXCI4YzQ4ZTczZmE2YTZkZWE5MGZlNGVkOGI2ZDcwZGFmOVwiLFwiYmQ4M2I1MGI0ZjFlNmZkOWM1NTI4NzA2ZDcyYTBjNDdcIl0sXCIzOS4xXCI6XCIzOWU1OGM4NzUwY2VjYmU3ZmQxZjU0YjQzMjkwM2ZkZFwiLFwiNDAuMVwiOlwiYzIzNGNhOTc1NmI0OWU3MGFkNDE4ZWUxY2NhZmJhYjhcIn0iLCJhZDcyYTg0Y2RkMWRmMGVhMDg0YzFhMDc1ZGUyOTViNyJd' \/>\n            <input type='hidden' autocomplete='off' class='gform_hidden' name='gform_target_page_number_582' id='gform_target_page_number_582' value='0' \/>\n            <input type='hidden' autocomplete='off' class='gform_hidden' name='gform_source_page_number_582' id='gform_source_page_number_582' value='1' \/>\n            <input type='hidden' name='gform_field_values' value='' \/>\n            \n        <\/div>\n                        <\/form>\n                        <\/div><script type=\"text\/javascript\">\n\/* <![CDATA[ *\/\n gform.initializeOnLoaded( function() {gformInitSpinner( 582, 'https:\/\/www.marketforces.org.au\/wp-content\/plugins\/gravityforms\/images\/spinner.svg', true );jQuery('#gform_ajax_frame_582').on('load',function(){var contents = jQuery(this).contents().find('*').html();var is_postback = contents.indexOf('GF_AJAX_POSTBACK') >= 0;if(!is_postback){return;}var form_content = jQuery(this).contents().find('#gform_wrapper_582');var is_confirmation = jQuery(this).contents().find('#gform_confirmation_wrapper_582').length > 0;var is_redirect = contents.indexOf('gformRedirect(){') >= 0;var is_form = form_content.length > 0 && ! is_redirect && ! is_confirmation;var mt = parseInt(jQuery('html').css('margin-top'), 10) + parseInt(jQuery('body').css('margin-top'), 10) + 100;if(is_form){form_content.find('form').css('opacity', 0);jQuery('#gform_wrapper_582').html(form_content.html());if(form_content.hasClass('gform_validation_error')){jQuery('#gform_wrapper_582').addClass('gform_validation_error');} else {jQuery('#gform_wrapper_582').removeClass('gform_validation_error');}setTimeout( function() { \/* delay the scroll by 50 milliseconds to fix a bug in chrome *\/  }, 50 );if(window['gformInitDatepicker']) {gformInitDatepicker();}if(window['gformInitPriceFields']) {gformInitPriceFields();}var current_page = jQuery('#gform_source_page_number_582').val();gformInitSpinner( 582, 'https:\/\/www.marketforces.org.au\/wp-content\/plugins\/gravityforms\/images\/spinner.svg', true );jQuery(document).trigger('gform_page_loaded', [582, current_page]);window['gf_submitting_582'] = false;}else if(!is_redirect){var confirmation_content = jQuery(this).contents().find('.GF_AJAX_POSTBACK').html();if(!confirmation_content){confirmation_content = contents;}jQuery('#gform_wrapper_582').replaceWith(confirmation_content);jQuery(document).trigger('gform_confirmation_loaded', [582]);window['gf_submitting_582'] = false;wp.a11y.speak(jQuery('#gform_confirmation_message_582').text());}else{jQuery('#gform_582').append(contents);if(window['gformRedirect']) {gformRedirect();}}jQuery(document).trigger(\"gform_pre_post_render\", [{ formId: \"582\", currentPage: \"current_page\", abort: function() { this.preventDefault(); } }]);        if (event && event.defaultPrevented) {                return;        }        const gformWrapperDiv = document.getElementById( \"gform_wrapper_582\" );        if ( gformWrapperDiv ) {            const visibilitySpan = document.createElement( \"span\" );            visibilitySpan.id = \"gform_visibility_test_582\";            gformWrapperDiv.insertAdjacentElement( \"afterend\", visibilitySpan );        }        const visibilityTestDiv = document.getElementById( \"gform_visibility_test_582\" );        let postRenderFired = false;        function triggerPostRender() {            if ( postRenderFired ) {                return;            }            postRenderFired = true;            gform.core.triggerPostRenderEvents( 582, current_page );            if ( visibilityTestDiv ) {                visibilityTestDiv.parentNode.removeChild( visibilityTestDiv );            }        }        function debounce( func, wait, immediate ) {            var timeout;            return function() {                var context = this, args = arguments;                var later = function() {                    timeout = null;                    if ( !immediate ) func.apply( context, args );                };                var callNow = immediate && !timeout;                clearTimeout( timeout );                timeout = setTimeout( later, wait );                if ( callNow ) func.apply( context, args );            };        }        const debouncedTriggerPostRender = debounce( function() {            triggerPostRender();        }, 200 );        if ( visibilityTestDiv && visibilityTestDiv.offsetParent === null ) {            const observer = new MutationObserver( ( mutations ) => {                mutations.forEach( ( mutation ) => {                    if ( mutation.type === 'attributes' && visibilityTestDiv.offsetParent !== null ) {                        debouncedTriggerPostRender();                        observer.disconnect();                    }                });            });            observer.observe( document.body, {                attributes: true,                childList: false,                subtree: true,                attributeFilter: [ 'style', 'class' ],            });        } else {            triggerPostRender();        }    } );} ); \n\/* ]]> *\/\n<\/script>\n\n<p>[\/et_pb_tab][et_pb_tab title=&#8221;NAB&#8221; _builder_version=&#8221;4.20.2&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n\n                <div class='gf_browser_unknown gform_wrapper gravity-theme gform-theme--no-framework mf-gf-material-design_wrapper' data-form-theme='gravity-theme' data-form-index='0' id='gform_wrapper_583' style='display:none'>\n                        <div class='gform_heading'>\n                            <p class='gform_description'><\/p>\n                        <\/div><form method='post' enctype='multipart\/form-data'  id='gform_583' class='mf-gf-material-design' action='\/wp-json\/wp\/v2\/pages\/69731' data-formid='583' novalidate><div class='gf_invisible ginput_recaptchav3' data-sitekey='6LdpG74bAAAAAAfG76zCHaW_pwUx9zp9bP05qG2y' data-tabindex='0'><input id=\"input_2c5e2dd00a46fd1ed14bd27d6be6b4b3\" class=\"gfield_recaptcha_response\" type=\"hidden\" name=\"input_2c5e2dd00a46fd1ed14bd27d6be6b4b3\" value=\"\"\/><\/div>\n                        <div class='gform-body gform_body'><div id='gform_fields_583' class='gform_fields top_label form_sublabel_below description_below validation_below'><fieldset id=\"field_583_1\" class=\"gfield gfield--type-name gfield_contains_required field_sublabel_below gfield--no-description field_description_below field_validation_below gfield_visibility_visible\"  ><legend class='gfield_label gform-field-label gfield_label_before_complex' >Name<span class=\"gfield_required\"><span class=\"gfield_required gfield_required_text\">(Required)<\/span><\/span><\/legend><div class='ginput_complex ginput_container ginput_container--name no_prefix has_first_name no_middle_name has_last_name no_suffix gf_name_has_2 ginput_container_name gform-grid-row' id='input_583_1'>\n                            \n                            <span id='input_583_1_3_container' class='name_first gform-grid-col gform-grid-col--size-auto' >\n                                                    <input type='text' name='input_1.3' id='input_583_1_3' value=''   aria-required='true'     \/>\n                                                    <label for='input_583_1_3' class='gform-field-label gform-field-label--type-sub '>First<\/label>\n                                                <\/span>\n                            \n                            <span id='input_583_1_6_container' class='name_last gform-grid-col gform-grid-col--size-auto' >\n                                                    <input type='text' name='input_1.6' id='input_583_1_6' value=''   aria-required='true'     \/>\n                                                    <label for='input_583_1_6' class='gform-field-label gform-field-label--type-sub '>Last<\/label>\n                                                <\/span>\n                            \n                        <\/div><\/fieldset><div id=\"field_583_2\" class=\"gfield gfield--type-email gfield_contains_required field_sublabel_below gfield--no-description field_description_below field_validation_below gfield_visibility_visible\"  ><label class='gfield_label gform-field-label' for='input_583_2'>Email<span class=\"gfield_required\"><span class=\"gfield_required gfield_required_text\">(Required)<\/span><\/span><\/label><div class='ginput_container ginput_container_email'>\n                            <input name='input_2' id='input_583_2' type='email' value='' class='large'    aria-required=\"true\" aria-invalid=\"false\"  \/>\n                        <\/div><\/div><fieldset id=\"field_583_33\" class=\"gfield gfield--type-radio gfield--type-choice gfield--width-full field_sublabel_below gfield--no-description field_description_below field_validation_below gfield_visibility_visible\"  ><legend class='gfield_label gform-field-label' >Are you an NAB customer or shareholder?<\/legend><div class='ginput_container ginput_container_radio'><div class='gfield_radio' id='input_583_33'>\n\t\t\t<div class='gchoice gchoice_583_33_0'>\n\t\t\t\t\t<input class='gfield-choice-input' name='input_33' type='radio' value='Customer' checked='checked' id='choice_583_33_0' onchange='gformToggleRadioOther( this )'    \/>\n\t\t\t\t\t<label for='choice_583_33_0' id='label_583_33_0' class='gform-field-label gform-field-label--type-inline'>Customer<\/label>\n\t\t\t<\/div>\n\t\t\t<div class='gchoice gchoice_583_33_1'>\n\t\t\t\t\t<input class='gfield-choice-input' name='input_33' type='radio' value='Both a customer and shareholder'  id='choice_583_33_1' onchange='gformToggleRadioOther( this )'    \/>\n\t\t\t\t\t<label for='choice_583_33_1' id='label_583_33_1' class='gform-field-label gform-field-label--type-inline'>Both a customer and shareholder<\/label>\n\t\t\t<\/div>\n\t\t\t<div class='gchoice gchoice_583_33_2'>\n\t\t\t\t\t<input class='gfield-choice-input' name='input_33' type='radio' value='Shareholder'  id='choice_583_33_2' onchange='gformToggleRadioOther( this )'    \/>\n\t\t\t\t\t<label for='choice_583_33_2' id='label_583_33_2' class='gform-field-label gform-field-label--type-inline'>Shareholder<\/label>\n\t\t\t<\/div>\n\t\t\t<div class='gchoice gchoice_583_33_3'>\n\t\t\t\t\t<input class='gfield-choice-input' name='input_33' type='radio' value='Neither'  id='choice_583_33_3' onchange='gformToggleRadioOther( this )'    \/>\n\t\t\t\t\t<label for='choice_583_33_3' id='label_583_33_3' class='gform-field-label gform-field-label--type-inline'>Neither<\/label>\n\t\t\t<\/div><\/div><\/div><\/fieldset><fieldset id=\"field_583_34\" class=\"gfield gfield--type-radio gfield--type-choice gfield--width-full field_sublabel_below gfield--no-description field_description_below field_validation_below gfield_visibility_visible\"  ><legend class='gfield_label gform-field-label' >I would like to...<\/legend><div class='ginput_container ginput_container_radio'><div class='gfield_radio' id='input_583_34'>\n\t\t\t<div class='gchoice gchoice_583_34_0'>\n\t\t\t\t\t<input class='gfield-choice-input' name='input_34' type='radio' value='Give the bank one last chance'  id='choice_583_34_0' onchange='gformToggleRadioOther( this )'    \/>\n\t\t\t\t\t<label for='choice_583_34_0' id='label_583_34_0' class='gform-field-label gform-field-label--type-inline'>Give the bank one last chance<\/label>\n\t\t\t<\/div>\n\t\t\t<div class='gchoice gchoice_583_34_1'>\n\t\t\t\t\t<input class='gfield-choice-input' name='input_34' type='radio' value='Ask for information about ending business with the bank'  id='choice_583_34_1' onchange='gformToggleRadioOther( this )'    \/>\n\t\t\t\t\t<label for='choice_583_34_1' id='label_583_34_1' class='gform-field-label gform-field-label--type-inline'>Ask for information about ending business with the bank<\/label>\n\t\t\t<\/div><\/div><\/div><\/fieldset><div id=\"field_583_27\" class=\"gfield gfield--type-text field_sublabel_below gfield--has-description field_description_above field_validation_below gfield_visibility_visible\"  ><label class='gfield_label gform-field-label' for='input_583_27'>Subject<\/label><div class='gfield_description' id='gfield_description_583_27'>(Customer - giving the bank one last chance)<\/div><div class='ginput_container ginput_container_text'><input name='input_27' id='input_583_27' type='text' value='Start acting in-line with your commitments and stop funding new fossil fuels' class='large'  aria-describedby=\"gfield_description_583_27\"    aria-invalid=\"false\"   \/><\/div><\/div><div id=\"field_583_20\" class=\"gfield gfield--type-textarea gfield--width-full field_sublabel_below gfield--has-description field_description_above field_validation_below gfield_visibility_visible\"  ><label class='gfield_label gform-field-label' for='input_583_20'>Your message to NAB<\/label><div class='gfield_description' id='gfield_description_583_20'>(Customer - giving the bank one last chance)<\/div><div class='ginput_container ginput_container_textarea'><textarea name='input_20' id='input_583_20' class='textarea large'  aria-describedby=\"gfield_description_583_20\"    aria-invalid=\"false\"   rows='10' cols='50'>Dear NAB,\n\nIt is appalling that, despite your claimed commitment to the Paris Agreement and net zero emissions by 2050, you have continued to loan billions of dollars to fossil fuel projects and companies expanding these industries. \n\nIn the last two years, NAB has increased its financing of fossil fuels to be on-par with perennial climate laggard, ANZ. Since 2016, you have loaned a whopping $14.1 billion to the fossil fuel industry, with $4.5 billion of this financing coming in 2021 and 2022. It\u2019s disturbing that as the climate crisis worsens, NAB is regressing rather than progressing. \n\nIt is utterly shameful that in the past two years alone you loaned $2.4 billion to new or expanded fossil fuel projects and companies with fossil fuel expansion plans. \n\nThis includes funding for:\n- Global Infrastructure Partners, in a loan that enabled Woodside to proceed with the climate wrecking Scarborough\/Pluto 2 gas project. Conservative estimates put the emissions from this project at 637 million tonnes of CO2 equivalent, with independent analysis concluding the project \u201crepresents a bet against the world implementing the Paris Agreement\u201d.\n- Santos, which plans to increase oil and gas production by 60% this decade. This is completely at odds with NAB&#039;s oil and gas sector emissions reductions target. Not only are Santos&#039; plans a disaster for our climate, they are a disaster for the rights of Traditional Owners. The Barossa gas project is opposed by Traditional Owners, with an elder stating \u201cMunupi people don\u2019t want any fossil fuel activities off the coast of the Tiwi Islands\u201d. Yet Santos is still pushing ahead with the project, as well as the Narrabri gas project against the wishes of Gomeroi Traditional Owners. \n\nFurther, in February 2020, you loaned $110 million to Whitehaven Coal, Australia\u2019s biggest undiversified coal miner. Whitehaven has already announced that it will commence early mining of its Vickery thermal coal deposit and has plans to scale up production at the site in a second phase development to be decided on later this year. A full scale Vickery coal mine would be a climate disaster, unleashing almost 370 million tonnes of carbon dioxide equivalent (CO2-e) between now and 2047. Meanwhile, Whitehaven\u2019s proposed Winchester South mine would unleash almost 550 million tonnes of CO2-e over its 30 year lifespan. As this loan nears its maturity, NAB has still not ruled out refinancing Whitehaven Coal. \n\nThese examples are just some of many. It is beyond comprehension that your climate policy gives climate destroying coal, oil and gas companies a free pass until at least 2025 when the world\u2019s leading experts have already made clear that we have no room for new fossil fuels.\n\nWhen it comes to action on climate change, you have become a laggard amongst your peers. However, NAB still has a chance to prevent even further damage from being inflicted on people and planet. \n\nYour clients, Whitehaven and Santos have plans to develop the following new or expanded projects in the next few years: \n\nSantos \n- Papua LNG (363 MtCO2-e)\n- Narrabri gas project (84 MtCO2-e)\n- Dorado (151 MtCO2-e) \n- Darwin LNG\/Barossa gas field (260 MtCO2-e)  \n\nWhitehaven Coal \n- Vickery coal mine (full-scale) (330 MtCO2-e) \n- Winchester South coal mine (550 MtCO2-e) \n\nAs a customer I am calling on you not to finance these destructive plans, either through project finance or corporate lending to Santos or Whitehaven Coal. To live up to your claimed support for Paris and net zero emissions by 2050, I demand NAB categorically rule out lending to any new or expanded fossil fuel projects or the companies developing them.\n\nSincerely,<\/textarea><\/div><\/div><div id=\"field_583_35\" class=\"gfield gfield--type-text gfield--width-full field_sublabel_below gfield--has-description field_description_above field_validation_below gfield_visibility_visible\"  ><label class='gfield_label gform-field-label' for='input_583_35'>Subject<\/label><div class='gfield_description' id='gfield_description_583_35'>(Customer - asking for information about ending business with the bank)<\/div><div class='ginput_container ginput_container_text'><input name='input_35' id='input_583_35' type='text' value='Start acting in-line with your commitments and stop funding new fossil fuels' class='large'  aria-describedby=\"gfield_description_583_35\"    aria-invalid=\"false\"   \/><\/div><\/div><div id=\"field_583_36\" class=\"gfield gfield--type-textarea gfield--width-full field_sublabel_below gfield--has-description field_description_above field_validation_below gfield_visibility_visible\"  ><label class='gfield_label gform-field-label' for='input_583_36'>Your message to NAB<\/label><div class='gfield_description' id='gfield_description_583_36'>(Customer - asking for information about ending business with the bank)<\/div><div class='ginput_container ginput_container_textarea'><textarea name='input_36' id='input_583_36' class='textarea large'  aria-describedby=\"gfield_description_583_36\"    aria-invalid=\"false\"   rows='10' cols='50'>Dear NAB,\n\nIt is appalling that, despite your claimed commitment to the Paris Agreement and net zero emissions by 2050, you have continued to loan billions of dollars to fossil fuel projects and companies expanding these industries. \n\nIn the last two years, NAB has increased its financing of fossil fuels to be on-par with perennial climate laggard, ANZ. Since 2016, you have loaned a whopping $14.1 billion to the fossil fuel industry, with $4.5 billion of this financing coming in 2021 and 2022. It\u2019s disturbing that as the climate crisis worsens, NAB is regressing rather than progressing. \n\nIt is utterly shameful that in the past two years alone you loaned $2.4 billion to new or expanded fossil fuel projects and companies with fossil fuel expansion plans. \n\nThis includes funding for:\n- Global Infrastructure Partners, in a loan that enabled Woodside to proceed with the climate wrecking Scarborough\/Pluto 2 gas project. Conservative estimates put the emissions from this project at 637 million tonnes of CO2 equivalent, with independent analysis concluding the project \u201crepresents a bet against the world implementing the Paris Agreement\u201d.\n- Santos, which plans to increase oil and gas production by 60% this decade. This is completely at odds with NAB\u2019s oil and gas sector emissions reductions target. Not only are Santos&#039; plans a disaster for our climate, they are a disaster for the rights of Traditional Owners. The Barossa gas project is opposed by Traditional Owners, with an elder stating \u201cMunupi people don\u2019t want any fossil fuel activities off the coast of the Tiwi Islands\u201d. Yet Santos is still pushing ahead with the project, as well as the Narrabri gas project against the wishes of Gomeroi Traditional Owners. \n\nFurther, in February 2020, you loaned $110 million to Whitehaven Coal, Australia\u2019s biggest undiversified coal miner. Whitehaven has already announced that it will commence early mining of its Vickery thermal coal deposit and has plans to scale up production at the site in a second phase development to be decided on later this year. A full scale Vickery coal mine would be a climate disaster, unleashing almost 370 million tonnes of carbon dioxide equivalent (CO2-e) between now and 2047. Meanwhile, Whitehaven\u2019s proposed Winchester South mine would unleash almost 550 million tonnes of CO2-e over its 30 year lifespan. As this loan nears its maturity, NAB has still not ruled out refinancing Whitehaven Coal. \n\nThese examples are just some of many. It is beyond comprehension that your climate policy gives climate destroying coal, oil and gas companies a free pass until at least 2025 when the world\u2019s leading experts have already made clear that we have no room for new fossil fuels.\n\nWhen it comes to action on climate change, you have become a laggard amongst your peers. However, NAB still has a chance to prevent even further damage from being inflicted on people and planet. \n\nYour clients, Whitehaven and Santos have plans to develop the following new or expanded projects in the next few years: \n\nSantos \n- Papua LNG (363 MtCO2-e)\n- Narrabri gas project (84 MtCO2-e)\n- Dorado (151 MtCO2-e) \n- Darwin LNG\/Barossa gas field (260 MtCO2-e)  \n\nWhitehaven Coal \n- Vickery coal mine (full-scale) (330 MtCO2-e) \n- Winchester South coal mine (550 MtCO2-e) \n\nAs a customer I am calling on you not to finance these destructive plans, either through project finance or corporate lending to Santos or Whitehaven Coal. To live up to your claimed support for Paris and net zero emissions by 2050, I demand NAB categorically rule out lending to any new or expanded fossil fuel projects or the companies developing them.\n\nIf you fail to meet these demands, I would like to know how I can close my bank account with you.\n\nSincerely,<\/textarea><\/div><\/div><div id=\"field_583_30\" class=\"gfield gfield--type-text gfield--width-full field_sublabel_below gfield--has-description field_description_above field_validation_below gfield_visibility_visible\"  ><label class='gfield_label gform-field-label' for='input_583_30'>Subject<\/label><div class='gfield_description' id='gfield_description_583_30'>(Customer and shareholder - giving the bank one last chance)<\/div><div class='ginput_container ginput_container_text'><input name='input_30' id='input_583_30' type='text' value='Start acting in-line with your commitments and stop funding new fossil fuels' class='large'  aria-describedby=\"gfield_description_583_30\"    aria-invalid=\"false\"   \/><\/div><\/div><div id=\"field_583_22\" class=\"gfield gfield--type-textarea gfield--width-full field_sublabel_below gfield--has-description field_description_above field_validation_below gfield_visibility_visible\"  ><label class='gfield_label gform-field-label' for='input_583_22'>Your message to NAB<\/label><div class='gfield_description' id='gfield_description_583_22'>\n(Customer and shareholder - giving the bank one last chance)<\/div><div class='ginput_container ginput_container_textarea'><textarea name='input_22' id='input_583_22' class='textarea large'  aria-describedby=\"gfield_description_583_22\"    aria-invalid=\"false\"   rows='10' cols='50'>Dear NAB,\n\nIt is appalling that, despite your claimed commitment to the Paris Agreement and net zero emissions by 2050, you have continued to loan billions of dollars to fossil fuel projects and companies expanding these industries. \n\nIn the last two years, NAB has increased its financing of fossil fuels to be on-par with perennial climate laggard, ANZ. Since 2016, you have loaned a whopping $14.1 billion to the fossil fuel industry, with $4.5 billion of this financing coming in 2021 and 2022. It\u2019s disturbing that as the climate crisis worsens, NAB is regressing rather than progressing. \n\nIt is utterly shameful that in the past two years alone you loaned $2.4 billion to new or expanded fossil fuel projects and companies with fossil fuel expansion plans. \n\nThis includes funding for:\n- Global Infrastructure Partners, in a loan that enabled Woodside to proceed with the climate wrecking Scarborough\/Pluto 2 gas project. Conservative estimates put the emissions from this project at 637 million tonnes of CO2 equivalent, with independent analysis concluding the project \u201crepresents a bet against the world implementing the Paris Agreement\u201d.\n- Santos, which plans to increase oil and gas production by 60% this decade. This is completely at odds with NAB\u2019s oil and gas sector emissions reductions target. Not only are Santos&#039; plans a disaster for our climate, they are a disaster for the rights of Traditional Owners. The Barossa gas project is opposed by Traditional Owners, with an elder stating \u201cMunupi people don\u2019t want any fossil fuel activities off the coast of the Tiwi Islands\u201d. Yet Santos is still pushing ahead with the project, as well as the Narrabri gas project against the wishes of Gomeroi Traditional Owners. \n\nFurther, in February 2020, you loaned $110 million to Whitehaven Coal, Australia\u2019s biggest undiversified coal miner. Whitehaven has already announced that it will commence early mining of its Vickery thermal coal deposit and has plans to scale up production at the site in a second phase development to be decided on later this year. A full scale Vickery coal mine would be a climate disaster, unleashing almost 370 million tonnes of carbon dioxide equivalent (CO2-e) between now and 2047. Meanwhile, Whitehaven\u2019s proposed Winchester South mine would unleash almost 550 million tonnes of CO2-e over its 30 year lifespan. As this loan nears its maturity, NAB has still not ruled out refinancing Whitehaven Coal. \n\nThese examples are just some of many. It is beyond comprehension that your climate policy gives climate destroying coal, oil and gas companies a free pass until at least 2025 when the world\u2019s leading experts have already made clear that we have no room for new fossil fuels.\n\nWhen it comes to action on climate change, you have become a laggard amongst your peers. However, NAB still has a chance to prevent even further damage from being inflicted on people and planet. \n\nYour clients, Whitehaven and Santos have plans to develop the following new or expanded projects in the next few years: \n\nSantos \n- Papua LNG (363 MtCO2-e)\n- Narrabri gas project (84 MtCO2-e)\n- Dorado (151 MtCO2-e) \n- Darwin LNG\/Barossa gas field (260 MtCO2-e)  \n\nWhitehaven Coal \n- Vickery coal mine (full-scale) (330 MtCO2-e) \n- Winchester South coal mine (550 MtCO2-e) \n\nAs a customer and shareholder I am calling on you not to finance these destructive plans, either through project finance or corporate lending to Santos or Whitehaven Coal. To live up to your claimed support for Paris and net zero emissions by 2050, I demand NAB categorically rule out lending to any new or expanded fossil fuel projects or the companies developing them.\n\nSincerely,<\/textarea><\/div><\/div><div id=\"field_583_37\" class=\"gfield gfield--type-text gfield--width-full field_sublabel_below gfield--has-description field_description_above field_validation_below gfield_visibility_visible\"  ><label class='gfield_label gform-field-label' for='input_583_37'>Subject<\/label><div class='gfield_description' id='gfield_description_583_37'>(Customer and shareholder - asking for information about ending business with the bank)<\/div><div class='ginput_container ginput_container_text'><input name='input_37' id='input_583_37' type='text' value='Start acting in-line with your commitments and stop funding new fossil fuels' class='large'  aria-describedby=\"gfield_description_583_37\"    aria-invalid=\"false\"   \/><\/div><\/div><div id=\"field_583_38\" class=\"gfield gfield--type-textarea gfield--width-full field_sublabel_below gfield--has-description field_description_above field_validation_below gfield_visibility_visible\"  ><label class='gfield_label gform-field-label' for='input_583_38'>Your message to NAB<\/label><div class='gfield_description' id='gfield_description_583_38'>(Customer and shareholder - asking for information about ending business with the bank)<\/div><div class='ginput_container ginput_container_textarea'><textarea name='input_38' id='input_583_38' class='textarea large'  aria-describedby=\"gfield_description_583_38\"    aria-invalid=\"false\"   rows='10' cols='50'>Dear NAB,\n\nIt is appalling that, despite your claimed commitment to the Paris Agreement and net zero emissions by 2050, you have continued to loan billions of dollars to fossil fuel projects and companies expanding these industries. \n\nIn the last two years, NAB has increased its financing of fossil fuels to be on-par with perennial climate laggard, ANZ. Since 2016, you have loaned a whopping $14.1 billion to the fossil fuel industry, with $4.5 billion of this financing coming in 2021 and 2022. It\u2019s disturbing that as the climate crisis worsens, NAB is regressing rather than progressing. \n\nIt is utterly shameful that in the past two years alone you loaned $2.4 billion to new or expanded fossil fuel projects and companies with fossil fuel expansion plans. \n\nThis includes funding for:\n- Global Infrastructure Partners, in a loan that enabled Woodside to proceed with the climate wrecking Scarborough\/Pluto 2 gas project. Conservative estimates put the emissions from this project at 637 million tonnes of CO2 equivalent, with independent analysis concluding the project \u201crepresents a bet against the world implementing the Paris Agreement\u201d.\n- Santos, which plans to increase oil and gas production by 60% this decade. This is completely at odds with NAB\u2019s oil and gas sector emissions reductions target. Not only are Santos&#039; plans a disaster for our climate, they are a disaster for the rights of Traditional Owners. The Barossa gas project is opposed by Traditional Owners, with an elder stating \u201cMunupi people don\u2019t want any fossil fuel activities off the coast of the Tiwi Islands\u201d. Yet Santos is still pushing ahead with the project, as well as the Narrabri gas project against the wishes of Gomeroi Traditional Owners. \n\nFurther, in February 2020, you loaned $110 million to Whitehaven Coal, Australia\u2019s biggest undiversified coal miner. Whitehaven has already announced that it will commence early mining of its Vickery thermal coal deposit and has plans to scale up production at the site in a second phase development to be decided on later this year. A full scale Vickery coal mine would be a climate disaster, unleashing almost 370 million tonnes of carbon dioxide equivalent (CO2-e) between now and 2047. Meanwhile, Whitehaven\u2019s proposed Winchester South mine would unleash almost 550 million tonnes of CO2-e over its 30 year lifespan. As this loan nears its maturity, NAB has still not ruled out refinancing Whitehaven Coal. \n\nThese examples are just some of many. It is beyond comprehension that your climate policy gives climate destroying coal, oil and gas companies a free pass until at least 2025 when the world\u2019s leading experts have already made clear that we have no room for new fossil fuels.\n\nWhen it comes to action on climate change, you have become a laggard amongst your peers. However, NAB still has a chance to prevent even further damage from being inflicted on people and planet. \n\nYour clients, Whitehaven and Santos have plans to develop the following new or expanded projects in the next few years: \n\nSantos \n- Papua LNG (363 MtCO2-e)\n- Narrabri gas project (84 MtCO2-e)\n- Dorado (151 MtCO2-e) \n- Darwin LNG\/Barossa gas field (260 MtCO2-e)  \n\nWhitehaven Coal \n- Vickery coal mine (full-scale) (330 MtCO2-e) \n- Winchester South coal mine (550 MtCO2-e) \n\nAs a customer and shareholder I am calling on you not to finance these destructive plans, either through project finance or corporate lending to Santos or Whitehaven Coal. To live up to your claimed support for Paris and net zero emissions by 2050, I demand NAB categorically rule out lending to any new or expanded fossil fuel projects or the companies developing them.\n\nIf you fail to meet these demands, I would like to know how I can close my bank account with you.\n\nSincerely,<\/textarea><\/div><\/div><div id=\"field_583_31\" class=\"gfield gfield--type-text gfield--width-full field_sublabel_below gfield--has-description field_description_above field_validation_below gfield_visibility_visible\"  ><label class='gfield_label gform-field-label' for='input_583_31'>Subject<\/label><div class='gfield_description' id='gfield_description_583_31'>(Shareholder)<\/div><div class='ginput_container ginput_container_text'><input name='input_31' id='input_583_31' type='text' value='Start acting in-line with your commitments and stop funding new fossil fuels' class='large'  aria-describedby=\"gfield_description_583_31\"    aria-invalid=\"false\"   \/><\/div><\/div><div id=\"field_583_21\" class=\"gfield gfield--type-textarea gfield--width-full field_sublabel_below gfield--has-description field_description_above field_validation_below gfield_visibility_visible\"  ><label class='gfield_label gform-field-label' for='input_583_21'>Your message to NAB<\/label><div class='gfield_description' id='gfield_description_583_21'>(Shareholder)<\/div><div class='ginput_container ginput_container_textarea'><textarea name='input_21' id='input_583_21' class='textarea large'  aria-describedby=\"gfield_description_583_21\"    aria-invalid=\"false\"   rows='10' cols='50'>Dear NAB,\n\nIt is appalling that, despite your claimed commitment to the Paris Agreement and net zero emissions by 2050, you have continued to loan billions of dollars to fossil fuel projects and companies expanding these industries. \n\nIn the last two years, NAB has increased its financing of fossil fuels to be on-par with perennial climate laggard, ANZ. Since 2016, you have loaned a whopping $14.1 billion to the fossil fuel industry, with $4.5 billion of this financing coming in 2021 and 2022. It\u2019s disturbing that as the climate crisis worsens, NAB is regressing rather than progressing. \n\nIt is utterly shameful that in the past two years alone you loaned $2.4 billion to new or expanded fossil fuel projects and companies with fossil fuel expansion plans. \n\nThis includes funding for:\n- Global Infrastructure Partners, in a loan that enabled Woodside to proceed with the climate wrecking Scarborough\/Pluto 2 gas project. Conservative estimates put the emissions from this project at 637 million tonnes of CO2 equivalent, with independent analysis concluding the project \u201crepresents a bet against the world implementing the Paris Agreement\u201d.\n- Santos, which plans to increase oil and gas production by 60% this decade. This is completely at odds with NAB\u2019s oil and gas sector emissions reductions target. Not only are Santos&#039; plans a disaster for our climate, they are a disaster for the rights of Traditional Owners. The Barossa gas project is opposed by Traditional Owners, with an elder stating \u201cMunupi people don\u2019t want any fossil fuel activities off the coast of the Tiwi Islands\u201d. Yet Santos is still pushing ahead with the project, as well as the Narrabri gas project against the wishes of Gomeroi Traditional Owners. \n\nFurther, in February 2020, you loaned $110 million to Whitehaven Coal, Australia\u2019s biggest undiversified coal miner. Whitehaven has already announced that it will commence early mining of its Vickery thermal coal deposit and has plans to scale up production at the site in a second phase development to be decided on later this year. A full scale Vickery coal mine would be a climate disaster, unleashing almost 370 million tonnes of carbon dioxide equivalent (CO2-e) between now and 2047. Meanwhile, Whitehaven\u2019s proposed Winchester South mine would unleash almost 550 million tonnes of CO2-e over its 30 year lifespan. As this loan nears its maturity, NAB has still not ruled out refinancing Whitehaven Coal. \n\nThese examples are just some of many. It is beyond comprehension that your climate policy gives climate destroying coal, oil and gas companies a free pass until at least 2025 when the world\u2019s leading experts have already made clear that we have no room for new fossil fuels.\n\nWhen it comes to action on climate change, you have become a laggard amongst your peers. However, NAB still has a chance to prevent even further damage from being inflicted on people and planet. \n\nYour clients, Whitehaven and Santos have plans to develop the following new or expanded projects in the next few years: \n\nSantos \n- Papua LNG (363 MtCO2-e)\n- Narrabri gas project (84 MtCO2-e)\n- Dorado (151 MtCO2-e) \n- Darwin LNG\/Barossa gas field (260 MtCO2-e)  \n\nWhitehaven Coal \n- Vickery coal mine (full-scale) (330 MtCO2-e) \n- Winchester South coal mine (550 MtCO2-e) \n\nAs a shareholder I am calling on you not to finance these destructive plans, either through project finance or corporate lending to Santos or Whitehaven Coal. To live up to your claimed support for Paris and net zero emissions by 2050, I demand NAB categorically rule out lending to any new or expanded fossil fuel projects or the companies developing them.\n\nSincerely,<\/textarea><\/div><\/div><div id=\"field_583_29\" class=\"gfield gfield--type-text gfield--width-full field_sublabel_below gfield--has-description field_description_above field_validation_below gfield_visibility_visible\"  ><label class='gfield_label gform-field-label' for='input_583_29'>Subject<\/label><div class='gfield_description' id='gfield_description_583_29'>(Neither customer nor shareholder)<\/div><div class='ginput_container ginput_container_text'><input name='input_29' id='input_583_29' type='text' value='Start acting in-line with your commitments and stop funding new fossil fuels' class='large'  aria-describedby=\"gfield_description_583_29\"    aria-invalid=\"false\"   \/><\/div><\/div><div id=\"field_583_28\" class=\"gfield gfield--type-textarea field_sublabel_below gfield--has-description field_description_above field_validation_below gfield_visibility_visible\"  ><label class='gfield_label gform-field-label' for='input_583_28'>Your message to NAB<\/label><div class='gfield_description' id='gfield_description_583_28'>(Neither customer nor shareholder)<\/div><div class='ginput_container ginput_container_textarea'><textarea name='input_28' id='input_583_28' class='textarea large'  aria-describedby=\"gfield_description_583_28\"    aria-invalid=\"false\"   rows='10' cols='50'>Dear NAB,\n\nIt is appalling that, despite your claimed commitment to the Paris Agreement and net zero emissions by 2050, you have continued to loan billions of dollars to fossil fuel projects and companies expanding these industries. \n\nIn the last two years, NAB has increased its financing of fossil fuels to be on-par with perennial climate laggard, ANZ. Since 2016, you have loaned a whopping $14.1 billion to the fossil fuel industry, with $4.5 billion of this financing coming in 2021 and 2022. It\u2019s disturbing that as the climate crisis worsens, NAB is regressing rather than progressing. \n\nIt is utterly shameful that in the past two years alone you loaned $2.4 billion to new or expanded fossil fuel projects and companies with fossil fuel expansion plans. \n\nThis includes funding for:\n- Global Infrastructure Partners, in a loan that enabled Woodside to proceed with the climate wrecking Scarborough\/Pluto 2 gas project. Conservative estimates put the emissions from this project at 637 million tonnes of CO2 equivalent, with independent analysis concluding the project \u201crepresents a bet against the world implementing the Paris Agreement\u201d.\n- Santos, which plans to increase oil and gas production by 60% this decade. This is completely at odds with NAB&#039;s oil and gas sector emissions reductions target. Not only are Santos&#039; plans a disaster for our climate, they are a disaster for the rights of Traditional Owners. The Barossa gas project is opposed by Traditional Owners, with an elder stating \u201cMunupi people don\u2019t want any fossil fuel activities off the coast of the Tiwi Islands\u201d. Yet Santos is still pushing ahead with the project, as well as the Narrabri gas project against the wishes of Gomeroi Traditional Owners. \n\nFurther, in February 2020, you loaned $110 million to Whitehaven Coal, Australia\u2019s biggest undiversified coal miner. Whitehaven has already announced that it will commence early mining of its Vickery thermal coal deposit and has plans to scale up production at the site in a second phase development to be decided on later this year. A full scale Vickery coal mine would be a climate disaster, unleashing almost 370 million tonnes of carbon dioxide equivalent (CO2-e) between now and 2047. Meanwhile, Whitehaven\u2019s proposed Winchester South mine would unleash almost 550 million tonnes of CO2-e over its 30 year lifespan. As this loan nears its maturity, NAB has still not ruled out refinancing Whitehaven Coal. \n\nThese examples are just some of many. It is beyond comprehension that your climate policy gives climate destroying coal, oil and gas companies a free pass until at least 2025 when the world\u2019s leading experts have already made clear that we have no room for new fossil fuels.\n\nWhen it comes to action on climate change, you have become a laggard amongst your peers. However, NAB still has a chance to prevent even further damage from being inflicted on people and planet. \n\nYour clients, Whitehaven and Santos have plans to develop the following new or expanded projects in the next few years: \n\nSantos \n- Papua LNG (363 MtCO2-e)\n- Narrabri gas project (84 MtCO2-e)\n- Dorado (151 MtCO2-e) \n- Darwin LNG\/Barossa gas field (260 MtCO2-e)  \n\nWhitehaven Coal \n- Vickery coal mine (full-scale) (330 MtCO2-e) \n- Winchester South coal mine (550 MtCO2-e) \n\nI am calling on you not to finance these destructive plans, either through project finance or corporate lending to Santos or Whitehaven Coal. To live up to your claimed support for Paris and net zero emissions by 2050, I demand NAB categorically rule out lending to any new or expanded fossil fuel projects or the companies developing them.