Market Forces
@marketforces.org.au
Exposing the banks and super funds financing fossil fuel expansion in the #climate crisis. Follow us for insights from Australia and Asia, and make your money a force for good: marketforces.org.au
It’s time super funds lived up to their commitments by ending fossil fuel expansion and securing a stable retirement for us all! Check out our latest report and take action at marketforces.org.au/ffx200
www.superreview.com.au/super-funds-...
www.superreview.com.au/super-funds-...
Super funds’ fossil fuel exposure draws $33bn scrutiny - Super Review
Funds are facing criticism after a new analysis found $33 billion is invested by super funds in companies expanding coal, oil and gas globally.
www.superreview.com.au
December 5, 2025 at 3:00 AM
It’s time super funds lived up to their commitments by ending fossil fuel expansion and securing a stable retirement for us all! Check out our latest report and take action at marketforces.org.au/ffx200
www.superreview.com.au/super-funds-...
www.superreview.com.au/super-funds-...
東京・下北沢の BONUSTRACKで開催した #海と煙が出会う場所 展にご来場いただいた皆様、ありがとうございました！
本展示では、海と共に暮らすバングラデシュ・マタバリ地域が、石炭火力発電所や新たなガス拡張計画の影響下でも、困難に立ち向かう彼らの回復力を紹介しました。
来日したアーティストと、日本の皆さまとの力強い繋がりと交流が生まれたことに、心より感謝いたします。 #climate #japan
本展示では、海と共に暮らすバングラデシュ・マタバリ地域が、石炭火力発電所や新たなガス拡張計画の影響下でも、困難に立ち向かう彼らの回復力を紹介しました。
来日したアーティストと、日本の皆さまとの力強い繋がりと交流が生まれたことに、心より感謝いたします。 #climate #japan
December 3, 2025 at 4:36 AM
東京・下北沢の BONUSTRACKで開催した #海と煙が出会う場所 展にご来場いただいた皆様、ありがとうございました！
本展示では、海と共に暮らすバングラデシュ・マタバリ地域が、石炭火力発電所や新たなガス拡張計画の影響下でも、困難に立ち向かう彼らの回復力を紹介しました。
来日したアーティストと、日本の皆さまとの力強い繋がりと交流が生まれたことに、心より感謝いたします。 #climate #japan
本展示では、海と共に暮らすバングラデシュ・マタバリ地域が、石炭火力発電所や新たなガス拡張計画の影響下でも、困難に立ち向かう彼らの回復力を紹介しました。
来日したアーティストと、日本の皆さまとの力強い繋がりと交流が生まれたことに、心より感謝いたします。 #climate #japan
Our new report reveals Australia's top 30 super funds have more than AU$33 billion invested in a list of 200 companies with the biggest coal, oil and gas expansion plans around the world. #climate #auspol
“Worth reading” as ABC says: marketforces.org.au/FFX200
“Worth reading” as ABC says: marketforces.org.au/FFX200
December 3, 2025 at 4:23 AM
Our new report reveals Australia's top 30 super funds have more than AU$33 billion invested in a list of 200 companies with the biggest coal, oil and gas expansion plans around the world. #climate #auspol
“Worth reading” as ABC says: marketforces.org.au/FFX200
“Worth reading” as ABC says: marketforces.org.au/FFX200
Japan is pushing devastating coal and gas expansion in #Bangladesh – where thousands of vulnerable people have lost land and livelihoods because of it.
We were proud to work with artists Noor Alam and Suman Kanti Paul, to share these stories from Bangladesh with people in Tokyo.
We were proud to work with artists Noor Alam and Suman Kanti Paul, to share these stories from Bangladesh with people in Tokyo.
December 3, 2025 at 2:07 AM
Japan is pushing devastating coal and gas expansion in #Bangladesh – where thousands of vulnerable people have lost land and livelihoods because of it.
We were proud to work with artists Noor Alam and Suman Kanti Paul, to share these stories from Bangladesh with people in Tokyo.
We were proud to work with artists Noor Alam and Suman Kanti Paul, to share these stories from Bangladesh with people in Tokyo.
Our new report reveals Australian super funds could have over $130 billion invested in the world's biggest coal, oil and gas companies. #climate #auspol
That's your retirement savings being used to support fossil fuels – instead of protecting your future. Take action: marketforces.org.au/FFX200
That's your retirement savings being used to support fossil fuels – instead of protecting your future. Take action: marketforces.org.au/FFX200
December 2, 2025 at 5:31 AM
Our new report reveals Australian super funds could have over $130 billion invested in the world's biggest coal, oil and gas companies. #climate #auspol
That's your retirement savings being used to support fossil fuels – instead of protecting your future. Take action: marketforces.org.au/FFX200
That's your retirement savings being used to support fossil fuels – instead of protecting your future. Take action: marketforces.org.au/FFX200
Australia's top super funds have over $33bn invested in the world's biggest fossil fuel expanders, the FFX 200.
