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marketforces.org.au
Market Forces
@marketforces.org.au
1.2K followers 140 following 520 posts
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
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marketforces.org.au
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
December 3, 2025 at 4:36 AM
marketforces.org.au
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
ABC article titled "Australia's top 30 super funds have more than three times invested in fossil fuel expansion than clean energy"
December 3, 2025 at 4:23 AM
marketforces.org.au
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.
December 3, 2025 at 2:07 AM
marketforces.org.au
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
December 2, 2025 at 5:31 AM
marketforces.org.au
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
A chart showing the performance of FFX 200 companies vs the Bloomberg Goldman Sachs Global Clean Energy Index over seven years, which has more than doubled FFX 200 returns in that time.
December 2, 2025 at 5:12 AM
marketforces.org.au
Top super funds hold $33bn in big fossil fuel companies, new Market Forces analysis finds | @australia.theguardian.com #auspol #superannuation #climate
Guardian live story: Top super funds hold $33bn in big fossil fuel companies. Australia’s top 30 super funds have a combined $33bn in investments in global companies with major fossil fuel expansion plans, new analysis shows. Green advocacy group Market Forces found the investments had fallen from the $39bn recorded in December 2023, in part due to holdings in BHP and Woodside falling in value, and were still far more than the $19bn totalled in the group’s 2021 report. Nearly $6 of every $100 in the average investment option across those super funds was backing major fossil fuel producers, according to the latest report, released on Tuesday. Just one of the country’s 30 largest super funds had no investments in any major global coal, oil or gas producers: Australian Ethical, which actively excludes companies with substantial fossil fuel revenue. Funds have maintained their exposure despite fossil fuel investments underperforming major share market indices over the last seven years. The funds have collectively invested less than $10bn in clean energy companies, despite these offering higher returns, according to Market Forces’ estimate.
December 2, 2025 at 3:40 AM
marketforces.org.au
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
Don't bank on ethics in finance: I was shocked and disappointed to read that, since the Paris climate agreement in 2015, our big four banks had loaned over $40 billion to new fossil fuel projects and that ANZ and Westpac had funded 70 per cent between them since 2022 ("Big four banks slammed for profiting from fossil fuels", Herald 13/11). An easy way for them to reduce their climate impact would be phasing out such lending. Shareholders must become more vocal and ethical. Customers can talk with their feet and move accounts to more enlightened institutions. The Market Forces compare banks tool is a good place to start. Written by Anne O'Hara, Wanniassa (Letter to the editor, Newcastle Herald)
November 26, 2025 at 5:27 AM
marketforces.org.au
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.
November 19, 2025 at 6:58 AM
marketforces.org.au
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...
November 18, 2025 at 2:53 AM
marketforces.org.au
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
November 13, 2025 at 2:14 AM
marketforces.org.au
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...
November 12, 2025 at 6:02 AM
marketforces.org.au
“Little more than window dressing and greenwashing” – #ANZ and #Westpac are lagging behind on #climate, providing 80% of big four bank lending to fossil fuels since 2024.
The Australian headline: 'Australia's big four banks have funnelled $43bn into fossil fuels despite their climate pledges'. Shows an image of a coal mine, with the caption 'ANZ, NAB and Westpac have all provided loans to BHP, according to a new Market Forces report.'
November 12, 2025 at 1:07 AM
marketforces.org.au
But a new trend has emerged: #Westpac and #ANZ now stand out as Australia’s fossil fuel banks, making up over 80% of all lending from the big four banks to major fossil fuel companies since 2024 – while #CommBank and #NAB have been cutting ties.
Lending by the big four banks to fossil fuel majors 2016-2021 vs 2024-2025. ANZ and Westpac now make up 80% of total lending in 2025.
November 11, 2025 at 11:24 PM
marketforces.org.au
In the decade since the Paris Agreement the big four have provided AU $43 billion – that's $43,400,000,000 – to the world’s biggest coal, oil and gas companies,

More than two thirds of this sum – over $30 billion – has gone to fossil fuel expansion.
Black image with orange photo of fossil fuels and text that reads: $43,400,000,000 That's how much finance the big four banks have provided to major fossil fuel clients in the last 10 years
November 11, 2025 at 11:24 PM
marketforces.org.au
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
Fossil fuel blocklist - the companies Australia's big four banks can no longer touch. Shows a list of 23 fossil fuel clients of ANZ, Westpac, NAB and CommBank that should be ineligible for any further finance from October 2025.
November 11, 2025 at 11:24 PM
marketforces.org.au
Big four bank NAB has slashed its exposure to oil and gas producers by over 40% in the last two years.