\n\nSincerely,<\/textarea><\/div><\/div><fieldset id=\"field_583_9\" class=\"gfield gfield--type-checkbox gfield--type-choice field_sublabel_below gfield--no-description field_description_below hidden_label field_validation_below gfield_visibility_visible\"  ><legend class='gfield_label gform-field-label gfield_label_before_complex' >Yes, I want to hear more from Market Forces about this campaign<\/legend><div class='ginput_container ginput_container_checkbox'><div class='gfield_checkbox ' id='input_583_9'><div class='gchoice gchoice_583_9_1'>\n\t\t\t\t\t\t\t\t<input class='gfield-choice-input' name='input_9.1' type='checkbox'  value='Yes, I want to hear more from Market Forces about this campaign' checked='checked' id='choice_583_9_1'   \/>\n\t\t\t\t\t\t\t\t<label for='choice_583_9_1' id='label_583_9_1' class='gform-field-label gform-field-label--type-inline'>Yes, I want to hear more from Market Forces about this campaign<\/label>\n\t\t\t\t\t\t\t<\/div><\/div><\/div><\/fieldset><fieldset id=\"field_583_39\" class=\"gfield gfield--type-checkbox gfield--type-choice gfield--width-full field_sublabel_below gfield--no-description field_description_below field_validation_below gfield_visibility_hidden\"  ><div class=\"admin-hidden-markup\"><i class=\"gform-icon gform-icon--hidden\" aria-hidden=\"true\" title=\"This field is hidden when viewing the form\"><\/i><span>This field is hidden when viewing the form<\/span><\/div><legend class='gfield_label gform-field-label gfield_label_before_complex' >PASS DATA - MAIN LIST: Are you an NAB customer or shareholder -&gt; NAB customer<\/legend><div class='ginput_container ginput_container_checkbox'><div class='gfield_checkbox ' id='input_583_39'><div class='gchoice gchoice_583_39_1'>\n\t\t\t\t\t\t\t\t<input class='gfield-choice-input' name='input_39.1' type='checkbox'  value='NAB customer' checked='checked' id='choice_583_39_1'   \/>\n\t\t\t\t\t\t\t\t<label for='choice_583_39_1' id='label_583_39_1' class='gform-field-label gform-field-label--type-inline'>NAB customer<\/label>\n\t\t\t\t\t\t\t<\/div><\/div><\/div><\/fieldset><fieldset id=\"field_583_40\" class=\"gfield gfield--type-checkbox gfield--type-choice gfield--width-full field_sublabel_below gfield--no-description field_description_below field_validation_below gfield_visibility_hidden\"  ><div class=\"admin-hidden-markup\"><i class=\"gform-icon gform-icon--hidden\" aria-hidden=\"true\" title=\"This field is hidden when viewing the form\"><\/i><span>This field is hidden when viewing the form<\/span><\/div><legend class='gfield_label gform-field-label gfield_label_before_complex' >PASS DATA - MAIN LIST: Are you an NAB customer or shareholder -&gt; NAB shareholder<\/legend><div class='ginput_container ginput_container_checkbox'><div class='gfield_checkbox ' id='input_583_40'><div class='gchoice gchoice_583_40_1'>\n\t\t\t\t\t\t\t\t<input class='gfield-choice-input' name='input_40.1' type='checkbox'  value='NAB shareholder' checked='checked' id='choice_583_40_1'   \/>\n\t\t\t\t\t\t\t\t<label for='choice_583_40_1' id='label_583_40_1' class='gform-field-label gform-field-label--type-inline'>NAB shareholder<\/label>\n\t\t\t\t\t\t\t<\/div><\/div><\/div><\/fieldset><fieldset id=\"field_583_32\" class=\"gfield gfield--type-checkbox gfield--type-choice gfield--width-full field_sublabel_below gfield--no-description field_description_below field_validation_below gfield_visibility_hidden\"  ><div class=\"admin-hidden-markup\"><i class=\"gform-icon gform-icon--hidden\" aria-hidden=\"true\" title=\"This field is hidden when viewing the form\"><\/i><span>This field is hidden when viewing the form<\/span><\/div><legend class='gfield_label gform-field-label gfield_label_before_complex' >TOOK ACTION: Banks - NAB Banking Climate Failure - May 2023<\/legend><div class='ginput_container ginput_container_checkbox'><div class='gfield_checkbox ' id='input_583_32'><div class='gchoice gchoice_583_32_1'>\n\t\t\t\t\t\t\t\t<input class='gfield-choice-input' name='input_32.1' type='checkbox'  value='TOOK ACTION: Banks - NAB Banking Climate Failure - May 2023' checked='checked' id='choice_583_32_1'   \/>\n\t\t\t\t\t\t\t\t<label for='choice_583_32_1' id='label_583_32_1' class='gform-field-label gform-field-label--type-inline'>TOOK ACTION: Banks - NAB Banking Climate Failure - May 2023<\/label>\n\t\t\t\t\t\t\t<\/div><\/div><\/div><\/fieldset><\/div><\/div>\n        <div class='gform-footer gform_footer top_label'> <input type='submit' id='gform_submit_button_583' class='gform_button button' onclick='gform.submission.handleButtonClick(this);' data-submission-type='submit' value='Contact NAB'  \/> \n            <input type='hidden' class='gform_hidden' name='gform_submission_method' data-js='gform_submission_method_583' value='postback' \/>\n            <input type='hidden' class='gform_hidden' name='gform_theme' data-js='gform_theme_583' id='gform_theme_583' value='gravity-theme' \/>\n            <input type='hidden' class='gform_hidden' name='gform_style_settings' data-js='gform_style_settings_583' id='gform_style_settings_583' value='[]' \/>\n            <input type='hidden' class='gform_hidden' name='is_submit_583' value='1' \/>\n            <input type='hidden' class='gform_hidden' name='gform_submit' value='583' \/>\n            \n            <input type='hidden' class='gform_hidden' name='gform_currency' data-currency='AUD' value='Atsq64d2yZQf3CQ0jxrJZ5Jf+xquB715HhTtESjS5y14S5YBCKkmTjmtxoSq\/SW5tJ9hmN34QPRlAyU1WXamXefqSUq3iq9Blc4Edl5xFjd\/kHM=' \/>\n            <input type='hidden' class='gform_hidden' name='gform_unique_id' value='' \/>\n            <input type='hidden' class='gform_hidden' name='state_583' value='WyJ7XCIzM1wiOltcIjRmOTZjOGQ2NWRlNjI2YThkZjY2YWQ0NDQ3NzNjZDE0XCIsXCIyMGMwYjA5ODljNzZjMzI3NTYxNTliMTdjZThlOThkY1wiLFwiNGM0ZDgwNTMzMWRmYjVmMzkyZDAzYjZiODUwN2MyY2RcIixcIjU1NjczYTMyZTI0N2ExMjg4YmU4ZDZmMzAwMGJiMTNkXCJdLFwiMzRcIjpbXCI4YzQ4ZTczZmE2YTZkZWE5MGZlNGVkOGI2ZDcwZGFmOVwiLFwiYmQ4M2I1MGI0ZjFlNmZkOWM1NTI4NzA2ZDcyYTBjNDdcIl0sXCIzOS4xXCI6XCI1MmY4YzM2MWFiZjZjMjM2YmE5N2QxZDVlYzM0MjMzZlwiLFwiNDAuMVwiOlwiNDdkMjE4OTZhOTYyMGNiZGM0MmU3ZjUzMjFlNDZkYzVcIn0iLCI4OGYzOWQwOGYxZDVjOTkwNTJmNmFlOTliMGRjNDdkNyJd' \/>\n            <input type='hidden' autocomplete='off' class='gform_hidden' name='gform_target_page_number_583' id='gform_target_page_number_583' value='0' \/>\n            <input type='hidden' autocomplete='off' class='gform_hidden' name='gform_source_page_number_583' id='gform_source_page_number_583' value='1' \/>\n            <input type='hidden' name='gform_field_values' value='' \/>\n            \n        <\/div>\n                        <\/form>\n                        <\/div><script type=\"text\/javascript\">\n\/* <![CDATA[ *\/\n gform.initializeOnLoaded( function() {gformInitSpinner( 583, 'https:\/\/www.marketforces.org.au\/wp-content\/plugins\/gravityforms\/images\/spinner.svg', true );jQuery('#gform_ajax_frame_583').on('load',function(){var contents = jQuery(this).contents().find('*').html();var is_postback = contents.indexOf('GF_AJAX_POSTBACK') >= 0;if(!is_postback){return;}var form_content = jQuery(this).contents().find('#gform_wrapper_583');var is_confirmation = jQuery(this).contents().find('#gform_confirmation_wrapper_583').length > 0;var is_redirect = contents.indexOf('gformRedirect(){') >= 0;var is_form = form_content.length > 0 && ! is_redirect && ! is_confirmation;var mt = parseInt(jQuery('html').css('margin-top'), 10) + parseInt(jQuery('body').css('margin-top'), 10) + 100;if(is_form){form_content.find('form').css('opacity', 0);jQuery('#gform_wrapper_583').html(form_content.html());if(form_content.hasClass('gform_validation_error')){jQuery('#gform_wrapper_583').addClass('gform_validation_error');} else {jQuery('#gform_wrapper_583').removeClass('gform_validation_error');}setTimeout( function() { \/* delay the scroll by 50 milliseconds to fix a bug in chrome *\/  }, 50 );if(window['gformInitDatepicker']) {gformInitDatepicker();}if(window['gformInitPriceFields']) {gformInitPriceFields();}var current_page = jQuery('#gform_source_page_number_583').val();gformInitSpinner( 583, 'https:\/\/www.marketforces.org.au\/wp-content\/plugins\/gravityforms\/images\/spinner.svg', true );jQuery(document).trigger('gform_page_loaded', [583, current_page]);window['gf_submitting_583'] = false;}else if(!is_redirect){var confirmation_content = jQuery(this).contents().find('.GF_AJAX_POSTBACK').html();if(!confirmation_content){confirmation_content = contents;}jQuery('#gform_wrapper_583').replaceWith(confirmation_content);jQuery(document).trigger('gform_confirmation_loaded', [583]);window['gf_submitting_583'] = false;wp.a11y.speak(jQuery('#gform_confirmation_message_583').text());}else{jQuery('#gform_583').append(contents);if(window['gformRedirect']) {gformRedirect();}}jQuery(document).trigger(\"gform_pre_post_render\", [{ formId: \"583\", currentPage: \"current_page\", abort: function() { this.preventDefault(); } }]);        if (event && event.defaultPrevented) {                return;        }        const gformWrapperDiv = document.getElementById( \"gform_wrapper_583\" );        if ( gformWrapperDiv ) {            const visibilitySpan = document.createElement( \"span\" );            visibilitySpan.id = \"gform_visibility_test_583\";            gformWrapperDiv.insertAdjacentElement( \"afterend\", visibilitySpan );        }        const visibilityTestDiv = document.getElementById( \"gform_visibility_test_583\" );        let postRenderFired = false;        function triggerPostRender() {            if ( postRenderFired ) {                return;            }            postRenderFired = true;            gform.core.triggerPostRenderEvents( 583, current_page );            if ( visibilityTestDiv ) {                visibilityTestDiv.parentNode.removeChild( visibilityTestDiv );            }        }        function debounce( func, wait, immediate ) {            var timeout;            return function() {                var context = this, args = arguments;                var later = function() {                    timeout = null;                    if ( !immediate ) func.apply( context, args );                };                var callNow = immediate && !timeout;                clearTimeout( timeout );                timeout = setTimeout( later, wait );                if ( callNow ) func.apply( context, args );            };        }        const debouncedTriggerPostRender = debounce( function() {            triggerPostRender();        }, 200 );        if ( visibilityTestDiv && visibilityTestDiv.offsetParent === null ) {            const observer = new MutationObserver( ( mutations ) => {                mutations.forEach( ( mutation ) => {                    if ( mutation.type === 'attributes' && visibilityTestDiv.offsetParent !== null ) {                        debouncedTriggerPostRender();                        observer.disconnect();                    }                });            });            observer.observe( document.body, {                attributes: true,                childList: false,                subtree: true,                attributeFilter: [ 'style', 'class' ],            });        } else {            triggerPostRender();        }    } );} ); \n\/* ]]> *\/\n<\/script>\n\n<p>[\/et_pb_tab][et_pb_tab title=&#8221;Westpac&#8221; _builder_version=&#8221;4.20.2&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n\n                <div class='gf_browser_unknown gform_wrapper gravity-theme gform-theme--no-framework mf-gf-material-design_wrapper' data-form-theme='gravity-theme' data-form-index='0' id='gform_wrapper_584' style='display:none'>\n                        <div class='gform_heading'>\n                            <p class='gform_description'><\/p>\n                        <\/div><form method='post' enctype='multipart\/form-data'  id='gform_584' class='mf-gf-material-design' action='\/wp-json\/wp\/v2\/pages\/69731' data-formid='584' novalidate><div class='gf_invisible ginput_recaptchav3' data-sitekey='6LdpG74bAAAAAAfG76zCHaW_pwUx9zp9bP05qG2y' data-tabindex='0'><input id=\"input_56f81bab3c7103873cf82b811b0fff7b\" class=\"gfield_recaptcha_response\" type=\"hidden\" name=\"input_56f81bab3c7103873cf82b811b0fff7b\" value=\"\"\/><\/div>\n                        <div class='gform-body gform_body'><div id='gform_fields_584' class='gform_fields top_label form_sublabel_below description_below validation_below'><fieldset id=\"field_584_1\" class=\"gfield gfield--type-name gfield_contains_required field_sublabel_below gfield--no-description field_description_below field_validation_below gfield_visibility_visible\"  ><legend class='gfield_label gform-field-label gfield_label_before_complex' >Name<span class=\"gfield_required\"><span class=\"gfield_required gfield_required_text\">(Required)<\/span><\/span><\/legend><div class='ginput_complex ginput_container ginput_container--name no_prefix has_first_name no_middle_name has_last_name no_suffix gf_name_has_2 ginput_container_name gform-grid-row' id='input_584_1'>\n                            \n                            <span id='input_584_1_3_container' class='name_first gform-grid-col gform-grid-col--size-auto' >\n                                                    <input type='text' name='input_1.3' id='input_584_1_3' value=''   aria-required='true'     \/>\n                                                    <label for='input_584_1_3' class='gform-field-label gform-field-label--type-sub '>First<\/label>\n                                                <\/span>\n                            \n                            <span id='input_584_1_6_container' class='name_last gform-grid-col gform-grid-col--size-auto' >\n                                                    <input type='text' name='input_1.6' id='input_584_1_6' value=''   aria-required='true'     \/>\n                                                    <label for='input_584_1_6' class='gform-field-label gform-field-label--type-sub '>Last<\/label>\n                                                <\/span>\n                            \n                        <\/div><\/fieldset><div id=\"field_584_2\" class=\"gfield gfield--type-email gfield_contains_required field_sublabel_below gfield--no-description field_description_below field_validation_below gfield_visibility_visible\"  ><label class='gfield_label gform-field-label' for='input_584_2'>Email<span class=\"gfield_required\"><span class=\"gfield_required gfield_required_text\">(Required)<\/span><\/span><\/label><div class='ginput_container ginput_container_email'>\n                            <input name='input_2' id='input_584_2' type='email' value='' class='large'    aria-required=\"true\" aria-invalid=\"false\"  \/>\n                        <\/div><\/div><fieldset id=\"field_584_33\" class=\"gfield gfield--type-radio gfield--type-choice gfield--width-full field_sublabel_below gfield--no-description field_description_below field_validation_below gfield_visibility_visible\"  ><legend class='gfield_label gform-field-label' >Are you an Westpac customer or shareholder?<\/legend><div class='ginput_container ginput_container_radio'><div class='gfield_radio' id='input_584_33'>\n\t\t\t<div class='gchoice gchoice_584_33_0'>\n\t\t\t\t\t<input class='gfield-choice-input' name='input_33' type='radio' value='Customer' checked='checked' id='choice_584_33_0' onchange='gformToggleRadioOther( this )'    \/>\n\t\t\t\t\t<label for='choice_584_33_0' id='label_584_33_0' class='gform-field-label gform-field-label--type-inline'>Customer<\/label>\n\t\t\t<\/div>\n\t\t\t<div class='gchoice gchoice_584_33_1'>\n\t\t\t\t\t<input class='gfield-choice-input' name='input_33' type='radio' value='Both a customer and shareholder'  id='choice_584_33_1' onchange='gformToggleRadioOther( this )'    \/>\n\t\t\t\t\t<label for='choice_584_33_1' id='label_584_33_1' class='gform-field-label gform-field-label--type-inline'>Both a customer and shareholder<\/label>\n\t\t\t<\/div>\n\t\t\t<div class='gchoice gchoice_584_33_2'>\n\t\t\t\t\t<input class='gfield-choice-input' name='input_33' type='radio' value='Shareholder'  id='choice_584_33_2' onchange='gformToggleRadioOther( this )'    \/>\n\t\t\t\t\t<label for='choice_584_33_2' id='label_584_33_2' class='gform-field-label gform-field-label--type-inline'>Shareholder<\/label>\n\t\t\t<\/div>\n\t\t\t<div class='gchoice gchoice_584_33_3'>\n\t\t\t\t\t<input class='gfield-choice-input' name='input_33' type='radio' value='Neither'  id='choice_584_33_3' onchange='gformToggleRadioOther( this )'    \/>\n\t\t\t\t\t<label for='choice_584_33_3' id='label_584_33_3' class='gform-field-label gform-field-label--type-inline'>Neither<\/label>\n\t\t\t<\/div><\/div><\/div><\/fieldset><fieldset id=\"field_584_34\" class=\"gfield gfield--type-radio gfield--type-choice gfield--width-full field_sublabel_below gfield--no-description field_description_below field_validation_below gfield_visibility_visible\"  ><legend class='gfield_label gform-field-label' >I would like to...<\/legend><div class='ginput_container ginput_container_radio'><div class='gfield_radio' id='input_584_34'>\n\t\t\t<div class='gchoice gchoice_584_34_0'>\n\t\t\t\t\t<input class='gfield-choice-input' name='input_34' type='radio' value='Give the bank one last chance'  id='choice_584_34_0' onchange='gformToggleRadioOther( this )'    \/>\n\t\t\t\t\t<label for='choice_584_34_0' id='label_584_34_0' class='gform-field-label gform-field-label--type-inline'>Give the bank one last chance<\/label>\n\t\t\t<\/div>\n\t\t\t<div class='gchoice gchoice_584_34_1'>\n\t\t\t\t\t<input class='gfield-choice-input' name='input_34' type='radio' value='Ask for information about ending business with the bank'  id='choice_584_34_1' onchange='gformToggleRadioOther( this )'    \/>\n\t\t\t\t\t<label for='choice_584_34_1' id='label_584_34_1' class='gform-field-label gform-field-label--type-inline'>Ask for information about ending business with the bank<\/label>\n\t\t\t<\/div><\/div><\/div><\/fieldset><div id=\"field_584_27\" class=\"gfield gfield--type-text field_sublabel_below gfield--has-description field_description_above field_validation_below gfield_visibility_visible\"  ><label class='gfield_label gform-field-label' for='input_584_27'>Subject<\/label><div class='gfield_description' id='gfield_description_584_27'>(Customer - giving the bank one last chance)<\/div><div class='ginput_container ginput_container_text'><input name='input_27' id='input_584_27' type='text' value='Start acting in-line with your commitments and stop funding new fossil fuels!' class='large'  aria-describedby=\"gfield_description_584_27\"    aria-invalid=\"false\"   \/><\/div><\/div><div id=\"field_584_20\" class=\"gfield gfield--type-textarea gfield--width-full field_sublabel_below gfield--has-description field_description_above field_validation_below gfield_visibility_visible\"  ><label class='gfield_label gform-field-label' for='input_584_20'>Your message to Westpac<\/label><div class='gfield_description' id='gfield_description_584_20'>(Customer - giving the bank one last chance)<\/div><div class='ginput_container ginput_container_textarea'><textarea name='input_20' id='input_584_20' class='textarea large'  aria-describedby=\"gfield_description_584_20\"    aria-invalid=\"false\"   rows='10' cols='50'>Dear Westpac,\n\nIt is appalling that, despite your claimed commitment to the Paris Agreement and net zero emissions by 2050, you have continued to loan billions of dollars to fossil fuel projects and companies expanding these industries. \n\nIn the last two years, Westpac has lost its title of lowest lender to fossil fuels among Australia\u2019s big four banks.  \n\nI was also disappointed to learn that since 2016 you have not reduced your annual lending to fossil fuels. In 2022, Westpac loaned the most to fossil fuels it has in any year since 2016! 2022 was a year of shocking deals for Westpac, financing some of Australia\u2019s most disastrous fossil fuel projects and the companies developing them. \n\nThis includes funding for:\n- Global Infrastructure Partners, in a loan that enabled Woodside to proceed with the climate-wrecking Scarborough\/Pluto 2 gas project. Conservative estimates put the emissions from this project at 637 million tonnes of CO2 equivalent, with independent analysis concluding the project \u201crepresents a bet against the world implementing the Paris Agreement\u201d \n- Santos, which plans to increase oil and gas production by 60% this decade. This is completely at odds with Westpac\u2019s oil and gas sector emissions reductions target. Not only are Santos&#039; plans a disaster for our climate, they are a disaster for the rights of Traditional Owners. The Barossa gas project is opposed by Traditional Owners, with an elder stating \u201cMunupi people don\u2019t want any fossil fuel activities off the coast of the Tiwi Islands\u201d. Yet Santos is still pushing ahead with the project, as well as the Narrabri gas project against the wishes of Gomeroi Traditional Owners. \n- Woodside, which plans to increase oil and gas production by 45% by 2027. Woodside has five planned new or expanded oil and gas projects in the pipeline. If allowed to go ahead, conservative estimates put the cumulative impact of these projects at over 2 billion tonnes of carbon dioxide, more than four times Australia\u2019s annual emissions.  \n\nThese examples are just some of many. It is beyond comprehension that your climate policy gives climate-destroying coal, oil and gas companies a free pass until at least 2025 when the world\u2019s leading experts have already made clear that we have no room for new fossil fuels.\n\nFurther, in February 2020, you loaned $110 million to Whitehaven Coal, Australia\u2019s biggest undiversified coal miner. Whitehaven has already announced that it will commence early mining of its Vickery thermal coal deposit and has plans to scale up production at the site in a second phase development to be decided on later this year. A full scale Vickery coal mine would be a climate disaster, unleashing almost 370 million tonnes of carbon dioxide equivalent (CO2-e) between now and 2047. Meanwhile, Whitehaven\u2019s proposed Winchester South mine would unleash almost 550 million tonnes of CO2-e over its 30 year lifespan. As this loan nears its maturity, Westpac has still not ruled out refinancing Whitehaven Coal. \n\nYour clients, Santos, Woodside and Whitehaven Coal have plans to develop the following new or expanded projects in the next few years: \n\nSantos \n- Papua LNG (363 MtCO2-e)\n- Narrabri gas project (84 MtCO2-e)\n- Dorado (151 MtCO2-e) \n- Darwin LNG\/Barossa gas field (260 MtCO2-e)  \n\nWoodside \n- Trion oil field (215 MtCO2-e)\n- Browse\/North-West Shelf LNG project (887 MtCO2-e) \n- Calypso gas project (183 MtCO2-e)\n\nWhitehaven Coal \n- Vickery coal mine (full-scale) (330 MtCO2-e) \n- Winchester South coal mine (550 MtCO2-e) \n\nAs a customer I am calling on you not to finance these destructive plans, either through project finance or corporate lending to Santos, Woodside or Whitehaven Coal. To live up to your claimed support for Paris and net zero emissions by 2050, I demand Westpac categorically rule out lending to any new or expanded fossil fuel projects or the companies developing them.\n\nSincerely,<\/textarea><\/div><\/div><div id=\"field_584_35\" class=\"gfield gfield--type-text gfield--width-full field_sublabel_below gfield--has-description field_description_above field_validation_below gfield_visibility_visible\"  ><label class='gfield_label gform-field-label' for='input_584_35'>Subject<\/label><div class='gfield_description' id='gfield_description_584_35'>(Customer - asking for information about ending business with the bank)<\/div><div class='ginput_container ginput_container_text'><input name='input_35' id='input_584_35' type='text' value='Start acting in-line with your commitments and stop funding new fossil fuels!' class='large'  aria-describedby=\"gfield_description_584_35\"    aria-invalid=\"false\"   \/><\/div><\/div><div id=\"field_584_36\" class=\"gfield gfield--type-textarea gfield--width-full field_sublabel_below gfield--has-description field_description_above field_validation_below gfield_visibility_visible\"  ><label class='gfield_label gform-field-label' for='input_584_36'>Your message to Westpac<\/label><div class='gfield_description' id='gfield_description_584_36'>(Customer - asking for information about ending business with the bank)<\/div><div class='ginput_container ginput_container_textarea'><textarea name='input_36' id='input_584_36' class='textarea large'  aria-describedby=\"gfield_description_584_36\"    aria-invalid=\"false\"   rows='10' cols='50'>Dear Westpac,\n\nIt is appalling that, despite your claimed commitment to the Paris Agreement and net zero emissions by 2050, you have continued to loan billions of dollars to fossil fuel projects and companies expanding these industries. \n\nIn the last two years, Westpac has lost its title of lowest lender to fossil fuels among Australia\u2019s big four banks.  \n\nI was also disappointed to learn that since 2016 you have not reduced your annual lending to fossil fuels. In 2022, Westpac loaned the most to fossil fuels it has in any year since 2016! 2022 was a year of shocking deals for Westpac, financing some of Australia\u2019s most disastrous fossil fuel projects and the companies developing them. \n\nThis includes funding for:\n- Global Infrastructure Partners, in a loan that enabled Woodside to proceed with the climate-wrecking Scarborough\/Pluto 2 gas project. Conservative estimates put the emissions from this project at 637 million tonnes of CO2 equivalent, with independent analysis concluding the project \u201crepresents a bet against the world implementing the Paris Agreement\u201d \n- Santos, which plans to increase oil and gas production by 60% this decade. This is completely at odds with Westpac\u2019s oil and gas sector emissions reductions target. Not only are Santos&#039; plans a disaster for our climate, they are a disaster for the rights of Traditional Owners. The Barossa gas project is opposed by Traditional Owners, with an elder stating \u201cMunupi people don\u2019t want any fossil fuel activities off the coast of the Tiwi Islands\u201d. Yet Santos is still pushing ahead with the project, as well as the Narrabri gas project against the wishes of Gomeroi Traditional Owners. \n- Woodside, which plans to increase oil and gas production by 45% by 2027. Woodside has five planned new or expanded oil and gas projects in the pipeline. If allowed to go ahead, conservative estimates put the cumulative impact of these projects at over 2 billion tonnes of carbon dioxide, more than four times Australia\u2019s annual emissions.  \n\nThese examples are just some of many. It is beyond comprehension that your climate policy gives climate-destroying coal, oil and gas companies a free pass until at least 2025 when the world\u2019s leading experts have already made clear that we have no room for new fossil fuels.\n\nFurther, in February 2020, you loaned $110 million to Whitehaven Coal, Australia\u2019s biggest undiversified coal miner. Whitehaven has already announced that it will commence early mining of its Vickery thermal coal deposit and has plans to scale up production at the site in a second phase development to be decided on later this year. A full scale Vickery coal mine would be a climate disaster, unleashing almost 370 million tonnes of carbon dioxide equivalent (CO2-e) between now and 2047. Meanwhile, Whitehaven\u2019s proposed Winchester South mine would unleash almost 550 million tonnes of CO2-e over its 30 year lifespan. As this loan nears its maturity, Westpac has still not ruled out refinancing Whitehaven Coal. \n\nYour clients, Santos, Woodside and Whitehaven Coal have plans to develop the following new or expanded projects in the next few years: \n\nSantos \n- Papua LNG (363 MtCO2-e)\n- Narrabri gas project (84 MtCO2-e)\n- Dorado (151 MtCO2-e) \n- Darwin LNG\/Barossa gas field (260 MtCO2-e)  \n\nWoodside \n- Trion oil field (215 MtCO2-e)\n- Browse\/North-West Shelf LNG project (887 MtCO2-e) \n- Calypso gas project (183 MtCO2-e)\n\nWhitehaven Coal \n- Vickery coal mine (full-scale) (330 MtCO2-e) \n- Winchester South coal mine (550 MtCO2-e) \n\nAs a customer I am calling on you not to finance these destructive plans, either through project finance or corporate lending to Santos, Woodside or Whitehaven Coal. To live up to your claimed support for Paris and net zero emissions by 2050, I demand Westpac categorically rule out lending to any new or expanded fossil fuel projects or the companies developing them.\n\nIf you fail to meet these demands, I would like to know how I can close my bank account with you.\n\nSincerely,<\/textarea><\/div><\/div><div id=\"field_584_30\" class=\"gfield gfield--type-text gfield--width-full field_sublabel_below gfield--has-description field_description_above field_validation_below gfield_visibility_visible\"  ><label class='gfield_label gform-field-label' for='input_584_30'>Subject<\/label><div class='gfield_description' id='gfield_description_584_30'>(Customer and shareholder - giving the bank one last chance)<\/div><div class='ginput_container ginput_container_text'><input name='input_30' id='input_584_30' type='text' value='Start acting in-line with your commitments and stop funding new fossil fuels!' class='large'  aria-describedby=\"gfield_description_584_30\"    aria-invalid=\"false\"   \/><\/div><\/div><div id=\"field_584_22\" class=\"gfield gfield--type-textarea gfield--width-full field_sublabel_below gfield--has-description field_description_above field_validation_below gfield_visibility_visible\"  ><label class='gfield_label gform-field-label' for='input_584_22'>Your message to Westpac<\/label><div class='gfield_description' id='gfield_description_584_22'>\n(Customer and shareholder - giving the bank one last chance)<\/div><div class='ginput_container ginput_container_textarea'><textarea name='input_22' id='input_584_22' class='textarea large'  aria-describedby=\"gfield_description_584_22\"    aria-invalid=\"false\"   rows='10' cols='50'>Dear Westpac,\n\nIt is appalling that, despite your claimed commitment to the Paris Agreement and net zero emissions by 2050, you have continued to loan billions of dollars to fossil fuel projects and companies expanding these industries. \n\nIn the last two years, Westpac has lost its title of lowest lender to fossil fuels among Australia\u2019s big four banks.  \n\nI was also disappointed to learn that since 2016 you have not reduced your annual lending to fossil fuels. In 2022, Westpac loaned the most to fossil fuels it has in any year since 2016! 2022 was a year of shocking deals for Westpac, financing some of Australia\u2019s most disastrous fossil fuel projects and the companies developing them. \n\nThis includes funding for:\n- Global Infrastructure Partners, in a loan that enabled Woodside to proceed with the climate-wrecking Scarborough\/Pluto 2 gas project. Conservative estimates put the emissions from this project at 637 million tonnes of CO2 equivalent, with independent analysis concluding the project \u201crepresents a bet against the world implementing the Paris Agreement\u201d \n- Santos, which plans to increase oil and gas production by 60% this decade. This is completely at odds with Westpac\u2019s oil and gas sector emissions reductions target. Not only are Santos&#039; plans a disaster for our climate, they are a disaster for the rights of Traditional Owners. The Barossa gas project is opposed by Traditional Owners, with an elder stating \u201cMunupi people don\u2019t want any fossil fuel activities off the coast of the Tiwi Islands\u201d. Yet Santos is still pushing ahead with the project, as well as the Narrabri gas project against the wishes of Gomeroi Traditional Owners. \n- Woodside, which plans to increase oil and gas production by 45% by 2027. Woodside has five planned new or expanded oil and gas projects in the pipeline. If allowed to go ahead, conservative estimates put the cumulative impact of these projects at over 2 billion tonnes of carbon dioxide, more than four times Australia\u2019s annual emissions.  \n\nThese examples are just some of many. It is beyond comprehension that your climate policy gives climate-destroying coal, oil and gas companies a free pass until at least 2025 when the world\u2019s leading experts have already made clear that we have no room for new fossil fuels.\n\nFurther, in February 2020, you loaned $110 million to Whitehaven Coal, Australia\u2019s biggest undiversified coal miner. Whitehaven has already announced that it will commence early mining of its Vickery thermal coal deposit and has plans to scale up production at the site in a second phase development to be decided on later this year. A full scale Vickery coal mine would be a climate disaster, unleashing almost 370 million tonnes of carbon dioxide equivalent (CO2-e) between now and 2047. Meanwhile, Whitehaven\u2019s proposed Winchester South mine would unleash almost 550 million tonnes of CO2-e over its 30 year lifespan. As this loan nears its maturity, Westpac has still not ruled out refinancing Whitehaven Coal. \n\nYour clients, Santos, Woodside and Whitehaven Coal have plans to develop the following new or expanded projects in the next few years: \n\nSantos \n- Papua LNG (363 MtCO2-e)\n- Narrabri gas project (84 MtCO2-e)\n- Dorado (151 MtCO2-e) \n- Darwin LNG\/Barossa gas field (260 MtCO2-e)  \n\nWoodside \n- Trion oil field (215 MtCO2-e)\n- Browse\/North-West Shelf LNG project (887 MtCO2-e) \n- Calypso gas project (183 MtCO2-e)\n\nWhitehaven Coal \n- Vickery coal mine (full-scale) (330 MtCO2-e) \n- Winchester South coal mine (550 MtCO2-e) \n\nAs a customer and shareholder I am calling on you not to finance these destructive plans, either through project finance or corporate lending to Santos, Woodside or Whitehaven Coal. To live up to your claimed support for Paris and net zero emissions by 2050, I demand Westpac categorically rule out lending to any new or expanded fossil fuel projects or the companies developing them.\n\nSincerely,<\/textarea><\/div><\/div><div id=\"field_584_37\" class=\"gfield gfield--type-text gfield--width-full field_sublabel_below gfield--has-description field_description_above field_validation_below gfield_visibility_visible\"  ><label class='gfield_label gform-field-label' for='input_584_37'>Subject<\/label><div class='gfield_description' id='gfield_description_584_37'>(Customer and shareholder - asking for information about ending business with the bank)<\/div><div class='ginput_container ginput_container_text'><input name='input_37' id='input_584_37' type='text' value='Start acting in-line with your commitments and stop funding new fossil fuels!' class='large'  aria-describedby=\"gfield_description_584_37\"    aria-invalid=\"false\"   \/><\/div><\/div><div id=\"field_584_38\" class=\"gfield gfield--type-textarea gfield--width-full field_sublabel_below gfield--has-description field_description_above field_validation_below gfield_visibility_visible\"  ><label class='gfield_label gform-field-label' for='input_584_38'>Your message to Westpac<\/label><div class='gfield_description' id='gfield_description_584_38'>(Customer and shareholder - asking for information about ending business with the bank)<\/div><div class='ginput_container ginput_container_textarea'><textarea name='input_38' id='input_584_38' class='textarea large'  aria-describedby=\"gfield_description_584_38\"    aria-invalid=\"false\"   rows='10' cols='50'>Dear Westpac,\n\nIt is appalling that, despite your claimed commitment to the Paris Agreement and net zero emissions by 2050, you have continued to loan billions of dollars to fossil fuel projects and companies expanding these industries. \n\nIn the last two years, Westpac has lost its title of lowest lender to fossil fuels among Australia\u2019s big four banks.  \n\nI was also disappointed to learn that since 2016 you have not reduced your annual lending to fossil fuels. In 2022, Westpac loaned the most to fossil fuels it has in any year since 2016! 2022 was a year of shocking deals for Westpac, financing some of Australia\u2019s most disastrous fossil fuel projects and the companies developing them. \n\nThis includes funding for:\n- Global Infrastructure Partners, in a loan that enabled Woodside to proceed with the climate-wrecking Scarborough\/Pluto 2 gas project. Conservative estimates put the emissions from this project at 637 million tonnes of CO2 equivalent, with independent analysis concluding the project \u201crepresents a bet against the world implementing the Paris Agreement\u201d \n- Santos, which plans to increase oil and gas production by 60% this decade. This is completely at odds with Westpac\u2019s oil and gas sector emissions reductions target. Not only are Santos&#039; plans a disaster for our climate, they are a disaster for the rights of Traditional Owners. The Barossa gas project is opposed by Traditional Owners, with an elder stating \u201cMunupi people don\u2019t want any fossil fuel activities off the coast of the Tiwi Islands\u201d. Yet Santos is still pushing ahead with the project, as well as the Narrabri gas project against the wishes of Gomeroi Traditional Owners. \n- Woodside, which plans to increase oil and gas production by 45% by 2027. Woodside has five planned new or expanded oil and gas projects in the pipeline. If allowed to go ahead, conservative estimates put the cumulative impact of these projects at over 2 billion tonnes of carbon dioxide, more than four times Australia\u2019s annual emissions.  \n\nThese examples are just some of many. It is beyond comprehension that your climate policy gives climate-destroying coal, oil and gas companies a free pass until at least 2025 when the world\u2019s leading experts have already made clear that we have no room for new fossil fuels.\n\nFurther, in February 2020, you loaned $110 million to Whitehaven Coal, Australia\u2019s biggest undiversified coal miner. Whitehaven has already announced that it will commence early mining of its Vickery thermal coal deposit and has plans to scale up production at the site in a second phase development to be decided on later this year. A full scale Vickery coal mine would be a climate disaster, unleashing almost 370 million tonnes of carbon dioxide equivalent (CO2-e) between now and 2047. Meanwhile, Whitehaven\u2019s proposed Winchester South mine would unleash almost 550 million tonnes of CO2-e over its 30 year lifespan. As this loan nears its maturity, Westpac has still not ruled out refinancing Whitehaven Coal. \n\nYour clients, Santos, Woodside and Whitehaven Coal have plans to develop the following new or expanded projects in the next few years: \n\nSantos \n- Papua LNG (363 MtCO2-e)\n- Narrabri gas project (84 MtCO2-e)\n- Dorado (151 MtCO2-e) \n- Darwin LNG\/Barossa gas field (260 MtCO2-e)  \n\nWoodside \n- Trion oil field (215 MtCO2-e)\n- Browse\/North-West Shelf LNG project (887 MtCO2-e) \n- Calypso gas project (183 MtCO2-e)\n\nWhitehaven Coal \n- Vickery coal mine (full-scale) (330 MtCO2-e) \n- Winchester South coal mine (550 MtCO2-e) \n\nAs a customer and shareholder I am calling on you not to finance these destructive plans, either through project finance or corporate lending to Santos, Woodside or Whitehaven Coal. To live up to your claimed support for Paris and net zero emissions by 2050, I demand Westpac categorically rule out lending to any new or expanded fossil fuel projects or the companies developing them.\n\nIf you fail to meet these demands, I would like to know how I can close my bank account with you.\n\nSincerely,<\/textarea><\/div><\/div><div id=\"field_584_31\" class=\"gfield gfield--type-text gfield--width-full field_sublabel_below gfield--has-description field_description_above field_validation_below gfield_visibility_visible\"  ><label class='gfield_label gform-field-label' for='input_584_31'>Subject<\/label><div class='gfield_description' id='gfield_description_584_31'>(Shareholder)<\/div><div class='ginput_container ginput_container_text'><input name='input_31' id='input_584_31' type='text' value='Start acting in-line with your commitments and stop funding new fossil fuels!' class='large'  aria-describedby=\"gfield_description_584_31\"    aria-invalid=\"false\"   \/><\/div><\/div><div id=\"field_584_21\" class=\"gfield gfield--type-textarea gfield--width-full field_sublabel_below gfield--has-description field_description_above field_validation_below gfield_visibility_visible\"  ><label class='gfield_label gform-field-label' for='input_584_21'>Your message to Westpac<\/label><div class='gfield_description' id='gfield_description_584_21'>(Shareholder)<\/div><div class='ginput_container ginput_container_textarea'><textarea name='input_21' id='input_584_21' class='textarea large'  aria-describedby=\"gfield_description_584_21\"    aria-invalid=\"false\"   rows='10' cols='50'>Dear Westpac,\n\nIt is appalling that, despite your claimed commitment to the Paris Agreement and net zero emissions by 2050, you have continued to loan billions of dollars to fossil fuel projects and companies expanding these industries. \n\nIn the last two years, Westpac has lost its title of lowest lender to fossil fuels among Australia\u2019s big four banks.  \n\nI was also disappointed to learn that since 2016 you have not reduced your annual lending to fossil fuels. In 2022, Westpac loaned the most to fossil fuels it has in any year since 2016! 2022 was a year of shocking deals for Westpac, financing some of Australia\u2019s most disastrous fossil fuel projects and the companies developing them. \n\nThis includes funding for:\n- Global Infrastructure Partners, in a loan that enabled Woodside to proceed with the climate-wrecking Scarborough\/Pluto 2 gas project. Conservative estimates put the emissions from this project at 637 million tonnes of CO2 equivalent, with independent analysis concluding the project \u201crepresents a bet against the world implementing the Paris Agreement\u201d \n- Santos, which plans to increase oil and gas production by 60% this decade. This is completely at odds with ANZ\u2019s oil and gas sector emissions reductions target. Not only are Santos&#039; plans a disaster for our climate, they are a disaster for the rights of Traditional Owners. The Barossa gas project is opposed by Traditional Owners, with an elder stating \u201cMunupi people don\u2019t want any fossil fuel activities off the coast of the Tiwi Islands\u201d. Yet Santos is still pushing ahead with the project, as well as the Narrabri gas project against the wishes of Gomeroi Traditional Owners. \n- Woodside, which plans to increase oil and gas production by 45% by 2027. Woodside has five planned new or expanded oil and gas projects in the pipeline. If allowed to go ahead, conservative estimates put the cumulative impact of these projects at over 2 billion tonnes of carbon dioxide, more than four times Australia\u2019s annual emissions.  \n\nThese examples are just some of many. It is beyond comprehension that your climate policy gives climate-destroying coal, oil and gas companies a free pass until at least 2025 when the world\u2019s leading experts have already made clear that we have no room for new fossil fuels.\n\nFurther, in February 2020, you loaned $110 million to Whitehaven Coal, Australia\u2019s biggest undiversified coal miner. Whitehaven has already announced that it will commence early mining of its Vickery thermal coal deposit and has plans to scale up production at the site in a second phase development to be decided on later this year. A full scale Vickery coal mine would be a climate disaster, unleashing almost 370 million tonnes of carbon dioxide equivalent (CO2-e) between now and 2047. Meanwhile, Whitehaven\u2019s proposed Winchester South mine would unleash almost 550 million tonnes of CO2-e over its 30 year lifespan. As this loan nears its maturity, NAB has still not ruled out refinancing Whitehaven Coal. \n\nYour clients, Santos, Woodside and Whitehaven Coal have plans to develop the following new or expanded projects in the next few years: \n\nSantos \n- Papua LNG (363 MtCO2-e)\n- Narrabri gas project (84 MtCO2-e)\n- Dorado (151 MtCO2-e) \n- Darwin LNG\/Barossa gas field (260 MtCO2-e)  \n\nWoodside \n- Trion oil field (215 MtCO2-e)\n- Browse\/North-West Shelf LNG project (887 MtCO2-e) \n- Calypso gas project (183 MtCO2-e)\n\nWhitehaven Coal \n- Vickery coal mine (full-scale) (330 MtCO2-e) \n- Winchester South coal mine (550 MtCO2-e) \n\nAs a shareholder I am calling on you not to finance these destructive plans, either through project finance or corporate lending to Santos, Woodside or Whitehaven Coal. To live up to your claimed support for Paris and net zero emissions by 2050, I demand Westpac categorically rule out lending to any new or expanded fossil fuel projects or the companies developing them.\n\nSincerely,<\/textarea><\/div><\/div><div id=\"field_584_29\" class=\"gfield gfield--type-text gfield--width-full field_sublabel_below gfield--has-description field_description_above field_validation_below gfield_visibility_visible\"  ><label class='gfield_label gform-field-label' for='input_584_29'>Subject<\/label><div class='gfield_description' id='gfield_description_584_29'>(Neither customer nor shareholder)<\/div><div class='ginput_container ginput_container_text'><input name='input_29' id='input_584_29' type='text' value='Start acting in-line with your commitments and stop funding new fossil fuels!' class='large'  aria-describedby=\"gfield_description_584_29\"    aria-invalid=\"false\"   \/><\/div><\/div><div id=\"field_584_28\" class=\"gfield gfield--type-textarea field_sublabel_below gfield--has-description field_description_above field_validation_below gfield_visibility_visible\"  ><label class='gfield_label gform-field-label' for='input_584_28'>Your message to Westpac<\/label><div class='gfield_description' id='gfield_description_584_28'>(Neither customer nor shareholder)<\/div><div class='ginput_container ginput_container_textarea'><textarea name='input_28' id='input_584_28' class='textarea large'  aria-describedby=\"gfield_description_584_28\"    aria-invalid=\"false\"   rows='10' cols='50'>Dear Westpac,\n\nIt is appalling that, despite your claimed commitment to the Paris Agreement and net zero emissions by 2050, you have continued to loan billions of dollars to fossil fuel projects and companies expanding these industries. \n\nIn the last two years, Westpac has lost its title of lowest lender to fossil fuels among Australia\u2019s big four banks.  \n\nI was also disappointed to learn that since 2016 you have not reduced your annual lending to fossil fuels. In 2022, Westpac loaned the most to fossil fuels it has in any year since 2016! 2022 was a year of shocking deals for Westpac, financing some of Australia\u2019s most disastrous fossil fuel projects and the companies developing them. \n\nThis includes funding for:\n- Global Infrastructure Partners, in a loan that enabled Woodside to proceed with the climate-wrecking Scarborough\/Pluto 2 gas project. Conservative estimates put the emissions from this project at 637 million tonnes of CO2 equivalent, with independent analysis concluding the project \u201crepresents a bet against the world implementing the Paris Agreement\u201d \n- Santos, which plans to increase oil and gas production by 60% this decade. This is completely at odds with Westpac\u2019s oil and gas sector emissions reductions target. Not only are Santos&#039; plans a disaster for our climate, they are a disaster for the rights of Traditional Owners. The Barossa gas project is opposed by Traditional Owners, with an elder stating \u201cMunupi people don\u2019t want any fossil fuel activities off the coast of the Tiwi Islands\u201d. Yet Santos is still pushing ahead with the project, as well as the Narrabri gas project against the wishes of Gomeroi Traditional Owners. \n- Woodside, which plans to increase oil and gas production by 45% by 2027. Woodside has five planned new or expanded oil and gas projects in the pipeline. If allowed to go ahead, conservative estimates put the cumulative impact of these projects at over 2 billion tonnes of carbon dioxide, more than four times Australia\u2019s annual emissions.  \n\nThese examples are just some of many. It is beyond comprehension that your climate policy gives climate-destroying coal, oil and gas companies a free pass until at least 2025 when the world\u2019s leading experts have already made clear that we have no room for new fossil fuels.\n\nFurther, in February 2020, you loaned $110 million to Whitehaven Coal, Australia\u2019s biggest undiversified coal miner. Whitehaven has already announced that it will commence early mining of its Vickery thermal coal deposit and has plans to scale up production at the site in a second phase development to be decided on later this year. A full scale Vickery coal mine would be a climate disaster, unleashing almost 370 million tonnes of carbon dioxide equivalent (CO2-e) between now and 2047. Meanwhile, Whitehaven\u2019s proposed Winchester South mine would unleash almost 550 million tonnes of CO2-e over its 30 year lifespan. As this loan nears its maturity, Westpac has still not ruled out refinancing Whitehaven Coal. \n\nYour clients, Santos, Woodside and Whitehaven Coal have plans to develop the following new or expanded projects in the next few years: \n\nSantos \n- Papua LNG (363 MtCO2-e)\n- Narrabri gas project (84 MtCO2-e)\n- Dorado (151 MtCO2-e) \n- Darwin LNG\/Barossa gas field (260 MtCO2-e)  \n\nWoodside \n- Trion oil field (215 MtCO2-e)\n- Browse\/North-West Shelf LNG project (887 MtCO2-e) \n- Calypso gas project (183 MtCO2-e)\n\nWhitehaven Coal \n- Vickery coal mine (full-scale) (330 MtCO2-e) \n- Winchester South coal mine (550 MtCO2-e) \n\nI am calling on you not to finance these destructive plans, either through project finance or corporate lending to Santos, Woodside or Whitehaven Coal. To live up to your claimed support for Paris and net zero emissions by 2050, I demand Westpac categorically rule out lending to any new or expanded fossil fuel projects or the companies developing them.