Yet over 7 years, the FFX 200 has underperformed all indices while the Bloomberg Goldman Sachs Global Clean Energy Index more than doubled FFX 200 returns. marketforces.org.au/FFX200
Yet over 7 years, the FFX 200 has underperformed all indices while the Bloomberg Goldman Sachs Global Clean Energy Index more than doubled FFX 200 returns. marketforces.org.au/FFX200
December 2, 2025 at 5:12 AM
Australia's top super funds have over $33bn invested in the world's biggest fossil fuel expanders, the FFX 200.
Yet over 7 years, the FFX 200 has underperformed all indices while the Bloomberg Goldman Sachs Global Clean Energy Index more than doubled FFX 200 returns. marketforces.org.au/FFX200
Yet over 7 years, the FFX 200 has underperformed all indices while the Bloomberg Goldman Sachs Global Clean Energy Index more than doubled FFX 200 returns. marketforces.org.au/FFX200
Top super funds hold $33bn in big fossil fuel companies, new Market Forces analysis finds | @australia.theguardian.com #auspol #superannuation #climate
December 2, 2025 at 3:40 AM
Top super funds hold $33bn in big fossil fuel companies, new Market Forces analysis finds | @australia.theguardian.com #auspol #superannuation #climate
Super funds plunge billions into fossil fuel companies | @dailymailau.bsky.social
"The damage these companies could do to our #climate by charging ahead with new coal and gas projects would have significant ramifications for Australians' retirement savings." – Brett Morgan, Market Forces #auspol
"The damage these companies could do to our #climate by charging ahead with new coal and gas projects would have significant ramifications for Australians' retirement savings." – Brett Morgan, Market Forces #auspol
Super funds plunge billions into fossil fuel companies
Australia's 30 biggest superannuation funds have invested more than $33 billion in companies that are expanding fossil fuels globally, according to research...
www.dailymail.co.uk
December 2, 2025 at 3:07 AM
Super funds plunge billions into fossil fuel companies | @dailymailau.bsky.social
"The damage these companies could do to our #climate by charging ahead with new coal and gas projects would have significant ramifications for Australians' retirement savings." – Brett Morgan, Market Forces #auspol
"The damage these companies could do to our #climate by charging ahead with new coal and gas projects would have significant ramifications for Australians' retirement savings." – Brett Morgan, Market Forces #auspol
NEW REPORT: Market Forces has identified 200 companies with the biggest coal, oil and gas expansion plans globally — aka the Fossil Fuel Expansion Index, or FFX 200.
These companies are actively driving more extreme #climate disasters. And your super fund probably invests in them.
These companies are actively driving more extreme #climate disasters. And your super fund probably invests in them.
The Fossil Fuel Expansion Index - Market Forces
How Australian superannuation funds are propping up the world’s most unforgivable climate polluters
www.marketforces.org.au
December 1, 2025 at 10:56 PM
NEW REPORT: Market Forces has identified 200 companies with the biggest coal, oil and gas expansion plans globally — aka the Fossil Fuel Expansion Index, or FFX 200.
These companies are actively driving more extreme #climate disasters. And your super fund probably invests in them.
These companies are actively driving more extreme #climate disasters. And your super fund probably invests in them.
MEDIA RELEASE: Australia’s top 30 super funds have over $33 billion invested in companies expanding fossil fuels globally, in default or largest options, on latest disclosures.
And funds have 3 x more invested in fossil fuel companies than clean energy.
#Climate #Renewables #CleanEnergy
Read More
And funds have 3 x more invested in fossil fuel companies than clean energy.
#Climate #Renewables #CleanEnergy
Read More
Top Australian super funds invest $33 billion in fossil fuel expansion - Market Forces
New Market Forces analysis finds that Australia’s top 30 superannuation funds have more than $33 billion invested in companies expanding fossil fuels globally, in their default or largest investment o...
www.marketforces.org.au
December 1, 2025 at 7:53 PM
MEDIA RELEASE: Australia’s top 30 super funds have over $33 billion invested in companies expanding fossil fuels globally, in default or largest options, on latest disclosures.
And funds have 3 x more invested in fossil fuel companies than clean energy.
