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The Latest Breaking News from ACCR

Australia’s fuel tax break slowing BHP’s decarbonisation, mining giant’s investors warned

Removal of tax credit would incentivise electrification of truck and rail fleets, Australian Centre for Corporate Responsibility says

The Guardian - AU

‘Landmark’ greenwashing case against Australian gas giant Santos dismissed by federal court

Legal bid by shareholder advocacy group over alleged misleading ‘net zero’ and ‘clean energy’ claims fails

The Guardian - AU

AustralianSuper criticised for buying up shares in Whitehaven Coal while claiming to be committed to net zero

Super fund, on the brink of becoming Whitehaven’s biggest shareholder, says company’s acquisition of metallurgical coal assets made it a more attractive investment

The Guardian - AU

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Woodside commits $18bn to US project that climate advocates warn ‘would export harmful gas until the 2070s’

CEO says Louisiana project would turn company into a ‘global LNG powerhouse’ as pressure on investors over emissions grows

The Guardian - AU

Santos calls alleged greenwashing case a ‘biased retelling’ of its net zero aspirations

Fossil fuel giant’s lawyer says the Australasian Centre for Corporate Responsibility is ignoring years of work by Santos

The Guardian - AU

Santos figured out net zero roadmap ‘literally on the fly’, court hears in world-first greenwashing case

Australasian Centre for Corporate Responsibility accuses Australian oil giant of misleading and false claims in closing arguments

The Guardian - AU

Eastern Australia power demand falls to record lows – as it happened

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The Guardian - AU

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Fallout from Woodside’s birthday bash shows Australia is far from united in climate fight

WA newspaper throws tantrum and Tony Abbott blames ‘climate cult’ after prime minister misses fossil fuel company’s party

The Guardian - AU

Energy giants fail on climate lobbying disclosures

Australian companies are lagging behind the US on disclosing their spending on political lobbying around climate change policy.

AAP

Santos in the dock over 'clean gas', net-zero by offset

Australia's biggest gas supplier Santos faces many months of costly wrangling with shareholder activists in the federal court over allegations of greenwashing.

AAP

Angry shareholders target Woodside directors over climate change

Institutional shareholders angry at Woodside Energy's approach to climate change will take their fight to its board for the first time.

The New Daily

Call for Woodside directors' heads over climate change

Woodside Energy's board is failing shareholders on climate change and three directors up for re-election should pay the price, activist shareholders say.

AAP

Woodside’s latest report a ‘fail’ despite profit more than tripling, climate activists say

Critics say energy giant’s windfall gain from price rises in wake of invasion of Ukraine will likely prove short-lived as markets accelerate shift to renewables

The Guardian - AU

Investors query coal leader's climate change trajectory

Fresh research casts doubt on the climate pledges and expansion plans of Australia's largest coal producer Glencore as global investors seek answers.

AAP

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Newcastle Herald

'Clean' fuel claims by gas giant Santos challenged in court

The Australasian Centre for Corporate Responsibility (ACCR) has sued Santos in the Federal Court alleging the oil and gas producer engaged in misleading or deceptive conduct violating consumer law.

AAP

Santos' 'clean' fuel claims challenged in court

One of Australia's biggest energy producers is accused of violating consumer law over environmental claims a shareholder advocacy group says are misleading.

ABC News

Economist alleges corporate watchdog ASIC is only investigating tiny proportion of complaints

The Australian Securities and Investments Commission (ASIC) has experienced years of upheaval and a heavy workload after the banking royal commission. An economist's analysis suggests the independent body is only investigating a fraction of complaints.

ABC News

Gas giant Santos accused of 'greenwashing' clean energy claims, in Federal Court case

One of Australia's largest oil and gas companies is being taken to court over claims of 'greenwashing' its clean energy credentials.

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Benzinga

Australia's Rio Tinto Quits State Mining Lobby Over Climate Rift: Reuters

Reuters reported that Australia's Rio Tinto plc (NYSE:RIO) confirmed its exit from the state mining lobby group after raising concerns that its policy on expanding coal mines did not align with the Paris Climate Agreement. Global corporations have been attempting to appease authorities and shareholders by striving for higher emission cuts to comply with…

The Guardian - AU

Rio Tinto investors vote against financial statements in climate protest

Mining giant accused of failing to disclose key material about how it would transition to a zero-carbon economy

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