\n\nSincerely,<\/textarea><\/div><\/div><fieldset id=\"field_584_9\" class=\"gfield gfield--type-checkbox gfield--type-choice field_sublabel_below gfield--no-description field_description_below hidden_label field_validation_below gfield_visibility_visible\"  ><legend class='gfield_label gform-field-label gfield_label_before_complex' >Yes, I want to hear more from Market Forces about this campaign<\/legend><div class='ginput_container ginput_container_checkbox'><div class='gfield_checkbox ' id='input_584_9'><div class='gchoice gchoice_584_9_1'>\n\t\t\t\t\t\t\t\t<input class='gfield-choice-input' name='input_9.1' type='checkbox'  value='Yes, I want to hear more from Market Forces about this campaign' checked='checked' id='choice_584_9_1'   \/>\n\t\t\t\t\t\t\t\t<label for='choice_584_9_1' id='label_584_9_1' class='gform-field-label gform-field-label--type-inline'>Yes, I want to hear more from Market Forces about this campaign<\/label>\n\t\t\t\t\t\t\t<\/div><\/div><\/div><\/fieldset><fieldset id=\"field_584_39\" class=\"gfield gfield--type-checkbox gfield--type-choice gfield--width-full field_sublabel_below gfield--no-description field_description_below field_validation_below gfield_visibility_hidden\"  ><div class=\"admin-hidden-markup\"><i class=\"gform-icon gform-icon--hidden\" aria-hidden=\"true\" title=\"This field is hidden when viewing the form\"><\/i><span>This field is hidden when viewing the form<\/span><\/div><legend class='gfield_label gform-field-label gfield_label_before_complex' >PASS DATA - MAIN LIST: Are you an Westpac customer or shareholder -&gt; Westpac customer<\/legend><div class='ginput_container ginput_container_checkbox'><div class='gfield_checkbox ' id='input_584_39'><div class='gchoice gchoice_584_39_1'>\n\t\t\t\t\t\t\t\t<input class='gfield-choice-input' name='input_39.1' type='checkbox'  value='Westpac customer' checked='checked' id='choice_584_39_1'   \/>\n\t\t\t\t\t\t\t\t<label for='choice_584_39_1' id='label_584_39_1' class='gform-field-label gform-field-label--type-inline'>Westpac customer<\/label>\n\t\t\t\t\t\t\t<\/div><\/div><\/div><\/fieldset><fieldset id=\"field_584_40\" class=\"gfield gfield--type-checkbox gfield--type-choice gfield--width-full field_sublabel_below gfield--no-description field_description_below field_validation_below gfield_visibility_hidden\"  ><div class=\"admin-hidden-markup\"><i class=\"gform-icon gform-icon--hidden\" aria-hidden=\"true\" title=\"This field is hidden when viewing the form\"><\/i><span>This field is hidden when viewing the form<\/span><\/div><legend class='gfield_label gform-field-label gfield_label_before_complex' >PASS DATA - MAIN LIST: Are you an Westpac customer or shareholder -&gt; Westpac shareholder<\/legend><div class='ginput_container ginput_container_checkbox'><div class='gfield_checkbox ' id='input_584_40'><div class='gchoice gchoice_584_40_1'>\n\t\t\t\t\t\t\t\t<input class='gfield-choice-input' name='input_40.1' type='checkbox'  value='Westpac shareholder' checked='checked' id='choice_584_40_1'   \/>\n\t\t\t\t\t\t\t\t<label for='choice_584_40_1' id='label_584_40_1' class='gform-field-label gform-field-label--type-inline'>Westpac shareholder<\/label>\n\t\t\t\t\t\t\t<\/div><\/div><\/div><\/fieldset><fieldset id=\"field_584_32\" class=\"gfield gfield--type-checkbox gfield--type-choice gfield--width-full field_sublabel_below gfield--no-description field_description_below field_validation_below gfield_visibility_hidden\"  ><div class=\"admin-hidden-markup\"><i class=\"gform-icon gform-icon--hidden\" aria-hidden=\"true\" title=\"This field is hidden when viewing the form\"><\/i><span>This field is hidden when viewing the form<\/span><\/div><legend class='gfield_label gform-field-label gfield_label_before_complex' >TOOK ACTION: Banks - Westpac Banking Climate Failure - May 2023<\/legend><div class='ginput_container ginput_container_checkbox'><div class='gfield_checkbox ' id='input_584_32'><div class='gchoice gchoice_584_32_1'>\n\t\t\t\t\t\t\t\t<input class='gfield-choice-input' name='input_32.1' type='checkbox'  value='TOOK ACTION: Banks - Westpac Banking Climate Failure - May 2023' checked='checked' id='choice_584_32_1'   \/>\n\t\t\t\t\t\t\t\t<label for='choice_584_32_1' id='label_584_32_1' class='gform-field-label gform-field-label--type-inline'>TOOK ACTION: Banks - Westpac Banking Climate Failure - May 2023<\/label>\n\t\t\t\t\t\t\t<\/div><\/div><\/div><\/fieldset><\/div><\/div>\n        <div class='gform-footer gform_footer top_label'> <input type='submit' id='gform_submit_button_584' class='gform_button button' onclick='gform.submission.handleButtonClick(this);' data-submission-type='submit' value='Contact Westpac'  \/> \n            <input type='hidden' class='gform_hidden' name='gform_submission_method' data-js='gform_submission_method_584' value='postback' \/>\n            <input type='hidden' class='gform_hidden' name='gform_theme' data-js='gform_theme_584' id='gform_theme_584' value='gravity-theme' \/>\n            <input type='hidden' class='gform_hidden' name='gform_style_settings' data-js='gform_style_settings_584' id='gform_style_settings_584' value='[]' \/>\n            <input type='hidden' class='gform_hidden' name='is_submit_584' value='1' \/>\n            <input type='hidden' class='gform_hidden' name='gform_submit' value='584' \/>\n            \n            <input type='hidden' class='gform_hidden' name='gform_currency' data-currency='AUD' value='Q9EIGx\/55IcHsNWrRgdd1f6zYKY8qVpB+gD34Wg28j75NabyfkdtLdgFGbJOMQbgqDcLXnTepREVC6MafpoGniYkdFszFETYtr0VcVT31ZbvKJg=' \/>\n            <input type='hidden' class='gform_hidden' name='gform_unique_id' value='' \/>\n            <input type='hidden' class='gform_hidden' name='state_584' value='WyJ7XCIzM1wiOltcIjRmOTZjOGQ2NWRlNjI2YThkZjY2YWQ0NDQ3NzNjZDE0XCIsXCIyMGMwYjA5ODljNzZjMzI3NTYxNTliMTdjZThlOThkY1wiLFwiNGM0ZDgwNTMzMWRmYjVmMzkyZDAzYjZiODUwN2MyY2RcIixcIjU1NjczYTMyZTI0N2ExMjg4YmU4ZDZmMzAwMGJiMTNkXCJdLFwiMzRcIjpbXCI4YzQ4ZTczZmE2YTZkZWE5MGZlNGVkOGI2ZDcwZGFmOVwiLFwiYmQ4M2I1MGI0ZjFlNmZkOWM1NTI4NzA2ZDcyYTBjNDdcIl0sXCIzOS4xXCI6XCJkMTY5ZmIxNmEyNTNmODQzMTBmZDhmOGEwODIyNzdlNFwiLFwiNDAuMVwiOlwiMTc4YmJhNWRiOGRmYzIyZjRmMjUxNzUwMzFjZTg4MDdcIn0iLCI0OWYzNTcxN2I2NTEwM2JlM2Q1NWU4NDRhMjJkM2U1NSJd' \/>\n            <input type='hidden' autocomplete='off' class='gform_hidden' name='gform_target_page_number_584' id='gform_target_page_number_584' value='0' \/>\n            <input type='hidden' autocomplete='off' class='gform_hidden' name='gform_source_page_number_584' id='gform_source_page_number_584' value='1' \/>\n            <input type='hidden' name='gform_field_values' value='' \/>\n            \n        <\/div>\n                        <\/form>\n                        <\/div><script type=\"text\/javascript\">\n\/* <![CDATA[ *\/\n gform.initializeOnLoaded( function() {gformInitSpinner( 584, 'https:\/\/www.marketforces.org.au\/wp-content\/plugins\/gravityforms\/images\/spinner.svg', true );jQuery('#gform_ajax_frame_584').on('load',function(){var contents = jQuery(this).contents().find('*').html();var is_postback = contents.indexOf('GF_AJAX_POSTBACK') >= 0;if(!is_postback){return;}var form_content = jQuery(this).contents().find('#gform_wrapper_584');var is_confirmation = jQuery(this).contents().find('#gform_confirmation_wrapper_584').length > 0;var is_redirect = contents.indexOf('gformRedirect(){') >= 0;var is_form = form_content.length > 0 && ! is_redirect && ! is_confirmation;var mt = parseInt(jQuery('html').css('margin-top'), 10) + parseInt(jQuery('body').css('margin-top'), 10) + 100;if(is_form){form_content.find('form').css('opacity', 0);jQuery('#gform_wrapper_584').html(form_content.html());if(form_content.hasClass('gform_validation_error')){jQuery('#gform_wrapper_584').addClass('gform_validation_error');} else {jQuery('#gform_wrapper_584').removeClass('gform_validation_error');}setTimeout( function() { \/* delay the scroll by 50 milliseconds to fix a bug in chrome *\/  }, 50 );if(window['gformInitDatepicker']) {gformInitDatepicker();}if(window['gformInitPriceFields']) {gformInitPriceFields();}var current_page = jQuery('#gform_source_page_number_584').val();gformInitSpinner( 584, 'https:\/\/www.marketforces.org.au\/wp-content\/plugins\/gravityforms\/images\/spinner.svg', true );jQuery(document).trigger('gform_page_loaded', [584, current_page]);window['gf_submitting_584'] = false;}else if(!is_redirect){var confirmation_content = jQuery(this).contents().find('.GF_AJAX_POSTBACK').html();if(!confirmation_content){confirmation_content = contents;}jQuery('#gform_wrapper_584').replaceWith(confirmation_content);jQuery(document).trigger('gform_confirmation_loaded', [584]);window['gf_submitting_584'] = false;wp.a11y.speak(jQuery('#gform_confirmation_message_584').text());}else{jQuery('#gform_584').append(contents);if(window['gformRedirect']) {gformRedirect();}}jQuery(document).trigger(\"gform_pre_post_render\", [{ formId: \"584\", currentPage: \"current_page\", abort: function() { this.preventDefault(); } }]);        if (event && event.defaultPrevented) {                return;        }        const gformWrapperDiv = document.getElementById( \"gform_wrapper_584\" );        if ( gformWrapperDiv ) {            const visibilitySpan = document.createElement( \"span\" );            visibilitySpan.id = \"gform_visibility_test_584\";            gformWrapperDiv.insertAdjacentElement( \"afterend\", visibilitySpan );        }        const visibilityTestDiv = document.getElementById( \"gform_visibility_test_584\" );        let postRenderFired = false;        function triggerPostRender() {            if ( postRenderFired ) {                return;            }            postRenderFired = true;            gform.core.triggerPostRenderEvents( 584, current_page );            if ( visibilityTestDiv ) {                visibilityTestDiv.parentNode.removeChild( visibilityTestDiv );            }        }        function debounce( func, wait, immediate ) {            var timeout;            return function() {                var context = this, args = arguments;                var later = function() {                    timeout = null;                    if ( !immediate ) func.apply( context, args );                };                var callNow = immediate && !timeout;                clearTimeout( timeout );                timeout = setTimeout( later, wait );                if ( callNow ) func.apply( context, args );            };        }        const debouncedTriggerPostRender = debounce( function() {            triggerPostRender();        }, 200 );        if ( visibilityTestDiv && visibilityTestDiv.offsetParent === null ) {            const observer = new MutationObserver( ( mutations ) => {                mutations.forEach( ( mutation ) => {                    if ( mutation.type === 'attributes' && visibilityTestDiv.offsetParent !== null ) {                        debouncedTriggerPostRender();                        observer.disconnect();                    }                });            });            observer.observe( document.body, {                attributes: true,                childList: false,                subtree: true,                attributeFilter: [ 'style', 'class' ],            });        } else {            triggerPostRender();        }    } );} ); \n\/* ]]> *\/\n<\/script>\n\n<p>[\/et_pb_tab][et_pb_tab title=&#8221;All banks&#8221; _builder_version=&#8221;4.20.2&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n\n                <div class='gf_browser_unknown gform_wrapper gform_legacy_markup_wrapper gform-theme--no-framework mf-gf-material-design_wrapper' data-form-theme='legacy' data-form-index='0' id='gform_wrapper_585' >\n                        <div class='gform_heading'>\n                            <p class='gform_description'><\/p>\n                        <\/div><form method='post' enctype='multipart\/form-data'  id='gform_585' class='mf-gf-material-design' action='\/wp-json\/wp\/v2\/pages\/69731' data-formid='585' novalidate><div class='gf_invisible ginput_recaptchav3' data-sitekey='6LdpG74bAAAAAAfG76zCHaW_pwUx9zp9bP05qG2y' data-tabindex='0'><input id=\"input_0e9d65ab8d62e7c29098fccabeea823a\" class=\"gfield_recaptcha_response\" type=\"hidden\" name=\"input_0e9d65ab8d62e7c29098fccabeea823a\" value=\"\"\/><\/div>\n                        <div class='gform-body gform_body'><ul id='gform_fields_585' class='gform_fields top_label form_sublabel_below description_below validation_below'><li id=\"field_585_3\" class=\"gfield gfield--type-name gfield_contains_required field_sublabel_below gfield--no-description field_description_below field_validation_below gfield_visibility_visible\"  ><label class='gfield_label gform-field-label gfield_label_before_complex' >Name<span class=\"gfield_required\"><span class=\"gfield_required gfield_required_text\">(Required)<\/span><\/span><\/label><div class='ginput_complex ginput_container ginput_container--name no_prefix has_first_name no_middle_name has_last_name no_suffix gf_name_has_2 ginput_container_name gform-grid-row' id='input_585_3'>\n                            \n                            <span id='input_585_3_3_container' class='name_first gform-grid-col gform-grid-col--size-auto' >\n                                                    <input type='text' name='input_3.3' id='input_585_3_3' value=''   aria-required='true'     \/>\n                                                    <label for='input_585_3_3' class='gform-field-label gform-field-label--type-sub '>First name<\/label>\n                                                <\/span>\n                            \n                            <span id='input_585_3_6_container' class='name_last gform-grid-col gform-grid-col--size-auto' >\n                                                    <input type='text' name='input_3.6' id='input_585_3_6' value=''   aria-required='true'     \/>\n                                                    <label for='input_585_3_6' class='gform-field-label gform-field-label--type-sub '>Last name<\/label>\n                                                <\/span>\n                            \n                        <\/div><\/li><li id=\"field_585_4\" class=\"gfield gfield--type-email gfield_contains_required field_sublabel_below gfield--no-description field_description_below field_validation_below gfield_visibility_visible\"  ><label class='gfield_label gform-field-label' for='input_585_4'>Email Address<span class=\"gfield_required\"><span class=\"gfield_required gfield_required_text\">(Required)<\/span><\/span><\/label><div class='ginput_container ginput_container_email'>\n                            <input name='input_4' id='input_585_4' type='email' value='' class='large'    aria-required=\"true\" aria-invalid=\"false\"  \/>\n                        <\/div><\/li><li id=\"field_585_18\" class=\"gfield gfield--type-text field_sublabel_below gfield--has-description field_description_above field_validation_below gfield_visibility_visible\"  ><label class='gfield_label gform-field-label' for='input_585_18'>Subject<\/label><div class='gfield_description' id='gfield_description_585_18'>(you can customise this)<\/div><div class='ginput_container ginput_container_text'><input name='input_18' id='input_585_18' type='text' value='Start acting in-line with your commitments and stop funding new fossil fuels!' class='large'  aria-describedby=\"gfield_description_585_18\"    aria-invalid=\"false\"   \/><\/div><\/li><li id=\"field_585_19\" class=\"gfield gfield--type-textarea gfield_contains_required field_sublabel_below gfield--has-description field_description_above field_validation_below gfield_visibility_visible\"  ><label class='gfield_label gform-field-label' for='input_585_19'>Your message<span class=\"gfield_required\"><span class=\"gfield_required gfield_required_text\">(Required)<\/span><\/span><\/label><div class='gfield_description' id='gfield_description_585_19'>(your name and the name of the bank will be added automatically)<\/div><div class='ginput_container ginput_container_textarea'><textarea name='input_19' id='input_585_19' class='textarea large'  aria-describedby=\"gfield_description_585_19\"   aria-required=\"true\" aria-invalid=\"false\"   rows='10' cols='50'>It is appalling that, despite your claimed commitment to the Paris Agreement and net zero emissions by 2050, you have continued to loan billions of dollars to fossil fuel projects and companies expanding these industries. \n\nIn the last two years, Australia&#039;s big four banks have loaned $7.6 billion to new or expanded fossil fuel projects and the companies developing them. Special mentions go to: \n\n-ANZ, NAB and Westpac for funding Global Infrastructure Partners, in a loan that enabled Woodside to proceed with the climate-wrecking Scarborough\/Pluto 2 gas project. Conservative estimates put the emissions from this project at 637 million tonnes of CO2 equivalent, with independent analysis concluding the project \u201crepresents a bet against the world implementing the Paris Agreement\u201d \n- ANZ and Westpac for funding Woodside, which plans to increase oil and gas production by 45% by 2027. Woodside has five planned new or expanded oil and gas projects in the pipeline. If allowed to go ahead, conservative estimates put the cumulative impact of these projects at over 2 billion tonnes of carbon dioxide, more than four times Australia\u2019s annual emissions.  \n- All four banks for funding Santos, which plans to increase oil and gas production by 60% this decade. This is completely at odds with your oil and gas sector emissions reductions target. Not only are Santos&#039; plans a disaster for our climate, they are a disaster for the rights of Traditional Owners. The Barossa gas project is opposed by Traditional Owners, with an elder stating \u201cMunupi people don\u2019t want any fossil fuel activities off the coast of the Tiwi Islands\u201d. Yet Santos is still pushing ahead with the project, as well as the Narrabri gas project against the wishes of Gomeroi Traditional Owners. \n- NAB and Westpac for still funding Whitehaven Coal. Whitehaven has already announced that it will commence early mining of its Vickery thermal coal deposit and has plans to scale up production at the site in a second phase development to be decided on later this year. A full scale Vickery coal mine would be a climate disaster, unleashing almost 370 million tonnes of carbon dioxide equivalent (CO2-e) between now and 2047. Meanwhile, Whitehaven\u2019s proposed Winchester South mine would unleash almost 550 million tonnes of CO2-e over its 30 year lifespan. As this loan nears its maturity, NAB and Westpac have still not ruled out refinancing Whitehaven Coal. \n\nYour client Santos has plans to develop the following new or expanded projects in the next few years: \n\n- Papua LNG (363 MtCO2-e)\n- Narrabri gas project (84 MtCO2-e)\n- Dorado (151 MtCO2-e) \n- Darwin LNG\/Barossa gas field (260 MtCO2-e)  \n\nI am calling on you not to finance these destructive plans, either through project finance or corporate lending to Santos. To live up to your claimed support for Paris and net zero emissions by 2050, I demand you categorically rule out lending to any new or expanded fossil fuel projects or the companies developing them.\n\nSincerely,<\/textarea><\/div><\/li><li id=\"field_585_15\" class=\"gfield gfield--type-checkbox gfield--type-choice field_sublabel_below gfield--no-description field_description_below hidden_label field_validation_below gfield_visibility_visible\"  ><label class='gfield_label gform-field-label gfield_label_before_complex' >Yes, I want to hear more from Market Forces about this campaign<\/label><div class='ginput_container ginput_container_checkbox'><ul class='gfield_checkbox' id='input_585_15'><li class='gchoice gchoice_585_15_1'>\n\t\t\t\t\t\t\t\t<input class='gfield-choice-input' name='input_15.1' type='checkbox'  value='Yes, I want to hear more from Market Forces about this campaign' checked='checked' id='choice_585_15_1'   \/>\n\t\t\t\t\t\t\t\t<label for='choice_585_15_1' id='label_585_15_1' class='gform-field-label gform-field-label--type-inline'>Yes, I want to hear more from Market Forces about this campaign<\/label>\n\t\t\t\t\t\t\t<\/li><\/ul><\/div><\/li><li id=\"field_585_20\" class=\"gfield gfield--type-checkbox gfield--type-choice gfield--width-full field_sublabel_below gfield--no-description field_description_below field_validation_below gfield_visibility_hidden\"  ><div class=\"admin-hidden-markup\"><i class=\"gform-icon gform-icon--hidden\" aria-hidden=\"true\" title=\"This field is hidden when viewing the form\"><\/i><span>This field is hidden when viewing the form<\/span><\/div><label class='gfield_label gform-field-label gfield_label_before_complex' >TOOK ACTION: Banks - All banks Banking Climate Failure - May 2023<\/label><div class='ginput_container ginput_container_checkbox'><ul class='gfield_checkbox' id='input_585_20'><li class='gchoice gchoice_585_20_1'>\n\t\t\t\t\t\t\t\t<input class='gfield-choice-input' name='input_20.1' type='checkbox'  value='TOOK ACTION: Banks - All banks Banking Climate Failure - May 2023' checked='checked' id='choice_585_20_1'   \/>\n\t\t\t\t\t\t\t\t<label for='choice_585_20_1' id='label_585_20_1' class='gform-field-label gform-field-label--type-inline'>TOOK ACTION: Banks - All banks Banking Climate Failure - May 2023<\/label>\n\t\t\t\t\t\t\t<\/li><\/ul><\/div><\/li><\/ul><\/div>\n        <div class='gform-footer gform_footer top_label'> <input type='submit' id='gform_submit_button_585' class='gform_button button' onclick='gform.submission.handleButtonClick(this);' data-submission-type='submit' value='Send your message'  \/> \n            <input type='hidden' class='gform_hidden' name='gform_submission_method' data-js='gform_submission_method_585' value='postback' \/>\n            <input type='hidden' class='gform_hidden' name='gform_theme' data-js='gform_theme_585' id='gform_theme_585' value='legacy' \/>\n            <input type='hidden' class='gform_hidden' name='gform_style_settings' data-js='gform_style_settings_585' id='gform_style_settings_585' value='[]' \/>\n            <input type='hidden' class='gform_hidden' name='is_submit_585' value='1' \/>\n            <input type='hidden' class='gform_hidden' name='gform_submit' value='585' \/>\n            \n            <input type='hidden' class='gform_hidden' name='gform_currency' data-currency='AUD' value='afLVi9wnN7FUKSVBY7vcNx0Fgixf4MclKo\/AfEPbOrH76wMS\/S7F44BNxjhih26NTCdhX2nH1+l68uul4KqOOc58u+7tvwt\/XyveLT9Gdj4BqE0=' \/>\n            <input type='hidden' class='gform_hidden' name='gform_unique_id' value='' \/>\n            <input type='hidden' class='gform_hidden' name='state_585' value='WyJ7XCIyMC4xXCI6XCI1NTE5NzM4YzVjNDEyODM3ZDQ0NzU4MzQ4ZmNlMjQxM1wifSIsIjJiOWZiMmM4MmE4YjA5YThlMWEwZWUxZGRkOWM3YzQ1Il0=' \/>\n            <input type='hidden' autocomplete='off' class='gform_hidden' name='gform_target_page_number_585' id='gform_target_page_number_585' value='0' \/>\n            <input type='hidden' autocomplete='off' class='gform_hidden' name='gform_source_page_number_585' id='gform_source_page_number_585' value='1' \/>\n            <input type='hidden' name='gform_field_values' value='' \/>\n            \n        <\/div>\n                        <\/form>\n                        <\/div><script type=\"text\/javascript\">\n\/* <![CDATA[ *\/\n gform.initializeOnLoaded( function() {gformInitSpinner( 585, 'https:\/\/www.marketforces.org.au\/wp-content\/plugins\/gravityforms\/images\/spinner.svg', true );jQuery('#gform_ajax_frame_585').on('load',function(){var contents = jQuery(this).contents().find('*').html();var is_postback = contents.indexOf('GF_AJAX_POSTBACK') >= 0;if(!is_postback){return;}var form_content = jQuery(this).contents().find('#gform_wrapper_585');var is_confirmation = jQuery(this).contents().find('#gform_confirmation_wrapper_585').length > 0;var is_redirect = contents.indexOf('gformRedirect(){') >= 0;var is_form = form_content.length > 0 && ! is_redirect && ! is_confirmation;var mt = parseInt(jQuery('html').css('margin-top'), 10) + parseInt(jQuery('body').css('margin-top'), 10) + 100;if(is_form){jQuery('#gform_wrapper_585').html(form_content.html());if(form_content.hasClass('gform_validation_error')){jQuery('#gform_wrapper_585').addClass('gform_validation_error');} else {jQuery('#gform_wrapper_585').removeClass('gform_validation_error');}setTimeout( function() { \/* delay the scroll by 50 milliseconds to fix a bug in chrome *\/  }, 50 );if(window['gformInitDatepicker']) {gformInitDatepicker();}if(window['gformInitPriceFields']) {gformInitPriceFields();}var current_page = jQuery('#gform_source_page_number_585').val();gformInitSpinner( 585, 'https:\/\/www.marketforces.org.au\/wp-content\/plugins\/gravityforms\/images\/spinner.svg', true );jQuery(document).trigger('gform_page_loaded', [585, current_page]);window['gf_submitting_585'] = false;}else if(!is_redirect){var confirmation_content = jQuery(this).contents().find('.GF_AJAX_POSTBACK').html();if(!confirmation_content){confirmation_content = contents;}jQuery('#gform_wrapper_585').replaceWith(confirmation_content);jQuery(document).trigger('gform_confirmation_loaded', [585]);window['gf_submitting_585'] = false;wp.a11y.speak(jQuery('#gform_confirmation_message_585').text());}else{jQuery('#gform_585').append(contents);if(window['gformRedirect']) {gformRedirect();}}jQuery(document).trigger(\"gform_pre_post_render\", [{ formId: \"585\", currentPage: \"current_page\", abort: function() { this.preventDefault(); } }]);        if (event && event.defaultPrevented) {                return;        }        const gformWrapperDiv = document.getElementById( \"gform_wrapper_585\" );        if ( gformWrapperDiv ) {            const visibilitySpan = document.createElement( \"span\" );            visibilitySpan.id = \"gform_visibility_test_585\";            gformWrapperDiv.insertAdjacentElement( \"afterend\", visibilitySpan );        }        const visibilityTestDiv = document.getElementById( \"gform_visibility_test_585\" );        let postRenderFired = false;        function triggerPostRender() {            if ( postRenderFired ) {                return;            }            postRenderFired = true;            gform.core.triggerPostRenderEvents( 585, current_page );            if ( visibilityTestDiv ) {                visibilityTestDiv.parentNode.removeChild( visibilityTestDiv );            }        }        function debounce( func, wait, immediate ) {            var timeout;            return function() {                var context = this, args = arguments;                var later = function() {                    timeout = null;                    if ( !immediate ) func.apply( context, args );                };                var callNow = immediate && !timeout;                clearTimeout( timeout );                timeout = setTimeout( later, wait );                if ( callNow ) func.apply( context, args );            };        }        const debouncedTriggerPostRender = debounce( function() {            triggerPostRender();        }, 200 );        if ( visibilityTestDiv && visibilityTestDiv.offsetParent === null ) {            const observer = new MutationObserver( ( mutations ) => {                mutations.forEach( ( mutation ) => {                    if ( mutation.type === 'attributes' && visibilityTestDiv.offsetParent !== null ) {                        debouncedTriggerPostRender();                        observer.disconnect();                    }                });            });            observer.observe( document.body, {                attributes: true,                childList: false,                subtree: true,                attributeFilter: [ 'style', 'class' ],            });        } else {            triggerPostRender();        }    } );} ); \n\/* ]]> *\/\n<\/script>\n\n<p>[\/et_pb_tab][\/et_pb_tabs][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=&#8221;1&#8243; _builder_version=&#8221;4.20.0&#8243; _module_preset=&#8221;default&#8221; custom_padding=&#8221;30px||30px||false|false&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_row use_custom_gutter=&#8221;on&#8221; gutter_width=&#8221;1&#8243; _builder_version=&#8221;4.20.0&#8243; _module_preset=&#8221;default&#8221; background_color=&#8221;#fafafa&#8221; custom_padding=&#8221;25px|30px|25px|30px|true|true&#8221; custom_css_main_element=&#8221;display: flex;||    align-items: center;&#8221; global_colors_info=&#8221;{}&#8221; custom_css_main_element_last_edited=&#8221;on|phone&#8221; custom_css_main_element_tablet=&#8221;display: block;&#8221; custom_css_main_element_phone=&#8221;display: block;&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.20.0&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][dssb_sharing_buttons use_custom_icon_size=&#8221;on&#8221; icon_font_size=&#8221;14px&#8221; icon_bg=&#8221;#fa6d6d&#8221; icon_padding=&#8221;16px&#8221; btn_padding=&#8221;||||false|false&#8221; use_sharing_title=&#8221;on&#8221; sharing_title=&#8221;Share&#8221; sharing_title_inline=&#8221;on&#8221; module_class=&#8221;share-inline&#8221; _builder_version=&#8221;4.21.0&#8243; _module_preset=&#8221;default&#8221; sharing_title_font=&#8221;|600||on|||||&#8221; sharing_title_text_align=&#8221;left&#8221; width=&#8221;100%&#8221; max_width=&#8221;100%&#8221; module_alignment=&#8221;left&#8221; custom_margin=&#8221;||0px||false|false&#8221; border_radii_icon=&#8221;on|50%|50%|50%|50%&#8221; global_colors_info=&#8221;{}&#8221;][dssb_sharing_button social_network=&#8221;linkedin&#8221; _builder_version=&#8221;4.20.0&#8243; _module_preset=&#8221;default&#8221; background_color=&#8221;RGBA(255,255,255,0)&#8221; background_enable_color=&#8221;on&#8221; custom_margin=&#8221;||0px||false|false&#8221; custom_padding=&#8221;||||false|false&#8221; border_color_all_item=&#8221;RGBA(255,255,255,0)&#8221; global_colors_info=&#8221;{}&#8221;][\/dssb_sharing_button][dssb_sharing_button _builder_version=&#8221;4.20.0&#8243; _module_preset=&#8221;default&#8221; background_color=&#8221;RGBA(255,255,255,0)&#8221; background_enable_color=&#8221;on&#8221; custom_margin=&#8221;||0px||false|false&#8221; custom_padding=&#8221;||||false|false&#8221; border_color_all_item=&#8221;RGBA(255,255,255,0)&#8221; global_colors_info=&#8221;{}&#8221;][\/dssb_sharing_button][dssb_sharing_button social_network=&#8221;twitter&#8221; _builder_version=&#8221;4.20.0&#8243; _module_preset=&#8221;default&#8221; background_color=&#8221;RGBA(255,255,255,0)&#8221; background_enable_color=&#8221;on&#8221; custom_margin=&#8221;||0px||false|false&#8221; custom_padding=&#8221;||||false|false&#8221; border_color_all_item=&#8221;RGBA(255,255,255,0)&#8221; global_colors_info=&#8221;{}&#8221;][\/dssb_sharing_button][dssb_sharing_button social_network=&#8221;email&#8221; sharing_message=&#8221;custom_message&#8221; network_custom_message=&#8221;Banking Climate Failure: How Australia\u2019s big four banks are still funding new fossil fuels&#8221; _builder_version=&#8221;4.21.0&#8243; _module_preset=&#8221;default&#8221; background_color=&#8221;RGBA(255,255,255,0)&#8221; background_enable_color=&#8221;on&#8221; custom_margin=&#8221;||0px||false|false&#8221; custom_padding=&#8221;||||false|false&#8221; border_color_all_item=&#8221;RGBA(255,255,255,0)&#8221; global_colors_info=&#8221;{}&#8221;][\/dssb_sharing_button][\/dssb_sharing_buttons][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=&#8221;1&#8243; admin_label=&#8221;Section &#8211; Actions&#8221; module_id=&#8221;section-take-action&#8221; _builder_version=&#8221;4.20.2&#8243; _module_preset=&#8221;default&#8221; custom_padding=&#8221;60px||30px||false|false&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_row module_class=&#8221;toc-item&#8221; _builder_version=&#8221;4.24.3&#8243; _module_preset=&#8221;default&#8221; background_color=&#8221;#fafafa&#8221; max_width=&#8221;800px&#8221; custom_padding=&#8221;40px|40px|0px|40px|false|true&#8221; border_width_top=&#8221;4px&#8221; border_color_top=&#8221;#fa6d6d&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.20.2&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_text _builder_version=&#8221;4.20.2&#8243; _module_preset=&#8221;default&#8221; header_text_color=&#8221;#131313&#8243; header_2_font=&#8221;Inter|800|||||||&#8221; header_2_text_color=&#8221;#131313&#8243; header_3_font=&#8221;Inter|800|||||||&#8221; header_3_text_color=&#8221;#131313&#8243; header_3_font_size=&#8221;36px&#8221; header_3_line_height=&#8221;1.2em&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<h2>Key findings<\/h2>\n<p>[\/et_pb_text][et_pb_text _builder_version=&#8221;4.20.2&#8243; _module_preset=&#8221;default&#8221; custom_padding=&#8221;||0px|||&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p>All of Australia\u2019s big four banks have poured billions of dollars into the fossil fuel industry over the last two years, and none have ruled out funding all new and expanded fossil fuel projects and the companies developing them. All four banks are therefore acting out of line with the most credible pathways to achieve the Paris climate goals and net zero emissions by 2050.<\/p>\n<p>Beyond that overarching finding, the following key trends in the banks\u2019 fossil fuel financing have emerged:<\/p>\n<ul><\/ul>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row column_structure=&#8221;3_5,2_5&#8243; make_equal=&#8221;on&#8221; _builder_version=&#8221;4.24.3&#8243; _module_preset=&#8221;default&#8221; background_color=&#8221;#fafafa&#8221; max_width=&#8221;800px&#8221; custom_padding=&#8221;0px|40px|0px|40px|false|true&#8221; custom_css_main_element=&#8221;display: flex;||flex-wrap: wrap;||align-items: center;&#8221; border_color_top=&#8221;RGBA(255,255,255,0)&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;3_5&#8243; _builder_version=&#8221;4.20.2&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221; custom_css_main_element_last_edited=&#8221;on|phone&#8221;][et_pb_text _builder_version=&#8221;4.20.2&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<ul>\n<li><strong>ANZ and NAB are Australia\u2019s climate laggards: ANZ and NAB<\/strong> have been by far Australia\u2019s biggest backers of the fossil fuel industry in the banking sector, more than doubling their counterparts lending in Commonwealth Bank and nearly doubling Westpac.<\/li>\n<\/ul>\n<p>[\/et_pb_text][\/et_pb_column][et_pb_column type=&#8221;2_5&#8243; _builder_version=&#8221;4.20.2&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221; custom_css_main_element_last_edited=&#8221;on|phone&#8221;][et_pb_image src=&#8221;https:\/\/www.marketforces.org.au\/wp-content\/uploads\/2023\/05\/ANZ-and-NAB-are-Australias-climate-laggards.png&#8221; title_text=&#8221;ANZ and NAB are Australia\u2019s climate laggards&#8221; force_fullwidth=&#8221;on&#8221; _builder_version=&#8221;4.20.2&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][\/et_pb_image][\/et_pb_column][\/et_pb_row][et_pb_row column_structure=&#8221;3_5,2_5&#8243; make_equal=&#8221;on&#8221; _builder_version=&#8221;4.20.2&#8243; _module_preset=&#8221;default&#8221; background_color=&#8221;#fafafa&#8221; max_width=&#8221;800px&#8221; custom_padding=&#8221;0px|40px|0px|40px|false|true&#8221; custom_css_main_element=&#8221;display: flex;||flex-wrap: wrap;||align-items: center;&#8221; border_color_top=&#8221;RGBA(255,255,255,0)&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;3_5&#8243; _builder_version=&#8221;4.20.2&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_text _builder_version=&#8221;4.20.2&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<ul>\n<li><strong>ANZ is Australia\u2019s biggest lender to new and expanded fossil fuels.<\/strong> ANZ provided a <br \/>total of $2.9 billion to new and expanded fossil fuels across 2021 and 2022. NAB <br \/>provided the second most with $2.4 billion.<\/li>\n<\/ul>\n<p>[\/et_pb_text][\/et_pb_column][et_pb_column type=&#8221;2_5&#8243; _builder_version=&#8221;4.20.2&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_image src=&#8221;https:\/\/www.marketforces.org.au\/wp-content\/uploads\/2023\/05\/ANZ-is-Australias-biggest-lender-to-new-and-expanded-fossil-fuels.png&#8221; title_text=&#8221;ANZ is Australia\u2019s biggest lender to new and expanded fossil fuels&#8221; force_fullwidth=&#8221;on&#8221; _builder_version=&#8221;4.20.2&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][\/et_pb_image][\/et_pb_column][\/et_pb_row][et_pb_row column_structure=&#8221;3_5,2_5&#8243; make_equal=&#8221;on&#8221; _builder_version=&#8221;4.20.2&#8243; _module_preset=&#8221;default&#8221; background_color=&#8221;#fafafa&#8221; max_width=&#8221;800px&#8221; custom_padding=&#8221;0px|40px|0px|40px|false|true&#8221; custom_css_main_element=&#8221;display: flex;||flex-wrap: wrap;||align-items: center;&#8221; border_color_top=&#8221;RGBA(255,255,255,0)&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;3_5&#8243; _builder_version=&#8221;4.20.2&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_text _builder_version=&#8221;4.20.2&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<ul>\n<li><strong>Commonwealth Bank has reined in fossil fuel lending.<\/strong> Commonwealth Bank was <br \/>Australia\u2019s biggest fossil fuel lender between 2016-2020, but has reversed that <br \/>trend, lending the least of the big four banks to fossil fuels in the last two years.<\/li>\n<\/ul>\n<p>[\/et_pb_text][\/et_pb_column][et_pb_column type=&#8221;2_5&#8243; _builder_version=&#8221;4.20.2&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_image src=&#8221;https:\/\/www.marketforces.org.au\/wp-content\/uploads\/2023\/05\/Commonwealth-Bank-has-reined-in-fossil-fuel-lending.png&#8221; title_text=&#8221;Commonwealth Bank has reined in fossil fuel lending&#8221; force_fullwidth=&#8221;on&#8221; _builder_version=&#8221;4.20.2&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][\/et_pb_image][\/et_pb_column][\/et_pb_row][et_pb_row column_structure=&#8221;3_5,2_5&#8243; make_equal=&#8221;on&#8221; _builder_version=&#8221;4.20.2&#8243; _module_preset=&#8221;default&#8221; background_color=&#8221;#fafafa&#8221; max_width=&#8221;800px&#8221; custom_padding=&#8221;0px|40px|0px|40px|false|true&#8221; custom_css_main_element=&#8221;display: flex;||flex-wrap: wrap;||align-items: center;&#8221; border_color_top=&#8221;RGBA(255,255,255,0)&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;3_5&#8243; _builder_version=&#8221;4.20.2&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_text _builder_version=&#8221;4.20.2&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<ul>\n<li><strong>NAB has been Australia\u2019s most regressive bank.<\/strong> Despite attempts to paint itself as <br \/>a climate leader, NAB has been the most regressive bank in the last two years, <br \/><em>increasing its funding of the fossil fuel industry to be on-par with perennial climate <\/em><br \/><em>laggard ANZ.<\/em><\/li>\n<\/ul>\n<p>[\/et_pb_text][\/et_pb_column][et_pb_column type=&#8221;2_5&#8243; _builder_version=&#8221;4.20.2&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_image src=&#8221;https:\/\/www.marketforces.org.au\/wp-content\/uploads\/2023\/05\/NAB-has-been-Australias-most-regressive-bank.png&#8221; title_text=&#8221;NAB has been Australia\u2019s most regressive bank&#8221; force_fullwidth=&#8221;on&#8221; _builder_version=&#8221;4.20.2&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][\/et_pb_image][\/et_pb_column][\/et_pb_row][et_pb_row column_structure=&#8221;3_5,2_5&#8243; make_equal=&#8221;on&#8221; _builder_version=&#8221;4.20.2&#8243; _module_preset=&#8221;default&#8221; background_color=&#8221;#fafafa&#8221; max_width=&#8221;800px&#8221; custom_padding=&#8221;0px|40px|0px|40px|false|true&#8221; custom_css_main_element=&#8221;display: flex;||flex-wrap: wrap;||align-items: center;&#8221; border_color_top=&#8221;RGBA(255,255,255,0)&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;3_5&#8243; _builder_version=&#8221;4.20.2&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_text _builder_version=&#8221;4.20.2&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<ul>\n<li><strong>Westpac has lost its previous title of lowest lender to fossil fuels<\/strong> among the big <br \/>four Australian banks over the last two years. Westpac continues to finance <br \/>Australia\u2019s most egregious climate wreckers, with active loans to Whitehaven Coal, <br \/>Woodside, Santos, and the dirty Pluto 2 LNG project.<\/li>\n<\/ul>\n<p>[\/et_pb_text][\/et_pb_column][et_pb_column type=&#8221;2_5&#8243; _builder_version=&#8221;4.20.2&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_image src=&#8221;https:\/\/www.marketforces.org.au\/wp-content\/uploads\/2023\/05\/Westpac-has-lost-its-previous-title-of-lowest-lender-to-fossil-fuels.png&#8221; title_text=&#8221;Westpac has lost its previous title of lowest lender to fossil fuels&#8221; force_fullwidth=&#8221;on&#8221; _builder_version=&#8221;4.20.2&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][\/et_pb_image][\/et_pb_column][\/et_pb_row][et_pb_row column_structure=&#8221;3_5,2_5&#8243; make_equal=&#8221;on&#8221; _builder_version=&#8221;4.20.2&#8243; _module_preset=&#8221;default&#8221; background_color=&#8221;#fafafa&#8221; max_width=&#8221;800px&#8221; custom_padding=&#8221;0px|40px|0px|40px|false|true&#8221; custom_css_main_element=&#8221;display: flex;||flex-wrap: wrap;||align-items: center;&#8221; border_color_top=&#8221;RGBA(255,255,255,0)&#8221; global_colors_info=&#8221;{}&#8221; custom_css_main_element__hover_enabled=&#8221;off|desktop&#8221;][et_pb_column type=&#8221;3_5&#8243; _builder_version=&#8221;4.20.2&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_text _builder_version=&#8221;4.20.2&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<ul>\n<li><strong>Corporate finance is the banks&#8217; big loophole enabling fossil fuel expansion.<\/strong> While <br \/>the banks have introduced restrictions on direct funding of some new fossil fuel <br \/>projects, they are more than willing to continue providing corporate finance \u2013<br \/>which accounts for almost 70% of their total fossil fuel lending \u2013 to the companies <br \/>building such projects.\n<\/li>\n<\/ul>\n<p>[\/et_pb_text][\/et_pb_column][et_pb_column type=&#8221;2_5&#8243; _builder_version=&#8221;4.20.2&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_image src=&#8221;https:\/\/www.marketforces.org.au\/wp-content\/uploads\/2023\/05\/Corporate-finance-is-the-banks-big-loophole-enabling-fossil-fuel-expansion.png&#8221; title_text=&#8221;Corporate finance is the banks\u2019 big loophole enabling fossil fuel expansion&#8221; force_fullwidth=&#8221;on&#8221; _builder_version=&#8221;4.20.2&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][\/et_pb_image][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=&#8221;1&#8243; admin_label=&#8221;Section &#8211; Actions&#8221; module_id=&#8221;section-take-action&#8221; _builder_version=&#8221;4.20.0&#8243; _module_preset=&#8221;default&#8221; custom_padding=&#8221;40px||30px||false|false&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_row module_class=&#8221;toc-item&#8221; _builder_version=&#8221;4.24.3&#8243; _module_preset=&#8221;default&#8221; max_width=&#8221;800px&#8221; custom_padding=&#8221;0px||0px|||&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.20.2&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_text _builder_version=&#8221;4.20.2&#8243; _module_preset=&#8221;default&#8221; header_text_color=&#8221;#131313&#8243; header_2_font=&#8221;Inter|800|||||||&#8221; header_2_text_color=&#8221;#131313&#8243; header_3_font=&#8221;Inter|800|||||||&#8221; header_3_text_color=&#8221;#131313&#8243; header_3_font_size=&#8221;36px&#8221; header_3_line_height=&#8221;1.2em&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<h2>Banks fossil fuel lending (2021 &#8211; 2022)<\/h2>\n<p>[\/et_pb_text][et_pb_code _builder_version=&#8221;4.20.2&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][\/et_pb_code][et_pb_text _builder_version=&#8221;4.23&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p>Australia\u2019s big four banks want you to believe they are serious about taking climate action.<br \/>ANZ, Commonwealth Bank, NAB and Westpac all support the Paris climate goals and have<br \/>committed to net zero emissions by 2050. But the latest financing data shows those<br \/>commitments are little more than greenwash. In the last two years, ANZ, CommBank, NAB<br \/>and Westpac have given:<\/p>\n<p><strong>$13.1 billion<\/strong> to the fossil fuel industry, including:<\/p>\n<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li><strong>$1.9 billion<\/strong> to coal,<\/li>\n<li><strong>$11.2 billion<\/strong> to the oil and gas industry, including $4 billion to LNG<\/li>\n<li><strong>$1.6 billion<\/strong> directly to new and expanded fossil fuel projects, enabling an additional <strong>2.4 billion tonnes of carbon dioxide (CO2) emissions, <\/strong>over 5 times Australia&#8217;s emissions in 2021.<\/li>\n<li><strong>$6 billion<\/strong> to fossil fuel companies pursuing plans completely out of line with achieving net zero carbon emissions by 2050, including to some of the most climate-destructive companies in Australia; <strong>Glencore, Woodside, and Santos<\/strong>.<\/li>\n<li><strong>This corporate lending<\/strong> to companies with fossil fuel expansion plans is more than <strong>three times<\/strong> the amount loaned directly to expansionary projects.