#Climate #Renewables #CleanEnergy
Read More
And funds have 3 x more invested in fossil fuel companies than clean energy.
#Climate #Renewables #CleanEnergy
Read More
NYC pension funds could set a global precedent by ditching BlackRock, the world's largest asset manager, on climate grounds. Meanwhile in Australia, our largest super fund #AustralianSuper has thrown its support behind the fossil fuel expansion plans of climate wreckers like Woodside & Whitehaven 😡
👀 If the NYC pension boards adopt the @nyccomptroller.bsky.social recommendations and move BlackRock's $42B mandate to other asset managers, it could be one of the most consequential climate-related actions ever taken by a pension fund in the US or anywhere in the world.
Today I’m recommending that NYC’s pension fund boards drop BlackRock and 2 other (out of 49) public markets asset managers due to inadequate decarbonization plans.
Climate risk is financial risk – we need asset managers who will invest responsibly.🧵
www.bloomberg.com/news/article...
Climate risk is financial risk – we need asset managers who will invest responsibly.🧵
www.bloomberg.com/news/article...
November 28, 2025 at 1:13 AM
NYC pension funds could set a global precedent by ditching BlackRock, the world's largest asset manager, on climate grounds. Meanwhile in Australia, our largest super fund #AustralianSuper has thrown its support behind the fossil fuel expansion plans of climate wreckers like Woodside & Whitehaven 😡
Letter to the editor @newcastleherald.bsky.social: "An easy way for banks to reduce their climate impact would be phasing out such lending" — hit the nail on the head, Anne.
Check your bank: www.marketforces.org.au/comparebanks #auspol #climate
Check your bank: www.marketforces.org.au/comparebanks #auspol #climate
November 26, 2025 at 5:27 AM
Letter to the editor @newcastleherald.bsky.social: "An easy way for banks to reduce their climate impact would be phasing out such lending" — hit the nail on the head, Anne.
Check your bank: www.marketforces.org.au/comparebanks #auspol #climate
Check your bank: www.marketforces.org.au/comparebanks #auspol #climate
As Liberal members squabble after formally rejecting the scientific and economic imperative to reach net zero greenhouse gas emissions, a division is also starting to open up among the nation’s largest banks. #auspol #banks #climate
Australia’s big banks face big climate decisions - Market Forces
By Will van de Pol, Chief Executive, Market Forces AS LIBERAL MEMBERS squabble after formally rejecting the scientific and economic imperative to reach net zero greenhouse gas emissions, a division is...
www.marketforces.org.au
November 25, 2025 at 4:42 AM
“Fuelling the war machine”: Australia's four largest super funds #AustralianSuper, #AustralianRetirementTrust, #AwareSuper and #UniSuper are investing $110m of Australians’ retirement savings in a refiner using #Russian oil.
“Funds must investigate and act.” – Brett Morgan, Market Forces
“Funds must investigate and act.” – Brett Morgan, Market Forces
Big super invests $110m in refiner using Russian ‘blood oil’
The disclosures represent the strongest link yet between Australian portfolios and Russian oil, showing funds have profited from the trade in sanctioned crude.
www.afr.com
November 24, 2025 at 11:18 PM
“Fuelling the war machine”: Australia's four largest super funds #AustralianSuper, #AustralianRetirementTrust, #AwareSuper and #UniSuper are investing $110m of Australians’ retirement savings in a refiner using #Russian oil.
“Funds must investigate and act.” – Brett Morgan, Market Forces
“Funds must investigate and act.” – Brett Morgan, Market Forces
Astounding: ANZ bank says it is "very proud" of it's lending to fossil fuels.
“ANZ has consistently been the top financier of fossil fuels, a #climate laggard that has refused to really make meaningful progress on its commitment to the Paris Agreement,”- our Head of Research, Kyle Robertson.
“ANZ has consistently been the top financier of fossil fuels, a #climate laggard that has refused to really make meaningful progress on its commitment to the Paris Agreement,”- our Head of Research, Kyle Robertson.
November 19, 2025 at 6:58 AM
Astounding: ANZ bank says it is "very proud" of it's lending to fossil fuels.
“ANZ has consistently been the top financier of fossil fuels, a #climate laggard that has refused to really make meaningful progress on its commitment to the Paris Agreement,”- our Head of Research, Kyle Robertson.
“ANZ has consistently been the top financier of fossil fuels, a #climate laggard that has refused to really make meaningful progress on its commitment to the Paris Agreement,”- our Head of Research, Kyle Robertson.
