Lightnews — Scholar-powered news

Australasian Centre for Corporate Responsibility (ACCR) @accr.bsky.social · 4h

Investors sent a strong signal to Shell that the quality of its disclosures is out of step with the size of its bet on LNG – now it’s time for the company to respond. www.accr.org.au/insights/inv...

Australasian Centre for Corporate Responsibility (ACCR) @accr.bsky.social · 5h

BHP’s strategy chief warned that the “politicisation” of critical minerals is making mining deals more “complicated”, at a time when consolidation in the resources sector is on the upswing. “Some of the very nationalistic tendencies can create friction" on.ft.com/47cb7P8

BHP says growing political interference threatens mining deals

Strategy chief Catherine Raw warns that countries’ push to control their natural resources complicates dealmaking

on.ft.com

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Australasian Centre for Corporate Responsibility (ACCR) @accr.bsky.social · 5h

Electricity demand is growing around the world but the growth in solar and wind was so strong it met 100% of the extra electricity demand, even helping drive a slight decline in coal and gas use. www.bbc.com/news/article...

Renewables overtake coal as world's biggest source of electricity

Developing countries lead the historic clean energy charge but the US and EU rely more on fossil fuels than before, a think tank study shows.

www.bbc.com

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Australasian Centre for Corporate Responsibility (ACCR) @accr.bsky.social · 5h

Prof Christian Downie points to the Business Council of Australia and News Corp newspapers as examples of deliberate obstruction. A playbook honed over decades around the world by fossil fuel interests. www.theguardian.com/australia-ne...

Media and political attacks on Australia’s emissions targets ‘straight out of the climate obstruction playbook’, expert says

Prof Christian Downie points to the Business Council of Australia and News Corp newspapers as examples of deliberate obstruction

www.theguardian.com

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Australasian Centre for Corporate Responsibility (ACCR) @accr.bsky.social · 5h

Glencore, the Swiss commodities giant in line to receive hundreds of millions of dollars in government handouts for its struggling Mount Isa copper smelter, paid below Australia’s corporate tax rate last year. www.afr.com/companies/mi...

Glencore disclosures raise questions over mining giant’s tax bill

The Swiss commodities giant is in line for up to $600 million in government subsidies to keep its struggling Mount Isa copper smelter in Queensland operating.

www.afr.com

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Australasian Centre for Corporate Responsibility (ACCR) @accr.bsky.social · 10h

BlueScope Steel chief executive Mark Vassella will warn Australia risks repeating the United Kingdom's industrial decline if the federal government fails to fix the gas market. www.abc.net.au/news/2025-10...

Industry warns 'no gas, no future' amid high prices and falling demand

A future made in Australia? Not if gas prices keep rising, major manufacturers warn as they call for urgent action to secure affordable supply.

www.abc.net.au

Australasian Centre for Corporate Responsibility (ACCR) @accr.bsky.social · 10h

When prices for crude are high, the going is good for the oil and gas industry. Heightened prices give companies a reason to boost their investments in production equipment. When prices fall, the expense of drilling is harder to justify. finance.yahoo.com/news/trumps-...

Trump's economic plans called for more oil drilling and lower gas prices. He's only getting the latter.

Trump wants to see more oil drilling and lower pump prices. So far, he's only getting one of those.

finance.yahoo.com

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Australasian Centre for Corporate Responsibility (ACCR) @accr.bsky.social · 10h

Shell has revealed a stronger performance in its oil and gas trading operation but has taken a 600 million US dollar (£446.3 million) hit from stopping a major biofuels project in Rotterdam. www.independent.co.uk/news/busines...

Shell takes £446m impairment from cancelled Dutch biofuels project

It came as the London-listed oil giant revealed a stronger performance in its oil and gas trading operation.

www.independent.co.uk

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Australasian Centre for Corporate Responsibility (ACCR) @accr.bsky.social · 1d

The Santos Ltd (ASX:STO) share price is down 0.6% since the start of 2025. It's probably worth asking, 'is the STO share price cheap?' www.raskmedia.com.au/2025/10/01/s...