<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<p>[\/et_pb_text][et_pb_text _builder_version=&#8221;4.23&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p><strong>Banks lending to fossil fuels &#8211; breakdown (2021 &#8211; 2022)<\/strong><\/p>\n<p>[\/et_pb_text][et_pb_code _builder_version=&#8221;4.20.2&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;]\n<div class=\"wdt-wrapper-chart-loader\" data-id=\"69\"\n     style=\"height: 480px;\">\n    <div class=\"wdt-main-item\">\n                <div class=\"wdt-chart-animated-background\" style=\"height: 120px\">\n            <div class=\"wdt-background-masker wdt-btn-divide-left wdt-chart-one\"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-2\"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-3\"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-4 wdt-chart-three\"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-5\"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-6\"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-7 \"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-8\"><\/div>\n        <\/div>\n        <div class=\"wdt-chart-animated-background\" style=\"height: 120px\">\n            <div class=\"wdt-background-masker wdt-btn-divide-left\"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-2 wdt-chart-two\"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-3\"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-4\"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-5 wdt-chart-four\"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-6\"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-7\"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-8\"><\/div>\n        <\/div>\n        <div class=\"wdt-chart-animated-background\" style=\"height: 120px\">\n            <div class=\"wdt-background-masker wdt-btn-divide-left\"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-2\"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-3\"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-4\"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-5\"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-6 wdt-chart-five\"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-7\"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-8\"><\/div>\n        <\/div>\n        <div class=\"wdt-chart-animated-background\" style=\"height: 120px\">\n            <div class=\"wdt-background-masker wdt-btn-divide-left\"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-2\"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-3\"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-4\"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-5\"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-6\"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-7\"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-8\"><\/div>\n        <\/div>\n        <div class=\"wdt-static-background\">\n            <div class=\"wdt-background-masker\"><\/div>\n        <\/div>\n    <\/div>\n<\/div>\n<style>\n    \n<\/style>    <script type=\"text\/javascript\">\n        if (typeof (wpDataCharts) == 'undefined') wpDataCharts = {};\n        wpDataCharts[69] = {\n            render_data: {\"wdtNumberFormat\":\"2\",\"options\":{\"title\":{\"text\":\"\",\"floating\":false,\"align\":\"center\"},\"series\":[{\"type\":\"\",\"name\":\"Non-expansionary fossil fuel lending \",\"color\":\"#433244\",\"label\":\"Non-expansionary fossil fuel lending \",\"orig_header\":\"anz\",\"data\":[1.8,1.1,2.1,0.5]},{\"type\":\"\",\"name\":\"Total lending to expansionary projects\",\"color\":\"#903E4C\",\"label\":\"Total lending to expansionary projects\",\"orig_header\":\"commbank\",\"data\":[0.6,0.3,0.7,null]},{\"type\":\"\",\"name\":\"Total lending to companies expanding fossil fuels \",\"color\":\"#59242D\",\"label\":\"Total lending to companies expanding fossil fuels \",\"orig_header\":\"nab\",\"data\":[2.3,0.9,1.7,1.1]}],\"xAxis\":{\"categories\":[\"ANZ\",\"Westpac\",\"NAB\",\"Commonwealth Bank\"],\"crosshair\":false},\"chart\":{\"backgroundColor\":\"\",\"borderWidth\":0,\"borderColor\":\"\",\"borderRadius\":0,\"zoomType\":\"none\",\"panning\":false,\"panKey\":\"shift\",\"plotBackgroundColor\":\"\",\"plotBackgroundImage\":\"\",\"plotBorderColor\":\"\",\"plotBorderWidth\":0,\"inverted\":false},\"yAxis\":{\"gridLineDashStyle\":\"solid\",\"title\":{\"text\":\"Amount (AU$bn)\"},\"crosshair\":false},\"subtitle\":{\"text\":\"\",\"align\":\"center\"},\"tooltip\":{\"enabled\":true,\"backgroundColor\":\"rgba(255,255,255,0.85)\",\"borderWidth\":\"1\",\"borderColor\":\"\",\"borderRadius\":3,\"shared\":false,\"valuePrefix\":\"$\",\"valueSuffix\":\"bn\"},\"legend\":{\"enabled\":true,\"backgroundColor\":\"\",\"title\":{\"text\":\"\"},\"layout\":\"horizontal\",\"align\":\"center\",\"verticalAlign\":\"bottom\",\"borderWidth\":\"0\",\"borderColor\":\"\",\"borderRadius\":\"0\"},\"exporting\":{\"enabled\":false,\"chartOptions\":{\"plotOptions\":{\"series\":{\"dataLabels\":{\"enabled\":false}}}},\"filename\":\"\",\"width\":\"\",\"buttons\":{\"contextButton\":{\"align\":\"right\",\"verticalAlign\":\"top\",\"symbolStroke\":\"#666\",\"text\":\"\"}}},\"credits\":{\"enabled\":false,\"href\":\"http:\\\/\\\/www.highcharts.com\",\"text\":\"Highcharts.com\"}},\"type\":\"highcharts_stacked_column_chart\",\"height\":480},\n            engine: \"highcharts\",\n            type: \"highcharts_stacked_column_chart\",\n            title: \"Big four Australian banks - Total fossil fuel lending 2021-2022 - Banking Climate Failure 2023\",\n            container: \"wpDataChart_69\",\n            follow_filtering: 0,\n            wpdatatable_id: 274,\n            group_chart: 0        }\n    <\/script>\n\n    <div id=\"wpDataChart_69\" class=\"highcharts_stacked_column_chart\" style=\"width: 100%\"><\/div>\n[\/et_pb_code][et_pb_code _builder_version=&#8221;4.20.2&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;]\n<div class=\"wpdt-c wdt-skin-material\">\n    \n    <input type=\"hidden\" id=\"wdtNonceFrontendServerSide_274\" name=\"wdtNonceFrontendServerSide_274\" value=\"7a6cdc5e32\" \/><input type=\"hidden\" name=\"_wp_http_referer\" value=\"\/wp-json\/wp\/v2\/pages\/69731\" \/><input type=\"hidden\" id=\"wdtFrontendelementorNonce_274\" name=\"wdtFrontendelementorNonce_274\" value=\"a739b01ca7\" \/>    <input type=\"hidden\" id=\"table_2_desc\"\n           value='{\"tableId\":\"table_2\",\"tableType\":\"manual\",\"selector\":\"#table_2\",\"responsive\":true,\"responsiveAction\":\"icon\",\"editable\":false,\"inlineEditing\":false,\"infoBlock\":false,\"pagination_top\":0,\"pagination\":0,\"paginationAlign\":\"right\",\"paginationLayout\":\"full_numbers\",\"paginationLayoutMobile\":\"simple\",\"file_location\":\"\",\"tableSkin\":\"material\",\"table_wcag\":0,\"simple_template_id\":0,\"scrollable\":false,\"fixedLayout\":true,\"globalSearch\":false,\"showRowsPerPage\":false,\"popoverTools\":false,\"loader\":\"1\",\"showCartInformation\":1,\"hideBeforeLoad\":false,\"number_format\":2,\"decimalPlaces\":2,\"spinnerSrc\":\"https:\\\/\\\/www.marketforces.org.au\\\/wp-content\\\/plugins\\\/wpdatatables\\\/assets\\\/\\\/img\\\/spinner.gif\",\"index_column\":0,\"groupingEnabled\":false,\"tableWpId\":274,\"dataTableParams\":{\"sDom\":\"BT\\u003C\\u0027clear\\u0027\\u003Et\",\"bSortCellsTop\":false,\"bFilter\":true,\"aLengthMenu\":[[1,5,10,25,50,100,-1],[1,5,10,25,50,100,\"All\"]],\"iDisplayLength\":10,\"columnDefs\":[{\"sType\":\"string\",\"wdtType\":\"string\",\"bVisible\":true,\"orderable\":true,\"searchable\":true,\"InputType\":\"text\",\"name\":\"bank\",\"origHeader\":\"bank\",\"notNull\":false,\"conditionalFormattingRules\":[],\"transformValueRules\":\"\",\"className\":\" column-bank\",\"aTargets\":[0]},{\"sType\":\"formatted-num\",\"wdtType\":\"float\",\"bVisible\":true,\"orderable\":true,\"searchable\":true,\"InputType\":\"text\",\"name\":\"commbank\",\"origHeader\":\"commbank\",\"notNull\":false,\"conditionalFormattingRules\":[],\"transformValueRules\":\"\",\"className\":\"numdata float  column-commbank\",\"aTargets\":[1]},{\"sType\":\"formatted-num\",\"wdtType\":\"int\",\"bVisible\":false,\"orderable\":true,\"searchable\":true,\"InputType\":\"text\",\"name\":\"wdt_ID\",\"origHeader\":\"wdt_ID\",\"notNull\":false,\"conditionalFormattingRules\":[],\"transformValueRules\":\"\",\"className\":\"numdata integer  column-wdt_id\",\"aTargets\":[2]},{\"sType\":\"formatted-num\",\"wdtType\":\"float\",\"bVisible\":true,\"orderable\":true,\"searchable\":true,\"InputType\":\"text\",\"name\":\"anz\",\"origHeader\":\"anz\",\"notNull\":false,\"conditionalFormattingRules\":[],\"transformValueRules\":\"\",\"className\":\"numdata float  column-anz\",\"aTargets\":[3]},{\"sType\":\"formatted-num\",\"wdtType\":\"float\",\"bVisible\":true,\"orderable\":true,\"searchable\":true,\"InputType\":\"text\",\"name\":\"nab\",\"origHeader\":\"nab\",\"notNull\":false,\"conditionalFormattingRules\":[],\"transformValueRules\":\"\",\"className\":\"numdata float  column-nab\",\"aTargets\":[4]},{\"sType\":\"formatted-num\",\"wdtType\":\"float\",\"bVisible\":false,\"orderable\":false,\"searchable\":false,\"InputType\":\"none\",\"name\":\"formula_1\",\"origHeader\":\"formula_1\",\"notNull\":false,\"conditionalFormattingRules\":[],\"transformValueRules\":\"\",\"className\":\"numdata formula  column-formula_1\",\"aTargets\":[5]},{\"sType\":\"formatted-num\",\"wdtType\":\"float\",\"bVisible\":false,\"orderable\":true,\"searchable\":true,\"InputType\":\"text\",\"name\":\"trend\",\"origHeader\":\"trend\",\"notNull\":false,\"conditionalFormattingRules\":[],\"transformValueRules\":\"\",\"className\":\"numdata float  column-trend\",\"aTargets\":[6]},{\"sType\":\"formatted-num\",\"wdtType\":\"float\",\"bVisible\":true,\"orderable\":false,\"searchable\":false,\"InputType\":\"none\",\"name\":\"formula_2\",\"origHeader\":\"formula_2\",\"notNull\":false,\"conditionalFormattingRules\":[],\"transformValueRules\":\"\",\"className\":\"numdata formula bold-text column-formula_2\",\"aTargets\":[7]}],\"bAutoWidth\":false,\"order\":[[0,\"asc\"]],\"ordering\":true,\"fixedHeader\":{\"header\":false,\"headerOffset\":0},\"fixedColumns\":false,\"oLanguage\":{\"sSearchPlaceholder\":\"\"},\"buttons\":[],\"bProcessing\":false,\"serverSide\":true,\"ajax\":{\"url\":\"https:\\\/\\\/www.marketforces.org.au\\\/wp-admin\\\/admin-ajax.php?action=get_wdtable&table_id=274\",\"type\":\"POST\"},\"oSearch\":{\"bSmart\":false,\"bRegex\":false,\"sSearch\":\"\"}},\"customRowDisplay\":\"\",\"tabletWidth\":\"1024\",\"mobileWidth\":\"480\",\"renderFilter\":\"footer\",\"advancedFilterEnabled\":false,\"serverSide\":true,\"autoRefreshInterval\":0,\"processing\":true,\"fnServerData\":true,\"columnsFixed\":0,\"sumFunctionsLabel\":\"\",\"avgFunctionsLabel\":\"\",\"minFunctionsLabel\":\"\",\"maxFunctionsLabel\":\"munira.chowdhury@marketforces.org.au\",\"columnsDecimalPlaces\":{\"bank\":-1,\"commbank\":1,\"wdt_ID\":-1,\"anz\":1,\"nab\":1,\"formula_1\":2,\"trend\":-1,\"formula_2\":1},\"columnsThousandsSeparator\":{\"wdt_ID\":0},\"sumColumns\":[],\"avgColumns\":[],\"sumAvgColumns\":[],\"timeFormat\":\"h:i A\",\"datepickFormat\":\"dd\\\/mm\\\/yy\"}'\/>\n\n    <table id=\"table_2\"\n           class=\"  responsive display nowrap wdt-no-display data-t data-t wpDataTable wpDataTableID-274 \"\n           style=\"\"\n           data-described-by='table_2_desc'\n           data-wpdatatable_id=\"274\">\n        \n        <!-- Table header -->\n        \n<thead>\n<tr>\n                    <th\n        data-class=\"expand\"                class=\" wdtheader sort \"\n        style=\"\">        Bank<\/th>        <th\n                data-hide=\"phone\"        class=\"phone wdtheader sort numdata float \"\n        style=\"\">        Total lending to expansionary projects<\/th>        <th\n                        class=\" wdtheader sort numdata integer \"\n        style=\"\">        wdt_ID<\/th>        <th\n                data-hide=\"phone\"        class=\"phone wdtheader sort numdata float \"\n        style=\"\">        Non-expansionary fossil fuel lending<\/th>        <th\n                data-hide=\"phone\"        class=\"phone wdtheader sort numdata float \"\n        style=\"\">        Total lending to companies expanding fossil fuels<\/th>        <th\n                        class=\" wdtheader numdata formula \"\n        style=\"\">        Average<\/th>        <th\n                        class=\" wdtheader sort numdata float \"\n        style=\"\">        Trend<\/th>        <th\n                data-hide=\"phone\"        class=\"phone wdtheader numdata formula bold-text\"\n        style=\"\">        Total fossil fuel lending<\/th>    <\/tr>\n<\/thead>\n        <!-- \/Table header -->\n\n        <!-- Table body -->\n        \n<tbody>\n<!-- Table body -->\n<div data-id=\"274\"\n     class=\"wdt-timeline-item wdt-timeline-table_2\"\n     style=\"\">\n    <div class=\"wdt-table-loader\">\n        <div class=\"wdt-table-loader-row wdt-table-loader-header\">\n            <div class=\"wdt-table-loader-header-cell wdt-animated-background\"><\/div>\n            <div class=\"wdt-table-loader-header-cell wdt-animated-background\"><\/div>\n            <div class=\"wdt-table-loader-header-cell wdt-animated-background\"><\/div>\n        <\/div>\n                    <div class=\"wdt-table-loader-row\">\n                <div class=\"wdt-table-loader-cell wdt-animated-background\"><\/div>\n                <div class=\"wdt-table-loader-cell wdt-animated-background\"><\/div>\n                <div class=\"wdt-table-loader-cell wdt-animated-background\"><\/div>\n            <\/div>\n                    <div class=\"wdt-table-loader-row\">\n                <div class=\"wdt-table-loader-cell wdt-animated-background\"><\/div>\n                <div class=\"wdt-table-loader-cell wdt-animated-background\"><\/div>\n                <div class=\"wdt-table-loader-cell wdt-animated-background\"><\/div>\n            <\/div>\n                    <div class=\"wdt-table-loader-row\">\n                <div class=\"wdt-table-loader-cell wdt-animated-background\"><\/div>\n                <div class=\"wdt-table-loader-cell wdt-animated-background\"><\/div>\n                <div class=\"wdt-table-loader-cell wdt-animated-background\"><\/div>\n            <\/div>\n                    <div class=\"wdt-table-loader-row\">\n                <div class=\"wdt-table-loader-cell wdt-animated-background\"><\/div>\n                <div class=\"wdt-table-loader-cell wdt-animated-background\"><\/div>\n                <div class=\"wdt-table-loader-cell wdt-animated-background\"><\/div>\n            <\/div>\n                    <div class=\"wdt-table-loader-row\">\n                <div class=\"wdt-table-loader-cell wdt-animated-background\"><\/div>\n                <div class=\"wdt-table-loader-cell wdt-animated-background\"><\/div>\n                <div class=\"wdt-table-loader-cell wdt-animated-background\"><\/div>\n            <\/div>\n            <\/div>\n<\/div><!-- \/Table body -->\n                    <tr id=\"table_274_row_0\"\n            data-row-index=\"0\">\n                            <td style=\"\">ANZ<\/td>\n                            <td style=\"\">0.6<\/td>\n                            <td style=\"\">1<\/td>\n                            <td style=\"\">1.8<\/td>\n                            <td style=\"\">2.3<\/td>\n                            <td style=\"\">0.00<\/td>\n                            <td style=\"\">0.00<\/td>\n                            <td style=\"\">4.6<\/td>\n                    <\/tr>\n                            <tr id=\"table_274_row_1\"\n            data-row-index=\"1\">\n                            <td style=\"\">Westpac<\/td>\n                            <td style=\"\">0.3<\/td>\n                            <td style=\"\">2<\/td>\n                            <td style=\"\">1.1<\/td>\n                            <td style=\"\">0.9<\/td>\n                            <td style=\"\">0.00<\/td>\n                            <td style=\"\">0.00<\/td>\n                            <td style=\"\">2.3<\/td>\n                    <\/tr>\n                            <tr id=\"table_274_row_2\"\n            data-row-index=\"2\">\n                            <td style=\"\">NAB<\/td>\n                            <td style=\"\">0.7<\/td>\n                            <td style=\"\">3<\/td>\n                            <td style=\"\">2.1<\/td>\n                            <td style=\"\">1.7<\/td>\n                            <td style=\"\">0.00<\/td>\n                            <td style=\"\"><\/td>\n                            <td style=\"\">4.5<\/td>\n                    <\/tr>\n                            <tr id=\"table_274_row_3\"\n            data-row-index=\"3\">\n                            <td style=\"\">Commonwealth Bank<\/td>\n                            <td style=\"\">0.0<\/td>\n                            <td style=\"\">4<\/td>\n                            <td style=\"\">0.5<\/td>\n                            <td style=\"\">1.1<\/td>\n                            <td style=\"\">0.00<\/td>\n                            <td style=\"\"><\/td>\n                            <td style=\"\">1.6<\/td>\n                    <\/tr>\n            <\/tbody>        <!-- \/Table body -->\n\n        <!-- Table footer -->\n        \n        <!-- \/Table footer -->\n    <\/table>\n\n<\/div><style>\n\n#table_2 > tbody > tr > td.column-commbank:not(:empty):before,\n                                       \n#table_2 > tbody > tr.row-detail ul li.column-commbank span.columnValue:before\n                                            { content: '$' }\n#table_2 > tbody > tr > td.column-commbank:not(:empty):after,\n                                       \n#table_2 > tbody > tr.row-detail ul li.column-commbank span.columnValue:after\n                                            { content: 'bn' }\n#table_2 > tbody > tr > td.column-anz:not(:empty):before,\n                                       \n#table_2 > tbody > tr.row-detail ul li.column-anz span.columnValue:before\n                                            { content: '$' }\n#table_2 > tbody > tr > td.column-anz:not(:empty):after,\n                                       \n#table_2 > tbody > tr.row-detail ul li.column-anz span.columnValue:after\n                                            { content: 'bn' }\n#table_2 > thead > tr > th.column-anz { text-align: left !important; }\n#table_2 > tbody > tr > td.column-nab:not(:empty):before,\n                                       \n#table_2 > tbody > tr.row-detail ul li.column-nab span.columnValue:before\n                                            { content: '$' }\n#table_2 > tbody > tr > td.column-nab:not(:empty):after,\n                                       \n#table_2 > tbody > tr.row-detail ul li.column-nab span.columnValue:after\n                                            { content: 'bn' }\n#table_2 > tbody > tr > td.column-formula_2:not(:empty):before,\n                                       \n#table_2 > tbody > tr.row-detail ul li.column-formula_2 span.columnValue:before\n                                            { content: '$' }\n#table_2 > tbody > tr > td.column-formula_2:not(:empty):after,\n                                       \n#table_2 > tbody > tr.row-detail ul li.column-formula_2 span.columnValue:after\n                                            { content: 'bn' }table.wpDataTable { table-layout: fixed !important; }\ntable.wpDataTable td, table.wpDataTable th { white-space: normal !important; }\nbutton.button.btn.wdt-clear-filters-button {\n\tbackground: #ffffff;\n\tborder-style: solid;\n\tborder-width: 2px;\n\tborder-color: #903e4c;\n\ttext-shadow: 0px 0px;\n}\n\ndiv.wpDataTables.wpDataTablesFilter.wpDataTablesWrapper.data-t {\n\tmargin-bottom: 0px;\n}\n\ndiv.wpDataTableFilterSection {\n\tmargin-bottom: 0px !important;\n}table.wpDataTable td.numdata { text-align: right !important; }\n<\/style>\n<style>\n            \/* th background color *\/\n    .wpdt-c.wpDataTablesWrapper table.wpdtSimpleTable.bt[data-has-header='1'] td.wpdt-header-classes,\n    .wpdt-c.wpDataTablesWrapper table.wpdtSimpleTable thead th,\n    .wpdt-c .wpDataTablesWrapper table.wpDataTable thead th,\n    .wpdt-c .wpDataTablesWrapper table.wpDataTable thead th.sorting {\n        background-color: #F06400 !important;\n        background-image: none !important;\n    }\n\n                \/* th font color *\/\n    .wpdt-c.wpDataTablesWrapper table.wpdtSimpleTable.bt[data-has-header='1'] td.wpdt-header-classes,\n    .wpdt-c.wpDataTablesWrapper table.wpdtSimpleTable thead th,\n    .wpdt-c .wpDataTablesWrapper table.wpDataTable thead th {\n        color: #ffffff !important;\n    }\n\n    .wpdt-c .wpDataTablesWrapper table.wpDataTable thead th.sorting:after,\n    .wpdt-c .wpDataTablesWrapper table.wpDataTable thead th.sorting_asc:after {\n        border-bottom-color: #ffffff !important;\n    }\n\n    .wpdt-c .wpDataTablesWrapper table.wpDataTable thead th.sorting_desc:after {\n        border-top-color: #ffffff !important;\n    }\n\n        \n                                                                                            \/* table font size *\/\n    .wpdt-c.wpDataTablesWrapper table.wpdtSimpleTable,\n    .wpdt-c .wpDataTablesWrapper table.wpDataTable {\n        font-size: 14px !important;\n    }\n\n            \n                <\/style>\n<style>\n<\/style>\n<style>\n                            \n                                        \n                    \n<\/style>\n[\/et_pb_code][et_pb_text _builder_version=&#8221;4.24.3&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;]While it is becoming rarer for the big four banks to provide direct project finance to new fossil fuel projects, they are continuing to provide billions in \u2018Corporate Finance\u2019 to the companies developing these new projects.<\/p>\n<p>Corporate finance has accounted for almost<b> 70 per cent<\/b> of the money the big four banks have loaned to the fossil fuel industry since 2016.<\/p>\n<p>The big four banks have no policies to limit their funding to companies expanding fossil fuels, and they are exploiting this policy loophole to continue pouring customers&#8217; money into companies steering us towards climate catastrophe.<\/p>\n<p>This reckless financing of fossil fuel expansion, despite the banks\u2019 own climate commitments,\u00a0 is occurring whilst the world\u2019s leading experts are imploring financial institutions to cut the greenwashing and end finance for new coal, oil and gas.\u00a0<\/p>\n<p>The Intergovernmental Panel on Climate Change (IPCC) has <a href=\"https:\/\/www.ipcc.ch\/report\/ar6\/syr\/resources\/spm-headline-statements\">declared<\/a> that the world has already warmed by 1.1\u00b0C and is hurtling towards exceeding the maximum emissions possible if the world is to meet the Paris climate goals and avoid the worst impacts of climate change.<\/p>\n<p>In March 2023, United Nations Secretary-General Ant\u00f3nio Guterres summarised the findings of the latest IPCC report by <a href=\"https:\/\/press.un.org\/en\/2023\/sgsm21730.doc.htm\">saying<\/a> there can be \u201cno new coal\u201d, and that \u201cceasing all licensing or funding of new oil and gas\u201d were crucial elements of defusing the \u201cclimate time-bomb\u201d. <\/p>\n<p>The statements echo a UN expert group <a href=\"https:\/\/www.un.org\/sites\/un2.un.org\/files\/high-level_expert_group_n7b.pdf#page=7\">declaration<\/a> in November 2022:\u00a0 <i><\u201cNon\u2011state actors cannot claim to be net zero while continuing to build or invest in new fossil fuel supply\u201d.\u00a0<\/i><\/p>\n<p>The findings are clear. Banks are greenwashing unless they end finance for new or expanded fossil fuel projects and the companies pursuing them.\u00a0[\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=&#8221;1&#8243; admin_label=&#8221;Section &#8211; Actions&#8221; module_id=&#8221;section-take-action&#8221; _builder_version=&#8221;4.23&#8243; _module_preset=&#8221;default&#8221; custom_padding=&#8221;20px||30px||false|false&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_row module_class=&#8221;toc-item&#8221; _builder_version=&#8221;4.24.3&#8243; _module_preset=&#8221;default&#8221; max_width=&#8221;800px&#8221; custom_padding=&#8221;10px||1px|||&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.20.2&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_text _builder_version=&#8221;4.20.2&#8243; _module_preset=&#8221;default&#8221; header_text_color=&#8221;#131313&#8243; header_2_font=&#8221;Inter|800|||||||&#8221; header_2_text_color=&#8221;#131313&#8243; header_3_font=&#8221;Inter|800|||||||&#8221; header_3_text_color=&#8221;#131313&#8243; header_3_font_size=&#8221;36px&#8221; header_3_line_height=&#8221;1.2em&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<h2>Banks fossil fuel lending since the Paris Agreement (2016-2022)<\/h2>\n<p>[\/et_pb_text][et_pb_text _builder_version=&#8221;4.20.2&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p>In the seven years since the global Paris Agreement to limit climate change was signed, the big four Australian banks have loaned a whopping total of <strong>$57.5 billion<\/strong>\u00a0to fossil fuels. This includes:<\/p>\n<p>&nbsp;<\/p>\n<ul>\n<li>$19.2 billion to companies expanding fossil fuels<\/li>\n<li>$9.5 billion to fossil fuel expansion projects<\/li>\n<\/ul>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row _builder_version=&#8221;4.24.3&#8243; _module_preset=&#8221;default&#8221; max_width=&#8221;800px&#8221; custom_padding=&#8221;10px||1px|||&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.20.2&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_text _builder_version=&#8221;4.20.2&#8243; _module_preset=&#8221;default&#8221; header_6_font=&#8221;Inter||||||||&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p><strong>Banks lending to fossil fuels &#8211; by year (2016 &#8211; 2022)<\/strong><\/p>\n<p>[\/et_pb_text][et_pb_code _builder_version=&#8221;4.20.2&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][wpdatachart id=66][\/et_pb_code][\/et_pb_column][\/et_pb_row][et_pb_row _builder_version=&#8221;4.24.3&#8243; _module_preset=&#8221;default&#8221; max_width=&#8221;800px&#8221; custom_padding=&#8221;10px||1px|||&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.20.2&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_text _builder_version=&#8221;4.20.2&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p><strong>Banks lending to fossil fuels &#8211; breakdown (2016 &#8211; 2022)<\/strong><\/p>\n<p>[\/et_pb_text][et_pb_code _builder_version=&#8221;4.20.2&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][wpdatachart id=70][\/et_pb_code][et_pb_code _builder_version=&#8221;4.20.2&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;]\n<div class=\"wpdt-c wdt-skin-material\">\n    \n    <input type=\"hidden\" id=\"wdtNonceFrontendServerSide_276\" name=\"wdtNonceFrontendServerSide_276\" value=\"15468df1f2\" \/><input type=\"hidden\" name=\"_wp_http_referer\" value=\"\/wp-json\/wp\/v2\/pages\/69731\" \/><input type=\"hidden\" id=\"wdtFrontendelementorNonce_276\" name=\"wdtFrontendelementorNonce_276\" value=\"6c1cc9c760\" \/>    <input type=\"hidden\" id=\"table_3_desc\"\n           value='{\"tableId\":\"table_3\",\"tableType\":\"manual\",\"selector\":\"#table_3\",\"responsive\":true,\"responsiveAction\":\"icon\",\"editable\":false,\"inlineEditing\":false,\"infoBlock\":false,\"pagination_top\":0,\"pagination\":0,\"paginationAlign\":\"right\",\"paginationLayout\":\"full_numbers\",\"paginationLayoutMobile\":\"simple\",\"file_location\":\"\",\"tableSkin\":\"material\",\"table_wcag\":0,\"simple_template_id\":0,\"scrollable\":false,\"fixedLayout\":true,\"globalSearch\":false,\"showRowsPerPage\":false,\"popoverTools\":false,\"loader\":\"1\",\"showCartInformation\":1,\"hideBeforeLoad\":false,\"number_format\":2,\"decimalPlaces\":2,\"spinnerSrc\":\"https:\\\/\\\/www.marketforces.org.au\\\/wp-content\\\/plugins\\\/wpdatatables\\\/assets\\\/\\\/img\\\/spinner.gif\",\"index_column\":0,\"groupingEnabled\":false,\"tableWpId\":276,\"dataTableParams\":{\"sDom\":\"BT\\u003C\\u0027clear\\u0027\\u003Et\",\"bSortCellsTop\":false,\"bFilter\":true,\"aLengthMenu\":[[1,5,10,25,50,100,-1],[1,5,10,25,50,100,\"All\"]],\"iDisplayLength\":10,\"columnDefs\":[{\"sType\":\"string\",\"wdtType\":\"string\",\"bVisible\":true,\"orderable\":true,\"searchable\":true,\"InputType\":\"text\",\"name\":\"bank\",\"origHeader\":\"bank\",\"notNull\":false,\"conditionalFormattingRules\":[],\"transformValueRules\":\"\",\"className\":\" column-bank\",\"aTargets\":[0]},{\"sType\":\"formatted-num\",\"wdtType\":\"int\",\"bVisible\":false,\"orderable\":true,\"searchable\":true,\"InputType\":\"text\",\"name\":\"wdt_ID\",\"origHeader\":\"wdt_ID\",\"notNull\":false,\"conditionalFormattingRules\":[],\"transformValueRules\":\"\",\"className\":\"numdata integer  column-wdt_id\",\"aTargets\":[1]},{\"sType\":\"formatted-num\",\"wdtType\":\"float\",\"bVisible\":true,\"orderable\":true,\"searchable\":true,\"InputType\":\"text\",\"name\":\"anz\",\"origHeader\":\"anz\",\"notNull\":false,\"conditionalFormattingRules\":[],\"transformValueRules\":\"\",\"className\":\"numdata float  column-anz\",\"aTargets\":[2]},{\"sType\":\"formatted-num\",\"wdtType\":\"float\",\"bVisible\":true,\"orderable\":true,\"searchable\":true,\"InputType\":\"text\",\"name\":\"commbank\",\"origHeader\":\"commbank\",\"notNull\":false,\"conditionalFormattingRules\":[],\"transformValueRules\":\"\",\"className\":\"numdata float  column-commbank\",\"aTargets\":[3]},{\"sType\":\"formatted-num\",\"wdtType\":\"float\",\"bVisible\":true,\"orderable\":true,\"searchable\":true,\"InputType\":\"text\",\"name\":\"nab\",\"origHeader\":\"nab\",\"notNull\":false,\"conditionalFormattingRules\":[],\"transformValueRules\":\"\",\"className\":\"numdata float  column-nab\",\"aTargets\":[4]},{\"sType\":\"formatted-num\",\"wdtType\":\"float\",\"bVisible\":false,\"orderable\":false,\"searchable\":false,\"InputType\":\"none\",\"name\":\"formula_1\",\"origHeader\":\"formula_1\",\"notNull\":false,\"conditionalFormattingRules\":[],\"transformValueRules\":\"\",\"className\":\"numdata formula  column-formula_1\",\"aTargets\":[5]},{\"sType\":\"formatted-num\",\"wdtType\":\"float\",\"bVisible\":false,\"orderable\":true,\"searchable\":true,\"InputType\":\"text\",\"name\":\"trend\",\"origHeader\":\"trend\",\"notNull\":false,\"conditionalFormattingRules\":[],\"transformValueRules\":\"\",\"className\":\"numdata float  column-trend\",\"aTargets\":[6]},{\"sType\":\"formatted-num\",\"wdtType\":\"float\",\"bVisible\":true,\"orderable\":false,\"searchable\":false,\"InputType\":\"none\",\"name\":\"formula_2\",\"origHeader\":\"formula_2\",\"notNull\":false,\"conditionalFormattingRules\":[],\"transformValueRules\":\"\",\"className\":\"numdata formula bold-text column-formula_2\",\"aTargets\":[7]}],\"bAutoWidth\":false,\"order\":[[0,\"asc\"]],\"ordering\":true,\"fixedHeader\":{\"header\":false,\"headerOffset\":0},\"fixedColumns\":false,\"oLanguage\":{\"sSearchPlaceholder\":\"\"},\"buttons\":[],\"bProcessing\":false,\"serverSide\":true,\"ajax\":{\"url\":\"https:\\\/\\\/www.marketforces.org.au\\\/wp-admin\\\/admin-ajax.php?action=get_wdtable&table_id=276\",\"type\":\"POST\"},\"oSearch\":{\"bSmart\":false,\"bRegex\":false,\"sSearch\":\"\"}},\"customRowDisplay\":\"\",\"tabletWidth\":\"1024\",\"mobileWidth\":\"480\",\"renderFilter\":\"footer\",\"advancedFilterEnabled\":false,\"serverSide\":true,\"autoRefreshInterval\":0,\"processing\":true,\"fnServerData\":true,\"columnsFixed\":0,\"sumFunctionsLabel\":\"\",\"avgFunctionsLabel\":\"\",\"minFunctionsLabel\":\"\",\"maxFunctionsLabel\":\"munira.chowdhury@marketforces.org.au\",\"columnsDecimalPlaces\":{\"bank\":-1,\"wdt_ID\":-1,\"anz\":1,\"commbank\":1,\"nab\":1,\"formula_1\":2,\"trend\":-1,\"formula_2\":1},\"columnsThousandsSeparator\":{\"wdt_ID\":0},\"sumColumns\":[],\"avgColumns\":[],\"sumAvgColumns\":[],\"timeFormat\":\"h:i A\",\"datepickFormat\":\"dd\\\/mm\\\/yy\"}'\/>\n\n    <table id=\"table_3\"\n           class=\"  responsive display nowrap wdt-no-display data-t data-t wpDataTable wpDataTableID-276 \"\n           style=\"\"\n           data-described-by='table_3_desc'\n           data-wpdatatable_id=\"276\">\n        \n        <!-- Table header -->\n        \n<thead>\n<tr>\n                    <th\n        data-class=\"expand\"                class=\" wdtheader sort \"\n        style=\"\">        Bank<\/th>        <th\n                        class=\" wdtheader sort numdata integer \"\n        style=\"\">        wdt_ID<\/th>        <th\n                data-hide=\"phone\"        class=\"phone wdtheader sort numdata float \"\n        style=\"\">        Non-expansionary fossil fuel lending<\/th>        <th\n                data-hide=\"phone\"        class=\"phone wdtheader sort numdata float \"\n        style=\"\">        Total lending to expansionary projects<\/th>        <th\n                data-hide=\"phone\"        class=\"phone wdtheader sort numdata float \"\n        style=\"\">        Total lending to companies expanding fossil fuels<\/th>        <th\n                        class=\" wdtheader numdata formula \"\n        style=\"\">        Average<\/th>        <th\n                        class=\" wdtheader sort numdata float \"\n        style=\"\">        Trend<\/th>        <th\n                        class=\" wdtheader numdata formula bold-text\"\n        style=\"\">        Total fossil fuel lending<\/th>    <\/tr>\n<\/thead>\n        <!-- \/Table header -->\n\n        <!-- Table body -->\n        \n<tbody>\n<!-- Table body -->\n<div data-id=\"276\"\n     class=\"wdt-timeline-item wdt-timeline-table_3\"\n     style=\"\">\n    <div class=\"wdt-table-loader\">\n        <div class=\"wdt-table-loader-row wdt-table-loader-header\">\n            <div class=\"wdt-table-loader-header-cell wdt-animated-background\"><\/div>\n            <div class=\"wdt-table-loader-header-cell wdt-animated-background\"><\/div>\n            <div class=\"wdt-table-loader-header-cell wdt-animated-background\"><\/div>\n        <\/div>\n                    <div class=\"wdt-table-loader-row\">\n                <div class=\"wdt-table-loader-cell wdt-animated-background\"><\/div>\n                <div class=\"wdt-table-loader-cell wdt-animated-background\"><\/div>\n                <div class=\"wdt-table-loader-cell wdt-animated-background\"><\/div>\n            <\/div>\n                    <div class=\"wdt-table-loader-row\">\n                <div class=\"wdt-table-loader-cell wdt-animated-background\"><\/div>\n                <div class=\"wdt-table-loader-cell wdt-animated-background\"><\/div>\n                <div class=\"wdt-table-loader-cell wdt-animated-background\"><\/div>\n            <\/div>\n                    <div class=\"wdt-table-loader-row\">\n                <div class=\"wdt-table-loader-cell wdt-animated-background\"><\/div>\n                <div class=\"wdt-table-loader-cell wdt-animated-background\"><\/div>\n                <div class=\"wdt-table-loader-cell wdt-animated-background\"><\/div>\n            <\/div>\n                    <div class=\"wdt-table-loader-row\">\n                <div class=\"wdt-table-loader-cell wdt-animated-background\"><\/div>\n                <div class=\"wdt-table-loader-cell wdt-animated-background\"><\/div>\n                <div class=\"wdt-table-loader-cell wdt-animated-background\"><\/div>\n            <\/div>\n                    <div class=\"wdt-table-loader-row\">\n                <div class=\"wdt-table-loader-cell wdt-animated-background\"><\/div>\n                <div class=\"wdt-table-loader-cell wdt-animated-background\"><\/div>\n                <div class=\"wdt-table-loader-cell wdt-animated-background\"><\/div>\n            <\/div>\n            <\/div>\n<\/div><!-- \/Table body -->\n                    <tr id=\"table_276_row_0\"\n            data-row-index=\"0\">\n                            <td style=\"\">ANZ<\/td>\n                            <td style=\"\">1<\/td>\n                            <td style=\"\">7.5<\/td>\n                            <td style=\"\">3.0<\/td>\n                            <td style=\"\">8.1<\/td>\n                            <td style=\"\">0.00<\/td>\n                            <td style=\"\">0.00<\/td>\n                            <td style=\"\">18.6<\/td>\n                    <\/tr>\n                            <tr id=\"table_276_row_1\"\n            data-row-index=\"1\">\n                            <td style=\"\">Westpac<\/td>\n                            <td style=\"\">2<\/td>\n                            <td style=\"\">4.0<\/td>\n                            <td style=\"\">1.2<\/td>\n                            <td style=\"\">3.8<\/td>\n                            <td style=\"\">0.00<\/td>\n                            <td style=\"\">0.00<\/td>\n                            <td style=\"\">9.0<\/td>\n                    <\/tr>\n                            <tr id=\"table_276_row_2\"\n            data-row-index=\"2\">\n                            <td style=\"\">NAB<\/td>\n                            <td style=\"\">3<\/td>\n                            <td style=\"\">7.3<\/td>\n                            <td style=\"\">2.2<\/td>\n                            <td style=\"\">4.6<\/td>\n                            <td style=\"\">0.00<\/td>\n                            <td style=\"\"><\/td>\n                            <td style=\"\">14.1<\/td>\n                    <\/tr>\n                            <tr id=\"table_276_row_3\"\n            data-row-index=\"3\">\n                            <td style=\"\">Commonwealth Bank<\/td>\n                            <td style=\"\">4<\/td>\n                            <td style=\"\">7.1<\/td>\n                            <td style=\"\">3.1<\/td>\n                            <td style=\"\">5.6<\/td>\n                            <td style=\"\">0.00<\/td>\n                            <td style=\"\"><\/td>\n                            <td style=\"\">15.8<\/td>\n                    <\/tr>\n            <\/tbody>        <!-- \/Table body -->\n\n        <!-- Table footer -->\n        \n        <!-- \/Table footer -->\n    <\/table>\n\n<\/div><style>\n\n#table_3 > tbody > tr > td.column-anz:not(:empty):before,\n                                       \n#table_3 > tbody > tr.row-detail ul li.column-anz span.columnValue:before\n                                            { content: '$' }\n#table_3 > tbody > tr > td.column-anz:not(:empty):after,\n                                       \n#table_3 > tbody > tr.row-detail ul li.column-anz span.columnValue:after\n                                            { content: 'bn' }\n#table_3 > tbody > tr > td.column-commbank:not(:empty):before,\n                                       \n#table_3 > tbody > tr.row-detail ul li.column-commbank span.columnValue:before\n                                            { content: '$' }\n#table_3 > tbody > tr > td.column-commbank:not(:empty):after,\n                                       \n#table_3 > tbody > tr.row-detail ul li.column-commbank span.columnValue:after\n                                            { content: 'bn' }\n#table_3 > tbody > tr > td.column-nab:not(:empty):before,\n                                       \n#table_3 > tbody > tr.row-detail ul li.column-nab span.columnValue:before\n                                            { content: '$' }\n#table_3 > tbody > tr > td.column-nab:not(:empty):after,\n                                       \n#table_3 > tbody > tr.row-detail ul li.column-nab span.columnValue:after\n                                            { content: 'bn' }\n#table_3 > tbody > tr > td.column-formula_2:not(:empty):before,\n                                       \n#table_3 > tbody > tr.row-detail ul li.column-formula_2 span.columnValue:before\n                                            { content: '$' }\n#table_3 > tbody > tr > td.column-formula_2:not(:empty):after,\n                                       \n#table_3 > tbody > tr.row-detail ul li.column-formula_2 span.columnValue:after\n                                            { content: 'bn' }table.wpDataTable { table-layout: fixed !important; }\ntable.wpDataTable td, table.wpDataTable th { white-space: normal !important; }\nbutton.button.btn.wdt-clear-filters-button {\n\tbackground: #ffffff;\n\tborder-style: solid;\n\tborder-width: 2px;\n\tborder-color: #903e4c;\n\ttext-shadow: 0px 0px;\n}\n\ndiv.wpDataTables.wpDataTablesFilter.wpDataTablesWrapper.data-t {\n\tmargin-bottom: 0px;\n}\n\ndiv.wpDataTableFilterSection {\n\tmargin-bottom: 0px !important;\n}table.wpDataTable td.numdata { text-align: right !important; }\n<\/style>\n<style>\n            \/* th background color *\/\n    .wpdt-c.wpDataTablesWrapper table.wpdtSimpleTable.bt[data-has-header='1'] td.wpdt-header-classes,\n    .wpdt-c.wpDataTablesWrapper table.wpdtSimpleTable thead th,\n    .wpdt-c .wpDataTablesWrapper table.wpDataTable thead th,\n    .wpdt-c .wpDataTablesWrapper table.wpDataTable thead th.sorting {\n        background-color: #F06400 !important;\n        background-image: none !important;\n    }\n\n                \/* th font color *\/\n    .wpdt-c.wpDataTablesWrapper table.wpdtSimpleTable.bt[data-has-header='1'] td.wpdt-header-classes,\n    .wpdt-c.wpDataTablesWrapper table.wpdtSimpleTable thead th,\n    .wpdt-c .wpDataTablesWrapper table.wpDataTable thead th {\n        color: #ffffff !important;\n    }\n\n    .wpdt-c .wpDataTablesWrapper table.wpDataTable thead th.sorting:after,\n    .wpdt-c .wpDataTablesWrapper table.wpDataTable thead th.sorting_asc:after {\n        border-bottom-color: #ffffff !important;\n    }\n\n    .wpdt-c .wpDataTablesWrapper table.wpDataTable thead th.sorting_desc:after {\n        border-top-color: #ffffff !important;\n    }\n\n        \n                                                                                            \/* table font size *\/\n    .wpdt-c.wpDataTablesWrapper table.wpdtSimpleTable,\n    .wpdt-c .wpDataTablesWrapper table.wpDataTable {\n        font-size: 14px !important;\n    }\n\n            \n                <\/style>\n<style>\n<\/style>\n<style>\n                            \n                                        \n                    \n<\/style>\n[\/et_pb_code][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=&#8221;1&#8243; disabled_on=&#8221;off|off|off&#8221; admin_label=&#8221;CTA&#8221; module_id=&#8221;section-key-findings&#8221; _builder_version=&#8221;4.20.2&#8243; _module_preset=&#8221;default&#8221; custom_padding=&#8221;0px||0px||false|false&#8221; custom_css_main_element=&#8221;margin: auto&#8221; locked=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_row _builder_version=&#8221;4.24.3&#8243; _module_preset=&#8221;default&#8221; max_width=&#8221;800px&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.23&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_button button_url=&#8221;#take-action&#8221; button_text=&#8221;Tell your bank to stop financing companies expanding coal, oil and gas!&#8221; button_alignment=&#8221;center&#8221; _builder_version=&#8221;4.23&#8243; _module_preset=&#8221;983ed5b3-b5b6-49ee-b56b-7b0ea7d10779&#8243; custom_button=&#8221;on&#8221; button_text_size=&#8221;16px&#8221; button_text_color=&#8221;#FFFFFF&#8221; button_bg_color=&#8221;#9b0000&#8243; button_border_width=&#8221;0px&#8221; button_border_color=&#8221;RGBA(255,255,255,0)&#8221; button_border_radius=&#8221;0px&#8221; button_font=&#8221;Poppins|500|||||||&#8221; button_icon=&#8221;&#xf061;||fa||900&#8243; button_on_hover=&#8221;off&#8221; custom_padding=&#8221;20px|70px|20px|20px|true|false&#8221; custom_css_main_element=&#8221;width: fit-content !important;||display: flex;||align-items: center;&#8221; custom_css_after=&#8221;margin-left: unset !important;||    left: unset !important;||    margin-right: 0;||    right: 0;||background-color: #AF3333;||    width: 50px;||    height: 100%;||    display: flex !important;||    justify-content: center;||    align-items: center;||    top: 0;&#8221; global_colors_info=&#8221;{}&#8221; button_text_color__hover=&#8221;#FFFFFF&#8221; button_bg_color__hover_enabled=&#8221;on|hover&#8221; button_bg_color__hover=&#8221;#af3333&#8243; custom_css_after_last_edited=&#8221;off|desktop&#8221; custom_css_after__hover_enabled=&#8221;on|hover&#8221; custom_css_after__hover=&#8221;background-color: #9b0000;||color: #fff&#8221;][\/et_pb_button][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=&#8221;1&#8243; _builder_version=&#8221;4.20.2&#8243; _module_preset=&#8221;default&#8221; custom_padding=&#8221;45px||10px||false|false&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_row _builder_version=&#8221;4.20.2&#8243; _module_preset=&#8221;default&#8221; max_width=&#8221;756px&#8221; custom_padding=&#8221;0px|||||&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.20.2&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_text module_class=&#8221;toc-item&#8221; _builder_version=&#8221;4.20.2&#8243; _module_preset=&#8221;default&#8221; header_text_color=&#8221;#131313&#8243; header_2_font=&#8221;Inter|800|||||||&#8221; header_2_text_color=&#8221;#131313&#8243; header_3_font=&#8221;Inter|800|||||||&#8221; header_3_text_color=&#8221;#131313&#8243; header_3_font_size=&#8221;36px&#8221; header_3_line_height=&#8221;1.2em&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<h2>Policy loopholes enabling fossil fuel expansion<\/h2>\n<p>[\/et_pb_text][et_pb_text _builder_version=&#8221;4.20.2&#8243; _module_preset=&#8221;default&#8221; custom_padding=&#8221;||0px|||&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p><span style=\"color: #131313; font-size: 1rem;\">The banks\u2019 key fossil fuel policy approaches \u2013 project finance restrictions and financed<br \/>emissions targets \u2013 leave major loopholes enabling them to continue pouring billions into new<br \/>and expanded fossil fuel developments.<br \/><\/span><\/p>\n<p><span style=\"font-size: large;\"><strong>Close a window, open a door\u00a0<\/strong><\/span><\/p>\n<p>The big four banks have committed to not providing direct finance for new thermal coal<br \/>projects, and all except ANZ have restrictions on project finance for new oil and gas fields,<br \/>although these are opaque and littered with caveats.<span style=\"font-size: large;\"><strong><\/strong><\/span><\/p>\n<p>Yet none of the banks rule out financing the companies that are developing these new fossil<br \/>fuel supply projects and are therefore continuing to fund this activity. It\u2019s also<br \/>worth noting that none of the banks exclude finance to new fossil fuel transport or<br \/>processing infrastructure, such as LNG terminals, despite these projects being out of line with<br \/>global climate goals.<\/p>\n<p>The figures below reveal that since January 2016, just after the signing of the Paris<br \/>Agreement, <strong>corporate finance has accounted for 69 per cent of overall lending to the fossil <\/strong><br \/><strong>fuel industry<\/strong> by the big four. Direct project finance by the banks is becoming rarer and tends<br \/>to be for existing projects.<\/p>\n<p><span style=\"font-weight: 400;\">One of the worst examples of corporate financing of fossil fuel expansion came in March 2022 when ANZ, NAB and Westpac all provided an \u2018acquisition loan\u2019 to Global Infrastructure Partners for a 49 per cent stake in the proposed Pluto 2 LNG project, enabling Woodside to go ahead with Pluto 2 and its associated new Scarborough gas field, one of Australia\u2019s most disastrous new gas projects and one that would be ruled out for direct project finance by NAB and Westpac\u2019s policies.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Corporate finance facilitating new projects is not limited to the big four banks.\u00a0 A <\/span><a href=\"https:\/\/globalenergymonitor.org\/report\/finance-industry-coal-restrictions-have-not-stopped-new-coal-due-to-billions-flowing-to-coal-plants-through-opaque-corporate-finance\/\"><span style=\"font-weight: 400;\">report<\/span><\/a><span style=\"font-weight: 400;\"> from Global Energy Monitor published in October 2022 stated that almost 80 per cent of global finance for planned coal projects comes from corporate loans.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Each bank has a policy in place that only requires their heaviest emitting clients to have published transition plans in <\/span><b>2025<\/b><span style=\"font-weight: 400;\">, giving another two years for climate wrecking companies to establish disastrous new fossil fuel projects. And even then, without any indication of what an acceptable transition plan would be, there\u2019s no guarantee the banks will even consider cutting ties and ending finance for companies expanding fossil fuels.<\/span><\/p>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row _builder_version=&#8221;4.20.2&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.20.2&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_toggle title=&#8221;Banks project finance policies &#8221; _builder_version=&#8221;4.20.2&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n\n<div class=\"wpdt-c wdt-skin-material\">\n    \n    <input type=\"hidden\" id=\"wdtNonceFrontendServerSide_241\" name=\"wdtNonceFrontendServerSide_241\" value=\"56b9f9030c\" \/><input type=\"hidden\" name=\"_wp_http_referer\" value=\"\/wp-json\/wp\/v2\/pages\/69731\" \/><input type=\"hidden\" id=\"wdtFrontendelementorNonce_241\" name=\"wdtFrontendelementorNonce_241\" value=\"5fdba8f051\" \/>    <input type=\"hidden\" id=\"table_4_desc\"\n           value='{\"tableId\":\"table_4\",\"tableType\":\"manual\",\"selector\":\"#table_4\",\"responsive\":true,\"responsiveAction\":\"icon\",\"editable\":false,\"inlineEditing\":false,\"infoBlock\":false,\"pagination_top\":0,\"pagination\":0,\"paginationAlign\":\"right\",\"paginationLayout\":\"full_numbers\",\"paginationLayoutMobile\":\"simple\",\"file_location\":\"\",\"tableSkin\":\"material\",\"table_wcag\":0,\"simple_template_id\":0,\"scrollable\":false,\"fixedLayout\":true,\"globalSearch\":true,\"showRowsPerPage\":false,\"popoverTools\":false,\"loader\":\"1\",\"showCartInformation\":1,\"hideBeforeLoad\":false,\"number_format\":2,\"decimalPlaces\":2,\"spinnerSrc\":\"https:\\\/\\\/www.marketforces.org.au\\\/wp-content\\\/plugins\\\/wpdatatables\\\/assets\\\/\\\/img\\\/spinner.gif\",\"index_column\":0,\"groupingEnabled\":false,\"tableWpId\":241,\"dataTableParams\":{\"sDom\":\"BT\\u003C\\u0027clear\\u0027\\u003Eft\",\"bSortCellsTop\":false,\"bFilter\":true,\"aLengthMenu\":[[1,5,10,25,50,100,-1],[1,5,10,25,50,100,\"All\"]],\"iDisplayLength\":-1,\"columnDefs\":[{\"sType\":\"string\",\"wdtType\":\"string\",\"bVisible\":true,\"orderable\":true,\"searchable\":true,\"InputType\":\"mce-editor\",\"name\":\"bank1\",\"origHeader\":\"bank1\",\"notNull\":false,\"conditionalFormattingRules\":[],\"transformValueRules\":\"\",\"className\":\" column-bank1\",\"aTargets\":[0]},{\"sType\":\"string\",\"wdtType\":\"link\",\"bVisible\":false,\"orderable\":true,\"searchable\":true,\"InputType\":\"link\",\"name\":\"bank\",\"origHeader\":\"bank\",\"notNull\":false,\"conditionalFormattingRules\":[],\"transformValueRules\":\"\",\"className\":\" column-bank\",\"aTargets\":[1]},{\"sType\":\"formatted-num\",\"wdtType\":\"int\",\"bVisible\":false,\"orderable\":true,\"searchable\":true,\"InputType\":\"text\",\"name\":\"wdt_ID\",\"origHeader\":\"wdt_ID\",\"notNull\":false,\"conditionalFormattingRules\":[],\"transformValueRules\":\"\",\"className\":\"numdata integer  column-wdt_id\",\"aTargets\":[2]},{\"sType\":\"string\",\"wdtType\":\"string\",\"bVisible\":true,\"orderable\":true,\"searchable\":true,\"InputType\":\"textarea\",\"name\":\"policies\",\"origHeader\":\"policies\",\"notNull\":false,\"conditionalFormattingRules\":[],\"transformValueRules\":\"\",\"className\":\" column-policies\",\"aTargets\":[3]},{\"sType\":\"string\",\"wdtType\":\"string\",\"bVisible\":true,\"orderable\":true,\"searchable\":true,\"InputType\":\"textarea\",\"name\":\"assessment\",\"origHeader\":\"assessment\",\"notNull\":false,\"conditionalFormattingRules\":[],\"transformValueRules\":\"\",\"className\":\" column-assessment\",\"aTargets\":[4]},{\"sType\":\"string\",\"wdtType\":\"string\",\"bVisible\":true,\"orderable\":true,\"searchable\":true,\"InputType\":\"textarea\",\"name\":\"loopholes\",\"origHeader\":\"loopholes\",\"notNull\":false,\"conditionalFormattingRules\":[],\"transformValueRules\":\"\",\"className\":\" column-loopholes\",\"aTargets\":[5]}],\"bAutoWidth\":false,\"order\":[[0,\"asc\"]],\"ordering\":true,\"fixedHeader\":{\"header\":false,\"headerOffset\":0},\"fixedColumns\":false,\"oLanguage\":{\"sSearchPlaceholder\":\"\"},\"buttons\":[],\"bProcessing\":false,\"serverSide\":true,\"ajax\":{\"url\":\"https:\\\/\\\/www.marketforces.org.au\\\/wp-admin\\\/admin-ajax.php?action=get_wdtable&table_id=241\",\"type\":\"POST\"},\"oSearch\":{\"bSmart\":false,\"bRegex\":false,\"sSearch\":\"\"}},\"customRowDisplay\":\"\",\"tabletWidth\":\"1024\",\"mobileWidth\":\"480\",\"renderFilter\":\"footer\",\"advancedFilterEnabled\":false,\"serverSide\":true,\"autoRefreshInterval\":0,\"processing\":true,\"fnServerData\":true,\"columnsFixed\":0,\"sumFunctionsLabel\":\"\",\"avgFunctionsLabel\":\"\",\"minFunctionsLabel\":\"\",\"maxFunctionsLabel\":\"munira.chowdhury@marketforces.org.au\",\"columnsDecimalPlaces\":{\"bank1\":-1,\"bank\":-1,\"wdt_ID\":-1,\"policies\":-1,\"assessment\":-1,\"loopholes\":-1},\"columnsThousandsSeparator\":{\"wdt_ID\":0},\"sumColumns\":[],\"avgColumns\":[],\"sumAvgColumns\":[],\"timeFormat\":\"h:i A\",\"datepickFormat\":\"dd\\\/mm\\\/yy\"}'\/>\n\n    <table id=\"table_4\"\n           class=\"  responsive display nowrap wdt-no-display data-t data-t wpDataTable wpDataTableID-241 \"\n           style=\"\"\n           data-described-by='table_4_desc'\n           data-wpdatatable_id=\"241\">\n        \n        <!