The resolutions ask for a firm commitment from Westpac Banking Corp, Australia and New Zealand Banking Group (ANZ) and National Australia Bank (NAB) not to fund any fossil fuel projects, in line with calls by the International Energy Agency (IEA).
SYDNEY: A group of shareholders has filed climate change resolutions with three of Australia’s Big Four banks, asking them to abide by their self-declared support for net-zero emissions by 2050 and stop financing fossil fuels.
The resolutions ask for a firm commitment from Westpac Banking Corp, Australia and New Zealand Banking Group (ANZ) and National Australia Bank (NAB) not to fund any fossil fuel projects, in line with calls by the International Energy Agency (IEA).