STO and Wesfarmers Ltd: 2 ASX shares to dig into

The Santos Ltd (ASX:STO) share price and Wesfarmers Ltd (ASX:WES) share price are in focus in 2025. Here's how you could put a value on them.

www.raskmedia.com.au

Australasian Centre for Corporate Responsibility (ACCR) @accr.bsky.social · 1d

Increasing interest in climate adaptation is not without its dangers. The division between the priorities of mitigation (reduction of GHG emissions) & adaptation (response to climate change impacts) has encouraged fragmented, zero-sum decision-making www.chathamhouse.org/publications...

Are we ready for life beyond 1.5°C of global warming?

We are on the verge of crossing the threshold set out in the Paris Climate Agreement. David Gunn and Matthew Harris explore the ideas that may help us navigate a world of more frequent and severe clim...

www.chathamhouse.org

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Australasian Centre for Corporate Responsibility (ACCR) @accr.bsky.social · 1d

Australia is facing a steeper-than-anticipated 25 per cent slump in LNG export earnings by next financial year, dragged down by a slide in crude oil prices and oversupply that is starting to hit global gas markets. www.afr.com/companies/en...

Australia faces 25pc slump in LNG export earnings

New data reveals an $11 billion drop in expected LNG revenue, with gold set to overtake gas as our second most valuable export.

www.afr.com

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Australasian Centre for Corporate Responsibility (ACCR) @accr.bsky.social · 1d

ACCR, a shareholder group that urged shareholders to reject the climate plan, said the voting result “sends an unambiguous signal to AGL’s board and executives that the company needs to do more to drive the energy transition”. www.afr.com/companies/en...

Cannon-Brookes rejects AGL climate plan, demands faster action

AGL shareholders would benefit from a more ambitious path to renewable energy, said the tech billionaire’s Grok Ventures.

www.afr.com

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Australasian Centre for Corporate Responsibility (ACCR) @accr.bsky.social · 1d

Shell should explain how its LNG demand projections are constructed based on economic competitiveness. Currently, it is not clear how LNG will be competitive with lower carbon alternatives, given the structurally high prices of LNG. www.accr.org.au/insights/inv...

Investor Bulletin: Enhancing Shell’s LNG disclosures - ACCR

Investors sent a strong signal to Shell that the quality of its disclosures is out of step with the size of its bet on LNG – now it’s time for the company to respond.

www.accr.org.au

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Australasian Centre for Corporate Responsibility (ACCR) @accr.bsky.social · 1d

“AGL must move quickly to deliver real emissions cuts and a more compelling strategy that seizes the opportunities of the energy transition,” the group’s director, Brynn O’Brien, said. www.smh.com.au/business/com...

Billionaire Mike Cannon-Brookes reignites climate feud with Australia’s biggest emitter

Cannon-Brookes has renewed his push for power giant AGL to do more to combat climate change, rejecting its current plans as dangerously inadequate.

www.smh.com.au

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Australasian Centre for Corporate Responsibility (ACCR) @accr.bsky.social · 1d

Patrick Pouyanné, head of TotalEnergies, told last month’s Gastech conference that the world was “building too much” LNG capacity, and predicted oversupply “for some years if all these projects come on stream”. on.ft.com/4mQ2xdy

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Australasian Centre for Corporate Responsibility (ACCR) @accr.bsky.social · 1d

Gold will become Australia’s second-most-valuable commodity export, overtaking liquefied natural gas, after the precious metal’s “extraordinary surge” to record prices, the government said. www.bloomberg.com/news/article...

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Australasian Centre for Corporate Responsibility (ACCR) @accr.bsky.social · 5d

Brian Spak, from Energy Consumers Australia (ECA), warns that if nothing changes it will be renters, apartment dwellers and low-income households – those with the biggest barriers to going all-electric – who will be left stuck on gas with spiralling bills. reneweconomy.com.au/consumers-co...

reneweconomy.com.au

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Australasian Centre for Corporate Responsibility (ACCR) @accr.bsky.social · 5d

Grok said the 2025 plan is only an "incremental improvement" on the version from 2022, but remains "confident in AGL's overall strategic direction and its potential to lead Australia's energy transition with purpose and impact". www.capitalbrief.com/briefing/agl...