-- Table header -->\n        \n<thead>\n<tr>\n                    <th\n        data-class=\"expand\"                class=\" wdtheader sort \"\n        style=\"\">        Bank<\/th>        <th\n                        class=\" wdtheader sort \"\n        style=\"\">        Link<\/th>        <th\n                        class=\" wdtheader sort numdata integer \"\n        style=\"\">        wdt_ID<\/th>        <th\n                data-hide=\"phone\"        class=\"phone wdtheader sort \"\n        style=\"\">        Coal project finance policy<\/th>        <th\n                data-hide=\"phone\"        class=\"phone wdtheader sort \"\n        style=\"\">        Oil and gas project finance policy<\/th>        <th\n                data-hide=\"phone\"        class=\"phone wdtheader sort \"\n        style=\"\">        Loopholes<\/th>    <\/tr>\n<\/thead>\n        <!-- \/Table header -->\n\n        <!-- Table body -->\n        \n<tbody>\n<!-- Table body -->\n<div data-id=\"241\"\n     class=\"wdt-timeline-item wdt-timeline-table_4\"\n     style=\"\">\n    <div class=\"wdt-table-loader\">\n        <div class=\"wdt-table-loader-row wdt-table-loader-header\">\n            <div class=\"wdt-table-loader-header-cell wdt-animated-background\"><\/div>\n            <div class=\"wdt-table-loader-header-cell wdt-animated-background\"><\/div>\n            <div class=\"wdt-table-loader-header-cell wdt-animated-background\"><\/div>\n        <\/div>\n                    <div class=\"wdt-table-loader-row\">\n                <div class=\"wdt-table-loader-cell wdt-animated-background\"><\/div>\n                <div class=\"wdt-table-loader-cell wdt-animated-background\"><\/div>\n                <div class=\"wdt-table-loader-cell wdt-animated-background\"><\/div>\n            <\/div>\n                    <div class=\"wdt-table-loader-row\">\n                <div class=\"wdt-table-loader-cell wdt-animated-background\"><\/div>\n                <div class=\"wdt-table-loader-cell wdt-animated-background\"><\/div>\n                <div class=\"wdt-table-loader-cell wdt-animated-background\"><\/div>\n            <\/div>\n                    <div class=\"wdt-table-loader-row\">\n                <div class=\"wdt-table-loader-cell wdt-animated-background\"><\/div>\n                <div class=\"wdt-table-loader-cell wdt-animated-background\"><\/div>\n                <div class=\"wdt-table-loader-cell wdt-animated-background\"><\/div>\n            <\/div>\n                    <div class=\"wdt-table-loader-row\">\n                <div class=\"wdt-table-loader-cell wdt-animated-background\"><\/div>\n                <div class=\"wdt-table-loader-cell wdt-animated-background\"><\/div>\n                <div class=\"wdt-table-loader-cell wdt-animated-background\"><\/div>\n            <\/div>\n                    <div class=\"wdt-table-loader-row\">\n                <div class=\"wdt-table-loader-cell wdt-animated-background\"><\/div>\n                <div class=\"wdt-table-loader-cell wdt-animated-background\"><\/div>\n                <div class=\"wdt-table-loader-cell wdt-animated-background\"><\/div>\n            <\/div>\n            <\/div>\n<\/div><!-- \/Table body -->\n                    <tr id=\"table_241_row_0\"\n            data-row-index=\"0\">\n                            <td style=\"\"><p><a href=\"https:\/\/www.anz.com.au\/content\/dam\/anzcomau\/about-us\/anz-climate-change-commitment-2023.pdf\" target=\"_blank\" rel=\"noopener\">ANZ<\/a><\/p><\/td>\n                            <td style=\"\"><a href=\"https:\/\/www.anz.com.au\/content\/dam\/anzcomau\/about-us\/anz-climate-change-commitment-2023.pdf\" rel=\"\" target=\"_self\">https:\/\/www.anz.com.au\/content\/dam\/anzcomau\/about-us\/anz-climate-change-commitment-2023.pdf<\/a><\/td>\n                            <td style=\"\">80<\/td>\n                            <td style=\"\">\"Our exposure to thermal coal will continue to decline in line with our existing commitments, which includes no longer onboarding any new business customers with material thermal coal exposures, or directly financing new thermal coal mines or power plants\" <\/td>\n                            <td style=\"\">\"We acknowledge oil and gas are still needed as we transition, especially gas as \u2018firming\u2019 for renewable energy and in industrial uses. We will continue to assess the role of oil and gas within the context of the broader energy market, public <br>policy developments and stakeholder and shareholder <br>expectations.\"<\/td>\n                            <td style=\"\">Policy rules out project finance for new thermal coal projects but not corporate finance for companies developing them. <br><br>Policy does not rule out project finance for new metallurgical coal mines, or corporate finance for the companies developing them. <br><br>ANZ\u2019s policy does not rule out providing  project finance for new oil and gas fields, and associated infrastructure like pipelines and LNG projects. <br><br>ANZ\u2019s policy does not rule out providing corporate finance to companies developing new oil and gas fields, and associated infrastructure that unlocks them like pipelines and LNG projects.<\/td>\n                    <\/tr>\n                            <tr id=\"table_241_row_1\"\n            data-row-index=\"1\">\n                            <td style=\"\"><p><a href=\"https:\/\/www.commbank.com.au\/content\/dam\/commbank\/about-us\/download-printed-forms\/environment-and-social-framework.pdf\" target=\"_blank\" rel=\"noopener\">Commonwealth Bank<\/a><\/p><\/td>\n                            <td style=\"\"><a href=\"https:\/\/www.commbank.com.au\/content\/dam\/commbank\/about-us\/download-printed-forms\/environment-and-social-framework.pdf\" rel=\"\" target=\"_self\">https:\/\/www.commbank.com.au\/content\/dam\/commbank\/about-us\/download-printed-forms\/environment-and-social-framework.pdf<\/a><\/td>\n                            <td style=\"\">82<\/td>\n                            <td style=\"\">\"provide no project finance to new or expanded Thermal Coal Mines, nor to new coal-fired power plants\"<br><br>\"reduce our existing project finance exposure to Thermal Coal Mines and coal-fired power plants to zero by 2030\"<br><br>\"reduce our corporate and trade finance exposure to existing Clients who derive 25% or more of their revenue from the sale of thermal coal to zero by 2030.\"<br><br>\"only offer corporate or trade finance to existing oil and\/or gas producing, metallurgical coal mining or coal-fired power generation Clients after an assessment of the environmental,<br>social and economic impacts. From 2025, we will expect these Clients to have published Transition Plans.\"<br><br>\"only provide project finance for new or expanded oil or gas projects after an assessment of the environmental, social  and economic impacts of such activity, and if in line with the goals of the Paris Agreement\"<br><br><\/td>\n                            <td style=\"\">\"only provide project finance for new or expanded oil or gas projects after an assessment of the environmental, social  and economic impacts of such activity, and if in line with the goals of the Paris Agreement\"<br><\/td>\n                            <td style=\"\">Commonwealth Bank\u2019s policy does not rule out providing corporate finance to companies developing new thermal coal projects.<br><br>Commonwealth Bank\u2019s policy does not rule out project finance for new metallurgical coal mines, or corporate finance for the companies developing them.<br><br>Commonwealth Bank\u2019s policy does not rule out providing corporate finance to companies developing new oil and gas fields, and associated infrastructure that unlocks them like pipelines and LNG projects. <\/td>\n                    <\/tr>\n                            <tr id=\"table_241_row_2\"\n            data-row-index=\"2\">\n                            <td style=\"\"><p><a href=\"https:\/\/www.nab.com.au\/content\/dam\/nab\/documents\/reports\/corporate\/2022-climate-report.pdf\" target=\"_blank\" rel=\"noopener\">NAB<\/a><\/p><\/td>\n                            <td style=\"\"><a href=\"https:\/\/www.nab.com.au\/content\/dam\/nab\/documents\/reports\/corporate\/2022-climate-report.pdf\" rel=\"\" target=\"_self\">https:\/\/www.nab.com.au\/content\/dam\/nab\/documents\/reports\/corporate\/2022-climate-report.pdf<\/a><\/td>\n                            <td style=\"\">84<\/td>\n                            <td style=\"\">\u201cNAB will not finance new thermal coal mining projects or take on new-to-bank thermal coal mining customers\u201d<br><br>\u201cNAB recognises that currently there are no readily available substitutes for the use of metallurgical coal in steel<br>production. NAB will continue providing finance to its customers in this segment, subject to enhanced due diligence which further considers underlying environmental, social and governance risks.\"<br><br>\u201cNAB will not finance new or material expansions of coal-fired power generation facilities.\u201d<br><\/td>\n                            <td style=\"\">\u201cNAB will not directly finance greenfield oil extraction projects or onboard new customers with a predominant focus on oil extraction.\"<br><br>\"NAB will only consider directly financing greenfield gas extraction in Australia where it plays a role in underpinning national energy security.\"<br><br>\"NAB will not directly finance greenfield gas extraction projects <br>outside Australia.\u201d<\/td>\n                            <td style=\"\">NAB\u2019s policy does not rule out providing corporate finance to companies developing new thermal coal projects.<br><br>NAB\u2019s policy does not rule out project finance for new metallurgical coal mines, or corporate finance for the companies developing them.<br><br>NAB\u2019s policy does not rule out providing corporate finance to companies developing new oil and gas fields, and associated <br>infrastructure that unlocks them like pipelines and LNG projects.<\/td>\n                    <\/tr>\n                            <tr id=\"table_241_row_3\"\n            data-row-index=\"3\">\n                            <td style=\"\"><p><a href=\"https:\/\/www.westpac.com.au\/content\/dam\/public\/wbc\/documents\/pdf\/aw\/ic\/Net_Zero_2030_Targets_and_Financed_Emissions_our_methodology_and_approach.pdf\" target=\"_blank\" rel=\"noopener\">Westpac<\/a><\/p><\/td>\n                            <td style=\"\"><a href=\"https:\/\/www.westpac.com.au\/content\/dam\/public\/wbc\/documents\/pdf\/aw\/ic\/Net_Zero_2030_Targets_and_Financed_Emissions_our_methodology_and_approach.pdf\" rel=\"\" target=\"_self\">https:\/\/www.westpac.com.au\/content\/dam\/public\/wbc\/documents\/pdf\/aw\/ic\/Net_Zero_2030_Targets_and_Financed_Emissions_our_methodology_and_approach.pdf<\/a><\/td>\n                            <td style=\"\">85<\/td>\n                            <td style=\"\">\u201cZero lending exposure to companies with &gt;5% of their revenue coming directly from thermal coal mining by 2030. We updated our thermal coal mining definition to align with the NZBA guidelines on the required scope of target setting for thermal coal mining.\u201d<\/td>\n                            <td style=\"\">\u201cWe will only consider directly financing greenfield oil and gas <br>projects that are in accordance with the International Energy Agency Net Zero by 2050 (IEA NZE) scenario or where necessary for national energy security.\u201d<\/td>\n                            <td style=\"\">Westpac\u2019s 2021 Sustainability Supplement stated, \u201cWe will limit support for thermal coal mines or projects to existing basins.\u201d The latest policy update does not mention this, but Westpac says its latest position statement sets a higher bar than its previous approach.<br><br>Westpac\u2019s policy effectively rules out project finance for new thermal coal projects but not corporate finance for companies developing them. <br><br>Westpac\u2019s policy does not rule out project finance for new metallurgical coal mines, or corporate finance for the companies developing them.<br><br>Westpac\u2019s policy does not rule out providing corporate finance to companies developing new oil and gas fields, and associated infrastructure that unlocks them like pipelines and LNG projects. <br><\/td>\n                    <\/tr>\n            <\/tbody>        <!-- \/Table body -->\n\n        <!-- Table footer -->\n        \n        <!-- \/Table footer -->\n    <\/table>\n\n<\/div><style>\ntable.wpDataTable { table-layout: fixed !important; }\ntable.wpDataTable td, table.wpDataTable th { white-space: normal !important; }\nbutton.button.btn.wdt-clear-filters-button {\n\tbackground: #ffffff;\n\tborder-style: solid;\n\tborder-width: 2px;\n\tborder-color: #903e4c;\n\ttext-shadow: 0px 0px;\n}\n\ndiv.wpDataTables.wpDataTablesFilter.wpDataTablesWrapper.data-t {\n\tmargin-bottom: 0px;\n}\n\ndiv.wpDataTableFilterSection {\n\tmargin-bottom: 0px !important;\n}table.wpDataTable td.numdata { text-align: right !important; }\n<\/style>\n<style>\n            \/* th background color *\/\n    .wpdt-c.wpDataTablesWrapper table.wpdtSimpleTable.bt[data-has-header='1'] td.wpdt-header-classes,\n    .wpdt-c.wpDataTablesWrapper table.wpdtSimpleTable thead th,\n    .wpdt-c .wpDataTablesWrapper table.wpDataTable thead th,\n    .wpdt-c .wpDataTablesWrapper table.wpDataTable thead th.sorting {\n        background-color: #F06400 !important;\n        background-image: none !important;\n    }\n\n                \/* th font color *\/\n    .wpdt-c.wpDataTablesWrapper table.wpdtSimpleTable.bt[data-has-header='1'] td.wpdt-header-classes,\n    .wpdt-c.wpDataTablesWrapper table.wpdtSimpleTable thead th,\n    .wpdt-c .wpDataTablesWrapper table.wpDataTable thead th {\n        color: #ffffff !important;\n    }\n\n    .wpdt-c .wpDataTablesWrapper table.wpDataTable thead th.sorting:after,\n    .wpdt-c .wpDataTablesWrapper table.wpDataTable thead th.sorting_asc:after {\n        border-bottom-color: #ffffff !important;\n    }\n\n    .wpdt-c .wpDataTablesWrapper table.wpDataTable thead th.sorting_desc:after {\n        border-top-color: #ffffff !important;\n    }\n\n        \n                                                                                            \/* table font size *\/\n    .wpdt-c.wpDataTablesWrapper table.wpdtSimpleTable,\n    .wpdt-c .wpDataTablesWrapper table.wpDataTable {\n        font-size: 14px !important;\n    }\n\n            \n                <\/style>\n<style>\n<\/style>\n<style>\n                            \n                                        \n                    \n<\/style>\n\n<p>[\/et_pb_toggle][\/et_pb_column][\/et_pb_row][et_pb_row _builder_version=&#8221;4.20.2&#8243; _module_preset=&#8221;default&#8221; max_width=&#8221;756px&#8221; custom_padding=&#8221;||||false|false&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.20.2&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_text module_class=&#8221;toc-item&#8221; _builder_version=&#8221;4.20.2&#8243; _module_preset=&#8221;default&#8221; header_text_color=&#8221;#131313&#8243; header_2_font=&#8221;Inter|800|||||||&#8221; header_2_text_color=&#8221;#131313&#8243; header_3_font=&#8221;Inter|800|||||||&#8221; header_3_text_color=&#8221;#131313&#8243; header_3_font_size=&#8221;36px&#8221; header_3_line_height=&#8221;1.2em&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<h3>Climate impacts off the books<\/h3>\n<p>[\/et_pb_text][et_pb_text _builder_version=&#8221;4.20.2&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p>The banks have also adopted \u2018financed emissions\u2019 reduction targets for the coal, oil and gas <br \/>sectors. \u2018Financed emissions\u2019 are those attributable to a bank&#8217;s lending portfolio, for example <br \/>the emissions of a coal power station while a bank has an active loan to that power station, <br \/>proportional to the amount of finance that bank has contributed to the loan.<\/p>\n<p>However, the banks can meet these targets by simply ensuring some loans have been repaid <br \/>by their target date (2030), meaning their financed emissions targets do nothing to stop <br \/>lending to new fossil fuel projects and the companies building them today. If built, these new <br \/>and expanded projects would lock in decades of \u2018real-world\u2019 emissions, regardless of whether the bank has an active loan in 2030 or not.<\/p>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row _builder_version=&#8221;4.20.2&#8243; _module_preset=&#8221;default&#8221; max_width=&#8221;756px&#8221; custom_padding=&#8221;0px|||||&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.20.2&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_text _builder_version=&#8221;4.20.2&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p><strong>Total corporate and project lending (2016 &#8211; 2022)<\/strong><\/p>\n<p>[\/et_pb_text][et_pb_code _builder_version=&#8221;4.20.2&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;]\n<div class=\"wpdt-c wdt-skin-material\">\n    \n    <input type=\"hidden\" id=\"wdtNonceFrontendServerSide_273\" name=\"wdtNonceFrontendServerSide_273\" value=\"5b1bd8d494\" \/><input type=\"hidden\" name=\"_wp_http_referer\" value=\"\/wp-json\/wp\/v2\/pages\/69731\" \/><input type=\"hidden\" id=\"wdtFrontendelementorNonce_273\" name=\"wdtFrontendelementorNonce_273\" value=\"b6f447982e\" \/>    <input type=\"hidden\" id=\"table_5_desc\"\n           value='{\"tableId\":\"table_5\",\"tableType\":\"manual\",\"selector\":\"#table_5\",\"responsive\":false,\"responsiveAction\":\"icon\",\"editable\":false,\"inlineEditing\":false,\"infoBlock\":false,\"pagination_top\":0,\"pagination\":0,\"paginationAlign\":\"right\",\"paginationLayout\":\"full_numbers\",\"paginationLayoutMobile\":\"simple\",\"file_location\":\"\",\"tableSkin\":\"material\",\"table_wcag\":0,\"simple_template_id\":0,\"scrollable\":false,\"fixedLayout\":true,\"globalSearch\":false,\"showRowsPerPage\":false,\"popoverTools\":false,\"loader\":\"1\",\"showCartInformation\":1,\"hideBeforeLoad\":false,\"number_format\":2,\"decimalPlaces\":2,\"spinnerSrc\":\"https:\\\/\\\/www.marketforces.org.au\\\/wp-content\\\/plugins\\\/wpdatatables\\\/assets\\\/\\\/img\\\/spinner.gif\",\"index_column\":0,\"groupingEnabled\":false,\"tableWpId\":273,\"dataTableParams\":{\"sDom\":\"BT\\u003C\\u0027clear\\u0027\\u003Et\",\"bSortCellsTop\":false,\"bFilter\":true,\"aLengthMenu\":[[1,5,10,25,50,100,-1],[1,5,10,25,50,100,\"All\"]],\"iDisplayLength\":10,\"columnDefs\":[{\"sType\":\"formatted-num\",\"wdtType\":\"int\",\"bVisible\":false,\"orderable\":true,\"searchable\":true,\"InputType\":\"text\",\"name\":\"wdt_ID\",\"origHeader\":\"wdt_ID\",\"notNull\":false,\"conditionalFormattingRules\":[],\"transformValueRules\":\"\",\"className\":\"numdata integer  column-wdt_id\",\"aTargets\":[0]},{\"sType\":\"string\",\"wdtType\":\"string\",\"bVisible\":true,\"orderable\":true,\"searchable\":true,\"InputType\":\"text\",\"name\":\"bank\",\"origHeader\":\"bank\",\"notNull\":false,\"conditionalFormattingRules\":[{\"ifClause\":\"eq\",\"cellVal\":\"Total\",\"action\":\"setRowColor\",\"setVal\":\"#EDEDED\"},{\"ifClause\":\"eq\",\"cellVal\":\"Percentage\",\"action\":\"setRowColor\",\"setVal\":\"#EDEDED\"}],\"transformValueRules\":\"\",\"className\":\" column-bank\",\"aTargets\":[1]},{\"sType\":\"string\",\"wdtType\":\"string\",\"bVisible\":true,\"orderable\":true,\"searchable\":true,\"InputType\":\"text\",\"name\":\"corporate\",\"origHeader\":\"corporate\",\"notNull\":false,\"conditionalFormattingRules\":[],\"transformValueRules\":\"\",\"className\":\" column-corporate\",\"aTargets\":[2]},{\"sType\":\"string\",\"wdtType\":\"string\",\"bVisible\":true,\"orderable\":true,\"searchable\":true,\"InputType\":\"text\",\"name\":\"project\",\"origHeader\":\"project\",\"notNull\":false,\"conditionalFormattingRules\":[],\"transformValueRules\":\"\",\"className\":\" column-project\",\"aTargets\":[3]}],\"bAutoWidth\":false,\"order\":[[0,\"asc\"]],\"ordering\":true,\"fixedHeader\":{\"header\":false,\"headerOffset\":0},\"fixedColumns\":false,\"oLanguage\":{\"sSearchPlaceholder\":\"\"},\"buttons\":[],\"bProcessing\":false,\"serverSide\":true,\"ajax\":{\"url\":\"https:\\\/\\\/www.marketforces.org.au\\\/wp-admin\\\/admin-ajax.php?action=get_wdtable&table_id=273\",\"type\":\"POST\"},\"oSearch\":{\"bSmart\":false,\"bRegex\":false,\"sSearch\":\"\"}},\"customRowDisplay\":\"\",\"tabletWidth\":\"1024\",\"mobileWidth\":\"480\",\"renderFilter\":\"footer\",\"advancedFilterEnabled\":false,\"serverSide\":true,\"autoRefreshInterval\":0,\"processing\":true,\"fnServerData\":true,\"columnsFixed\":0,\"sumFunctionsLabel\":\"\",\"avgFunctionsLabel\":\"\",\"minFunctionsLabel\":\"\",\"maxFunctionsLabel\":\"munira.chowdhury@marketforces.org.au\",\"columnsDecimalPlaces\":{\"wdt_ID\":-1,\"bank\":-1,\"corporate\":-1,\"project\":-1},\"columnsThousandsSeparator\":{\"wdt_ID\":0},\"sumColumns\":[],\"avgColumns\":[],\"sumAvgColumns\":[],\"conditional_formatting_columns\":[\"bank\"],\"timeFormat\":\"h:i A\",\"datepickFormat\":\"dd\\\/mm\\\/yy\"}'\/>\n\n    <table id=\"table_5\"\n           class=\"   display nowrap wdt-no-display data-t data-t wpDataTable wpDataTableID-273 \"\n           style=\"\"\n           data-described-by='table_5_desc'\n           data-wpdatatable_id=\"273\">\n        \n        <!-- Table header -->\n        \n<thead>\n<tr>\n                    <th\n                        class=\" wdtheader sort numdata integer \"\n        style=\"\">        wdt_ID<\/th>        <th\n        data-class=\"expand\"                class=\" wdtheader sort \"\n        style=\"\">        Bank<\/th>        <th\n                        class=\" wdtheader sort \"\n        style=\"\">        Corporate<\/th>        <th\n                        class=\" wdtheader sort \"\n        style=\"\">        Project<\/th>    <\/tr>\n<\/thead>\n        <!-- \/Table header -->\n\n        <!-- Table body -->\n        \n<tbody>\n<!-- Table body -->\n<div data-id=\"273\"\n     class=\"wdt-timeline-item wdt-timeline-table_5\"\n     style=\"\">\n    <div class=\"wdt-table-loader\">\n        <div class=\"wdt-table-loader-row wdt-table-loader-header\">\n            <div class=\"wdt-table-loader-header-cell wdt-animated-background\"><\/div>\n            <div class=\"wdt-table-loader-header-cell wdt-animated-background\"><\/div>\n            <div class=\"wdt-table-loader-header-cell wdt-animated-background\"><\/div>\n        <\/div>\n                    <div class=\"wdt-table-loader-row\">\n                <div class=\"wdt-table-loader-cell wdt-animated-background\"><\/div>\n                <div class=\"wdt-table-loader-cell wdt-animated-background\"><\/div>\n                <div class=\"wdt-table-loader-cell wdt-animated-background\"><\/div>\n            <\/div>\n                    <div class=\"wdt-table-loader-row\">\n                <div class=\"wdt-table-loader-cell wdt-animated-background\"><\/div>\n                <div class=\"wdt-table-loader-cell wdt-animated-background\"><\/div>\n                <div class=\"wdt-table-loader-cell wdt-animated-background\"><\/div>\n            <\/div>\n                    <div class=\"wdt-table-loader-row\">\n                <div class=\"wdt-table-loader-cell wdt-animated-background\"><\/div>\n                <div class=\"wdt-table-loader-cell wdt-animated-background\"><\/div>\n                <div class=\"wdt-table-loader-cell wdt-animated-background\"><\/div>\n            <\/div>\n                    <div class=\"wdt-table-loader-row\">\n                <div class=\"wdt-table-loader-cell wdt-animated-background\"><\/div>\n                <div class=\"wdt-table-loader-cell wdt-animated-background\"><\/div>\n                <div class=\"wdt-table-loader-cell wdt-animated-background\"><\/div>\n            <\/div>\n                    <div class=\"wdt-table-loader-row\">\n                <div class=\"wdt-table-loader-cell wdt-animated-background\"><\/div>\n                <div class=\"wdt-table-loader-cell wdt-animated-background\"><\/div>\n                <div class=\"wdt-table-loader-cell wdt-animated-background\"><\/div>\n            <\/div>\n                    <div class=\"wdt-table-loader-row\">\n                <div class=\"wdt-table-loader-cell wdt-animated-background\"><\/div>\n                <div class=\"wdt-table-loader-cell wdt-animated-background\"><\/div>\n                <div class=\"wdt-table-loader-cell wdt-animated-background\"><\/div>\n            <\/div>\n                    <div class=\"wdt-table-loader-row\">\n                <div class=\"wdt-table-loader-cell wdt-animated-background\"><\/div>\n                <div class=\"wdt-table-loader-cell wdt-animated-background\"><\/div>\n                <div class=\"wdt-table-loader-cell wdt-animated-background\"><\/div>\n            <\/div>\n            <\/div>\n<\/div><!-- \/Table body -->\n                    <tr id=\"table_273_row_0\"\n            data-row-index=\"0\">\n                            <td style=\"\">1<\/td>\n                            <td style=\"\">ANZ<\/td>\n                            <td style=\"\">$13.4bn<\/td>\n                            <td style=\"\">$5.3bn<\/td>\n                    <\/tr>\n                            <tr id=\"table_273_row_1\"\n            data-row-index=\"1\">\n                            <td style=\"\">2<\/td>\n                            <td style=\"\">Commonwealth Bank<\/td>\n                            <td style=\"\">$10.9bn<\/td>\n                            <td style=\"\">$4.9bn<\/td>\n                    <\/tr>\n                            <tr id=\"table_273_row_2\"\n            data-row-index=\"2\">\n                            <td style=\"\">3<\/td>\n                            <td style=\"\">NAB<\/td>\n                            <td style=\"\">$8.8bn<\/td>\n                            <td style=\"\">$5.3bn<\/td>\n                    <\/tr>\n                            <tr id=\"table_273_row_3\"\n            data-row-index=\"3\">\n                            <td style=\"\">4<\/td>\n                            <td style=\"\">Westpac<\/td>\n                            <td style=\"\">$6.6bn<\/td>\n                            <td style=\"\">$2.5bn<\/td>\n                    <\/tr>\n                            <tr id=\"table_273_row_4\"\n            data-row-index=\"4\">\n                            <td style=\"\">5<\/td>\n                            <td style=\"\">Total<\/td>\n                            <td style=\"\">$39.6bn<\/td>\n                            <td style=\"\">$17.9bn<\/td>\n                    <\/tr>\n                            <tr id=\"table_273_row_5\"\n            data-row-index=\"5\">\n                            <td style=\"\">6<\/td>\n                            <td style=\"\">Percentage<\/td>\n                            <td style=\"\">69%<\/td>\n                            <td style=\"\">31%<\/td>\n                    <\/tr>\n            <\/tbody>        <!-- \/Table body -->\n\n        <!-- Table footer -->\n        \n        <!-- \/Table footer -->\n    <\/table>\n\n<\/div><style>\ntable.wpDataTable { table-layout: fixed !important; }\nbutton.button.btn.wdt-clear-filters-button {\n\tbackground: #ffffff;\n\tborder-style: solid;\n\tborder-width: 2px;\n\tborder-color: #903e4c;\n\ttext-shadow: 0px 0px;\n}\n\ndiv.wpDataTables.wpDataTablesFilter.wpDataTablesWrapper.data-t {\n\tmargin-bottom: 0px;\n}\n\ndiv.wpDataTableFilterSection {\n\tmargin-bottom: 0px !important;\n}table.wpDataTable td.numdata { text-align: right !important; }\n<\/style>\n<style>\n            \/* th background color *\/\n    .wpdt-c.wpDataTablesWrapper table.wpdtSimpleTable.bt[data-has-header='1'] td.wpdt-header-classes,\n    .wpdt-c.wpDataTablesWrapper table.wpdtSimpleTable thead th,\n    .wpdt-c .wpDataTablesWrapper table.wpDataTable thead th,\n    .wpdt-c .wpDataTablesWrapper table.wpDataTable thead th.sorting {\n        background-color: #F06400 !important;\n        background-image: none !important;\n    }\n\n                \/* th font color *\/\n    .wpdt-c.wpDataTablesWrapper table.wpdtSimpleTable.bt[data-has-header='1'] td.wpdt-header-classes,\n    .wpdt-c.wpDataTablesWrapper table.wpdtSimpleTable thead th,\n    .wpdt-c .wpDataTablesWrapper table.wpDataTable thead th {\n        color: #ffffff !important;\n    }\n\n    .wpdt-c .wpDataTablesWrapper table.wpDataTable thead th.sorting:after,\n    .wpdt-c .wpDataTablesWrapper table.wpDataTable thead th.sorting_asc:after {\n        border-bottom-color: #ffffff !important;\n    }\n\n    .wpdt-c .wpDataTablesWrapper table.wpDataTable thead th.sorting_desc:after {\n        border-top-color: #ffffff !important;\n    }\n\n        \n                                                                                            \/* table font size *\/\n    .wpdt-c.wpDataTablesWrapper table.wpdtSimpleTable,\n    .wpdt-c .wpDataTablesWrapper table.wpDataTable {\n        font-size: 14px !important;\n    }\n\n            \n                <\/style>\n<style>\n<\/style>\n<style>\n                            \n                                        \n                    \n<\/style>\n[\/et_pb_code][\/et_pb_column][\/et_pb_row][et_pb_row _builder_version=&#8221;4.20.2&#8243; _module_preset=&#8221;default&#8221; max_width=&#8221;756px&#8221; custom_padding=&#8221;0px|||||&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.20.2&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_code _builder_version=&#8221;4.20.2&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;]\n<div class=\"wdt-wrapper-chart-loader\" data-id=\"80\"\n     style=\"height: 480px;\">\n    <div class=\"wdt-main-item\">\n                <div class=\"wdt-chart-animated-background\" style=\"height: 120px\">\n            <div class=\"wdt-background-masker wdt-btn-divide-left wdt-chart-one\"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-2\"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-3\"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-4 wdt-chart-three\"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-5\"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-6\"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-7 \"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-8\"><\/div>\n        <\/div>\n        <div class=\"wdt-chart-animated-background\" style=\"height: 120px\">\n            <div class=\"wdt-background-masker wdt-btn-divide-left\"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-2 wdt-chart-two\"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-3\"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-4\"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-5 wdt-chart-four\"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-6\"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-7\"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-8\"><\/div>\n        <\/div>\n        <div class=\"wdt-chart-animated-background\" style=\"height: 120px\">\n            <div class=\"wdt-background-masker wdt-btn-divide-left\"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-2\"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-3\"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-4\"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-5\"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-6 wdt-chart-five\"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-7\"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-8\"><\/div>\n        <\/div>\n        <div class=\"wdt-chart-animated-background\" style=\"height: 120px\">\n            <div class=\"wdt-background-masker wdt-btn-divide-left\"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-2\"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-3\"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-4\"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-5\"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-6\"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-7\"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-8\"><\/div>\n        <\/div>\n        <div class=\"wdt-static-background\">\n            <div class=\"wdt-background-masker\"><\/div>\n        <\/div>\n    <\/div>\n<\/div>\n<style>\n    \n<\/style>    <script type=\"text\/javascript\">\n        if (typeof (wpDataCharts) == 'undefined') wpDataCharts = {};\n        wpDataCharts[80] = {\n            render_data: {\"wdtNumberFormat\":\"2\",\"options\":{\"title\":{\"text\":\"\",\"floating\":false,\"align\":\"center\"},\"series\":[{\"type\":\"\",\"name\":\"Corporate\",\"color\":\"#433244\",\"label\":\"Corporate\",\"orig_header\":\"anz\",\"data\":[13.4,6.6,8.8,10.9]},{\"type\":\"\",\"name\":\"Project\",\"color\":\"#903E4C\",\"label\":\"Project\",\"orig_header\":\"commbank\",\"data\":[5.3,2.5,5.3,4.9]}],\"xAxis\":{\"categories\":[\"ANZ\",\"Westpac\",\"NAB\",\"Commonwealth Bank\"],\"crosshair\":false},\"chart\":{\"backgroundColor\":\"\",\"borderWidth\":0,\"borderColor\":\"\",\"borderRadius\":0,\"zoomType\":\"none\",\"panning\":false,\"panKey\":\"shift\",\"plotBackgroundColor\":\"\",\"plotBackgroundImage\":\"\",\"plotBorderColor\":\"\",\"plotBorderWidth\":0,\"inverted\":false},\"yAxis\":{\"gridLineDashStyle\":\"solid\",\"title\":{\"text\":\"Amount (AU$bn)\"},\"crosshair\":false},\"subtitle\":{\"text\":\"\",\"align\":\"center\"},\"tooltip\":{\"enabled\":true,\"backgroundColor\":\"rgba(255,255,255,0.85)\",\"borderWidth\":\"1\",\"borderColor\":\"\",\"borderRadius\":3,\"shared\":false,\"valuePrefix\":\"$\",\"valueSuffix\":\"bn\"},\"legend\":{\"enabled\":true,\"backgroundColor\":\"\",\"title\":{\"text\":\"\"},\"layout\":\"horizontal\",\"align\":\"center\",\"verticalAlign\":\"bottom\",\"borderWidth\":\"0\",\"borderColor\":\"\",\"borderRadius\":\"0\"},\"exporting\":{\"enabled\":false,\"chartOptions\":{\"plotOptions\":{\"series\":{\"dataLabels\":{\"enabled\":false}}}},\"filename\":\"\",\"width\":\"\",\"buttons\":{\"contextButton\":{\"align\":\"right\",\"verticalAlign\":\"top\",\"symbolStroke\":\"#666\",\"text\":\"\"}}},\"credits\":{\"enabled\":false,\"href\":\"http:\\\/\\\/www.highcharts.com\",\"text\":\"Highcharts.com\"}},\"type\":\"highcharts_stacked_column_chart\",\"height\":480},\n            engine: \"highcharts\",\n            type: \"highcharts_stacked_column_chart\",\n            title: \"Big four Australian banks - Corporate vs project finance - 2016-2022 - Banking Climate Failure 2023\",\n            container: \"wpDataChart_80\",\n            follow_filtering: 0,\n            wpdatatable_id: 262,\n            group_chart: 0        }\n    <\/script>\n\n    <div id=\"wpDataChart_80\" class=\"highcharts_stacked_column_chart\" style=\"width: 100%\"><\/div>\n[\/et_pb_code][\/et_pb_column][\/et_pb_row][et_pb_row _builder_version=&#8221;4.20.2&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.20.2&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_toggle title=&#8221;Banks corporate finance policies&#8221; _builder_version=&#8221;4.20.2&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n\n<div class=\"wpdt-c wdt-skin-material\">\n    \n    <input type=\"hidden\" id=\"wdtNonceFrontendServerSide_263\" name=\"wdtNonceFrontendServerSide_263\" value=\"63eed33d90\" \/><input type=\"hidden\" name=\"_wp_http_referer\" value=\"\/wp-json\/wp\/v2\/pages\/69731\" \/><input type=\"hidden\" id=\"wdtFrontendelementorNonce_263\" name=\"wdtFrontendelementorNonce_263\" value=\"f717a1010c\" \/>    <input type=\"hidden\" id=\"table_7_desc\"\n           value='{\"tableId\":\"table_7\",\"tableType\":\"manual\",\"selector\":\"#table_7\",\"responsive\":true,\"responsiveAction\":\"icon\",\"editable\":false,\"inlineEditing\":false,\"infoBlock\":false,\"pagination_top\":0,\"pagination\":0,\"paginationAlign\":\"right\",\"paginationLayout\":\"full_numbers\",\"paginationLayoutMobile\":\"simple\",\"file_location\":\"\",\"tableSkin\":\"material\",\"table_wcag\":0,\"simple_template_id\":0,\"scrollable\":false,\"fixedLayout\":true,\"globalSearch\":true,\"showRowsPerPage\":false,\"popoverTools\":false,\"loader\":\"1\",\"showCartInformation\":1,\"hideBeforeLoad\":false,\"number_format\":2,\"decimalPlaces\":2,\"spinnerSrc\":\"https:\\\/\\\/www.marketforces.org.au\\\/wp-content\\\/plugins\\\/wpdatatables\\\/assets\\\/\\\/img\\\/spinner.gif\",\"index_column\":0,\"groupingEnabled\":false,\"tableWpId\":263,\"dataTableParams\":{\"sDom\":\"BT\\u003C\\u0027clear\\u0027\\u003Eft\",\"bSortCellsTop\":false,\"bFilter\":true,\"aLengthMenu\":[[1,5,10,25,50,100,-1],[1,5,10,25,50,100,\"All\"]],\"iDisplayLength\":-1,\"columnDefs\":[{\"sType\":\"string\",\"wdtType\":\"string\",\"bVisible\":true,\"orderable\":true,\"searchable\":true,\"InputType\":\"mce-editor\",\"name\":\"bank1\",\"origHeader\":\"bank1\",\"notNull\":false,\"conditionalFormattingRules\":[],\"transformValueRules\":\"\",\"className\":\" column-bank1\",\"aTargets\":[0]},{\"sType\":\"string\",\"wdtType\":\"link\",\"bVisible\":false,\"orderable\":true,\"searchable\":true,\"InputType\":\"link\",\"name\":\"bank\",\"origHeader\":\"bank\",\"notNull\":false,\"conditionalFormattingRules\":[],\"transformValueRules\":\"\",\"className\":\" column-bank\",\"aTargets\":[1]},{\"sType\":\"formatted-num\",\"wdtType\":\"int\",\"bVisible\":false,\"orderable\":true,\"searchable\":true,\"InputType\":\"text\",\"name\":\"wdt_ID\",\"origHeader\":\"wdt_ID\",\"notNull\":false,\"conditionalFormattingRules\":[],\"transformValueRules\":\"\",\"className\":\"numdata integer  column-wdt_id\",\"aTargets\":[2]},{\"sType\":\"string\",\"wdtType\":\"string\",\"bVisible\":true,\"orderable\":true,\"searchable\":true,\"InputType\":\"textarea\",\"name\":\"policies\",\"origHeader\":\"policies\",\"notNull\":false,\"conditionalFormattingRules\":[],\"transformValueRules\":\"\",\"className\":\" column-policies\",\"aTargets\":[3]},{\"sType\":\"string\",\"wdtType\":\"string\",\"bVisible\":true,\"orderable\":true,\"searchable\":true,\"InputType\":\"textarea\",\"name\":\"assessment\",\"origHeader\":\"assessment\",\"notNull\":false,\"conditionalFormattingRules\":[],\"transformValueRules\":\"\",\"className\":\" column-assessment\",\"aTargets\":[4]}],\"bAutoWidth\":false,\"order\":[[0,\"asc\"]],\"ordering\":true,\"fixedHeader\":{\"header\":false,\"headerOffset\":0},\"fixedColumns\":false,\"oLanguage\":{\"sSearchPlaceholder\":\"\"},\"buttons\":[],\"bProcessing\":false,\"serverSide\":true,\"ajax\":{\"url\":\"https:\\\/\\\/www.marketforces.org.au\\\/wp-admin\\\/admin-ajax.php?action=get_wdtable&table_id=263\",\"type\":\"POST\"},\"oSearch\":{\"bSmart\":false,\"bRegex\":false,\"sSearch\":\"\"}},\"customRowDisplay\":\"\",\"tabletWidth\":\"1024\",\"mobileWidth\":\"480\",\"renderFilter\":\"footer\",\"advancedFilterEnabled\":false,\"serverSide\":true,\"autoRefreshInterval\":0,\"processing\":true,\"fnServerData\":true,\"columnsFixed\":0,\"sumFunctionsLabel\":\"\",\"avgFunctionsLabel\":\"\",\"minFunctionsLabel\":\"\",\"maxFunctionsLabel\":\"munira.chowdhury@marketforces.org.au\",\"columnsDecimalPlaces\":{\"bank1\":-1,\"bank\":-1,\"wdt_ID\":-1,\"policies\":-1,\"assessment\":-1},\"columnsThousandsSeparator\":{\"wdt_ID\":0},\"sumColumns\":[],\"avgColumns\":[],\"sumAvgColumns\":[],\"timeFormat\":\"h:i A\",\"datepickFormat\":\"dd\\\/mm\\\/yy\"}'\/>\n\n    <table id=\"table_7\"\n           class=\"  responsive display nowrap wdt-no-display data-t data-t wpDataTable wpDataTableID-263 \"\n           style=\"\"\n           data-described-by='table_7_desc'\n           data-wpdatatable_id=\"263\">\n        \n        <!-- Table header -->\n        \n<thead>\n<tr>\n                    <th\n        data-class=\"expand\"                class=\" wdtheader sort \"\n        style=\"\">        Bank<\/th>        <th\n                        class=\" wdtheader sort \"\n        style=\"\">        Link<\/th>        <th\n                        class=\" wdtheader sort numdata integer \"\n        style=\"\">        wdt_ID<\/th>        <th\n                data-hide=\"phone\"        class=\"phone wdtheader sort \"\n        style=\"\">        Corporate finance policy<\/th>        <th\n                data-hide=\"phone\"        class=\"phone wdtheader sort \"\n        style=\"\">        Companies with expansion plans the banks have loaned to (2021-2022)<\/th>    <\/tr>\n<\/thead>\n        <!-- \/Table header -->\n\n        <!-- Table body -->\n        \n<tbody>\n<!-- Table body -->\n<div data-id=\"263\"\n     class=\"wdt-timeline-item wdt-timeline-table_7\"\n     style=\"\">\n    <div class=\"wdt-table-loader\">\n        <div class=\"wdt-table-loader-row wdt-table-loader-header\">\n            <div class=\"wdt-table-loader-header-cell wdt-animated-background\"><\/div>\n            <div class=\"wdt-table-loader-header-cell wdt-animated-background\"><\/div>\n            <div class=\"wdt-table-loader-header-cell wdt-animated-background\"><\/div>\n        <\/div>\n                    <div class=\"wdt-table-loader-row\">\n                <div class=\"wdt-table-loader-cell wdt-animated-background\"><\/div>\n                <div class=\"wdt-table-loader-cell wdt-animated-background\"><\/div>\n                <div class=\"wdt-table-loader-cell wdt-animated-background\"><\/div>\n            <\/div>\n                    <div class=\"wdt-table-loader-row\">\n                <div class=\"wdt-table-loader-cell wdt-animated-background\"><\/div>\n                <div class=\"wdt-table-loader-cell wdt-animated-background\"><\/div>\n                <div class=\"wdt-table-loader-cell wdt-animated-background\"><\/div>\n            <\/div>\n                    <div class=\"wdt-table-loader-row\">\n                <div class=\"wdt-table-loader-cell wdt-animated-background\"><\/div>\n                <div class=\"wdt-table-loader-cell wdt-animated-background\"><\/div>\n                <div class=\"wdt-table-loader-cell wdt-animated-background\"><\/div>\n            <\/div>\n                    <div class=\"wdt-table-loader-row\">\n                <div class=\"wdt-table-loader-cell wdt-animated-background\"><\/div>\n                <div class=\"wdt-table-loader-cell wdt-animated-background\"><\/div>\n                <div class=\"wdt-table-loader-cell wdt-animated-background\"><\/div>\n            <\/div>\n                    <div class=\"wdt-table-loader-row\">\n                <div class=\"wdt-table-loader-cell wdt-animated-background\"><\/div>\n                <div class=\"wdt-table-loader-cell wdt-animated-background\"><\/div>\n                <div class=\"wdt-table-loader-cell wdt-animated-background\"><\/div>\n            <\/div>\n            <\/div>\n<\/div><!-- \/Table body -->\n                    <tr id=\"table_263_row_0\"\n            data-row-index=\"0\">\n                            <td style=\"\"><p><a href=\"https:\/\/www.anz.com.au\/content\/dam\/anzcomau\/about-us\/anz-climate-change-commitment-2023.pdf\" target=\"_blank\" rel=\"noopener\">ANZ<\/a><\/p><\/td>\n                            <td style=\"\"><a href=\"https:\/\/www.anz.com.au\/content\/dam\/anzcomau\/about-us\/anz-climate-change-commitment-2023.pdf\" rel=\"\" target=\"_self\">https:\/\/www.anz.com.au\/content\/dam\/anzcomau\/about-us\/anz-climate-change-commitment-2023.pdf<\/a><\/td>\n                            <td style=\"\">80<\/td>\n                            <td style=\"\">\"By 2025 we expect our existing energy customers to [e]stablish specific, time bound, public transition plans and diversification strategies\u201d<br><br>\u201cOur exposure to thermal coal will continue to decline in line with our existing commitments, which includes no longer onboarding any new business customers with material thermal coal exposures\u201d<br><br>\u201cWe may decline lending to projects and customers \u2013 new or existing \u2013 that do not meet our expectations.\u201d<br><\/td>\n                            <td style=\"\">Woodside<br>Santos <br>Global Infrastructure Partners<br>Glencore<br>Medco Energi Internasional <br>CLP Group <br>China Gas<br>Siemens Gas &amp; Power <br>Alinta Energy<br>United Tractors <br>Beach Energy<br>Viva Energy <br>Cooper Energy <\/td>\n                    <\/tr>\n                            <tr id=\"table_263_row_1\"\n            data-row-index=\"1\">\n                            <td style=\"\"><p><a href=\"https:\/\/www.commbank.com.au\/content\/dam\/commbank\/about-us\/download-printed-forms\/environment-and-social-framework.pdf\" target=\"_blank\" rel=\"noopener\">Commonwealth Bank<\/a><\/p><\/td>\n                            <td style=\"\"><a href=\"https:\/\/www.commbank.com.au\/content\/dam\/commbank\/about-us\/download-printed-forms\/environment-and-social-framework.pdf\" rel=\"\" target=\"_self\">https:\/\/www.commbank.com.au\/content\/dam\/commbank\/about-us\/download-printed-forms\/environment-and-social-framework.pdf<\/a><\/td>\n                            <td style=\"\">82<\/td>\n                            <td style=\"\">\"Only offer corporate or trade finance to existing oil and\/or gas producing, metallurgical coal mining or coal-fired power generation Clients after an assessment of the environmental,<br>social and economic impacts. From 2025, we will expect these Clients to have published Transition Plans.