Two of Australia's big banks @Westpac and @ANZ_AU are failing on their #climate commitments while @CommBank and @NAB are slashing support for fossil fuel expansion.
"It's farcical that Westpac determined 90% of its fossil fuel customers have credible transition plans."
www.afr.com/companies/fi...
"It's farcical that Westpac determined 90% of its fossil fuel customers have credible transition plans."
www.afr.com/companies/fi...
November 18, 2025 at 2:53 AM
Two of Australia's big banks @Westpac and @ANZ_AU are failing on their #climate commitments while @CommBank and @NAB are slashing support for fossil fuel expansion.
"It's farcical that Westpac determined 90% of its fossil fuel customers have credible transition plans."
www.afr.com/companies/fi...
"It's farcical that Westpac determined 90% of its fossil fuel customers have credible transition plans."
www.afr.com/companies/fi...
当団体アナリスト鈴木幸子のオピニオン記事が公開｜東洋経済オンライン
「これ以上の気温上昇を食い止めるためにも、気候変動の原因である温室効果ガスの最大の排出源である化石燃料の採掘および使用の段階的廃止に向けた経済社会構造の転換が求められる。」
「今、行動すればまだ間に合うと言われているが、残された時間はわずかだ。」
toyokeizai.net/articles/-/9...
「これ以上の気温上昇を食い止めるためにも、気候変動の原因である温室効果ガスの最大の排出源である化石燃料の採掘および使用の段階的廃止に向けた経済社会構造の転換が求められる。」
「今、行動すればまだ間に合うと言われているが、残された時間はわずかだ。」
toyokeizai.net/articles/-/9...
気候変動問題に関する株主提案に一定の成果。機関投資家も｢日本株式会社｣に財務リスクを認識させ､受託者責任を果たすべき
気象庁の発表によれば、今年6月から8月の日本の平均気温は統計開始以来最も高温だった。猛暑が常態化し、労働生産性の低下、売り上げの減少や農作物の価格高騰など、経済への悪影響が顕在化しつつある。「猛暑イン…
toyokeizai.net
November 14, 2025 at 6:15 AM
当団体アナリスト鈴木幸子のオピニオン記事が公開｜東洋経済オンライン
「これ以上の気温上昇を食い止めるためにも、気候変動の原因である温室効果ガスの最大の排出源である化石燃料の採掘および使用の段階的廃止に向けた経済社会構造の転換が求められる。」
「今、行動すればまだ間に合うと言われているが、残された時間はわずかだ。」
toyokeizai.net/articles/-/9...
「これ以上の気温上昇を食い止めるためにも、気候変動の原因である温室効果ガスの最大の排出源である化石燃料の採掘および使用の段階的廃止に向けた経済社会構造の転換が求められる。」
「今、行動すればまだ間に合うと言われているが、残された時間はわずかだ。」
toyokeizai.net/articles/-/9...
OPINION: "A shift in economic and social structures is required to phase out the extraction and use of fossil fuels, the largest source of greenhouse gas emissions."
"If we act now, it's still not too late, but there's little time left." #ClimateAction
toyokeizai.net/articles/-/9...
"If we act now, it's still not too late, but there's little time left." #ClimateAction
toyokeizai.net/articles/-/9...
気候変動問題に関する株主提案に一定の成果。機関投資家も｢日本株式会社｣に財務リスクを認識させ､受託者責任を果たすべき
気象庁の発表によれば、今年6月から8月の日本の平均気温は統計開始以来最も高温だった。猛暑が常態化し、労働生産性の低下、売り上げの減少や農作物の価格高騰など、経済への悪影響が顕在化しつつある。「猛暑イン…
toyokeizai.net
November 14, 2025 at 4:01 AM
OPINION: "A shift in economic and social structures is required to phase out the extraction and use of fossil fuels, the largest source of greenhouse gas emissions."
"If we act now, it's still not too late, but there's little time left." #ClimateAction
toyokeizai.net/articles/-/9...
"If we act now, it's still not too late, but there's little time left." #ClimateAction
toyokeizai.net/articles/-/9...
ANZ and Westpac say one thing on #climate, but do another – funding a new wave of fossil fuel expansion despite their own climate plans and policies.
Market Forces chief executive Will van de Pol spoke to the ABC about our latest research. Watch here 📹 www.abc.net.au/news/2025-11... #auspol
Market Forces chief executive Will van de Pol spoke to the ABC about our latest research. Watch here 📹 www.abc.net.au/news/2025-11... #auspol
November 13, 2025 at 2:14 AM
ANZ and Westpac say one thing on #climate, but do another – funding a new wave of fossil fuel expansion despite their own climate plans and policies.