#auspol #banks #climate
Screenshot of ABC news live story. Title reads 'Market Forces responds to NAB's Climate Report'. Here is some commentary from Market Forces on NAB's new Climate Report: "NAB has disclosed that one in six fossil fuel clients are so misaligned with the Paris Agreement the bank will no longer fund them," Market Forces head of research Kyle Robertson said. "NAB has slashed its exposure to oil and gas producers by $700 million in the last two years, a drop of over 40%. "There's concrete evidence that Australia's big banks are refusing finance to coal, oil and gas companies on climate grounds. "The overwhelming majority of oil and gas producers are impeding the energy transition by expanding, and they're facing the consequences from banks like NAB and CommBank which are cutting ties."
November 6, 2025 at 6:18 AM
marketforces.org.au
Market Forces analysis reveals #NAB has slashed exposure to oil and gas producers by $700m in last two years | @australia.theguardian.com #auspol #banks #climate
Relevant paragraph reads: "Fossil fuel producers did not contribute much there (to business loan growth at NAB), with analysis by environmental advocacy group Market Forces finding NAB has slashed exposure to oil and gas producers by $700m in the last two years." Screenshot comes from this Guardian Live story: https://www.theguardian.com/australia-news/live/2025/nov/06/australia-politics-live-wfh-working-from-home-banks-net-zero-nationals-liberals-coalition-sussan-ley-anthony-albanese-labor-question-time-ntwnfb?CMP=share_btn_url&page=with%3Ablock-690bd7788f08fa7fae306a74#block-690bd7788f08fa7fae306a74
November 6, 2025 at 12:13 AM
marketforces.org.au
“Farcical”: #Westpac says 90% of its fossil fuel clients have credible transition plans, despite expansion projects

“Westpac can’t take part in any more deals for companies like Santos, Woodside, BP and BHP while claiming to be committed to global #climate goals." – Kyle Robertson, Market Forces
Image of Westpac-style 'W' on fire and smoking, with flames in the background
November 4, 2025 at 4:52 AM
marketforces.org.au
Tomorrow a unique and powerful photo exhibition is opening in #Tokyo, capturing the daily lives of people living under the expanding shadow of coal and gas-fired power plants in Southeastern #Bangladesh.

Read their stories: stories.marketforces.org.au/where-the-sm... #climate
Four young children in Matarbari, Bangladesh A salt farmer working in Matarbari, Bangladesh. Thousands of salt farmer workers have lost their livelihoods without any compensation due to the Matarbari coal power plant.
November 4, 2025 at 12:41 AM
marketforces.org.au
It doesn't have to be a dream, JERA – you could be the hero for Japan's energy future.

97% of JERA's current energy generation is fossil fuel-based. It's time for Japan's largest power company to be the energy leader Asia needs and deserves. #SIEW2025 #EnergyTransition
A dark-haired person in a grey jacket reading a newspaper, showing a climate advocacy ad calling on Japan power company JERA to lead with renewable energy, not fossil fuels. A green and yellow graphic with an image of a Godzilla-like creature wearing a sash that says "Clean energy leader". The text reads "It doesn't have to be a dream - JERA: it's time to lead with renewables, not fossil fuels". This is followed by paragraph text calling on JERA to invest more in renewable energy and move away from fossil fuels to be the energy leader Asia needs and deserves.
October 29, 2025 at 5:52 AM
marketforces.org.au
Fracking poses incredibly serious risks to health, children, our water and soil, and the #climate.

Tell APA now — ditch these pipelines and don't let this fracking go ahead: marketforces.org.au/apa
October 23, 2025 at 4:11 AM
marketforces.org.au
Right now, we have a unique opportunity to take action – and stop these pipelines from being built in the first place.

Tell APA to rule out new gas pipelines for Beetaloo fracking. Send an email directly to APA with a few simple clicks: marketforces.org.au/apa
A photo of a creek in bushland
October 22, 2025 at 2:10 AM
marketforces.org.au
アート展「海と煙がみえる場所」の駅貼りポスターが、霞ヶ関駅、および麹町駅で今月より掲出しています。

11月5‐7日開催のアート展、および11月6日のトークセッションへのご来場、是非お待ちしております。詳細は、下記Tokyo Art Beatサイトよりご覧いただけます。
tokyoartbeat.com/events/-/Noo...
October 21, 2025 at 6:47 AM
marketforces.org.au
Ancient pristine springs in the NT – and the groundwater people rely on – are at risk, all because APA is partnering with two questionable companies to open up dangerous fracking in the #Beetaloo Basin.

Tell @insideapa.bsky.social to rule out new fracking pipelines. marketforces.org.au/apa-group
October 21, 2025 at 3:41 AM
marketforces.org.au
People in the Northern Territory rely on groundwater. Once an aquifer is polluted, you can’t undo it – it’s like unscrambling an egg. 🍳 Is fracking worth the risk?

Tell APA to #ProtectOurWater and stop enabling dangerous fracking: www.marketforces.org.au/campaigns/co...
Image of waterhole in the Northern Territory, with the words "no pipelines = no fracking"
October 20, 2025 at 4:54 AM