\"<\/td>\n                            <td style=\"\">Santos<br>Glencore<br>Harbour Energy<br>Norwegian Energy Company (Noreco) <br>Beach Energy <br>Viva Energy <\/td>\n                    <\/tr>\n                            <tr id=\"table_263_row_2\"\n            data-row-index=\"2\">\n                            <td style=\"\"><p><a href=\"https:\/\/www.nab.com.au\/content\/dam\/nab\/documents\/reports\/corporate\/2022-climate-report.pdf\" target=\"_blank\" rel=\"noopener\">NAB<\/a><\/p><\/td>\n                            <td style=\"\"><a href=\"https:\/\/www.nab.com.au\/content\/dam\/nab\/documents\/reports\/corporate\/2022-climate-report.pdf\" rel=\"\" target=\"_self\">https:\/\/www.nab.com.au\/content\/dam\/nab\/documents\/reports\/corporate\/2022-climate-report.pdf<\/a><\/td>\n                            <td style=\"\">84<\/td>\n                            <td style=\"\">\"NAB will continue to provide corporate lending to existing oil and gas customers. From 1 October 2025, new lending and renewals will require oil and gas customers to have a transition plan in place\"<br><br>\"NAB has capped thermal coal mining exposures at 2019 levels and intends to reduce these exposures by 50% by 2026,<br>to be effectively zero by 2030, apart from residual performance guarantees to rehabilitate existing thermal coal mining<br>assets.\"<\/td>\n                            <td style=\"\">Santos<br>Global Infrastructure Partners<br>Glencore<br>Beach Energy<br>Viva Energy <br>Dalrymple Bay Coal Terminal Company<br>Cooper Energy<\/td>\n                    <\/tr>\n                            <tr id=\"table_263_row_3\"\n            data-row-index=\"3\">\n                            <td style=\"\"><p><a href=\"https:\/\/www.westpac.com.au\/content\/dam\/public\/wbc\/documents\/pdf\/aw\/ic\/Net_Zero_2030_Targets_and_Financed_Emissions_our_methodology_and_approach.pdf\" target=\"_blank\" rel=\"noopener\">Westpac<\/a><\/p><\/td>\n                            <td style=\"\"><a href=\"https:\/\/www.westpac.com.au\/content\/dam\/public\/wbc\/documents\/pdf\/aw\/ic\/Net_Zero_2030_Targets_and_Financed_Emissions_our_methodology_and_approach.pdf\" rel=\"\" target=\"_self\">https:\/\/www.westpac.com.au\/content\/dam\/public\/wbc\/documents\/pdf\/aw\/ic\/Net_Zero_2030_Targets_and_Financed_Emissions_our_methodology_and_approach.pdf<\/a><\/td>\n                            <td style=\"\">85<\/td>\n                            <td style=\"\">\"We will continue to provide corporate lending where the customer has a credible transition plan in place by 2025, and will work with customers to support their development of credible transition plans prior to 2025.\"<br><br>\u201cIn our 2020 Position Statement, we committed to supporting thermal coal mining customers transition in line with a commitment to reduce our exposure to zero by 2030. Consistent with the NZBA guidelines, we have updated our position to define thermal coal mining customers as companies with more than 5% of their revenue coming directly from thermal coal mining. We will seek to continue to work with customers affected by this revised revenue threshold to meet our new 2030 target.\u201d <\/td>\n                            <td style=\"\">Woodside <br>Santos<br>Global Infrastructure Partners <br>Beach Energy <br>Viva Energy<br><\/td>\n                    <\/tr>\n            <\/tbody>        <!-- \/Table body -->\n\n        <!-- Table footer -->\n        \n        <!-- \/Table footer -->\n    <\/table>\n\n<\/div><style>\ntable.wpDataTable { table-layout: fixed !important; }\ntable.wpDataTable td, table.wpDataTable th { white-space: normal !important; }\nbutton.button.btn.wdt-clear-filters-button {\n\tbackground: #ffffff;\n\tborder-style: solid;\n\tborder-width: 2px;\n\tborder-color: #903e4c;\n\ttext-shadow: 0px 0px;\n}\n\ndiv.wpDataTables.wpDataTablesFilter.wpDataTablesWrapper.data-t {\n\tmargin-bottom: 0px;\n}\n\ndiv.wpDataTableFilterSection {\n\tmargin-bottom: 0px !important;\n}table.wpDataTable td.numdata { text-align: right !important; }\n<\/style>\n<style>\n            \/* th background color *\/\n    .wpdt-c.wpDataTablesWrapper table.wpdtSimpleTable.bt[data-has-header='1'] td.wpdt-header-classes,\n    .wpdt-c.wpDataTablesWrapper table.wpdtSimpleTable thead th,\n    .wpdt-c .wpDataTablesWrapper table.wpDataTable thead th,\n    .wpdt-c .wpDataTablesWrapper table.wpDataTable thead th.sorting {\n        background-color: #F06400 !important;\n        background-image: none !important;\n    }\n\n                \/* th font color *\/\n    .wpdt-c.wpDataTablesWrapper table.wpdtSimpleTable.bt[data-has-header='1'] td.wpdt-header-classes,\n    .wpdt-c.wpDataTablesWrapper table.wpdtSimpleTable thead th,\n    .wpdt-c .wpDataTablesWrapper table.wpDataTable thead th {\n        color: #ffffff !important;\n    }\n\n    .wpdt-c .wpDataTablesWrapper table.wpDataTable thead th.sorting:after,\n    .wpdt-c .wpDataTablesWrapper table.wpDataTable thead th.sorting_asc:after {\n        border-bottom-color: #ffffff !important;\n    }\n\n    .wpdt-c .wpDataTablesWrapper table.wpDataTable thead th.sorting_desc:after {\n        border-top-color: #ffffff !important;\n    }\n\n        \n                                                                                            \/* table font size *\/\n    .wpdt-c.wpDataTablesWrapper table.wpdtSimpleTable,\n    .wpdt-c .wpDataTablesWrapper table.wpDataTable {\n        font-size: 14px !important;\n    }\n\n            \n                <\/style>\n<style>\n<\/style>\n<style>\n                            \n                                        \n                    \n<\/style>\n\n<p>[\/et_pb_toggle][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=&#8221;1&#8243; _builder_version=&#8221;4.20.2&#8243; _module_preset=&#8221;default&#8221; custom_padding=&#8221;15px||15px||true|false&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_row _builder_version=&#8221;4.20.2&#8243; _module_preset=&#8221;default&#8221; max_width=&#8221;756px&#8221; custom_padding=&#8221;20px||20px||false|false&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.20.2&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_text module_class=&#8221;toc-item&#8221; _builder_version=&#8221;4.20.2&#8243; _module_preset=&#8221;default&#8221; header_text_color=&#8221;#131313&#8243; header_2_font=&#8221;Inter|800|||||||&#8221; header_2_text_color=&#8221;#131313&#8243; header_3_font=&#8221;Inter|800|||||||&#8221; header_3_text_color=&#8221;#131313&#8243; header_3_font_size=&#8221;36px&#8221; header_3_line_height=&#8221;1.2em&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<h2>Continuing to fund climate-wrecking companies<\/h2>\n<p>[\/et_pb_text][et_pb_text _builder_version=&#8221;4.24.3&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;]The banks have funded a litany of companies with coal, oil and gas expansion plans since the signing of the Paris Agreement.<\/p>\n<p>Three Australian companies stand out as the worst when it comes to investing in new fossil fuel projects. The scale of the projects being pursued by these companies is aligned with catastrophic levels of global warming and the banks\u2019 ongoing funding of these fossil fuel companies is enabling them to do so. <\/p>\n<p>If the new projects of Woodside, Santos, and Whitehaven Coal all go ahead, the cumulative impact would be <strong>4.2 billion tonnes of carbon dioxide (CO2), equivalent to more than 9 times Australia\u2019s 2021 emissions.<\/strong>[\/et_pb_text][et_pb_text _builder_version=&#8221;4.20.2&#8243; _module_preset=&#8221;default&#8221; header_3_font=&#8221;Inter|800|||||||&#8221; header_3_text_color=&#8221;#131313&#8243; header_4_font=&#8221;Inter||||||||&#8221; header_4_text_color=&#8221;#131313&#8243; custom_margin=&#8221;||9px|||&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<h3>Woodside &#8211; <span class=\"text-normal\">Funded by ANZ, NAB and Westpac<\/span><\/h3>\n<p>[\/et_pb_text][et_pb_text _builder_version=&#8221;4.20.2&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p>In July 2022, ANZ and Westpac loaned $125 million each to Woodside as part of a $1.76 billion general corporate loan.<\/p>\n<p><a href=\"https:\/\/www.marketforces.org.au\/campaigns\/companies\/woodside-petroleum\/\">Woodside<\/a> is Australia\u2019s largest producer of gas, and is pursuing massive expansion plans completely out of line with global climate agreements. Woodside\u2019s business plans would see it bring on five new oil and gas projects currently in its pipeline. By 2027, the company is aiming to increase production by <a href=\"https:\/\/www.marketforces.org.au\/wp-content\/uploads\/2023\/03\/2023-03-STO-WDS-investor-briefing.pdf\">45 per cent,<\/a> and if it gets its way, their proposed projects would see an estimated <strong>2 billion tonnes of harmful CO<sub>2<\/sub><\/strong> entering the atmosphere.<\/p>\n<p>[\/et_pb_text][et_pb_image src=&#8221;https:\/\/www.marketforces.org.au\/wp-content\/uploads\/2023\/05\/Woodside-Pluto-LNG-facility-credit-CCWA-754&#215;425-1.jpg&#8221; alt=&#8221;Gas flaring at Woodside\u2019s Pluto LNG processing facility. Image courtesy of the Conservation Council of Western Australia (CCWA).&#8221; title_text=&#8221;Gas flaring at Woodside\u2019s Pluto LNG processing facility. Image courtesy of the Conservation Council of Western Australia (CCWA).&#8221; align=&#8221;center&#8221; _builder_version=&#8221;4.20.2&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][\/et_pb_image][et_pb_text disabled_on=&#8221;off|off|off&#8221; _builder_version=&#8221;4.20.2&#8243; _module_preset=&#8221;default&#8221; text_font_size=&#8221;12px&#8221; text_line_height=&#8221;1.3em&#8221; text_orientation=&#8221;center&#8221; custom_margin=&#8221;||||false|false&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p>Gas flaring at Woodside\u2019s Pluto LNG processing facility. Image courtesy of the Conservation Council of Western Australia (CCWA).<\/p>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row _builder_version=&#8221;4.20.2&#8243; _module_preset=&#8221;default&#8221; max_width=&#8221;756px&#8221; custom_padding=&#8221;20px||20px||false|false&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.20.2&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_text _builder_version=&#8221;4.20.2&#8243; _module_preset=&#8221;default&#8221; header_3_text_color=&#8221;#131313&#8243; header_4_font=&#8221;Inter|800|||||||&#8221; header_4_text_color=&#8221;#131313&#8243; custom_margin=&#8221;||9px|||&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<h4>Case study &#8211; Scarborough Pluto 2 LNG project<\/h4>\n<p>[\/et_pb_text][et_pb_text _builder_version=&#8221;4.20.2&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p>One of Woodside\u2019s pipeline projects is the monstrous Scarborough-Pluto 2 LNG project. Pluto 2 would process the gas from the Scarborough gas field which would then be exported overseas.<\/p>\n<p>Independent analysis by Climate Analytics, a non-profit climate science and policy institute, has <a href=\"https:\/\/climateanalytics.org\/media\/climateanalytics_scarboroughpluto_dec2021.pdf\">concluded<\/a> the project \u201crepresents a bet against the world implementing the Paris Agreement\u201d and Carbon Tracker has <a href=\"https:\/\/carbontracker.org\/reports\/australian-oil-and-gas-mergers-exposing-the-weakness-of-company-transition-planning\/\">stated<\/a> Scarborough \u201cis not competitive even in the<br \/>International Energy Agency\u2019s 2.7\u00b0C warming scenario] STEPS \u2013 that is, a world that utterly fails to decarbonise\u201d.<\/p>\n<p>Yet in March 2022, ANZ, NAB and Westpac all financed a $4.6 billion loan to Global Infrastructure Partners to facilitate an acquisition of a 49 per cent stake in the Pluto 2 LNG project.<\/p>\n<p>The gas produced from Scarborough-Pluto 2 would, when burned, see an additional 687 million tonnes of CO2 enter the atmosphere. First gas from <a href=\"https:\/\/www.woodside.com\/what-we-do\/growth-projects\/scarborough\">Scarborough<\/a> is expected to come online in 2026, a full five years after the International Energy Agency (IEA) declared that there is no room for new oil and gas projects in a world hoping to achieve net zero emissions by 2050.<\/p>\n<p>Woodside\u2019s Scarborough-Pluto 2 gas project is not just a climate disaster, it\u2019s also a cultural heritage disaster.<\/p>\n<p><a href=\"https:\/\/info.nopsema.gov.au\/offshore_projects\/41\/show_public#:~:text=The%20Scarborough%20gas%20resource%2C%20located,Thebe%20and%20Jupiter%20gas%20fields.\">Scarborough<\/a> is located approximately 375 km off <a href=\"https:\/\/info.nopsema.gov.au\/offshore_projects\/41\/show_public#:~:text=The%20Scarborough%20gas%20resource%2C%20located,Thebe%20and%20Jupiter%20gas%20fields.\">Murujuga<\/a>, also known as the Burrup Peninsula. Murujuga country is home to some of the world\u2019s oldest rock-art, dating back at least 50,000 years. First Nations Traditional Custodians have described the rock art as<br \/>Australia\u2019s \u201cpyramids of Egypt.\u201d<\/p>\n<p>A recent peer-reviewed <a href=\"https:\/\/www.tandfonline.com\/doi\/full\/10.1080\/13505033.2022.2131077\">study<\/a> revealed evidence that industrial pollution in the north-west corner of Western Australia is causing damage to the rock art in Murujuga. The study concludes: \u201cA reduction in industrial emissions is considered essential if damage to<br \/>the rock art is to be limited and this iconic cultural place is to remain largely intact for future<br \/>generations.\u201d<\/p>\n<p>Not only does the project violate the banks&#8217; commitment to the Paris Agreement and net zero emissions by 2050, it also violates the rights of Traditional Custodians. Murujuga Aboriginal Corporation has <a href=\"https:\/\/www.abc.net.au\/news\/2021-11-28\/community-rallies-against-woodside-scarborough-project\/100656126\">stated<\/a>: \u201cIf research finds that emissions do have an impact on the state of preservation of rock art, then MAC will expect the state and commonwealth government to adjust any existing approval to ensure the protection of cultural values at Murujuga&#8221;.<\/p>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row _builder_version=&#8221;4.20.2&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.20.2&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_image src=&#8221;https:\/\/www.marketforces.org.au\/wp-content\/uploads\/2023\/05\/Lifetime-emissions-1-1.png&#8221; title_text=&#8221;Lifetime emissions (1)&#8221; force_fullwidth=&#8221;on&#8221; _builder_version=&#8221;4.20.2&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][\/et_pb_image][et_pb_text _builder_version=&#8221;4.20.2&#8243; _module_preset=&#8221;default&#8221; text_font_size=&#8221;12px&#8221; text_line_height=&#8221;1.3em&#8221; text_orientation=&#8221;center&#8221; custom_margin=&#8221;||||false|false&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p>Source: Company announcements and annual reporting, <a href=\"https:\/\/www.greenhouseaccounts.climatechange.gov.au\/\" target=\"_blank\" rel=\"noopener\">Australian government<\/a><\/p>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row _builder_version=&#8221;4.20.2&#8243; _module_preset=&#8221;default&#8221; max_width=&#8221;756px&#8221; custom_padding=&#8221;20px||20px||false|false&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.20.2&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_text _builder_version=&#8221;4.20.2&#8243; _module_preset=&#8221;default&#8221; header_3_font=&#8221;Inter|800|||||||&#8221; header_3_text_color=&#8221;#131313&#8243; header_4_font=&#8221;Inter||||||||&#8221; header_4_text_color=&#8221;#131313&#8243; custom_margin=&#8221;||9px|||&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<h3>Santos &#8211; <span class=\"text-normal\">Funded by ANZ, CBA, NAB &amp; Westpac<\/span><\/h3>\n<p>[\/et_pb_text][et_pb_text _builder_version=&#8221;4.20.2&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p>In August 2022, all big four banks participated in a $1.8 billion loan to one of Australia\u2019s biggest oil and gas companies, Santos. The loan was partially related to Santos\u2019 highly controversial Barossa gas field. The banks each contributed the following amounts the loan:<\/p>\n<p>[\/et_pb_text][et_pb_text _builder_version=&#8221;4.20.2&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p><strong>Contribution to most recent Santos loan<\/strong><\/p>\n<p>[\/et_pb_text][et_pb_code _builder_version=&#8221;4.20.2&#8243; _module_preset=&#8221;default&#8221; background_color=&#8221;#FFFFFF&#8221; global_colors_info=&#8221;{}&#8221;]\n<div class=\"wpdt-c wdt-skin-material\">\n    \n    <input type=\"hidden\" id=\"wdtNonceFrontendServerSide_268\" name=\"wdtNonceFrontendServerSide_268\" value=\"1518977d3c\" \/><input type=\"hidden\" name=\"_wp_http_referer\" value=\"\/wp-json\/wp\/v2\/pages\/69731\" \/><input type=\"hidden\" id=\"wdtFrontendelementorNonce_268\" name=\"wdtFrontendelementorNonce_268\" value=\"c5e3db8f0c\" \/>    <input type=\"hidden\" id=\"table_8_desc\"\n           value='{\"tableId\":\"table_8\",\"tableType\":\"manual\",\"selector\":\"#table_8\",\"responsive\":false,\"responsiveAction\":\"icon\",\"editable\":false,\"inlineEditing\":false,\"infoBlock\":false,\"pagination_top\":0,\"pagination\":0,\"paginationAlign\":\"right\",\"paginationLayout\":\"full_numbers\",\"paginationLayoutMobile\":\"simple\",\"file_location\":\"\",\"tableSkin\":\"material\",\"table_wcag\":0,\"simple_template_id\":0,\"scrollable\":false,\"fixedLayout\":false,\"globalSearch\":false,\"showRowsPerPage\":false,\"popoverTools\":false,\"loader\":\"1\",\"showCartInformation\":1,\"hideBeforeLoad\":false,\"number_format\":2,\"decimalPlaces\":2,\"spinnerSrc\":\"https:\\\/\\\/www.marketforces.org.au\\\/wp-content\\\/plugins\\\/wpdatatables\\\/assets\\\/\\\/img\\\/spinner.gif\",\"index_column\":0,\"groupingEnabled\":false,\"tableWpId\":268,\"dataTableParams\":{\"sDom\":\"BT\\u003C\\u0027clear\\u0027\\u003Et\",\"bSortCellsTop\":false,\"bFilter\":true,\"aLengthMenu\":[[1,5,10,25,50,100,-1],[1,5,10,25,50,100,\"All\"]],\"iDisplayLength\":10,\"columnDefs\":[{\"sType\":\"string\",\"wdtType\":\"string\",\"bVisible\":true,\"orderable\":true,\"searchable\":true,\"InputType\":\"text\",\"name\":\"bank\",\"origHeader\":\"bank\",\"notNull\":false,\"conditionalFormattingRules\":[],\"transformValueRules\":\"\",\"className\":\" column-bank\",\"aTargets\":[0]},{\"sType\":\"formatted-num\",\"wdtType\":\"int\",\"bVisible\":false,\"orderable\":true,\"searchable\":true,\"InputType\":\"text\",\"name\":\"wdt_ID\",\"origHeader\":\"wdt_ID\",\"notNull\":false,\"conditionalFormattingRules\":[],\"transformValueRules\":\"\",\"className\":\"numdata integer  column-wdt_id\",\"aTargets\":[1]},{\"sType\":\"formatted-num\",\"wdtType\":\"int\",\"bVisible\":true,\"orderable\":true,\"searchable\":true,\"InputType\":\"text\",\"name\":\"anz\",\"origHeader\":\"anz\",\"notNull\":false,\"conditionalFormattingRules\":[],\"transformValueRules\":\"\",\"className\":\"numdata integer  column-anz\",\"aTargets\":[2]},{\"sType\":\"formatted-num\",\"wdtType\":\"float\",\"bVisible\":false,\"orderable\":false,\"searchable\":false,\"InputType\":\"none\",\"name\":\"formula_1\",\"origHeader\":\"formula_1\",\"notNull\":false,\"conditionalFormattingRules\":[],\"transformValueRules\":\"\",\"className\":\"numdata formula  column-formula_1\",\"aTargets\":[3]},{\"sType\":\"formatted-num\",\"wdtType\":\"float\",\"bVisible\":false,\"orderable\":true,\"searchable\":true,\"InputType\":\"text\",\"name\":\"trend\",\"origHeader\":\"trend\",\"notNull\":false,\"conditionalFormattingRules\":[],\"transformValueRules\":\"\",\"className\":\"numdata float  column-trend\",\"aTargets\":[4]}],\"bAutoWidth\":false,\"order\":[[0,\"asc\"]],\"ordering\":true,\"fixedHeader\":{\"header\":false,\"headerOffset\":0},\"fixedColumns\":false,\"oLanguage\":{\"sSearchPlaceholder\":\"\"},\"buttons\":[],\"bProcessing\":false,\"serverSide\":true,\"ajax\":{\"url\":\"https:\\\/\\\/www.marketforces.org.au\\\/wp-admin\\\/admin-ajax.php?action=get_wdtable&table_id=268\",\"type\":\"POST\"},\"oSearch\":{\"bSmart\":false,\"bRegex\":false,\"sSearch\":\"\"}},\"customRowDisplay\":\"\",\"tabletWidth\":\"1024\",\"mobileWidth\":\"480\",\"renderFilter\":\"footer\",\"advancedFilterEnabled\":false,\"serverSide\":true,\"autoRefreshInterval\":0,\"processing\":true,\"fnServerData\":true,\"columnsFixed\":0,\"sumFunctionsLabel\":\"\",\"avgFunctionsLabel\":\"\",\"minFunctionsLabel\":\"\",\"maxFunctionsLabel\":\"munira.chowdhury@marketforces.org.au\",\"columnsDecimalPlaces\":{\"bank\":-1,\"wdt_ID\":-1,\"anz\":-1,\"formula_1\":2,\"trend\":-1},\"columnsThousandsSeparator\":{\"wdt_ID\":0,\"anz\":1},\"sumColumns\":[],\"avgColumns\":[],\"sumAvgColumns\":[],\"timeFormat\":\"h:i A\",\"datepickFormat\":\"dd\\\/mm\\\/yy\"}'\/>\n\n    <table id=\"table_8\"\n           class=\"   display nowrap wdt-no-display data-t data-t wpDataTable wpDataTableID-268 \"\n           style=\"\"\n           data-described-by='table_8_desc'\n           data-wpdatatable_id=\"268\">\n        \n        <!-- Table header -->\n        \n<thead>\n<tr>\n                    <th\n        data-class=\"expand\"                class=\" wdtheader sort \"\n        style=\"\">        Bank<\/th>        <th\n                        class=\" wdtheader sort numdata integer \"\n        style=\"\">        wdt_ID<\/th>        <th\n                        class=\" wdtheader sort numdata integer \"\n        style=\"\">        AUD (m)<\/th>        <th\n                        class=\" wdtheader numdata formula \"\n        style=\"\">        Average<\/th>        <th\n                        class=\" wdtheader sort numdata float \"\n        style=\"\">        Trend<\/th>    <\/tr>\n<\/thead>\n        <!-- \/Table header -->\n\n        <!-- Table body -->\n        \n<tbody>\n<!-- Table body -->\n<div data-id=\"268\"\n     class=\"wdt-timeline-item wdt-timeline-table_8\"\n     style=\"\">\n    <div class=\"wdt-table-loader\">\n        <div class=\"wdt-table-loader-row wdt-table-loader-header\">\n            <div class=\"wdt-table-loader-header-cell wdt-animated-background\"><\/div>\n            <div class=\"wdt-table-loader-header-cell wdt-animated-background\"><\/div>\n            <div class=\"wdt-table-loader-header-cell wdt-animated-background\"><\/div>\n        <\/div>\n                    <div class=\"wdt-table-loader-row\">\n                <div class=\"wdt-table-loader-cell wdt-animated-background\"><\/div>\n                <div class=\"wdt-table-loader-cell wdt-animated-background\"><\/div>\n                <div class=\"wdt-table-loader-cell wdt-animated-background\"><\/div>\n            <\/div>\n                    <div class=\"wdt-table-loader-row\">\n                <div class=\"wdt-table-loader-cell wdt-animated-background\"><\/div>\n                <div class=\"wdt-table-loader-cell wdt-animated-background\"><\/div>\n                <div class=\"wdt-table-loader-cell wdt-animated-background\"><\/div>\n            <\/div>\n                    <div class=\"wdt-table-loader-row\">\n                <div class=\"wdt-table-loader-cell wdt-animated-background\"><\/div>\n                <div class=\"wdt-table-loader-cell wdt-animated-background\"><\/div>\n                <div class=\"wdt-table-loader-cell wdt-animated-background\"><\/div>\n            <\/div>\n                    <div class=\"wdt-table-loader-row\">\n                <div class=\"wdt-table-loader-cell wdt-animated-background\"><\/div>\n                <div class=\"wdt-table-loader-cell wdt-animated-background\"><\/div>\n                <div class=\"wdt-table-loader-cell wdt-animated-background\"><\/div>\n            <\/div>\n                    <div class=\"wdt-table-loader-row\">\n                <div class=\"wdt-table-loader-cell wdt-animated-background\"><\/div>\n                <div class=\"wdt-table-loader-cell wdt-animated-background\"><\/div>\n                <div class=\"wdt-table-loader-cell wdt-animated-background\"><\/div>\n            <\/div>\n            <\/div>\n<\/div><!-- \/Table body -->\n                    <tr id=\"table_268_row_0\"\n            data-row-index=\"0\">\n                            <td style=\"\">ANZ<\/td>\n                            <td style=\"\">1<\/td>\n                            <td style=\"\">145<\/td>\n                            <td style=\"\">0.00<\/td>\n                            <td style=\"\">0.00<\/td>\n                    <\/tr>\n                            <tr id=\"table_268_row_1\"\n            data-row-index=\"1\">\n                            <td style=\"\">Westpac<\/td>\n                            <td style=\"\">2<\/td>\n                            <td style=\"\">65<\/td>\n                            <td style=\"\">0.00<\/td>\n                            <td style=\"\">0.00<\/td>\n                    <\/tr>\n                            <tr id=\"table_268_row_2\"\n            data-row-index=\"2\">\n                            <td style=\"\">NAB<\/td>\n                            <td style=\"\">3<\/td>\n                            <td style=\"\">72<\/td>\n                            <td style=\"\">0.00<\/td>\n                            <td style=\"\"><\/td>\n                    <\/tr>\n                            <tr id=\"table_268_row_3\"\n            data-row-index=\"3\">\n                            <td style=\"\">Commonwealth Bank<\/td>\n                            <td style=\"\">4<\/td>\n                            <td style=\"\">109<\/td>\n                            <td style=\"\">0.00<\/td>\n                            <td style=\"\"><\/td>\n                    <\/tr>\n            <\/tbody>        <!-- \/Table body -->\n\n        <!-- Table footer -->\n        \n        <!-- \/Table footer -->\n    <\/table>\n\n<\/div><style>\n\n#table_8 > tbody > tr > td.column-anz:not(:empty):before,\n                                       \n#table_8 > tbody > tr.row-detail ul li.column-anz span.columnValue:before\n                                            { content: '$' }\n#table_8 > tbody > tr > td.column-anz:not(:empty):after,\n                                       \n#table_8 > tbody > tr.row-detail ul li.column-anz span.columnValue:after\n                                            { content: 'm' }button.button.btn.wdt-clear-filters-button {\n\tbackground: #ffffff;\n\tborder-style: solid;\n\tborder-width: 2px;\n\tborder-color: #903e4c;\n\ttext-shadow: 0px 0px;\n}\n\ndiv.wpDataTables.wpDataTablesFilter.wpDataTablesWrapper.data-t {\n\tmargin-bottom: 0px;\n}\n\ndiv.wpDataTableFilterSection {\n\tmargin-bottom: 0px !important;\n}table.wpDataTable td.numdata { text-align: right !important; }\n<\/style>\n<style>\n            \/* th background color *\/\n    .wpdt-c.wpDataTablesWrapper table.wpdtSimpleTable.bt[data-has-header='1'] td.wpdt-header-classes,\n    .wpdt-c.wpDataTablesWrapper table.wpdtSimpleTable thead th,\n    .wpdt-c .wpDataTablesWrapper table.wpDataTable thead th,\n    .wpdt-c .wpDataTablesWrapper table.wpDataTable thead th.sorting {\n        background-color: #F06400 !important;\n        background-image: none !important;\n    }\n\n                \/* th font color *\/\n    .wpdt-c.wpDataTablesWrapper table.wpdtSimpleTable.bt[data-has-header='1'] td.wpdt-header-classes,\n    .wpdt-c.wpDataTablesWrapper table.wpdtSimpleTable thead th,\n    .wpdt-c .wpDataTablesWrapper table.wpDataTable thead th {\n        color: #ffffff !important;\n    }\n\n    .wpdt-c .wpDataTablesWrapper table.wpDataTable thead th.sorting:after,\n    .wpdt-c .wpDataTablesWrapper table.wpDataTable thead th.sorting_asc:after {\n        border-bottom-color: #ffffff !important;\n    }\n\n    .wpdt-c .wpDataTablesWrapper table.wpDataTable thead th.sorting_desc:after {\n        border-top-color: #ffffff !important;\n    }\n\n        \n                                                                                            \/* table font size *\/\n    .wpdt-c.wpDataTablesWrapper table.wpdtSimpleTable,\n    .wpdt-c .wpDataTablesWrapper table.wpDataTable {\n        font-size: 14px !important;\n    }\n\n            \n                <\/style>\n<style>\n<\/style>\n<style>\n                            \n                                        \n                    \n<\/style>\n[\/et_pb_code][et_pb_text _builder_version=&#8221;4.20.2&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p>Santos is one of Australia\u2019s largest oil and gas producers, and is pursuing massive expansion plans, which undermine the Paris Agreement and the chance of achieving net zero emissions by 2050. The projects that Santos has in its pipeline would see Santos increase its annual emissions by <a href=\"https:\/\/www.marketforces.org.au\/wp-content\/uploads\/2023\/03\/2023-03-STO-WDS-investor-briefing.pdf\">40 per cent<\/a> from 2022 to 2030. In the <a href=\"https:\/\/iea.blob.core.windows.net\/assets\/830fe099-5530-48f2-a7c1-11f35d510983\/WorldEnergyOutlook2022.pdf\">IEA NZE 2050<\/a> Scenario, emissions from oil and gas use fall 29 per cent this decade.\u00a0<\/p>\n<p>Despite the IEA\u2019s finding that there is no room for new oil and gas fields in a world hoping to achieve net zero emissions by 2050, Santos is pushing ahead with plans that would add an estimated 1 billion tonnes of CO2 into the atmosphere.<\/p>\n<p>One of Santos\u2019 projects, the Barossa gas field, is so emissions intensive that John Robert, a leading economist from the Institute for Energy Economics and Financial Analysis <a href=\"https:\/\/ieefa.org\/ieefa-santos-barossa-gas-field-emissions-create-major-risks-for-shareholders\/\">described<\/a> it as \u201ca CO2 emissions factory with an LNG by-product\u201d.<\/p>\n<p>Meanwhile, Santos\u2019 Narrabri Gas Project would see 850 gas wells drilled throughout the Pilliga Forest, sacred to Gomeroi Traditional Owners. This project has been opposed for years by local <a href=\"https:\/\/www.nswfarmers.org.au\/NSWFA\/Posts\/Media_Releases\/mr.068.20.aspx\">farmers<\/a> and the <a href=\"https:\/\/www.theguardian.com\/australia-news\/2020\/dec\/03\/hundreds-rally-in-australian-capital-cities-against-the-36bn-narrabri-gas-project\">Gomeroi Traditional Owners<\/a>.<\/p>\n<p>Despite Commonwealth Bank, NAB and Westpac all having policies that restrict project finance for new oil and gas fields, the banks continue to hand over tens of millions of dollars of their customers\u2019 money to a company committed to destroying the climate and local environment.<\/p>\n<p>[\/et_pb_text][et_pb_code _builder_version=&#8221;4.20.2&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][\/et_pb_code][\/et_pb_column][\/et_pb_row][et_pb_row _builder_version=&#8221;4.20.2&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.20.2&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_image src=&#8221;https:\/\/www.marketforces.org.au\/wp-content\/uploads\/2023\/05\/Lifetime-emissions-1.png&#8221; title_text=&#8221;Lifetime emissions&#8221; force_fullwidth=&#8221;on&#8221; _builder_version=&#8221;4.20.2&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][\/et_pb_image][et_pb_text _builder_version=&#8221;4.20.2&#8243; _module_preset=&#8221;default&#8221; text_font_size=&#8221;12px&#8221; text_line_height=&#8221;1.3em&#8221; text_orientation=&#8221;center&#8221; custom_margin=&#8221;||||false|false&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p>Source: Company announcements and regulatory submissions, <a href=\"https:\/\/www.santos.com\/wp-content\/uploads\/2021\/11\/211111-Oil-Search-and-Santos-merger-update-Court-approves-distribution-of-Scheme-Booklet-and-convening-of-Scheme-Meeting.pdf\" target=\"_blank\" rel=\"noopener\">GaffneyCline<\/a>, <a href=\"https:\/\/www.greenhouseaccounts.climatechange.gov.au\/\" target=\"_blank\" rel=\"noopener\">Australian government<\/a><\/p>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row _builder_version=&#8221;4.20.2&#8243; _module_preset=&#8221;default&#8221; max_width=&#8221;756px&#8221; custom_padding=&#8221;20px||20px||false|false&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.20.2&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_text _builder_version=&#8221;4.20.2&#8243; _module_preset=&#8221;default&#8221; header_3_text_color=&#8221;#131313&#8243; header_4_font=&#8221;Inter|800|||||||&#8221; header_4_text_color=&#8221;#131313&#8243; custom_margin=&#8221;||9px|||&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<h4>Case study &#8211; No Free, Prior and Informed Consent for Barossa-Darwin LNG project and the Tiwi Islands<\/h4>\n<p>[\/et_pb_text][et_pb_text _builder_version=&#8221;4.24.3&#8243; _module_preset=&#8221;default&#8221; custom_padding=&#8221;||0px|||&#8221; global_colors_info=&#8221;{}&#8221;]In June 2022, Tiwi Islands Senior Lawman Dennis Tipakalippa <a href=\"https:\/\/www.edo.org.au\/2022\/09\/21\/tiwi-traditional-owner-wins-legal-challenge-to-santos-barossa-gas-project\/\">launched<\/a> a Federal Court lawsuit against Santos for failing to adequately consult with Traditional Owners prior to beginning development of the destructive Barossa gas field.<\/p>\n<p>By September, the Court had ruled in favour of the Tiwi Elder and invalidated Santos\u2019 approval to drill for gas in the sea north of the Tiwi Islands. It was a landmark decision for the rights of Traditional Owners in the fight for cultural heritage protection.<\/p>\n<p>The banks loaned to Santos while the court case was ongoing, and as such, must have known of Traditional Owners\u2019 opposition to the Barossa project.<\/p>\n<p>The fact that such a clear lack of Traditional Owner consent slipped through the cracks of the banks\u2019 human rights policies shows Australia\u2019s biggest financial institutions are failing to take their own commitments seriously.\u00a0<\/p>\n<p>Australia\u2019s big four banks all have policies requiring them to act in line with international human rights standards. All of the banks\u2019 policies either include a direct commitment to the principle of \u2018free, prior and informed consent\u2019 (FPIC) or refer to the UN Declaration on the Rights of Indigenous Peoples, of which FPIC is a key principle.\u00a0\u00a0<\/p>\n<p>The impacts of the Barossa gas field and associated Darwin LNG expansion project on the local environment and cultural heritage of the Tiwi Islands, Larrakia Country and surrounding sea country would be far-reaching and disastrous. Traditional Owners have stated that the project risks disruption to songlines, sacred sites and cultural practices, as well as spills and pipeline ruptures in the local marine and surrounding environments.<\/p>\n<p>In response to the banks\u2019 financing of Barossa, Tiwi Islands and Larrakia Traditional Owners lodged formal complaints against ANZ, Commonwealth Bank, NAB and Westpac in April 2023 alleging that the banks breached their human rights commitments. These grievances are the first filed by Traditional Owners in Australia against financial institutions.\u00a0<\/p>\n<p>The complaints demand the banks pull out of the existing loan to Santos and commit to not funding the proposed expansion of the Darwin LNG project, which would be used to process and export gas from Barossa.[\/et_pb_text][et_pb_image src=&#8221;https:\/\/www.marketforces.org.au\/wp-content\/uploads\/2023\/04\/5VrXsU7m.jpeg&#8221; title_text=&#8221;5VrXsU7m&#8221; force_fullwidth=&#8221;on&#8221; _builder_version=&#8221;4.20.2&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][\/et_pb_image][et_pb_text _builder_version=&#8221;4.20.2&#8243; _module_preset=&#8221;default&#8221; text_font_size=&#8221;12px&#8221; text_line_height=&#8221;1.3em&#8221; text_orientation=&#8221;center&#8221; custom_margin=&#8221;||||false|false&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p>Traditional Owners Carol Puruntatameri and Paulina Puruntatameri are amongst those opposing the gas project.<\/p>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row column_structure=&#8221;2_3,1_3&#8243; use_custom_gutter=&#8221;on&#8221; gutter_width=&#8221;2&#8243; make_equal=&#8221;on&#8221; custom_padding_last_edited=&#8221;on|phone&#8221; _builder_version=&#8221;4.20.2&#8243; _module_preset=&#8221;default&#8221; background_color=&#8221;#fafafa&#8221; width_tablet=&#8221;auto&#8221; width_phone=&#8221;100%&#8221; width_last_edited=&#8221;on|phone&#8221; max_width=&#8221;756px&#8221; module_alignment=&#8221;center&#8221; custom_margin=&#8221;42px|15%||15%|false|true&#8221; custom_margin_tablet=&#8221;|5%||5%|false|true&#8221; custom_margin_phone=&#8221;|0%||0%|false|true&#8221; custom_margin_last_edited=&#8221;on|tablet&#8221; custom_padding=&#8221;30px|30px|30px|30px|true|true&#8221; custom_padding_tablet=&#8221;|30px||30px|false|true&#8221; custom_padding_phone=&#8221;|20px||20px|false|true&#8221; custom_css_main_element=&#8221;display: flex;||align-items: center;||width: fit-content !important;&#8221; global_colors_info=&#8221;{}&#8221; custom_css_main_element_last_edited=&#8221;on|tablet&#8221; custom_css_main_element_phone=&#8221;display: block;||width: 100% !important;||max-width: 100% !important;&#8221; custom_css_main_element_tablet=&#8221;display: flex;||align-items: center;||width: fit-content !important;&#8221;][et_pb_column type=&#8221;2_3&#8243; _builder_version=&#8221;4.20.0&#8243; _module_preset=&#8221;default&#8221; background_color=&#8221;RGBA(255,255,255,0)&#8221; custom_padding=&#8221;||||false|false&#8221; custom_css_main_element=&#8221;display: flex;||align-items: center;&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_text _builder_version=&#8221;4.20.2&#8243; _module_preset=&#8221;default&#8221; text_font=&#8221;Poppins|600|||||||&#8221; text_line_height=&#8221;1.8em&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p>Support Traditional Owners! Demand the big banks live up to their human rights responsibilities by pulling out of the Santos loan.<\/p>\n<p>[\/et_pb_text][\/et_pb_column][et_pb_column type=&#8221;1_3&#8243; _builder_version=&#8221;4.20.0&#8243; _module_preset=&#8221;default&#8221; custom_padding=&#8221;||||false|false&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_button button_url=&#8221;#take-action&#8221; button_text=&#8221;Take Action&#8221; button_alignment=&#8221;center&#8221; _builder_version=&#8221;4.23&#8243; _module_preset=&#8221;983ed5b3-b5b6-49ee-b56b-7b0ea7d10779&#8243; custom_button=&#8221;on&#8221; button_text_size=&#8221;16px&#8221; button_text_color=&#8221;#FFFFFF&#8221; button_bg_color=&#8221;#9b0000&#8243; button_border_width=&#8221;0px&#8221; button_border_color=&#8221;RGBA(255,255,255,0)&#8221; button_border_radius=&#8221;0px&#8221; button_font=&#8221;Poppins|500|||||||&#8221; button_icon=&#8221;&#xf061;||fa||900&#8243; button_on_hover=&#8221;off&#8221; custom_padding=&#8221;20px|70px|20px|20px|true|false&#8221; custom_css_main_element=&#8221;width: fit-content !important;||display: flex;||align-items: center;&#8221; custom_css_after=&#8221;margin-left: unset !important;||    left: unset !important;||    margin-right: 0;||    right: 0;||background-color: #AF3333;||    width: 50px;||    height: 100%;||    display: flex !important;||    justify-content: center;||    align-items: center;||    top: 0;&#8221; global_colors_info=&#8221;{}&#8221; button_text_color__hover=&#8221;#FFFFFF&#8221; button_bg_color__hover_enabled=&#8221;on|hover&#8221; button_bg_color__hover=&#8221;#af3333&#8243; custom_css_after_last_edited=&#8221;off|desktop&#8221; custom_css_after__hover_enabled=&#8221;on|hover&#8221; custom_css_after__hover=&#8221;background-color: #9b0000;||color: #fff&#8221;][\/et_pb_button][\/et_pb_column][\/et_pb_row][et_pb_row _builder_version=&#8221;4.20.2&#8243; _module_preset=&#8221;default&#8221; max_width=&#8221;756px&#8221; custom_padding=&#8221;40px||20px||false|false&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.20.2&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_text _builder_version=&#8221;4.20.2&#8243; _module_preset=&#8221;default&#8221; header_3_font=&#8221;Inter|800|||||||&#8221; header_3_text_color=&#8221;#131313&#8243; header_4_font=&#8221;Inter||||||||&#8221; header_4_text_color=&#8221;#131313&#8243; custom_margin=&#8221;||9px|||&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<h3><b>Whitehaven Coal<\/b> &#8211; <span class=\"text-normal\">Funded by NAB and Westpac<\/span><\/h3>\n<p>[\/et_pb_text][et_pb_text _builder_version=&#8221;4.20.2&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p>Whitehaven Coal is the largest undiversified coal mining company on the Australian share market, and has plans to massively expand the coal industry.<\/p>\n<p>Whitehaven\u2019s dirty expansion plans fly in the face of the world\u2019s scientists, who say coal use must decline dramatically if we are to avoid the worst impacts of climate change.<\/p>\n<p>Coal use must fall 75 per cent by 2030 and 95 per cent by 2050 to align with the <a href=\"https:\/\/report.ipcc.ch\/ar6wg3\/pdf\/IPCC_AR6_WGIII_FinalDraft_Chapter03.pdf\">IPCC model<\/a> for keeping global warming to 1.5\u00baC.<\/p>\n<p>Whitehaven has no plans to transition from coal mining. Instead the company is justifying its plans with coal demand scenarios consistent with a catastrophic 3\u00baC of global warming.<\/p>\n<p>The company is pushing ahead with three new coal projects, Vickery, Narrabri Stage 3, and Winchester South.<\/p>\n<p>When emissions from burning the coal from these mines are added up, over their lifetimes Market Forces estimates they would unleash at least 1.2 billion tonnes of carbon emissions, the equivalent of more than twice Australia\u2019s current annual emissions.<\/p>\n<p>Whitehaven\u2019s banking syndicate of 13 international and Australian banks loaned a combined $1 billion to Whitehaven in February of 2020. NAB and Westpac both participated in the loan, each committing $110 million.<\/p>\n<p>Whitehaven revealed at its 2022 AGM that the company plans to refinance the facility before it matures in July 2023, leaving the door open for NAB and Westpac to provide more finance.<\/p>\n<p>If the banks refinance Whitehaven, it will be a clear example of banks still funding new coal through corporate financing.<\/p>\n<p>[\/et_pb_text][et_pb_image src=&#8221;https:\/\/www.marketforces.org.au\/wp-content\/uploads\/2023\/05\/Whitehaven-Maules-Creek-mine-754&#215;425-1.jpg&#8221; alt=&#8221;Whitehaven&#8217;s monstrous Maules Creek coal mine, destroying swathes of the Leard State Forest, NSW. Image courtesy of the Lock the Gate Alliance&#8221; title_text=&#8221;Whitehaven&#8217;s monstrous Maules Creek coal mine, destroying swathes of the Leard State Forest, NSW. Image courtesy of the Lock the Gate Alliance&#8221; _builder_version=&#8221;4.20.2&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][\/et_pb_image][et_pb_text disabled_on=&#8221;off|off|off&#8221; _builder_version=&#8221;4.20.2&#8243; _module_preset=&#8221;default&#8221; text_font_size=&#8221;12px&#8221; text_line_height=&#8221;1.3em&#8221; text_orientation=&#8221;center&#8221; custom_margin=&#8221;||||false|false&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p>Whitehaven&#8217;s monstrous Maules Creek coal mine, which has destroyed swathes of the Leard State Forest, NSW. Image courtesy of the Lock the Gate Alliance<\/p>\n<p>[\/et_pb_text][et_pb_text _builder_version=&#8221;4.20.2&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p><strong>Environment &amp; community impacts<\/strong><\/p>\n<p>In addition to its worsening impacts on the climate, Whitehaven has a long history of destroying the local environment and breaking the law.<\/p>\n<p>Whitehaven\u2019s neighbours, organised by Lock the Gate, have kept a <a href=\"https:\/\/www.lockthegate.org.au\/whitehaven_coal_shame_file\">long list<\/a> of Whitehaven\u2019s environmental breaches, which have threatened local livelihoods and <a href=\"https:\/\/www.edo.org.au\/2020\/04\/03\/court-challenge-over-coal-mines-critically-endangered-woodlands-offsets-failure\/\">critical habitat<\/a> for endangered species. The company and its subsidiaries have been found guilty or investigated 35 times and incurred almost $1.5 million in total penalties.<\/p>\n<p>Arguably the most appalling of Whitehaven\u2019s crimes concerns water. The Liverpool Plains are some of the most fertile agricultural lands in New South Wales. Farmers in the region are deeply concerned that Whitehaven\u2019s water use is drying out streams and bores.<\/p>\n<p>Local farmers have been repeatedly outbid on <a href=\"https:\/\/www.theland.com.au\/story\/5931279\/water-war-mines-beat-farms-at-water-auction\/\">water licences<\/a> with Whitehaven paying five times the market value at times for water. Worse still, in April 2021, Whitehaven <a href=\"https:\/\/www.lockthegate.org.au\/whitehaven_pleads_guilty_to_stealing_one_billion_litres_of_water_during_drought\">pleaded guilty<\/a> to taking one billion litres of water during a severe drought in New South Wales.<\/p>\n<p>Both NAB and Westpac say that they consider environmental, social and governance risks when lending to clients. Whether the banks do in fact refinance Whitehaven\u2019s loan this year will be a test of the bank\u2019s policies around climate, environmental and social concerns.<\/p>\n<p>[\/et_pb_text][et_pb_code _builder_version=&#8221;4.20.2&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][\/et_pb_code][\/et_pb_column][\/et_pb_row][et_pb_row _builder_version=&#8221;4.20.2&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.20.2&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_image src=&#8221;https:\/\/www.marketforces.org.au\/wp-content\/uploads\/2023\/05\/Lifetime-emissions-2.png&#8221; title_text=&#8221;Lifetime emissions (2)&#8221; force_fullwidth=&#8221;on&#8221; _builder_version=&#8221;4.20.2&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][\/et_pb_image][et_pb_text _builder_version=&#8221;4.20.2&#8243; _module_preset=&#8221;default&#8221; text_font_size=&#8221;12px&#8221; text_line_height=&#8221;1.3em&#8221; text_orientation=&#8221;center&#8221; custom_margin=&#8221;||||false|false&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p>Source: Company regulatory submissions, <a href=\"https:\/\/www.greenhouseaccounts.climatechange.gov.au\/\" target=\"_blank\" rel=\"noopener\">Australian government<\/a><\/p>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=&#8221;1&#8243; _builder_version=&#8221;4.20.2&#8243; _module_preset=&#8221;default&#8221; custom_padding=&#8221;15px||15px||true|false&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_row _builder_version=&#8221;4.20.2&#8243; _module_preset=&#8221;default&#8221; max_width=&#8221;756px&#8221; custom_padding=&#8221;20px||20px||false|false&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.20.2&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_text module_class=&#8221;toc-item&#8221; _builder_version=&#8221;4.20.2&#8243; _module_preset=&#8221;default&#8221; header_text_color=&#8221;#131313&#8243; header_2_font=&#8221;Inter|800|||||||&#8221; header_2_text_color=&#8221;#131313&#8243; header_3_font=&#8221;Inter|800|||||||&#8221; header_3_text_color=&#8221;#131313&#8243; header_3_font_size=&#8221;36px&#8221; header_3_line_height=&#8221;1.2em&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<h2>Individual banks lending detail<\/h2>\n<p>[\/et_pb_text][et_pb_text _builder_version=&#8221;4.23&#8243; _module_preset=&#8221;default&#8221; header_3_font=&#8221;Inter|800|||||||&#8221; header_3_text_color=&#8221;#131313&#8243; header_4_font=&#8221;Inter|800|||||||&#8221; header_4_text_color=&#8221;#131313&#8243; custom_margin=&#8221;||9px|||&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<h3>ANZ<\/h3>\n<p>[\/et_pb_text][et_pb_text _builder_version=&#8221;4.24.3&#8243; _module_preset=&#8221;default&#8221; text_font=&#8221;|600|||||||&#8221; text_text_color=&#8221;#131313&#8243; text_font_size=&#8221;18px&#8221; text_line_height=&#8221;1.3em&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p>Australia\u2019s bank of gas and the biggest lender since Paris<\/p>\n<p>[\/et_pb_text][et_pb_text _builder_version=&#8221;4.20.2&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p style=\"text-align: justify;\">ANZ has been the biggest backer of the fossil fuel industry since 2016, loaning <strong>$18.6 billion.