Market Forces chief executive Will van de Pol spoke to the ABC about our latest research. Watch here 📹 www.abc.net.au/news/2025-11... #auspol
Market Forces chief executive Will van de Pol spoke to the ABC about our latest research. Watch here 📹 www.abc.net.au/news/2025-11... #auspol
Our new report reveals Australia's big four banks have provided over $43 billion to the world's biggest fossil fuel companies in the last 10 years – but some banks are starting to do better, while #ANZ and #Westpac lag behind.
🔁 Share and take #climate action www.marketforces.org.au/campaigns/ba...
🔁 Share and take #climate action www.marketforces.org.au/campaigns/ba...
November 12, 2025 at 6:02 AM
Our new report reveals Australia's big four banks have provided over $43 billion to the world's biggest fossil fuel companies in the last 10 years – but some banks are starting to do better, while #ANZ and #Westpac lag behind.
🔁 Share and take #climate action www.marketforces.org.au/campaigns/ba...
🔁 Share and take #climate action www.marketforces.org.au/campaigns/ba...
New Market Forces report finds over 80% of all lending from the big four banks to the world’s biggest fossil fuel companies was provided by #Westpac and #ANZ – while competitors CommBank and NAB have dramatically wound back funding for big polluters.
#climate #auspol #netzero #banks
#climate #auspol #netzero #banks
Big four banks slammed for profiting from fossil fuels
Australia's big four banks have made billions from investing in fossil fuel projects in the past decade, but only two have made steps to walk away.
thewest.com.au
November 12, 2025 at 2:57 AM
Some big banks are having trouble working out which fossil fuel companies they shouldn’t fund any more.
So we’ve made it easy for them, with the first ever Fossil Fuel Company Blocklist for Australian banks – a list of 23 clients Australia’s big four banks can no longer touch. #climate #auspol
So we’ve made it easy for them, with the first ever Fossil Fuel Company Blocklist for Australian banks – a list of 23 clients Australia’s big four banks can no longer touch. #climate #auspol
November 11, 2025 at 11:24 PM
MEDIA RELEASE: Big four banks fund major fossil fuel firms $43 billion in 10 years
Our new Fossil Fuel Blocklist reveals 23 coal, oil and gas companies that must be excluded from further finance following new bank policies addressing #climate emissions.
www.marketforces.org.au/big-four-ban...
Our new Fossil Fuel Blocklist reveals 23 coal, oil and gas companies that must be excluded from further finance following new bank policies addressing #climate emissions.
www.marketforces.org.au/big-four-ban...
Big four banks fund major fossil fuel firms $43 billion in 10 years - Market Forces
Wednesday 12 November: New analysis by Market Forces finds that in the decade since the Paris Agreement was adopted to rein in climate change, Australia’s big four banks – ANZ, Commonwealth Bank, NAB,...
www.marketforces.org.au
November 11, 2025 at 8:25 PM
MEDIA RELEASE: Big four banks fund major fossil fuel firms $43 billion in 10 years
Our new Fossil Fuel Blocklist reveals 23 coal, oil and gas companies that must be excluded from further finance following new bank policies addressing #climate emissions.
www.marketforces.org.au/big-four-ban...
Our new Fossil Fuel Blocklist reveals 23 coal, oil and gas companies that must be excluded from further finance following new bank policies addressing #climate emissions.
www.marketforces.org.au/big-four-ban...
ANZ claims it’s committed to a #CleanEnergy economy but is Australia’s biggest funder of fossil fuel expansion.
“ANZ knows most of the largest coal, oil and gas companies it finances have no intention of transitioning their businesses to #NetZero, and is funnelling billions to them anyway.”
“ANZ knows most of the largest coal, oil and gas companies it finances have no intention of transitioning their businesses to #NetZero, and is funnelling billions to them anyway.”
Fines and redundancies bite into ANZ's bottom line
A massive fine and thousands of job cuts have punched a ten per cent hole in ANZ's profits.
www.canberratimes.com.au
November 10, 2025 at 1:17 AM
ANZ claims it’s committed to a #CleanEnergy economy but is Australia’s biggest funder of fossil fuel expansion.
“ANZ knows most of the largest coal, oil and gas companies it finances have no intention of transitioning their businesses to #NetZero, and is funnelling billions to them anyway.”
“ANZ knows most of the largest coal, oil and gas companies it finances have no intention of transitioning their businesses to #NetZero, and is funnelling billions to them anyway.”