A new Australian Conservation Foundation report says the nation's big four banks can't finance Galilee Basin coal projects while meeting their obligations under the Equator Principles.
AMP Capital says its new restrictions on investing in coal and coal-to-liquids companies will have limited practical effect, but show that investors are alert to massive adjustments taking place in the energy sector.
Former climate change minister Greg Combet today urged institutional investors to take a stand against companies that try to avoid action on climate change.
Activist Bill McKibben had some useful messages for institutional investors at a Sydney meeting, according to the Investor Group on Climate Change, while Greens Leader Christine Milne says it's time for the Future Fund to exit fossil fuels.
Australian and international investor groups have demanded that oil and gas companies demonstrate that they are effectively controlling fugitive methane emissions, and they want intensive gas users to exert pressure as well.