<\/strong><\/p>\n<p style=\"text-align: justify;\">Between 2021 and 2022 alone ANZ gave <strong>$4.6 billion<\/strong> to fossil fuels, the most of any of the big four.<\/p>\n<p style=\"text-align: justify;\">ANZ has been Australia\u2019s banking partner of choice for companies seeking to expand the gas sector.<\/p>\n<p style=\"text-align: justify;\">ANZ participated in at least 22 loans and 7 bonds for companies and projects expanding the gas sector. ANZ gave <strong>$2.9 billion<\/strong> to the gas industry alone in the last two years.<\/p>\n<p style=\"text-align: justify;\">ANZ loaned <strong>$3.6 billion<\/strong> to the coal industry between 2016 and 2022, the most of any Australian bank. <strong>$736 million<\/strong> of this came in 2021 and 2022.<\/p>\n<p style=\"text-align: justify;\">To find out more about ANZ visit our <a href=\"https:\/\/www.marketforces.org.au\/anz\">ANZ webpage<\/a>.<\/p>\n<p>[\/et_pb_text][et_pb_text _builder_version=&#8221;4.20.2&#8243; _module_preset=&#8221;default&#8221; text_font_size=&#8221;0.9em&#8221; custom_margin=&#8221;||3px|||&#8221; locked=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p>Financed emissions targets vs. client\u2019s emissions trajectory<\/p>\n<p>[\/et_pb_text][et_pb_text _builder_version=&#8221;4.20.2&#8243; _module_preset=&#8221;default&#8221; text_font_size=&#8221;0.9em&#8221; custom_margin=&#8221;||3px|||&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n\n<div class=\"wdt-wrapper-chart-loader\" data-id=\"63\"\n     style=\"height: 400px;\">\n    <div class=\"wdt-main-item\">\n                <div class=\"wdt-chart-animated-background\" style=\"height: 100px\">\n            <div class=\"wdt-background-masker wdt-btn-divide-left wdt-chart-one\"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-2\"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-3\"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-4 wdt-chart-three\"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-5\"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-6\"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-7 \"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-8\"><\/div>\n        <\/div>\n        <div class=\"wdt-chart-animated-background\" style=\"height: 100px\">\n            <div class=\"wdt-background-masker wdt-btn-divide-left\"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-2 wdt-chart-two\"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-3\"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-4\"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-5 wdt-chart-four\"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-6\"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-7\"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-8\"><\/div>\n        <\/div>\n        <div class=\"wdt-chart-animated-background\" style=\"height: 100px\">\n            <div class=\"wdt-background-masker wdt-btn-divide-left\"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-2\"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-3\"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-4\"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-5\"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-6 wdt-chart-five\"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-7\"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-8\"><\/div>\n        <\/div>\n        <div class=\"wdt-chart-animated-background\" style=\"height: 100px\">\n            <div class=\"wdt-background-masker wdt-btn-divide-left\"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-2\"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-3\"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-4\"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-5\"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-6\"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-7\"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-8\"><\/div>\n        <\/div>\n        <div class=\"wdt-static-background\">\n            <div class=\"wdt-background-masker\"><\/div>\n        <\/div>\n    <\/div>\n<\/div>\n<style>\n    \n<\/style>    <script type=\"text\/javascript\">\n        if (typeof (wpDataCharts) == 'undefined') wpDataCharts = {};\n        wpDataCharts[63] = {\n            render_data: {\"wdtNumberFormat\":\"2\",\"options\":{\"title\":{\"text\":\"ANZ emissions reduction target vs. clients trajectories\",\"floating\":false,\"align\":\"center\"},\"series\":[{\"type\":\"\",\"name\":\"ANZ\",\"color\":\"#0096D2\",\"label\":\"ANZ\",\"orig_header\":\"wdtcolumn4\",\"data\":[1,-2,-5,-9,-12,-16,-19,-23,-26],\"yAxis\":0},{\"type\":\"\",\"name\":\"IEA NZE 2022\",\"color\":\"#A1B93A\",\"label\":\"IEA NZE 2022\",\"orig_header\":\"ieanze2022\",\"data\":[0.01,-7,-10,-13,-16,-20,-23,-26,-29],\"yAxis\":0},{\"type\":\"\",\"name\":\"Woodside\",\"color\":\"#903E4C\",\"label\":\"Woodside\",\"orig_header\":\"totalvalueofinvestmentsinclimatewreckersindex\",\"data\":[0.01,15,23,24,28,40,null,null,null],\"yAxis\":0},{\"type\":\"\",\"name\":\"Santos\",\"color\":\"#433244\",\"label\":\"Santos\",\"orig_header\":\"wdtcolumn\",\"data\":[0.01,-8,-11,2,12,25,44,43,40],\"yAxis\":0}],\"xAxis\":{\"categories\":[\"2022\",\"2023\",\"2024\",\"2025\",\"2026\",\"2027\",\"2028\",\"2029\",\"2030\"],\"title\":{\"text\":\"Year\"},\"crosshair\":false},\"yAxis\":[{\"gridLineDashStyle\":\"solid\",\"title\":{\"text\":\"oil and gas emissions - 2022 baseline (%)\"},\"crosshair\":false},[],[],[]],\"chart\":{\"backgroundColor\":\"\",\"borderWidth\":0,\"borderColor\":\"\",\"borderRadius\":0,\"zoomType\":\"none\",\"panning\":false,\"panKey\":\"shift\",\"plotBackgroundColor\":\"\",\"plotBackgroundImage\":\"\",\"plotBorderColor\":\"\",\"plotBorderWidth\":0,\"inverted\":false},\"subtitle\":{\"text\":\"\",\"align\":\"center\"},\"tooltip\":{\"enabled\":true,\"backgroundColor\":\"rgba(255, 255, 255, 0.85)\",\"borderWidth\":\"1\",\"borderColor\":\"\",\"borderRadius\":3,\"shared\":false,\"valuePrefix\":\"\",\"valueSuffix\":\"\"},\"legend\":{\"enabled\":true,\"backgroundColor\":\"\",\"title\":{\"text\":\"\"},\"layout\":\"horizontal\",\"align\":\"center\",\"verticalAlign\":\"bottom\",\"borderWidth\":\"0\",\"borderColor\":\"\",\"borderRadius\":\"0\"},\"exporting\":{\"enabled\":false,\"chartOptions\":{\"plotOptions\":{\"series\":{\"dataLabels\":{\"enabled\":false}}}},\"filename\":\"\",\"width\":\"\",\"buttons\":{\"contextButton\":{\"align\":\"right\",\"verticalAlign\":\"top\",\"symbolStroke\":\"#666\",\"text\":\"\"}}},\"credits\":{\"enabled\":true,\"href\":\"http:\\\/\\\/www.highcharts.com\",\"text\":\"Highcharts.com\"}},\"type\":\"highcharts_line_chart\",\"height\":400},\n            engine: \"highcharts\",\n            type: \"highcharts_line_chart\",\n            title: \"ANZ emissions reduction target vs. clients trajectories\",\n            container: \"wpDataChart_63\",\n            follow_filtering: 0,\n            wpdatatable_id: 222,\n            group_chart: 0        }\n    <\/script>\n\n    <div id=\"wpDataChart_63\" class=\"highcharts_line_chart\" style=\"width: 100%\"><\/div>\n\n<p>[\/et_pb_text][et_pb_text _builder_version=&#8221;4.23&#8243; _module_preset=&#8221;default&#8221; text_font_size=&#8221;12px&#8221; text_line_height=&#8221;1.3em&#8221; text_orientation=&#8221;center&#8221; custom_margin=&#8221;||||false|false&#8221; global_colors_info=&#8221;{}&#8221;]Source: ANZ 2022 <a href=\"https:\/\/www.anz.com.au\/content\/dam\/anzcom\/shareholder\/2022-anz-climate-related-financial-disclosures-report.pdf\">TCFD Report<\/a>, Market Forces analysis of <a href=\"https:\/\/www.santos.com\/wp-content\/uploads\/2022\/11\/2022-Investor-Briefing-Day-ASX.pdf\">STO<\/a> and <a href=\"https:\/\/www.woodside.com\/docs\/default-source\/asx-announcements\/2022\/investor-briefing-day-2022.pdf?sfvrsn=bb5fa28d_9\">WDS<\/a> reporting, <a href=\"https:\/\/iea.blob.core.windows.net\/assets\/c282400e-00b0-4edf-9a8e-6f2ca6536ec8\/WorldEnergyOutlook2022.pdf\">IEA<\/a> projections are originally based on a 2021 baseline from the NZE2050 Scenario outlined in the World Energy Outlook 2022. ANZ&#8217;s projections are originally based on a 2020 baseline and the company&#8217;s 2022 reporting.[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row _builder_version=&#8221;4.20.2&#8243; _module_preset=&#8221;default&#8221; max_width=&#8221;756px&#8221; custom_padding=&#8221;20px||20px||false|false&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.20.2&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_text _builder_version=&#8221;4.20.2&#8243; _module_preset=&#8221;default&#8221; header_3_font=&#8221;Inter|800|||||||&#8221; header_3_text_color=&#8221;#131313&#8243; header_4_font=&#8221;Inter||||||||&#8221; header_4_text_color=&#8221;#131313&#8243; custom_margin=&#8221;||9px|||&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<h3>Commonwealth Bank<\/h3>\n<p>[\/et_pb_text][et_pb_text _builder_version=&#8221;4.24.3&#8243; _module_preset=&#8221;default&#8221; text_font=&#8221;|600|||||||&#8221; text_text_color=&#8221;#131313&#8243; text_font_size=&#8221;18px&#8221; text_line_height=&#8221;1.3em&#8221; header_3_font=&#8221;Inter|800|||||||&#8221; header_3_text_color=&#8221;#131313&#8243; header_4_font=&#8221;Inter|800|||||||&#8221; header_4_text_color=&#8221;#131313&#8243; custom_margin=&#8221;||9px|||&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p>Door left ajar for increasing fossil fuel lending and new projects<\/p>\n<p>[\/et_pb_text][et_pb_text _builder_version=&#8221;4.20.2&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p>Commonwealth Bank has reversed the trend observed when Market Forces first published Funding Climate Failure.<\/p>\n<p>Between 2016 and 2020, Commonwealth Bank loaned a whopping <strong>$14.2 billion<\/strong> to the fossil fuel industry, providing the most of all four banks to fossil fuel expansion projects and companies with plans consistent with the failure of the Paris Agreement.<\/p>\n<p>During 2021 and 2022, Commonwealth Bank came in as the lowest lender to the fossil fuel industry, at $1.6 billion.<\/p>\n<p>Particularly encouraging in this trend was the bank\u2019s reduction in lending to companies with expansionary plans, where Commonwealth Bank also loaned the least of the big four.<\/p>\n<p>However, Commonwealth Bank\u2019s policy leaves the door open to undoing its recent improvements, with no restrictions on corporate finance for companies expanding fossil fuels or project finance for new fossil fuel transport and processing developments.<\/p>\n<p>To find out more about CommBank visit our <a href=\"https:\/\/www.marketforces.org.au\/cba\">CommBank webpage<\/a>.<\/p>\n<p><em>*Note that the graph below is set from a 2022 baseline, whereas Commonwealth Bank&#8217;s target is set from a 2020 baseline. The reason the chart below shows Commonwealth Bank increasing its oil and gas sector financed emissions between now and 2030 is that Commonwealth Bank exceeded its 2030 target in its 2021 reporting year, and has not re-baselined to set a more ambitious target as a result. As it currently stands, Commonwealth Bank&#8217;s target would enable the bank to increase its exposure to the oil and gas sector between now and 2030.\u00a0<\/em><\/p>\n<p>[\/et_pb_text][et_pb_text _builder_version=&#8221;4.20.2&#8243; _module_preset=&#8221;default&#8221; text_font_size=&#8221;0.9em&#8221; custom_margin=&#8221;||3px|||&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p>Financed emissions targets vs. client\u2019s emissions trajectory<\/p>\n\n<div class=\"wdt-wrapper-chart-loader\" data-id=\"64\"\n     style=\"height: 400px;\">\n    <div class=\"wdt-main-item\">\n                <div class=\"wdt-chart-animated-background\" style=\"height: 100px\">\n            <div class=\"wdt-background-masker wdt-btn-divide-left wdt-chart-one\"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-2\"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-3\"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-4 wdt-chart-three\"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-5\"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-6\"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-7 \"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-8\"><\/div>\n        <\/div>\n        <div class=\"wdt-chart-animated-background\" style=\"height: 100px\">\n            <div class=\"wdt-background-masker wdt-btn-divide-left\"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-2 wdt-chart-two\"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-3\"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-4\"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-5 wdt-chart-four\"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-6\"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-7\"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-8\"><\/div>\n        <\/div>\n        <div class=\"wdt-chart-animated-background\" style=\"height: 100px\">\n            <div class=\"wdt-background-masker wdt-btn-divide-left\"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-2\"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-3\"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-4\"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-5\"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-6 wdt-chart-five\"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-7\"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-8\"><\/div>\n        <\/div>\n        <div class=\"wdt-chart-animated-background\" style=\"height: 100px\">\n            <div class=\"wdt-background-masker wdt-btn-divide-left\"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-2\"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-3\"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-4\"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-5\"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-6\"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-7\"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-8\"><\/div>\n        <\/div>\n        <div class=\"wdt-static-background\">\n            <div class=\"wdt-background-masker\"><\/div>\n        <\/div>\n    <\/div>\n<\/div>\n<style>\n    \n<\/style>    <script type=\"text\/javascript\">\n        if (typeof (wpDataCharts) == 'undefined') wpDataCharts = {};\n        wpDataCharts[64] = {\n            render_data: {\"wdtNumberFormat\":\"2\",\"options\":{\"title\":{\"text\":\"Commonwealth Bank emissions reduction target vs. clients trajectories\",\"floating\":false,\"align\":\"center\"},\"series\":[{\"type\":\"\",\"name\":\"Commonwealth Bank\",\"color\":\"#FFCC00\",\"label\":\"Commonwealth Bank\",\"orig_header\":\"wdtcolumn4\",\"data\":[1,2,3,5,7,8,10,12,13],\"yAxis\":0},{\"type\":\"\",\"name\":\"Santos\",\"color\":\"#433244\",\"label\":\"Santos\",\"orig_header\":\"wdtcolumn\",\"data\":[0.01,-8,-11,2,12,25,44,43,40],\"yAxis\":0},{\"type\":\"\",\"name\":\"IEA NZE 2022\",\"color\":\"#A1B93A\",\"label\":\"IEA NZE 2022\",\"orig_header\":\"ieanze2022\",\"data\":[0.01,-7,-10,-13,-16,-20,-23,-26,-29],\"yAxis\":0}],\"xAxis\":{\"categories\":[\"2022\",\"2023\",\"2024\",\"2025\",\"2026\",\"2027\",\"2028\",\"2029\",\"2030\"],\"title\":{\"text\":\"Year\"},\"crosshair\":false},\"yAxis\":[{\"gridLineDashStyle\":\"solid\",\"title\":{\"text\":\"oil and gas emissions - 2022 baseline (%)\"},\"crosshair\":false,\"min\":-50,\"max\":50},[],[]],\"chart\":{\"backgroundColor\":\"\",\"borderWidth\":0,\"borderColor\":\"\",\"borderRadius\":0,\"zoomType\":\"none\",\"panning\":false,\"panKey\":\"shift\",\"plotBackgroundColor\":\"\",\"plotBackgroundImage\":\"\",\"plotBorderColor\":\"\",\"plotBorderWidth\":0,\"inverted\":false},\"subtitle\":{\"text\":\"\",\"align\":\"center\"},\"tooltip\":{\"enabled\":false,\"backgroundColor\":\"rgba(255, 255, 255, 0.85)\",\"borderWidth\":\"1\",\"borderColor\":\"\",\"borderRadius\":0,\"shared\":false,\"valuePrefix\":\"\",\"valueSuffix\":\"\"},\"legend\":{\"enabled\":true,\"backgroundColor\":\"\",\"title\":{\"text\":\"\"},\"layout\":\"horizontal\",\"align\":\"center\",\"verticalAlign\":\"bottom\",\"borderWidth\":\"0\",\"borderColor\":\"\",\"borderRadius\":\"0\"},\"exporting\":{\"enabled\":false,\"chartOptions\":{\"plotOptions\":{\"series\":{\"dataLabels\":{\"enabled\":false}}}},\"filename\":\"\",\"width\":\"\",\"buttons\":{\"contextButton\":{\"align\":\"right\",\"verticalAlign\":\"top\",\"symbolStroke\":\"#666\",\"text\":\"\"}}},\"credits\":{\"enabled\":true,\"href\":\"http:\\\/\\\/www.highcharts.com\",\"text\":\"Highcharts.com\"}},\"type\":\"highcharts_line_chart\",\"height\":400},\n            engine: \"highcharts\",\n            type: \"highcharts_line_chart\",\n            title: \"Commonwealth Bank emissions reduction target vs. clients trajectories\",\n            container: \"wpDataChart_64\",\n            follow_filtering: 0,\n            wpdatatable_id: 223,\n            group_chart: 0        }\n    <\/script>\n\n    <div id=\"wpDataChart_64\" class=\"highcharts_line_chart\" style=\"width: 100%\"><\/div>\n\n<p>[\/et_pb_text][et_pb_text _builder_version=&#8221;4.20.2&#8243; _module_preset=&#8221;default&#8221; text_font_size=&#8221;12px&#8221; text_line_height=&#8221;1.3em&#8221; text_orientation=&#8221;center&#8221; custom_margin=&#8221;||||false|false&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p><em>Source: Commonwealth Bank <a href=\"https:\/\/www.commbank.com.au\/content\/dam\/commbank-assets\/about-us\/2022-08\/2022-climate-report.pdf\">2022 Climate Report<\/a>, Market Forces analysis of <a href=\"https:\/\/www.commbank.com.au\/content\/dam\/commbank-assets\/about-us\/2022-08\/2022-climate-report.pdf\">STO<\/a> reporting, <a href=\"https:\/\/iea.blob.core.windows.net\/assets\/c282400e-00b0-4edf-9a8e-6f2ca6536ec8\/WorldEnergyOutlook2022.pdf\">IEA<\/a> projections are originally <\/em><br \/><em>based on a 2021 baseline from the NZE2050 Scenario outlined in the World Energy Outlook 2022. Commonwealth Bank&#8217;s projections are originally based on a 2020 baseline and the company&#8217;s 2022 reporting.<\/em><\/p>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row _builder_version=&#8221;4.20.2&#8243; _module_preset=&#8221;default&#8221; max_width=&#8221;756px&#8221; custom_padding=&#8221;20px||20px||false|false&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.20.2&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_text _builder_version=&#8221;4.20.2&#8243; _module_preset=&#8221;default&#8221; header_3_font=&#8221;Inter|800|||||||&#8221; header_3_text_color=&#8221;#131313&#8243; header_4_font=&#8221;Inter||||||||&#8221; header_4_text_color=&#8221;#131313&#8243; custom_margin=&#8221;||9px|||&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<h3>NAB<\/h3>\n<p>[\/et_pb_text][et_pb_text _builder_version=&#8221;4.23&#8243; _module_preset=&#8221;default&#8221; text_font=&#8221;|600|||||||&#8221; text_text_color=&#8221;#131313&#8243; text_font_size=&#8221;18px&#8221; text_line_height=&#8221;1.3em&#8221; header_3_font=&#8221;Inter|800|||||||&#8221; header_3_text_color=&#8221;#131313&#8243; header_4_font=&#8221;Inter|800|||||||&#8221; header_4_text_color=&#8221;#131313&#8243; custom_margin=&#8221;||9px|||&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p>Australia\u2019s most regressive bank &#8211; a climate laggard trending backwards<\/p>\n<p>[\/et_pb_text][et_pb_text _builder_version=&#8221;4.20.2&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p>When Market Forces published Funding Climate Failure, NAB came in as a distant third behind Commonwealth Bank and ANZ for its lending to the fossil fuel industry, lending $9.5 billion between 2016-2020.<\/p>\n<p>In the last two years NAB has been <strong>Australia\u2019s second biggest backer of the fossil fuel industry<\/strong>.<\/p>\n<p>During 2021 and 2022 NAB loaned <strong>$4.5 billion<\/strong> to the fossil fuel industry, almost three times as much as Commonwealth Bank and nearly twice the finance provided by Westpac.<\/p>\n<p>NAB\u2019s lending in the past two years was on par with perennial climate laggard ANZ.<\/p>\n<p>To find out more about NAB visit our <a href=\"https:\/\/www.marketforces.org.au\/nab\">NAB webpage<\/a>.<\/p>\n<p>[\/et_pb_text][et_pb_text _builder_version=&#8221;4.20.2&#8243; _module_preset=&#8221;default&#8221; text_font_size=&#8221;0.9em&#8221; custom_margin=&#8221;||3px|||&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p>Financed emissions targets vs. client\u2019s emissions trajectory<\/p>\n\n<div class=\"wdt-wrapper-chart-loader\" data-id=\"67\"\n     style=\"height: 400px;\">\n    <div class=\"wdt-main-item\">\n                <div class=\"wdt-chart-animated-background\" style=\"height: 100px\">\n            <div class=\"wdt-background-masker wdt-btn-divide-left wdt-chart-one\"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-2\"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-3\"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-4 wdt-chart-three\"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-5\"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-6\"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-7 \"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-8\"><\/div>\n        <\/div>\n        <div class=\"wdt-chart-animated-background\" style=\"height: 100px\">\n            <div class=\"wdt-background-masker wdt-btn-divide-left\"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-2 wdt-chart-two\"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-3\"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-4\"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-5 wdt-chart-four\"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-6\"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-7\"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-8\"><\/div>\n        <\/div>\n        <div class=\"wdt-chart-animated-background\" style=\"height: 100px\">\n            <div class=\"wdt-background-masker wdt-btn-divide-left\"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-2\"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-3\"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-4\"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-5\"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-6 wdt-chart-five\"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-7\"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-8\"><\/div>\n        <\/div>\n        <div class=\"wdt-chart-animated-background\" style=\"height: 100px\">\n            <div class=\"wdt-background-masker wdt-btn-divide-left\"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-2\"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-3\"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-4\"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-5\"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-6\"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-7\"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-8\"><\/div>\n        <\/div>\n        <div class=\"wdt-static-background\">\n            <div class=\"wdt-background-masker\"><\/div>\n        <\/div>\n    <\/div>\n<\/div>\n<style>\n    \n<\/style>    <script type=\"text\/javascript\">\n        if (typeof (wpDataCharts) == 'undefined') wpDataCharts = {};\n        wpDataCharts[67] = {\n            render_data: {\"wdtNumberFormat\":\"2\",\"options\":{\"title\":{\"text\":\"NAB emissions reduction target vs. clients trajectories\",\"floating\":false,\"align\":\"center\"},\"series\":[{\"type\":\"\",\"name\":\"NAB\",\"color\":\"#AD0303\",\"label\":\"NAB\",\"orig_header\":\"wdtcolumn4\",\"data\":[0.01,-5,-7,-9,-12,-14,-16,-19,-21],\"yAxis\":0},{\"type\":\"\",\"name\":\"Santos\",\"color\":\"#433244\",\"label\":\"Santos\",\"orig_header\":\"wdtcolumn\",\"data\":[0.01,-8,-11,2,12,25,44,43,40],\"yAxis\":0},{\"type\":\"\",\"name\":\"IEA NZE 2022\",\"color\":\"#A1B93A\",\"label\":\"IEA NZE 2022\",\"orig_header\":\"ieanze2022\",\"data\":[0.01,-7,-10,-13,-16,-20,-23,-26,-29],\"yAxis\":0}],\"xAxis\":{\"categories\":[\"2022\",\"2023\",\"2024\",\"2025\",\"2026\",\"2027\",\"2028\",\"2029\",\"2030\"],\"title\":{\"text\":\"Year\"},\"crosshair\":false},\"yAxis\":[{\"gridLineDashStyle\":\"solid\",\"title\":{\"text\":\"oil and gas emissions - 2022 baseline (%)\"},\"crosshair\":false,\"min\":-50,\"max\":50},[],[]],\"chart\":{\"backgroundColor\":\"\",\"borderWidth\":0,\"borderColor\":\"\",\"borderRadius\":0,\"zoomType\":\"none\",\"panning\":false,\"panKey\":\"shift\",\"plotBackgroundColor\":\"\",\"plotBackgroundImage\":\"\",\"plotBorderColor\":\"\",\"plotBorderWidth\":0,\"inverted\":false},\"subtitle\":{\"text\":\"\",\"align\":\"center\"},\"tooltip\":{\"enabled\":false,\"backgroundColor\":\"rgba(255, 255, 255, 0.85)\",\"borderWidth\":\"1\",\"borderColor\":\"\",\"borderRadius\":0,\"shared\":false,\"valuePrefix\":\"\",\"valueSuffix\":\"\"},\"legend\":{\"enabled\":true,\"backgroundColor\":\"\",\"title\":{\"text\":\"\"},\"layout\":\"horizontal\",\"align\":\"center\",\"verticalAlign\":\"bottom\",\"borderWidth\":\"0\",\"borderColor\":\"\",\"borderRadius\":\"0\"},\"exporting\":{\"enabled\":false,\"chartOptions\":{\"plotOptions\":{\"series\":{\"dataLabels\":{\"enabled\":false}}}},\"filename\":\"\",\"width\":\"\",\"buttons\":{\"contextButton\":{\"align\":\"right\",\"verticalAlign\":\"top\",\"symbolStroke\":\"#666\",\"text\":\"\"}}},\"credits\":{\"enabled\":true,\"href\":\"http:\\\/\\\/www.highcharts.com\",\"text\":\"Highcharts.com\"}},\"type\":\"highcharts_line_chart\",\"height\":400},\n            engine: \"highcharts\",\n            type: \"highcharts_line_chart\",\n            title: \"NAB emissions reduction target vs. clients trajectories\",\n            container: \"wpDataChart_67\",\n            follow_filtering: 0,\n            wpdatatable_id: 237,\n            group_chart: 0        }\n    <\/script>\n\n    <div id=\"wpDataChart_67\" class=\"highcharts_line_chart\" style=\"width: 100%\"><\/div>\n\n<p>[\/et_pb_text][et_pb_text _builder_version=&#8221;4.20.2&#8243; _module_preset=&#8221;default&#8221; text_font_size=&#8221;0.75em&#8221; text_orientation=&#8221;center&#8221; custom_margin=&#8221;-10px|||||&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p><em>Source: NAB <a href=\"https:\/\/www.nab.com.au\/content\/dam\/nab\/documents\/reports\/corporate\/2022-climate-report.pdf\">2022 Climate Report,<\/a> Market Forces analysis of <a href=\"https:\/\/www.santos.com\/wp-content\/uploads\/2022\/11\/2022-Investor-Briefing-Day-ASX.pdf\">STO<\/a> reporting, <a href=\"https:\/\/iea.blob.core.windows.net\/assets\/c282400e-00b0-4edf-9a8e-6f2ca6536ec8\/WorldEnergyOutlook2022.pdf\">IEA<\/a> projections are originally based on a 2021 <\/em><br \/><em>baseline from the NZE2050 Scenario outlined in the World Energy Outlook 2022. NAB&#8217;s projections are originally based on a 2021 baseline and the company&#8217;s 2022 reporting.<\/em><\/p>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row _builder_version=&#8221;4.20.2&#8243; _module_preset=&#8221;default&#8221; max_width=&#8221;756px&#8221; custom_padding=&#8221;20px||20px||false|false&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.20.2&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_text _builder_version=&#8221;4.20.2&#8243; _module_preset=&#8221;default&#8221; header_3_font=&#8221;Inter|800|||||||&#8221; header_3_text_color=&#8221;#131313&#8243; header_4_font=&#8221;Inter||||||||&#8221; header_4_text_color=&#8221;#131313&#8243; custom_margin=&#8221;||9px|||&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<h3>Westpac<\/h3>\n<p>[\/et_pb_text][et_pb_text _builder_version=&#8221;4.23&#8243; _module_preset=&#8221;default&#8221; text_font=&#8221;|600|||||||&#8221; text_text_color=&#8221;#131313&#8243; text_font_size=&#8221;18px&#8221; text_line_height=&#8221;1.3em&#8221; header_3_font=&#8221;Inter|800|||||||&#8221; header_3_text_color=&#8221;#131313&#8243; header_4_font=&#8221;Inter|800|||||||&#8221; header_4_text_color=&#8221;#131313&#8243; custom_margin=&#8221;||9px|||&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p>Australia\u2019s third biggest backer of the fossil fuel industry<\/p>\n<p>[\/et_pb_text][et_pb_text _builder_version=&#8221;4.20.2&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p>Westpac is Australia\u2019s third biggest backer of the fossil fuel industry.<\/p>\n<p>Between 2016 and 2020, Westpac loaned the least to the fossil fuel industry of the big four, at $6.7 billion. It has now lost this position to Commonwealth Bank. Between 2021 and 2022, Westpac loaned $2.3 billion, compared to Commonwealth Bank at $1.6 billion.<\/p>\n<p>It is concerning that Westpac has not substantively changed its year-on-year lending to the fossil fuel industry since the signing of the Paris Agreement.<\/p>\n<p>As Commonwealth Bank has now taken legitimate steps to reduce its overall lending, Westpac cannot hide its lack of climate action any longer.<\/p>\n<p>In 2022 alone, Westpac provided finance to Woodside, Santos and to Global Infrastructure Partners in a loan that enabled Woodside to reach a final investment decision on its climate-wrecking Scarborough-Pluto 2 LNG project.<\/p>\n<p>Westpac remains exposed to Whitehaven Coal from a loan in February 2020, where it loaned $110 million. This loan is up for refinancing in July 2023.<\/p>\n<p>To find out more about Westpac visit our <a href=\"https:\/\/www.marketforces.org.au\/westpac\">Westpac webpage<\/a><\/p>\n<p>[\/et_pb_text][et_pb_text _builder_version=&#8221;4.20.2&#8243; _module_preset=&#8221;default&#8221; text_font_size=&#8221;0.9em&#8221; custom_margin=&#8221;||3px|||&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p>Financed emissions targets vs. client\u2019s emissions trajectory<\/p>\n\n<div class=\"wdt-wrapper-chart-loader\" data-id=\"68\"\n     style=\"height: 400px;\">\n    <div class=\"wdt-main-item\">\n                <div class=\"wdt-chart-animated-background\" style=\"height: 100px\">\n            <div class=\"wdt-background-masker wdt-btn-divide-left wdt-chart-one\"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-2\"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-3\"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-4 wdt-chart-three\"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-5\"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-6\"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-7 \"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-8\"><\/div>\n        <\/div>\n        <div class=\"wdt-chart-animated-background\" style=\"height: 100px\">\n            <div class=\"wdt-background-masker wdt-btn-divide-left\"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-2 wdt-chart-two\"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-3\"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-4\"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-5 wdt-chart-four\"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-6\"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-7\"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-8\"><\/div>\n        <\/div>\n        <div class=\"wdt-chart-animated-background\" style=\"height: 100px\">\n            <div class=\"wdt-background-masker wdt-btn-divide-left\"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-2\"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-3\"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-4\"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-5\"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-6 wdt-chart-five\"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-7\"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-8\"><\/div>\n        <\/div>\n        <div class=\"wdt-chart-animated-background\" style=\"height: 100px\">\n            <div class=\"wdt-background-masker wdt-btn-divide-left\"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-2\"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-3\"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-4\"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-5\"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-6\"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-7\"><\/div>\n            <div class=\"wdt-background-masker wdt-btn-divide-left-8\"><\/div>\n        <\/div>\n        <div class=\"wdt-static-background\">\n            <div class=\"wdt-background-masker\"><\/div>\n        <\/div>\n    <\/div>\n<\/div>\n<style>\n    \n<\/style>    <script type=\"text\/javascript\">\n        if (typeof (wpDataCharts) == 'undefined') wpDataCharts = {};\n        wpDataCharts[68] = {\n            render_data: {\"wdtNumberFormat\":\"2\",\"options\":{\"title\":{\"text\":\"Westpac emissions reduction target vs. clients trajectories\",\"floating\":false,\"align\":\"center\"},\"series\":[{\"type\":\"\",\"name\":\"IEA NZE 2022\",\"color\":\"#A1B93A\",\"label\":\"IEA NZE 2022\",\"orig_header\":\"ieanze2022\",\"data\":[0.01,-7,-10,-13,-16,-20,-23,-26,-29],\"yAxis\":0},{\"type\":\"\",\"name\":\"Westpac\",\"color\":\"#D5002B\",\"label\":\"Westpac\",\"orig_header\":\"wdtcolumn4\",\"data\":[0.01,-5,-7,-9,-12,-14,-16,-19,-23],\"yAxis\":0},{\"type\":\"\",\"name\":\"Santos\",\"color\":\"#433244\",\"label\":\"Santos\",\"orig_header\":\"wdtcolumn\",\"data\":[0.01,-8,-11,2,12,25,44,43,40],\"yAxis\":0},{\"type\":\"\",\"name\":\"Woodside\",\"color\":\"#903E4C\",\"label\":\"Woodside\",\"orig_header\":\"woodside\",\"data\":[0.01,15,23,24,28,40,null,null,null],\"yAxis\":0}],\"xAxis\":{\"categories\":[\"2022\",\"2023\",\"2024\",\"2025\",\"2026\",\"2027\",\"2028\",\"2029\",\"2030\"],\"title\":{\"text\":\"Year\"},\"crosshair\":false},\"yAxis\":[{\"gridLineDashStyle\":\"solid\",\"title\":{\"text\":\"oil and gas emissions - 2022 baseline (%)\"},\"crosshair\":false,\"min\":-50,\"max\":50},[],[],[]],\"chart\":{\"backgroundColor\":\"\",\"borderWidth\":0,\"borderColor\":\"\",\"borderRadius\":0,\"zoomType\":\"none\",\"panning\":false,\"panKey\":\"shift\",\"plotBackgroundColor\":\"\",\"plotBackgroundImage\":\"\",\"plotBorderColor\":\"\",\"plotBorderWidth\":0,\"inverted\":false},\"subtitle\":{\"text\":\"\",\"align\":\"center\"},\"tooltip\":{\"enabled\":false,\"backgroundColor\":\"rgba(255, 255, 255, 0.85)\",\"borderWidth\":\"1\",\"borderColor\":\"\",\"borderRadius\":0,\"shared\":false,\"valuePrefix\":\"\",\"valueSuffix\":\"\"},\"legend\":{\"enabled\":true,\"backgroundColor\":\"\",\"title\":{\"text\":\"\"},\"layout\":\"horizontal\",\"align\":\"center\",\"verticalAlign\":\"bottom\",\"borderWidth\":\"0\",\"borderColor\":\"\",\"borderRadius\":\"0\"},\"exporting\":{\"enabled\":false,\"chartOptions\":{\"plotOptions\":{\"series\":{\"dataLabels\":{\"enabled\":false}}}},\"filename\":\"\",\"width\":\"\",\"buttons\":{\"contextButton\":{\"align\":\"right\",\"verticalAlign\":\"top\",\"symbolStroke\":\"#666\",\"text\":\"\"}}},\"credits\":{\"enabled\":true,\"href\":\"http:\\\/\\\/www.highcharts.com\",\"text\":\"Highcharts.com\"}},\"type\":\"highcharts_line_chart\",\"height\":400},\n            engine: \"highcharts\",\n            type: \"highcharts_line_chart\",\n            title: \"Westpac emissions reduction target vs. clients trajectories\",\n            container: \"wpDataChart_68\",\n            follow_filtering: 0,\n            wpdatatable_id: 238,\n            group_chart: 0        }\n    <\/script>\n\n    <div id=\"wpDataChart_68\" class=\"highcharts_line_chart\" style=\"width: 100%\"><\/div>\n\n<p>[\/et_pb_text][et_pb_text _builder_version=&#8221;4.24.3&#8243; _module_preset=&#8221;default&#8221; text_font_size=&#8221;0.75em&#8221; text_line_height=&#8221;1.3em&#8221; text_orientation=&#8221;center&#8221; custom_margin=&#8221;-10px|||||&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p><em>Source: <a href=\"https:\/\/www.westpac.com.au\/content\/dam\/public\/wbc\/documents\/pdf\/aw\/ic\/Net_Zero_2030_Targets_and_Financed_Emissions_our_methodology_and_approach.pdf\">Westpac Net-Zero 2030 Targets and Financed Emissions<\/a>, Market Forces analysis of <a href=\"https:\/\/www.santos.com\/wp-content\/uploads\/2022\/11\/2022-Investor-Briefing-Day-ASX.pdf\">STO<\/a> and <a href=\"https:\/\/www.woodside.com\/docs\/default-source\/asx-announcements\/2022\/investor-briefing-day-2022.pdf?sfvrsn=bb5fa28d_9\">WDS<\/a> reporting,<a href=\"https:\/\/iea.blob.core.windows.net\/assets\/c282400e-00b0-4edf-9a8e-6f2ca6536ec8\/WorldEnergyOutlook2022.pdf\"> IEA<\/a><\/em><em>\u00a0projections are originally based on a 2021 baseline from the NZE2050 Scenario outlined in the World Energy Outlook 2022. Westpac&#8217;s projections are originally based on a 2021 baseline and the company&#8217;s 2022 reporting.<\/em><\/p>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row column_structure=&#8221;2_3,1_3&#8243; use_custom_gutter=&#8221;on&#8221; gutter_width=&#8221;2&#8243; make_equal=&#8221;on&#8221; custom_padding_last_edited=&#8221;on|phone&#8221; _builder_version=&#8221;4.20.2&#8243; _module_preset=&#8221;default&#8221; background_color=&#8221;#fafafa&#8221; width=&#8221;auto&#8221; width_tablet=&#8221;auto&#8221; width_phone=&#8221;100%&#8221; width_last_edited=&#8221;on|phone&#8221; module_alignment=&#8221;center&#8221; custom_margin=&#8221;42px|15%||15%|false|true&#8221; custom_margin_tablet=&#8221;|5%||5%|false|true&#8221; custom_margin_phone=&#8221;|0%||0%|false|true&#8221; custom_margin_last_edited=&#8221;on|tablet&#8221; custom_padding=&#8221;30px|30px|30px|30px|true|true&#8221; custom_padding_tablet=&#8221;|30px||30px|false|true&#8221; custom_padding_phone=&#8221;|20px||20px|false|true&#8221; custom_css_main_element=&#8221;display: flex;||align-items: center;||width: fit-content !important;&#8221; global_colors_info=&#8221;{}&#8221; custom_css_main_element_last_edited=&#8221;on|tablet&#8221; custom_css_main_element_phone=&#8221;display: block;||width: 100% !important;||max-width: 100% !important;&#8221; custom_css_main_element_tablet=&#8221;display: flex;||align-items: center;||width: fit-content !important;&#8221;][et_pb_column type=&#8221;2_3&#8243; _builder_version=&#8221;4.20.0&#8243; _module_preset=&#8221;default&#8221; background_color=&#8221;RGBA(255,255,255,0)&#8221; custom_padding=&#8221;||||false|false&#8221; custom_css_main_element=&#8221;display: flex;||align-items: center;&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_text _builder_version=&#8221;4.20.2&#8243; _module_preset=&#8221;default&#8221; text_font=&#8221;Poppins|600|||||||&#8221; text_line_height=&#8221;1.8em&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p>Tell your bank to stop financing companies expanding coal, oil and gas!<\/p>\n<p>[\/et_pb_text][\/et_pb_column][et_pb_column type=&#8221;1_3&#8243; _builder_version=&#8221;4.20.0&#8243; _module_preset=&#8221;default&#8221; custom_padding=&#8221;||||false|false&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_button button_url=&#8221;#take-action&#8221; button_text=&#8221;Take action&#8221; button_alignment=&#8221;center&#8221; _builder_version=&#8221;4.22.2&#8243; _module_preset=&#8221;983ed5b3-b5b6-49ee-b56b-7b0ea7d10779&#8243; custom_button=&#8221;on&#8221; button_text_size=&#8221;16px&#8221; button_text_color=&#8221;#FFFFFF&#8221; button_bg_color=&#8221;#9b0000&#8243; button_border_width=&#8221;0px&#8221; button_border_color=&#8221;RGBA(255,255,255,0)&#8221; button_border_radius=&#8221;0px&#8221; button_font=&#8221;Poppins|500|||||||&#8221; button_icon=&#8221;&#xf061;||fa||900&#8243; button_on_hover=&#8221;off&#8221; custom_padding=&#8221;20px|70px|20px|20px|true|false&#8221; custom_css_main_element=&#8221;width: fit-content !important;||display: flex;||align-items: center;&#8221; custom_css_after=&#8221;margin-left: unset !important;||    left: unset !important;||    margin-right: 0;||    right: 0;||background-color: #AF3333;||    width: 50px;||    height: 100%;||    display: flex !important;||    justify-content: center;||    align-items: center;||    top: 0;&#8221; global_colors_info=&#8221;{}&#8221; button_text_color__hover=&#8221;#FFFFFF&#8221; button_bg_color__hover_enabled=&#8221;on|hover&#8221; button_bg_color__hover=&#8221;#af3333&#8243; custom_css_after_last_edited=&#8221;off|desktop&#8221; custom_css_after__hover_enabled=&#8221;on|hover&#8221; custom_css_after__hover=&#8221;background-color: #9b0000;||color: #fff&#8221;][\/et_pb_button][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=&#8221;1&#8243; _builder_version=&#8221;4.20.2&#8243; _module_preset=&#8221;default&#8221; custom_padding=&#8221;3px|||||&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_row _builder_version=&#8221;4.20.2&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.20.2&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_toggle title=&#8221;Methodology&#8221; _builder_version=&#8221;4.20.2&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p><b>Scope<\/b><\/p>\n<p><span style=\"font-weight: 400;\">Lenders: ANZ, Commonwealth Bank, NAB and Westpac\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Assets: Fossil fuel companies, fossil fuel projects, fossil fuel commodities traders<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Fossil fuel sub-sectors: Exploration and production, processing and distribution, utilities, equipment supply to extractive industries, oil field service companies,<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Timeframe: 1 Jan 2021 &#8211; 31 Dec 2022<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Finance type: Project and corporate loans, bonds\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Transaction type: Primary, refinancing, acquisition<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Market Forces obtained primary data from finance industry databases provided by Bloomberg, IJGlobal and Refinitiv. Further primary data was sourced from company filings, reports and market disclosures. Figures were cross-referenced for consistency and verified against secondary material. This report presents a synthesis of this material.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Data presented in this report from 1 Jan 2016 &#8211; 31 Dec 2020 is unchanged from the original <\/span><a href=\"https:\/\/www.marketforces.org.au\/campaigns\/banks\/bigfourscorecard\/\"><span style=\"font-weight: 400;\">Funding Climate Failure<\/span><\/a><span style=\"font-weight: 400;\"> report published in 2021.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Some changes have been made to the methodology of reporting in this iteration. For the 2021-2022 figures, we have now tracked the bonds arranged by the banks for the fossil fuel industry, in addition to loans. As bond arrangement does not necessarily involve the banks\u2019 own capital, they have been reported separately to loans in this report.\u00a0\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">For corporate finance, we first assessed whether the loan was explicitly for fossil fuel activities and if this information was not available, apportioned the value of that loan to reflect the proportion of the company\u2019s business that is involved in the fossil fuel supply chain. We based these calculations on the company\u2019s most recent revenue information; in certain cases where this was not available, we used production or capacity instead.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Dollar values represent the sum of committed loan amounts and are presented in Australian dollars unless otherwise specified. We used exchange rates from the <\/span><a href=\"https:\/\/www.rba.gov.au\/statistics\/historical-data.html\"><span style=\"font-weight: 400;\">RBA<\/span><\/a><span style=\"font-weight: 400;\"> as of the financial close date of each deal.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">We have tried to capture as much information as possible in this study but a lack of transparency about fossil fuel lending means it will only ever be a partial picture.<\/span><\/p>\n<p><b>Exposure vs. lending\u00a0<\/b><\/p>\n<p><span style=\"font-weight: 400;\">We also present the banks\u2019 own reporting on their \u2018exposure\u2019 to fossil fuels. Their methodologies vary, but as a rule capture\u00a0 the amount of money currently \u2018on their books\u2019 to fossil fuel companies and projects. If a bank refinances a loan but maintains the amount it loaned initially, their own reported exposure would be unchanged. For example, if a bank lent $100 million to a fossil fuel company in 2020, and refinanced the loan with the same $100 million commitment in 2022, the bank\u2019s reported exposure would still be $100 million at the end of 2022.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">By contrast, we consider refinancing of existing loans to be an additional commitment of finance, and therefore the money loaned in a refinance is considered additional money; hence our methodology would in the above example report $200 million loaned by the end of 2022. We use this approach because (1) we consider each refinancing a conscious decision by a lender to continue supporting a company or project, and (2) the lending group can and often does change upon refinancing and we wanted to capture this.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">To see each bank&#8217;s reported exposure, visit their respective webpages on our website (linked above).\u00a0<\/span><\/p>\n<p><b>Classifications\u00a0<\/b><\/p>\n<p><span style=\"font-weight: 400;\">Expansionary lending: There are two ways a loan can be classified as expansionary, (1) if the loan is for the purposes of a new fossil fuel project, which includes upstream, midstream and downstream or (2) if the loan is to a company which is currently building or has plans to build new fossil fuel projects. Company filings, reports, and market disclosures, as well as data from financial sources Bloomberg, IJGlobal and Refinitiv were used to determine whether the company has plans to build new projects or increase production at existing facilities.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Corporate and project finance: Where available, market disclosures by the issuer were relied upon to determine what the proceeds would be used for. If that source was unavailable, Bloomberg, IJGlobal and Refinitiv were used as secondary sources. Occasionally a loan that was classified as \u2018corporate finance\u2019 in the original sources (for instance, for an acquisition of a stake in a new project) was reclassified as project finance due to the proceeds going exclusively to a single project.