AGL climate transition action plan opposed by 31% of shareholder votes

AGL Energy shareholders have backed the company’s new climate transition action plan through a vote at the energy company’s 2025 annual general meeting, despite opposition from proxy advisor ISS and a...

www.capitalbrief.com

Australasian Centre for Corporate Responsibility (ACCR) @accr.bsky.social · 5d

Shareholders have sent a clear signal: AGL must stop hedging and start leading by delivering a timely decarbonisation strategy. www.accr.org.au/news/agl-sha...

Nearly 31% of shareholders voted against AGL’s Climate Transition Action Plan today, matching the vote against the plan the company presented in 2022.

This sends an unambiguous signal to AGL’s board and executives that the company needs to do more to drive the energy transition. AGL must move quickly to deliver real emissions cuts and a more compelling strategy that seizes the opportunities of the energy transition.

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Australasian Centre for Corporate Responsibility (ACCR) @accr.bsky.social · 5d

AGL must move quickly to deliver real emissions cuts and a more compelling strategy that seizes the opportunities of the energy transition. www.accr.org.au/news/agl-sha...

AGL shareholders keep foot on the transition accelerator - ACCR

AGL’s Climate Transition Action Plan (CTAP) received a nearly 31% vote against at the company’s Annual General Meeting, held today.

www.accr.org.au

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Australasian Centre for Corporate Responsibility (ACCR) @accr.bsky.social · 5d

AGL Energy will go into Friday’s AGM with unusually broad investor support for its CTAP, but could still face opposition from its biggest shareholder, Mike Cannon-Brookes’ Grok Ventures, which has been critical of the company’s decarbonisation efforts. www.afr.com/companies/en...

AGL wins backing for climate plan but Cannon-Brookes’ support in doubt

The reality of Australia’s sluggish energy transition has taken some of the heat off the country’s largest carbon emitter, but its biggest shareholder still isn’t happy.

www.afr.com

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Australasian Centre for Corporate Responsibility (ACCR) @accr.bsky.social · 5d

Proxy adviser ISS is urging AGL Energy shareholders to vote against adopting its new climate transition action plan at the company's annual general meeting www.capitalbrief.com/article/agl-...

AGL shareholders urged to vote down new climate plan

Proxy advisor ISS and activist shareholder group ACCR have both criticised the climate transition plan ahead of Friday's annual general meeting.

www.capitalbrief.com

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Australasian Centre for Corporate Responsibility (ACCR) @accr.bsky.social · 6d

Though they still haven’t been officially confirmed, reports China’s state-owned buyer told steelmakers to stop purchasing iron ore from Australian mining giant BHP have rattled both markets and Canberra. theconversation.com/is-chinas-re...

Is China’s reported ban on BHP a bluff, or a glimpse of the future?

If reports are true, the ‘ban’ is less of a final break than a negotiation tactic. It is China’s way of showing Australia the old rules no longer apply.

theconversation.com

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Australasian Centre for Corporate Responsibility (ACCR) @accr.bsky.social · 6d

To assist investors in their engagements with Shell, this bulletin offers a set of principles that should inform the company’s approach to disclosure and a (non-exhaustive) list of LNG disclosures that Shell could usefully make. www.accr.org.au/insights/inv...

Investor Bulletin: Enhancing Shell’s LNG disclosures - ACCR

Investors sent a strong signal to Shell that the quality of its disclosures is out of step with the size of its bet on LNG – now it’s time for the company to respond.

www.accr.org.au

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Australasian Centre for Corporate Responsibility (ACCR) @accr.bsky.social · 6d

Have you heard offshore windfarms kill whales? (They don’t.) Or that electric vehicles catch fire more often than petrol cars? (It’s the opposite.) Perhaps you’ve heard “natural” gas is clean? (It can be worse than coal.) theconversation.com/pr-firms-are...

PR firms are spreading climate misinformation on behalf of fossil fuel companies. Could Australia stop them?

This week, Australian policymakers heard about the real and growing problem of climate misinformation. Stopping it would mean regulating the PR industry.

theconversation.com

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