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Commodity traders: Commodity traders such as Vitol, Mercuria, and Trafigura have been included in this dataset. The reason behind this is that these companies derive a large (greater than 50%, in some cases greater than 90%) of their revenue from trading fossil fuel commodities. These commodity traders also often have offtake agreements with new fossil fuel projects &#8211; enabling the expansion of the fossil fuel industry.<\/span><\/p>\n<h5><b>Calculations and assumptions &#8211; climate impact of new fossil fuel projects<\/b><\/h5>\n<p><b>Calculations and assumptions<\/b><\/p>\n<p><b>Emissions<\/b><\/p>\n<p><span style=\"font-weight: 400;\">Due to the number of companies and new projects proposed or under development in this analysis, emissions from all companies with expansion plans were not attempted to be quantified. Instead, Market Forces has focused on the projects of the Australia \u2018climate pariah\u2019 companies listed in the report &#8211; Santos, Woodside and Whitehaven. Emissions were also calculated from projects that the banks financed directly.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Note that emissions from Whitehaven Coal\u2019s proposed projects have previously been calculated and have been published on Market Forces Whitehaven Coal <\/span><a href=\"https:\/\/www.marketforces.org.au\/campaigns\/companies\/whitehaven-coal\/\"><span style=\"font-weight: 400;\">webpage<\/span><\/a><span style=\"font-weight: 400;\">.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In calculating the emissions accounted for in this study, Market Forces has made a number of conservative assumptions. Details on how the emissions were calculated are as follows:<\/span><\/p>\n<p><span style=\"font-weight: 400;\">For each of these companies\u2019 proposed projects, Market Forces has taken projected reserves or resources disclosed by the companies themselves for each project; the source material is linked below. Market Forces then applied the relevant stationary combustion emissions factor for the fossil fuel product involved in the project. Emissions factors used are from the <\/span><a href=\"https:\/\/www.dcceew.gov.au\/sites\/default\/files\/documents\/national-greenhouse-accounts-factors-2021.pdf\"><span style=\"font-weight: 400;\">Australian Government National Greenhouse Accounts Factors<\/span><\/a><span style=\"font-weight: 400;\"> and the <\/span><a href=\"https:\/\/www.ipcc-nggip.iges.or.jp\/public\/2006gl\/pdf\/2_Volume2\/V2_2_Ch2_Stationary_Combustion.pdf\"><span style=\"font-weight: 400;\">Intergovernmental Panel on Climate Change Guidelines<\/span><\/a><span style=\"font-weight: 400;\">. Note that our estimates cover product combustion only.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">When calculating emissions from power generating units Market Forces has taken capacity factors from the <\/span><a href=\"https:\/\/www.eia.gov\/todayinenergy\/detail.php?id=48036\"><span style=\"font-weight: 400;\">US Energy Information Administration<\/span><\/a><span style=\"font-weight: 400;\"> and the <\/span><a href=\"https:\/\/aemo.com.au\/-\/media\/files\/major-publications\/isp\/2022-forecasting-assumptions-update\/2021-cost-and-technical-parameters-review_rev3-21-march-2022.pdf?la=en\"><span style=\"font-weight: 400;\">Australian Energy Market Operator<\/span><\/a><span style=\"font-weight: 400;\">.\u00a0<\/span><\/p>\n<p><b>Woodside<\/b><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"https:\/\/www.woodside.com\/docs\/default-source\/investor-documents\/major-reports-(static-pdfs)\/2022-annual-report\/annual-report-2022.pdf?sfvrsn=52bf2032_7#page=44\"><span style=\"font-weight: 400;\">Scarborough\/Pluto 2<\/span><\/a><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"https:\/\/www.woodside.com\/docs\/default-source\/our-business---documents-and-files\/senegal---documents-and-files\/sangomar-factsheet-(english).pdf\"><span style=\"font-weight: 400;\">Sangomar<\/span><\/a><span style=\"font-weight: 400;\">\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"https:\/\/web.archive.org\/web\/20230209225746\/https:\/\/www.woodside.com\/docs\/default-source\/our-business---documents-and-files\/burrup-hub---documents-and-files\/browse---documents-and-files\/proposed-browse-to-nws-project---supplement-report-to-the-draft-eis-(epbc-2018-8319).pdf?sfvrsn=231f858b_3#page=538\"><span style=\"font-weight: 400;\">Browse\/North-West Shelf<\/span><\/a><span style=\"font-weight: 400;\">\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"https:\/\/company-announcements.afr.com\/asx\/wds\/93fd6252-70f4-11ed-a7d4-365a42ebe906.pdf#page=1\"><span style=\"font-weight: 400;\">Trion<\/span><\/a><span style=\"font-weight: 400;\">\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"https:\/\/company-announcements.afr.com\/asx\/wds\/93fd6252-70f4-11ed-a7d4-365a42ebe906.pdf#page=56\"><span style=\"font-weight: 400;\">Calypso<\/span><\/a><span style=\"font-weight: 400;\">\u00a0<\/span><\/li>\n<\/ul>\n<p><b>Santos\u00a0<\/b><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"https:\/\/www.santos.com\/wp-content\/uploads\/2021\/11\/211111-Oil-Search-and-Santos-merger-update-Court-approves-distribution-of-Scheme-Booklet-and-convening-of-Scheme-Meeting.pdf#page=232\"><span style=\"font-weight: 400;\">Barossa\/Darwin LNG<\/span><\/a><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"https:\/\/majorprojects.planningportal.nsw.gov.au\/prweb\/PRRestService\/mp\/01\/getContent?AttachRef=SSD-6456%2120200929T234612.847%20GMT#page=15\"><span style=\"font-weight: 400;\">Narrabri<\/span><\/a><span style=\"font-weight: 400;\">\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"https:\/\/cdn-api.markitdigital.com\/apiman-gateway\/ASX\/asx-research\/1.0\/file\/2924-02554118-2A1391224?access_token=83ff96335c2d45a094df02a206a39ff4\"><span style=\"font-weight: 400;\">Pikka\u00a0<\/span><\/a><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"https:\/\/www.nopsema.gov.au\/sites\/default\/files\/documents\/2021-08\/A793841_0.pdf#page=349\"><span style=\"font-weight: 400;\">Dorado<\/span><\/a><span style=\"font-weight: 400;\">\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"https:\/\/www.santos.com\/wp-content\/uploads\/2021\/11\/211111-Oil-Search-and-Santos-merger-update-Court-approves-distribution-of-Scheme-Booklet-and-convening-of-Scheme-Meeting.pdf#page=446\"><span style=\"font-weight: 400;\">Papua LNG<\/span><\/a><span style=\"font-weight: 400;\">\u00a0<\/span><\/li>\n<\/ul>\n<p><b>Whitehaven\u00a0<\/b><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"https:\/\/whitehavencoal.com.au\/Documentations\/Vickery%20Extension%20Project\/Environmental%20Management,%20Monitoring%20&amp;%20Compliance\/Environmental%20Assessments\/VCM-Environmental%20Impact%20Statement-%20Section%202%20-%20Project%20Description.pdf\"><span style=\"font-weight: 400;\">Vickery coal mine<\/span><\/a><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"https:\/\/whitehavencoal.com.au\/wp-content\/uploads\/2022\/11\/01.-Winchester-South-Project-Additional-Information.pdf\"><span style=\"font-weight: 400;\">Winchester South coal mine<\/span><\/a><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"https:\/\/majorprojects.planningportal.nsw.gov.au\/prweb\/PRRestService\/mp\/01\/getContent?AttachRef=SSD-10269%2120201023T021209.256%20GMT\"><span style=\"font-weight: 400;\">Narrabri stage 3<\/span><\/a><span style=\"font-weight: 400;\">\u00a0<\/span><\/li>\n<\/ul>\n<p><b>Expansion Projects\u00a0<\/b><\/p>\n<p><a href=\"https:\/\/web.archive.org\/web\/20230515024120\/https:\/\/www.apm.org.uk\/news\/site-visit-china-light-and-power-s-clp-combined-cycle-gas-turbine-plant-ccgt-d2-project\/\"><span style=\"font-weight: 400;\">Black Point Power Station Additional Gas-Fired Unit <\/span><\/a><span style=\"font-weight: 400;\">(600MW)\u00a0<\/span><\/p>\n<p><a href=\"https:\/\/eisdocs.dsdip.qld.gov.au\/Olive%20Downs\/Draft%20EIS\/executive-summary.pdf#page=5\"><span style=\"font-weight: 400;\">Olive Downs Metallurgical Coal Mine<\/span><\/a><\/p>\n<p><a href=\"http:\/\/www.nexifenergy.com\/project\/snapper-point\/\"><span style=\"font-weight: 400;\">Snapper Point Gas-Fired Power Plant\u00a0<\/span><\/a><\/p>\n<p><a href=\"https:\/\/www.woodside.com\/docs\/default-source\/investor-documents\/major-reports-(static-pdfs)\/2022-annual-report\/annual-report-2022.pdf?sfvrsn=52bf2032_7#page=44\"><span style=\"font-weight: 400;\">Pluto LNG Train 2 <\/span><\/a><span style=\"font-weight: 400;\">(Scarborough)<\/span><\/p>\n<p>[\/et_pb_toggle][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=&#8221;1&#8243; disabled_on=&#8221;on|on|on&#8221; module_id=&#8221;section-key-findings&#8221; _builder_version=&#8221;4.20.2&#8243; _module_preset=&#8221;default&#8221; max_width=&#8221;1080px&#8221; custom_padding=&#8221;50px||30px||false|false&#8221; custom_css_main_element=&#8221;margin: auto&#8221; disabled=&#8221;on&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_row use_custom_gutter=&#8221;on&#8221; gutter_width=&#8221;1&#8243; make_equal=&#8221;on&#8221; custom_padding_last_edited=&#8221;on|phone&#8221; module_class=&#8221;suppress-group-spacing&#8221; _builder_version=&#8221;4.23&#8243; _module_preset=&#8221;default&#8221; width=&#8221;100%&#8221; custom_margin=&#8221;||||false|false&#8221; custom_padding=&#8221;50px|15%|0px|15%|false|false&#8221; custom_padding_tablet=&#8221;|10px||10px|false|true&#8221; custom_padding_phone=&#8221;|10px||10px|false|true&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.20.0&#8243; _module_preset=&#8221;default&#8221; background_color=&#8221;#f2f2f2&#8243; custom_padding=&#8221;36px|30px|36px|30px|true|true&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_text _builder_version=&#8221;4.20.0&#8243; _module_preset=&#8221;default&#8221; text_font=&#8221;Poppins||||||||&#8221; text_font_size=&#8221;12px&#8221; header_4_font=&#8221;Inter||||||||&#8221; header_4_text_color=&#8221;#131313&#8243; header_4_font_size=&#8221;24px&#8221; header_4_line_height=&#8221;1.17em&#8221; background_color=&#8221;#f2f2f2&#8243; custom_padding=&#8221;||22px||false|false&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<h4>Disclaimer<\/h4>\n<p>[\/et_pb_text][et_pb_text _builder_version=&#8221;4.20.0&#8243; _module_preset=&#8221;default&#8221; text_font=&#8221;Poppins||||||||&#8221; text_font_size=&#8221;12px&#8221; header_4_font=&#8221;Inter||||||||&#8221; header_4_text_color=&#8221;#131313&#8243; header_4_font_size=&#8221;24px&#8221; header_4_line_height=&#8221;1.17em&#8221; background_color=&#8221;#f2f2f2&#8243; custom_padding=&#8221;||||false|false&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p>The information provided by Market Forces does not constitute financial advice. The information is presented in order to inform people motivated by environmental concerns and take actions based on those concerns. Market Forces is organising data for environmental ends.<\/p>\n<p>The information and actions provided by Market Forces do not account for any individual\u2019s personal objectives, financial situation or needs. It should not be used, relied upon, or treated as a substitute for specific professional advice.<\/p>\n<p>Market Forces recommends all users obtain their own independent professional advice before making any decision relating to their particular requirements or circumstances. Switching super funds may have unintended financial consequences.<\/p>\n<p>For more information about Market Forces, please visit the <a href=\"https:\/\/www.marketforces.org.au\/about-us\/\" target=\"_blank\" rel=\"noopener\" title=\"about page\">about page<\/a> of the site.<\/p>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=&#8221;1&#8243; custom_padding_last_edited=&#8221;on|phone&#8221; admin_label=&#8221;Join us&#8221; module_class=&#8221;join-us-bottom&#8221; _builder_version=&#8221;4.23&#8243; _module_preset=&#8221;default&#8221; background_enable_color=&#8221;off&#8221; width_tablet=&#8221;100%&#8221; width_phone=&#8221;100%&#8221; width_last_edited=&#8221;on|phone&#8221; custom_margin=&#8221;0px|0px||0px|false|false&#8221; custom_padding=&#8221;20px||60px||false|false&#8221; custom_padding_tablet=&#8221;82px||73px||false|false&#8221; custom_padding_phone=&#8221;0px|0px||0px|false|false&#8221; bottom_divider_color=&#8221;#fafafa&#8221; bottom_divider_height=&#8221;37px&#8221; bottom_divider_flip=&#8221;horizontal|vertical&#8221; global_module=&#8221;72943&#8243; global_colors_info=&#8221;{}&#8221;][et_pb_row column_structure=&#8221;2_5,3_5&#8243; make_equal=&#8221;on&#8221; _builder_version=&#8221;4.22.2&#8243; _module_preset=&#8221;default&#8221; background_color=&#8221;#131313&#8243; width=&#8221;1180px&#8221; width_tablet=&#8221;1180px&#8221; width_phone=&#8221;1180px&#8221; width_last_edited=&#8221;on|desktop&#8221; max_width=&#8221;1180px&#8221; module_alignment=&#8221;center&#8221; custom_margin=&#8221;|auto||auto|false|false&#8221; custom_margin_tablet=&#8221;|auto||auto|false|false&#8221; custom_margin_phone=&#8221;|0px||0px|false|false&#8221; custom_margin_last_edited=&#8221;on|tablet&#8221; custom_padding=&#8221;33px|51px|47px|51px|false|false&#8221; custom_css_main_element=&#8221;max-width: 100% !important;&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;2_5&#8243; _builder_version=&#8221;4.18.1&#8243; _module_preset=&#8221;default&#8221; custom_css_main_element=&#8221;margin: auto;&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_text _builder_version=&#8221;4.22.2&#8243; _module_preset=&#8221;default&#8221; header_3_font=&#8221;Inter|800|||||||&#8221; header_3_text_color=&#8221;#FFFFFF&#8221; header_3_font_size=&#8221;28px&#8221; header_3_line_height=&#8221;1.21em&#8221; custom_margin=&#8221;||17px||false|false&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<h3><span>Join us<\/span><\/h3>\n<p>[\/et_pb_text][et_pb_text _builder_version=&#8221;4.18.1&#8243; _module_preset=&#8221;default&#8221; text_font=&#8221;|600|||||||&#8221; text_text_color=&#8221;#FFFFFF&#8221; text_line_height=&#8221;1.5em&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p>Subscribe for email updates: be part of the movement taking action to protect our climate.<\/p>\n<p>[\/et_pb_text][\/et_pb_column][et_pb_column type=&#8221;3_5&#8243; _builder_version=&#8221;4.18.1&#8243; _module_preset=&#8221;default&#8221; custom_css_main_element=&#8221;margin: auto;\t&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_code _builder_version=&#8221;4.18.1&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;]\n                <div class='gf_browser_unknown gform_wrapper gravity-theme gform-theme--no-framework mf-gf-dark_wrapper' data-form-theme='gravity-theme' data-form-index='0' id='gform_wrapper_558' >\n                        <div class='gform_heading'>\n                            <p class='gform_description'><\/p>\n                        <\/div><form method='post' enctype='multipart\/form-data'  id='gform_558' class='mf-gf-dark' action='\/wp-json\/wp\/v2\/pages\/69731' data-formid='558' novalidate><div class='gf_invisible ginput_recaptchav3' data-sitekey='6LdpG74bAAAAAAfG76zCHaW_pwUx9zp9bP05qG2y' data-tabindex='0'><input id=\"input_c8578219aefa524a8dd2cd4a3e94c2b3\" class=\"gfield_recaptcha_response\" type=\"hidden\" name=\"input_c8578219aefa524a8dd2cd4a3e94c2b3\" value=\"\"\/><\/div>\n                        <div class='gform-body gform_body'><div id='gform_fields_558' class='gform_fields top_label form_sublabel_below description_below validation_below'><fieldset id=\"field_558_1\" class=\"gfield gfield--type-name gfield--input-type-name text_16pt gfield_contains_required field_sublabel_hidden_label gfield--no-description field_description_below field_validation_below gfield_visibility_visible\"  ><legend class='gfield_label gform-field-label gfield_label_before_complex' >First name<span class=\"gfield_required\"><span class=\"gfield_required gfield_required_text\">(Required)<\/span><\/span><\/legend><div class='ginput_complex ginput_container ginput_container--name no_prefix has_first_name no_middle_name no_last_name no_suffix gf_name_has_1 ginput_container_name gform-grid-row' id='input_558_1'>\n                            \n                            <span id='input_558_1_3_container' class='name_first gform-grid-col gform-grid-col--size-auto' >\n                                                    <input type='text' name='input_1.3' id='input_558_1_3' value=''   aria-required='true'     \/>\n                                                    <label for='input_558_1_3' class='gform-field-label gform-field-label--type-sub hidden_sub_label screen-reader-text'>First<\/label>\n                                                <\/span>\n                            \n                            \n                            \n                        <\/div><\/fieldset><div id=\"field_558_2\" class=\"gfield gfield--type-email gfield--input-type-email gfield--width-full text_16pt gfield_contains_required field_sublabel_below gfield--no-description field_description_below field_validation_below gfield_visibility_visible\"  ><label class='gfield_label gform-field-label' for='input_558_2'>Email<span class=\"gfield_required\"><span class=\"gfield_required gfield_required_text\">(Required)<\/span><\/span><\/label><div class='ginput_container ginput_container_email'>\n                            <input name='input_2' id='input_558_2' type='email' value='' class='large'    aria-required=\"true\" aria-invalid=\"false\"  \/>\n                        <\/div><\/div><fieldset id=\"field_558_3\" class=\"gfield gfield--type-address gfield--input-type-address gfield--width-full gfield_contains_required field_sublabel_hidden_label gfield--no-description field_description_below field_validation_below gfield_visibility_visible\"  ><legend class='gfield_label gform-field-label gfield_label_before_complex' >Country<span class=\"gfield_required\"><span class=\"gfield_required gfield_required_text\">(Required)<\/span><\/span><\/legend>    \n                    <div class='ginput_complex ginput_container has_country ginput_container_address gform-grid-row' id='input_558_3' >\n                        <input type='hidden' class='gform_hidden' name='input_3.4' id='input_558_3_4' value=''\/><span class='ginput_left address_country ginput_address_country gform-grid-col' id='input_558_3_6_container' >\n                                        <select name='input_3.6' id='input_558_3_6'   aria-required='true'    ><option value='' ><\/option><option value='Afghanistan' >Afghanistan<\/option><option value='Albania' >Albania<\/option><option value='Algeria' >Algeria<\/option><option value='American Samoa' >American Samoa<\/option><option value='Andorra' >Andorra<\/option><option value='Angola' >Angola<\/option><option value='Anguilla' >Anguilla<\/option><option value='Antarctica' >Antarctica<\/option><option value='Antigua and Barbuda' >Antigua and Barbuda<\/option><option value='Argentina' >Argentina<\/option><option value='Armenia' >Armenia<\/option><option value='Aruba' >Aruba<\/option><option value='Australia' selected='selected'>Australia<\/option><option value='Austria' >Austria<\/option><option value='Azerbaijan' >Azerbaijan<\/option><option value='Bahamas' >Bahamas<\/option><option value='Bahrain' >Bahrain<\/option><option value='Bangladesh' >Bangladesh<\/option><option value='Barbados' >Barbados<\/option><option value='Belarus' >Belarus<\/option><option value='Belgium' >Belgium<\/option><option value='Belize' >Belize<\/option><option value='Benin' >Benin<\/option><option value='Bermuda' >Bermuda<\/option><option value='Bhutan' >Bhutan<\/option><option value='Bolivia' >Bolivia<\/option><option value='Bonaire, Sint Eustatius and Saba' >Bonaire, Sint Eustatius and Saba<\/option><option value='Bosnia and Herzegovina' >Bosnia and Herzegovina<\/option><option value='Botswana' >Botswana<\/option><option value='Bouvet Island' >Bouvet Island<\/option><option value='Brazil' >Brazil<\/option><option value='British Indian Ocean Territory' >British Indian Ocean Territory<\/option><option value='Brunei Darussalam' >Brunei Darussalam<\/option><option value='Bulgaria' >Bulgaria<\/option><option value='Burkina Faso' >Burkina Faso<\/option><option value='Burundi' >Burundi<\/option><option value='Cambodia' >Cambodia<\/option><option value='Cameroon' >Cameroon<\/option><option value='Canada' >Canada<\/option><option value='Cape Verde' >Cape Verde<\/option><option value='Cayman Islands' >Cayman Islands<\/option><option value='Central African Republic' >Central African Republic<\/option><option value='Chad' >Chad<\/option><option value='Chile' >Chile<\/option><option value='China' >China<\/option><option value='Christmas Island' >Christmas Island<\/option><option value='Cocos Islands' >Cocos Islands<\/option><option value='Colombia' >Colombia<\/option><option value='Comoros' >Comoros<\/option><option value='Congo' >Congo<\/option><option value='Congo, Democratic Republic of the' >Congo, Democratic Republic of the<\/option><option value='Cook Islands' >Cook Islands<\/option><option value='Costa Rica' >Costa Rica<\/option><option value='Croatia' >Croatia<\/option><option value='Cuba' >Cuba<\/option><option value='Cura\u00e7ao' >Cura\u00e7ao<\/option><option value='Cyprus' >Cyprus<\/option><option value='Czechia' >Czechia<\/option><option value='C\u00f4te d&#039;Ivoire' >C\u00f4te d&#039;Ivoire<\/option><option value='Denmark' >Denmark<\/option><option value='Djibouti' >Djibouti<\/option><option value='Dominica' >Dominica<\/option><option value='Dominican Republic' >Dominican Republic<\/option><option value='Ecuador' >Ecuador<\/option><option value='Egypt' >Egypt<\/option><option value='El Salvador' >El Salvador<\/option><option value='Equatorial Guinea' >Equatorial Guinea<\/option><option value='Eritrea' >Eritrea<\/option><option value='Estonia' >Estonia<\/option><option value='Eswatini' >Eswatini<\/option><option value='Ethiopia' >Ethiopia<\/option><option value='Falkland Islands' >Falkland Islands<\/option><option value='Faroe Islands' >Faroe Islands<\/option><option value='Fiji' >Fiji<\/option><option value='Finland' >Finland<\/option><option value='France' >France<\/option><option value='French Guiana' >French Guiana<\/option><option value='French Polynesia' >French Polynesia<\/option><option value='French Southern Territories' >French Southern Territories<\/option><option value='Gabon' >Gabon<\/option><option value='Gambia' >Gambia<\/option><option value='Georgia' >Georgia<\/option><option value='Germany' >Germany<\/option><option value='Ghana' >Ghana<\/option><option value='Gibraltar' >Gibraltar<\/option><option value='Greece' >Greece<\/option><option value='Greenland' >Greenland<\/option><option value='Grenada' >Grenada<\/option><option value='Guadeloupe' >Guadeloupe<\/option><option value='Guam' >Guam<\/option><option value='Guatemala' >Guatemala<\/option><option value='Guernsey' >Guernsey<\/option><option value='Guinea' >Guinea<\/option><option value='Guinea-Bissau' >Guinea-Bissau<\/option><option value='Guyana' >Guyana<\/option><option value='Haiti' >Haiti<\/option><option value='Heard Island and McDonald Islands' >Heard Island and McDonald Islands<\/option><option value='Holy See' >Holy See<\/option><option value='Honduras' >Honduras<\/option><option value='Hong Kong' >Hong Kong<\/option><option value='Hungary' >Hungary<\/option><option value='Iceland' >Iceland<\/option><option value='India' >India<\/option><option value='Indonesia' >Indonesia<\/option><option value='Iran' >Iran<\/option><option value='Iraq' >Iraq<\/option><option value='Ireland' >Ireland<\/option><option value='Isle of Man' >Isle of Man<\/option><option value='Israel' >Israel<\/option><option value='Italy' >Italy<\/option><option value='Jamaica' >Jamaica<\/option><option value='Japan' >Japan<\/option><option value='Jersey' >Jersey<\/option><option value='Jordan' >Jordan<\/option><option value='Kazakhstan' >Kazakhstan<\/option><option value='Kenya' >Kenya<\/option><option value='Kiribati' >Kiribati<\/option><option value='Korea, Democratic People&#039;s Republic of' >Korea, Democratic People&#039;s Republic of<\/option><option value='Korea, Republic of' >Korea, Republic of<\/option><option value='Kuwait' >Kuwait<\/option><option value='Kyrgyzstan' >Kyrgyzstan<\/option><option value='Lao People&#039;s Democratic Republic' >Lao People&#039;s Democratic Republic<\/option><option value='Latvia' >Latvia<\/option><option value='Lebanon' >Lebanon<\/option><option value='Lesotho' >Lesotho<\/option><option value='Liberia' >Liberia<\/option><option value='Libya' >Libya<\/option><option value='Liechtenstein' >Liechtenstein<\/option><option value='Lithuania' >Lithuania<\/option><option value='Luxembourg' >Luxembourg<\/option><option value='Macao' >Macao<\/option><option value='Madagascar' >Madagascar<\/option><option value='Malawi' >Malawi<\/option><option value='Malaysia' >Malaysia<\/option><option value='Maldives' >Maldives<\/option><option value='Mali' >Mali<\/option><option value='Malta' >Malta<\/option><option value='Marshall Islands' >Marshall Islands<\/option><option value='Martinique' >Martinique<\/option><option value='Mauritania' >Mauritania<\/option><option value='Mauritius' >Mauritius<\/option><option value='Mayotte' >Mayotte<\/option><option value='Mexico' >Mexico<\/option><option value='Micronesia' >Micronesia<\/option><option value='Moldova' >Moldova<\/option><option value='Monaco' >Monaco<\/option><option value='Mongolia' >Mongolia<\/option><option value='Montenegro' >Montenegro<\/option><option value='Montserrat' >Montserrat<\/option><option value='Morocco' >Morocco<\/option><option value='Mozambique' >Mozambique<\/option><option value='Myanmar' >Myanmar<\/option><option value='Namibia' >Namibia<\/option><option value='Nauru' >Nauru<\/option><option value='Nepal' >Nepal<\/option><option value='Netherlands' >Netherlands<\/option><option value='New Caledonia' >New Caledonia<\/option><option value='New Zealand' >New Zealand<\/option><option value='Nicaragua' >Nicaragua<\/option><option value='Niger' >Niger<\/option><option value='Nigeria' >Nigeria<\/option><option value='Niue' >Niue<\/option><option value='Norfolk Island' >Norfolk Island<\/option><option value='North Macedonia' >North Macedonia<\/option><option value='Northern Mariana Islands' >Northern Mariana Islands<\/option><option value='Norway' >Norway<\/option><option value='Oman' >Oman<\/option><option value='Pakistan' >Pakistan<\/option><option value='Palau' >Palau<\/option><option value='Palestine, State of' >Palestine, State of<\/option><option value='Panama' >Panama<\/option><option value='Papua New Guinea' >Papua New Guinea<\/option><option value='Paraguay' >Paraguay<\/option><option value='Peru' >Peru<\/option><option value='Philippines' >Philippines<\/option><option value='Pitcairn' >Pitcairn<\/option><option value='Poland' >Poland<\/option><option value='Portugal' >Portugal<\/option><option value='Puerto Rico' >Puerto Rico<\/option><option value='Qatar' >Qatar<\/option><option value='Romania' >Romania<\/option><option value='Russian Federation' >Russian Federation<\/option><option value='Rwanda' >Rwanda<\/option><option value='R\u00e9union' >R\u00e9union<\/option><option value='Saint Barth\u00e9lemy' >Saint Barth\u00e9lemy<\/option><option value='Saint Helena, Ascension and Tristan da Cunha' >Saint Helena, Ascension and Tristan da Cunha<\/option><option value='Saint Kitts and Nevis' >Saint Kitts and Nevis<\/option><option value='Saint Lucia' >Saint Lucia<\/option><option value='Saint Martin' >Saint Martin<\/option><option value='Saint Pierre and Miquelon' >Saint Pierre and Miquelon<\/option><option value='Saint Vincent and the Grenadines' >Saint Vincent and the Grenadines<\/option><option value='Samoa' >Samoa<\/option><option value='San Marino' >San Marino<\/option><option value='Sao Tome and Principe' >Sao Tome and Principe<\/option><option value='Saudi Arabia' >Saudi Arabia<\/option><option value='Senegal' >Senegal<\/option><option value='Serbia' >Serbia<\/option><option value='Seychelles' >Seychelles<\/option><option value='Sierra Leone' >Sierra Leone<\/option><option value='Singapore' >Singapore<\/option><option value='Sint Maarten' >Sint Maarten<\/option><option value='Slovakia' >Slovakia<\/option><option value='Slovenia' >Slovenia<\/option><option value='Solomon Islands' >Solomon Islands<\/option><option value='Somalia' >Somalia<\/option><option value='South Africa' >South Africa<\/option><option value='South Georgia and the South Sandwich Islands' >South Georgia and the South Sandwich Islands<\/option><option value='South Sudan' >South Sudan<\/option><option value='Spain' >Spain<\/option><option value='Sri Lanka' >Sri Lanka<\/option><option value='Sudan' >Sudan<\/option><option value='Suriname' >Suriname<\/option><option value='Svalbard and Jan Mayen' >Svalbard and Jan Mayen<\/option><option value='Sweden' >Sweden<\/option><option value='Switzerland' >Switzerland<\/option><option value='Syria Arab Republic' >Syria Arab Republic<\/option><option value='Taiwan' >Taiwan<\/option><option value='Tajikistan' >Tajikistan<\/option><option value='Tanzania, the United Republic of' >Tanzania, the United Republic of<\/option><option value='Thailand' >Thailand<\/option><option value='Timor-Leste' >Timor-Leste<\/option><option value='Togo' >Togo<\/option><option value='Tokelau' >Tokelau<\/option><option value='Tonga' >Tonga<\/option><option value='Trinidad and Tobago' >Trinidad and Tobago<\/option><option value='Tunisia' >Tunisia<\/option><option value='Turkmenistan' >Turkmenistan<\/option><option value='Turks and Caicos Islands' >Turks and Caicos Islands<\/option><option value='Tuvalu' >Tuvalu<\/option><option value='T\u00fcrkiye' >T\u00fcrkiye<\/option><option value='US Minor Outlying Islands' >US Minor Outlying Islands<\/option><option value='Uganda' >Uganda<\/option><option value='Ukraine' >Ukraine<\/option><option value='United Arab Emirates' >United Arab Emirates<\/option><option value='United Kingdom' >United Kingdom<\/option><option value='United States' >United States<\/option><option value='Uruguay' >Uruguay<\/option><option value='Uzbekistan' >Uzbekistan<\/option><option value='Vanuatu' >Vanuatu<\/option><option value='Venezuela' >Venezuela<\/option><option value='Viet Nam' >Viet Nam<\/option><option value='Virgin Islands, British' >Virgin Islands, British<\/option><option value='Virgin Islands, U.S.' >Virgin Islands, U.S.<\/option><option value='Wallis and Futuna' >Wallis and Futuna<\/option><option value='Western Sahara' >Western Sahara<\/option><option value='Yemen' >Yemen<\/option><option value='Zambia' >Zambia<\/option><option value='Zimbabwe' >Zimbabwe<\/option><option value='\u00c5land Islands' >\u00c5land Islands<\/option><\/select>\n                                        <label for='input_558_3_6' id='input_558_3_6_label' class='gform-field-label gform-field-label--type-sub hidden_sub_label screen-reader-text'>Country<\/label>\n                                    <\/span>\n                    <div class='gf_clear gf_clear_complex'><\/div>\n                <\/div><\/fieldset><\/div><\/div>\n        <div class='gform-footer gform_footer top_label'> <input type='submit' id='gform_submit_button_558' class='gform_button button' onclick='gform.submission.handleButtonClick(this);' data-submission-type='submit' value='I&#039;m in!'  \/> \n            <input type='hidden' class='gform_hidden' name='gform_submission_method' data-js='gform_submission_method_558' value='postback' \/>\n            <input type='hidden' class='gform_hidden' name='gform_theme' data-js='gform_theme_558' id='gform_theme_558' value='gravity-theme' \/>\n            <input type='hidden' class='gform_hidden' name='gform_style_settings' data-js='gform_style_settings_558' id='gform_style_settings_558' value='[]' \/>\n            <input type='hidden' class='gform_hidden' name='is_submit_558' value='1' \/>\n            <input type='hidden' class='gform_hidden' name='gform_submit' value='558' \/>\n            \n            <input type='hidden' class='gform_hidden' name='gform_currency' data-currency='AUD' value='mNlXLH2IIn+XM4p1xGOxMl639GF4VoH8L0MjQUWBqCUUwPeu4myLx3lOfg2OaS+ZpFxsvzg9baDkND8QFu5tbVJvAmN111Siby1KCUI5jFNHgas=' \/>\n            <input type='hidden' class='gform_hidden' name='gform_unique_id' value='' \/>\n            <input type='hidden' class='gform_hidden' name='state_558' value='WyJbXSIsIjYzYjEzY2E5ZGJhZWQ5NWVjMDAyMWUzMDg1NzdjZmQxIl0=' \/>\n            <input type='hidden' autocomplete='off' class='gform_hidden' name='gform_target_page_number_558' id='gform_target_page_number_558' value='0' \/>\n            <input type='hidden' autocomplete='off' class='gform_hidden' name='gform_source_page_number_558' id='gform_source_page_number_558' value='1' \/>\n            <input type='hidden' name='gform_field_values' value='' \/>\n            \n        <\/div>\n                        <\/form>\n                        <\/div><script type=\"text\/javascript\">\n\/* <![CDATA[ *\/\n gform.initializeOnLoaded( function() {gformInitSpinner( 558, 'https:\/\/www.marketforces.org.au\/wp-content\/plugins\/gravityforms\/images\/spinner.svg', true );jQuery('#gform_ajax_frame_558').on('load',function(){var contents = jQuery(this).contents().find('*').html();var is_postback = contents.indexOf('GF_AJAX_POSTBACK') >= 0;if(!is_postback){return;}var form_content = jQuery(this).contents().find('#gform_wrapper_558');var is_confirmation = jQuery(this).contents().find('#gform_confirmation_wrapper_558').length > 0;var is_redirect = contents.indexOf('gformRedirect(){') >= 0;var is_form = form_content.length > 0 && ! is_redirect && ! is_confirmation;var mt = parseInt(jQuery('html').css('margin-top'), 10) + parseInt(jQuery('body').css('margin-top'), 10) + 100;if(is_form){jQuery('#gform_wrapper_558').html(form_content.html());if(form_content.hasClass('gform_validation_error')){jQuery('#gform_wrapper_558').addClass('gform_validation_error');} else {jQuery('#gform_wrapper_558').removeClass('gform_validation_error');}setTimeout( function() { \/* delay the scroll by 50 milliseconds to fix a bug in chrome *\/  }, 50 );if(window['gformInitDatepicker']) {gformInitDatepicker();}if(window['gformInitPriceFields']) {gformInitPriceFields();}var current_page = jQuery('#gform_source_page_number_558').val();gformInitSpinner( 558, 'https:\/\/www.marketforces.org.au\/wp-content\/plugins\/gravityforms\/images\/spinner.svg', true );jQuery(document).trigger('gform_page_loaded', [558, current_page]);window['gf_submitting_558'] = false;}else if(!is_redirect){var confirmation_content = jQuery(this).contents().find('.GF_AJAX_POSTBACK').html();if(!confirmation_content){confirmation_content = contents;}jQuery('#gform_wrapper_558').replaceWith(confirmation_content);jQuery(document).trigger('gform_confirmation_loaded', [558]);window['gf_submitting_558'] = false;wp.a11y.speak(jQuery('#gform_confirmation_message_558').text());}else{jQuery('#gform_558').append(contents);if(window['gformRedirect']) {gformRedirect();}}jQuery(document).trigger(\"gform_pre_post_render\", [{ formId: \"558\", currentPage: \"current_page\", abort: function() { this.preventDefault(); } }]);        if (event && event.defaultPrevented) {                return;        }        const gformWrapperDiv = document.getElementById( \"gform_wrapper_558\" );        if ( gformWrapperDiv ) {            const visibilitySpan = document.createElement( \"span\" );            visibilitySpan.id = \"gform_visibility_test_558\";            gformWrapperDiv.insertAdjacentElement( \"afterend\", visibilitySpan );        }        const visibilityTestDiv = document.getElementById( \"gform_visibility_test_558\" );        let postRenderFired = false;        function triggerPostRender() {            if ( postRenderFired ) {                return;            }            postRenderFired = true;            gform.core.triggerPostRenderEvents( 558, current_page );            if ( visibilityTestDiv ) {                visibilityTestDiv.parentNode.removeChild( visibilityTestDiv );            }        }        function debounce( func, wait, immediate ) {            var timeout;            return function() {                var context = this, args = arguments;                var later = function() {                    timeout = null;                    if ( !immediate ) func.apply( context, args );                };                var callNow = immediate && !timeout;                clearTimeout( timeout );                timeout = setTimeout( later, wait );                if ( callNow ) func.apply( context, args );            };        }        const debouncedTriggerPostRender = debounce( function() {            triggerPostRender();        }, 200 );        if ( visibilityTestDiv && visibilityTestDiv.offsetParent === null ) {            const observer = new MutationObserver( ( mutations ) => {                mutations.forEach( ( mutation ) => {                    if ( mutation.type === 'attributes' && visibilityTestDiv.offsetParent !== null ) {                        debouncedTriggerPostRender();                        observer.disconnect();                    }                });            });            observer.observe( document.body, {                attributes: true,                childList: false,                subtree: true,                attributeFilter: [ 'style', 'class' ],            });        } else {            triggerPostRender();        }    } );} ); \n\/* ]]> *\/\n<\/script>\n[\/et_pb_code][\/et_pb_column][\/et_pb_row][\/et_pb_section]<\/p>\n","protected":false},"excerpt":{"rendered":"<p><span><span><a href=\"https:\/\/www.marketforces.org.au\/\">Home<\/a><\/span><\/span>ARCHIVEDThis report has been replaced with an updated version. See the new Banking Climate Failure report here.REPORTBanking Climate FailureHow Australia\u2019s big four banks are still funding new fossil fuelsExecutive SummaryBanking Climate Failure examines how Australia\u2019s big four banks have been using smoke and mirrors to continue funding new fossil fuel developments, locking in decades of [&hellip;]<\/p>\n","protected":false},"author":76,"featured_media":70283,"parent":42489,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_acf_changed":false,"_et_pb_use_builder":"on","_et_pb_old_content":"","_et_gb_content_width":"","inline_featured_image":false,"footnotes":""},"class_list":["post-69731","page","type-page","status-publish","has-post-thumbnail","hentry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Banking Climate Failure 2023 - Market Forces<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketforces.org.au\/campaigns\/banks\/banking-climate-failure-2023\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Banking Climate Failure 2023 - Market Forces\" \/>\n<meta property=\"og:description\" content=\"ARCHIVEDThis report has been replaced with an updated version. See the new Banking Climate Failure report here.REPORTBanking Climate FailureHow Australia\u2019s big four banks are still funding new fossil fuelsExecutive SummaryBanking Climate Failure examines how Australia\u2019s big four banks have been using smoke and mirrors to continue funding new fossil fuel developments, locking in decades of [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketforces.org.au\/campaigns\/banks\/banking-climate-failure-2023\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Forces\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/MarketForces\" \/>\n<meta property=\"article:modified_time\" content=\"2024-07-15T23:13:16+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.marketforces.org.au\/wp-content\/uploads\/2023\/05\/Banking-Climate-Failure-2023-banks-lending-since-2016.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1600\" \/>\n\t<meta property=\"og:image:height\" content=\"900\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/www.marketforces.org.au\/wp-content\/uploads\/2023\/05\/Banking-Climate-Failure-2023-banks-lending-since-2016.jpg\" \/>\n<meta name=\"twitter:site\" content=\"@market_forces\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"16 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketforces.org.au\\\/campaigns\\\/banks\\\/banking-climate-failure-2023\\\/\",\"url\":\"https:\\\/\\\/www.marketforces.org.au\\\/campaigns\\\/banks\\\/banking-climate-failure-2023\\\/\",\"name\":\"Banking Climate Failure 2023 - Market Forces\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketforces.org.au\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.marketforces.org.au\\\/campaigns\\\/banks\\\/banking-climate-failure-2023\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.marketforces.org.au\\\/campaigns\\\/banks\\\/banking-climate-failure-2023\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.marketforces.org.au\\\/wp-content\\\/uploads\\\/2023\\\/05\\\/Banking-Climate-Failure-2023-banks-lending-since-2016.jpg\",\"datePublished\":\"2023-05-16T07:05:53+00:00\",\"dateModified\":\"2024-07-15T23:13:16+00:00\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.marketforces.org.au\\\/campaigns\\\/banks\\\/banking-climate-failure-2023\\\/#breadcrumb\"},\"inLanguage\":\"en-AU\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.marketforces.org.au\\\/campaigns\\\/banks\\\/banking-climate-failure-2023\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-AU\",\"@id\":\"https:\\\/\\\/www.marketforces.org.au\\\/campaigns\\\/banks\\\/banking-climate-failure-2023\\\/#primaryimage\",\"url\":\"https:\\\/\\\/www.marketforces.org.au\\\/wp-content\\\/uploads\\\/2023\\\/05\\\/Banking-Climate-Failure-2023-banks-lending-since-2016.jpg\",\"contentUrl\":\"https:\\\/\\\/www.marketforces.org.au\\\/wp-content\\\/uploads\\\/2023\\\/05\\\/Banking-Climate-Failure-2023-banks-lending-since-2016.jpg\",\"width\":1600,\"height\":900,\"caption\":\"Banking Climate Failure 2023 - banks lending since 2016\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.marketforces.org.au\\\/campaigns\\\/banks\\\/banking-climate-failure-2023\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.marketforces.org.au\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Campaigns\",\"item\":\"https:\\\/\\\/www.marketforces.org.au\\\/campaigns\\\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"Banks\",\"item\":\"https:\\\/\\\/www.marketforces.org.au\\\/campaigns\\\/banks\\\/\"},{\"@type\":\"ListItem\",\"position\":4,\"name\":\"Banking Climate Failure 2023\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.marketforces.org.au\\\/#website\",\"url\":\"https:\\\/\\\/www.marketforces.org.au\\\/\",\"name\":\"Market Forces\",\"description\":\"Your money as a force for good\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.marketforces.org.au\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-AU\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Banking Climate Failure 2023 - Market Forces","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketforces.org.au\/campaigns\/banks\/banking-climate-failure-2023\/","og_locale":"en_US","og_type":"article","og_title":"Banking Climate Failure 2023 - Market Forces","og_description":"ARCHIVEDThis report has been replaced with an updated version. See the new Banking Climate Failure report here.REPORTBanking Climate FailureHow Australia\u2019s big four banks are still funding new fossil fuelsExecutive SummaryBanking Climate Failure examines how Australia\u2019s big four banks have been using smoke and mirrors to continue funding new fossil fuel developments, locking in decades of [&hellip;]","og_url":"https:\/\/www.marketforces.org.au\/campaigns\/banks\/banking-climate-failure-2023\/","og_site_name":"Market Forces","article_publisher":"https:\/\/www.facebook.com\/MarketForces","article_modified_time":"2024-07-15T23:13:16+00:00","og_image":[{"width":1600,"height":900,"url":"https:\/\/www.marketforces.org.au\/wp-content\/uploads\/2023\/05\/Banking-Climate-Failure-2023-banks-lending-since-2016.jpg","type":"image\/jpeg"}],"twitter_card":"summary_large_image","twitter_image":"https:\/\/www.marketforces.org.au\/wp-content\/uploads\/2023\/05\/Banking-Climate-Failure-2023-banks-lending-since-2016.jpg","twitter_site":"@market_forces","twitter_misc":{"Est. reading time":"16 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.marketforces.org.au\/campaigns\/banks\/banking-climate-failure-2023\/","url":"https:\/\/www.marketforces.org.au\/campaigns\/banks\/banking-climate-failure-2023\/","name":"Banking Climate Failure 2023 - Market Forces","isPartOf":{"@id":"https:\/\/www.marketforces.org.au\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.marketforces.org.au\/campaigns\/banks\/banking-climate-failure-2023\/#primaryimage"},"image":{"@id":"https:\/\/www.marketforces.org.au\/campaigns\/banks\/banking-climate-failure-2023\/#primaryimage"},"thumbnailUrl":"https:\/\/www.marketforces.org.au\/wp-content\/uploads\/2023\/05\/Banking-Climate-Failure-2023-banks-lending-since-2016.jpg","datePublished":"2023-05-16T07:05:53+00:00","dateModified":"2024-07-15T23:13:16+00:00","breadcrumb":{"@id":"https:\/\/www.marketforces.org.au\/campaigns\/banks\/banking-climate-failure-2023\/#breadcrumb"},"inLanguage":"en-AU","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.marketforces.org.au\/campaigns\/banks\/banking-climate-failure-2023\/"]}]},{"@type":"ImageObject","inLanguage":"en-AU","@id":"https:\/\/www.marketforces.org.au\/campaigns\/banks\/banking-climate-failure-2023\/#primaryimage","url":"https:\/\/www.marketforces.org.au\/wp-content\/uploads\/2023\/05\/Banking-Climate-Failure-2023-banks-lending-since-2016.jpg","contentUrl":"https:\/\/www.marketforces.org.au\/wp-content\/uploads\/2023\/05\/Banking-Climate-Failure-2023-banks-lending-since-2016.jpg","width":1600,"height":900,"caption":"Banking Climate Failure 2023 - banks lending since 2016"},{"@type":"BreadcrumbList","@id":"https:\/\/www.marketforces.org.au\/campaigns\/banks\/banking-climate-failure-2023\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.marketforces.org.au\/"},{"@type":"ListItem","position":2,"name":"Campaigns","item":"https:\/\/www.marketforces.org.au\/campaigns\/"},{"@type":"ListItem","position":3,"name":"Banks","item":"https:\/\/www.marketforces.org.au\/campaigns\/banks\/"},{"@type":"ListItem","position":4,"name":"Banking Climate Failure 2023"}]},{"@type":"WebSite","@id":"https:\/\/www.marketforces.org.au\/#website","url":"https:\/\/www.marketforces.org.au\/","name":"Market Forces","description":"Your money as a force for good","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.marketforces.org.au\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-AU"}]}},"_links":{"self":[{"href":"https:\/\/www.marketforces.org.au\/wp-json\/wp\/v2\/pages\/69731","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.marketforces.org.au\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.marketforces.org.au\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.marketforces.org.au\/wp-json\/wp\/v2\/users\/76"}],"replies":[{"embeddable":true,"href":"https:\/\/www.marketforces.org.au\/wp-json\/wp\/v2\/comments?post=69731"}],"version-history":[{"count":6,"href":"https:\/\/www.marketforces.org.au\/wp-json\/wp\/v2\/pages\/69731\/revisions"}],"predecessor-version":[{"id":77308,"href":"https:\/\/www.marketforces.org.au\/wp-json\/wp\/v2\/pages\/69731\/revisions\/77308"}],"up":[{"embeddable":true,"href":"https:\/\/www.marketforces.org.au\/wp-json\/wp\/v2\/pages\/42489"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.marketforces.org.au\/wp-json\/wp\/v2\/media\/70283"}],"wp:attachment":[{"href":"https:\/\/www.marketforces.org.au\/wp-json\/wp\/v2\/media?parent=69731"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}