Australasian Centre for Corporate Responsibility (ACCR)
@accr.bsky.social
ACCR is a shareholder advocacy and research organisation. We use shareholder strategy to enable investors to escalate engagements with heavy-emitting companies in their portfolios. Find us at accr.org.au
BHP has finally seen the writing on the wall. There is no compelling financial case for new coal projects in the current market. It now has an opportunity to focus on expanding its plans for lower-emissions steelmaking & reducing its scope 3 emissions. www.abc.net.au/news/2025-11...
Global miner BMA drops Queensland mine expansion plan
An environmental impact statement found that the project site would clear 136 hectares of koala habitat and significantly affect 33.55 hectares supporting greater glider populations.
www.abc.net.au
November 27, 2025 at 1:50 AM
BHP has finally seen the writing on the wall. There is no compelling financial case for new coal projects in the current market. It now has an opportunity to focus on expanding its plans for lower-emissions steelmaking & reducing its scope 3 emissions. www.abc.net.au/news/2025-11...
We are #hiring for a Sector Strategies Lead. This senior role will lead a small team that drives the development of our company engagement, strategy development & campaign oversight across three key sector value chains (Steel, Oil & Gas, Power).
app.beapplied.com/apply/7jgqyf...
app.beapplied.com/apply/7jgqyf...
Sector Strategies Lead
Employer: Australasian Centre for Corporate Responsibility Work Type/s: Permanent, full time Salary: AU$145,000 – $160,000 + super depending on experience Sector/s: Not For Profit (NFP) Location: any ...
app.beapplied.com
November 27, 2025 at 12:45 AM
We are #hiring for a Sector Strategies Lead. This senior role will lead a small team that drives the development of our company engagement, strategy development & campaign oversight across three key sector value chains (Steel, Oil & Gas, Power).
app.beapplied.com/apply/7jgqyf...
app.beapplied.com/apply/7jgqyf...
Woodside's Browse is likely too costly for WA consumers and could drive industrial demand destruction ieefa.org/resources/br...
Browse is not the right solution for Western Australia
Gas from Woodside's Browse offshore gas project is not the right solution for energy security Western Australia.
ieefa.org
November 27, 2025 at 12:08 AM
Woodside's Browse is likely too costly for WA consumers and could drive industrial demand destruction ieefa.org/resources/br...
The outgoing comptroller of the New York City Pension Fund has put forward recommendations to terminate three public equity mandates, including a $42bn mandate with BlackRock, after several managers failed to meet climate reporting expectations www.netzeroinvestor.net/news-and-vie...
$42bn on the line: outgoing NYC comptroller pushes for BlackRock divestment
The outgoing comptroller of the New York City Pension Fund has put forward recommendations to terminate three public equity mandates, including a $42bn mandate with BlackRock, after several managers f...
www.netzeroinvestor.net
November 26, 2025 at 11:41 PM
The outgoing comptroller of the New York City Pension Fund has put forward recommendations to terminate three public equity mandates, including a $42bn mandate with BlackRock, after several managers failed to meet climate reporting expectations www.netzeroinvestor.net/news-and-vie...
BP’s gas assets are, on average, more expensive than 76% of global pre‑FID supply, and its conventional oil projects are more costly than 53% of peers’ projects, suggesting it is not competing at the low‑cost end of the supply curve. ts2.tech/en/bp-stock-...
BP Stock Today, 26 November 2025: Olympic Pipeline Restart, Seatrium’s Tiber FPU Deal and Fresh Activist Pressure on Strategy
BP Stock Today, 26 November 2025: Olympic Pipeline Restart, Seatrium’s Tiber FPU Deal and Fresh Activist Pressure on Strategy - TechStock²
ts2.tech
November 26, 2025 at 11:24 PM
BP’s gas assets are, on average, more expensive than 76% of global pre‑FID supply, and its conventional oil projects are more costly than 53% of peers’ projects, suggesting it is not competing at the low‑cost end of the supply curve. ts2.tech/en/bp-stock-...
The UK government says it is sticking to its manifesto pledge by becoming the first major economy to have a 1.5C- & climate science-aligned no new licences position, but it plans to allow some new drilling in oil & gas fields that have existing licenses. www.theguardian.com/business/202...
North Sea plan allows drilling while enabling Labour to keep ‘no new licences’ pledge
‘Tiebacks’ will permit small amount of new fossil fuel extraction, but campaigners want bolder strategy
www.theguardian.com
November 26, 2025 at 10:44 PM
The UK government says it is sticking to its manifesto pledge by becoming the first major economy to have a 1.5C- & climate science-aligned no new licences position, but it plans to allow some new drilling in oil & gas fields that have existing licenses. www.theguardian.com/business/202...
Queensland coal operators are already facing significant economic challenges. Investors will rightly ask about Saraji East’s viability when nearby projects are being sunk by rising costs, tight margins and mounting transition risk. www.accr.org.au/news/bhp-can...
BHP can't ignore the writing on the wall for Saraji East, regardless of government go-ahead - ACCR
ACCR is commenting on the Queensland Government’s recommendation that the BHP Mitsubishi Alliance’s (BMA) Saraji East Mining Lease Project is suitable to proceed.
www.accr.org.au
November 26, 2025 at 10:37 PM
Queensland coal operators are already facing significant economic challenges. Investors will rightly ask about Saraji East’s viability when nearby projects are being sunk by rising costs, tight margins and mounting transition risk. www.accr.org.au/news/bhp-can...
A change to BP’s upstream strategy – in particular, tightening its investment framework and ceasing conventional exploration – offers a more credible path to the value that shareholders expect. www.accr.org.au/research/mov...
Moving BP from rhetoric to action on capital discipline - ACCR
A change to BP’s upstream strategy – in particular, tightening its investment framework and ceasing conventional exploration – offers a more credible path to the value that shareholders expect.
www.accr.org.au
November 26, 2025 at 10:27 PM
A change to BP’s upstream strategy – in particular, tightening its investment framework and ceasing conventional exploration – offers a more credible path to the value that shareholders expect. www.accr.org.au/research/mov...
Labor’s deal with the Greens comes despite the lobbying of the powerful resources sector, which had pleaded with the Coalition to cooperate with government to secure a more business-friendly reform. www.smh.com.au/politics/fed...
Albanese strikes deal with the Greens to pass environment protection bill
The Albanese government has secured a historic deal with the Greens to pass major reforms to national environment laws.
www.smh.com.au
November 26, 2025 at 10:22 PM
Labor’s deal with the Greens comes despite the lobbying of the powerful resources sector, which had pleaded with the Coalition to cooperate with government to secure a more business-friendly reform. www.smh.com.au/politics/fed...
Earlier in the year, Chinese domestic gas production hit an all-time high, bringing LNG imports to the lowest in six years, down by 19% on the year over the first seven months of 2025. Since then, the decline has continued. finance.yahoo.com/news/china-l...
China’s LNG Imports Fall for 13th Straight Month as Domestic Output Surges
China’s LNG imports are falling for the 13th consecutive month as rising domestic gas production, full storage, tariffs, and increased Russian pipeline supplies reshape the country’s natural gas deman...
finance.yahoo.com
November 26, 2025 at 10:20 PM
Earlier in the year, Chinese domestic gas production hit an all-time high, bringing LNG imports to the lowest in six years, down by 19% on the year over the first seven months of 2025. Since then, the decline has continued. finance.yahoo.com/news/china-l...
Rising labour and energy costs, alongside the return of metallurgical coal prices to long-run averages, have squeezed BMA’s margins in Queensland. It is difficult to make the case that Saraji East would stack up financially. www.accr.org.au/news/bhp-can...
BHP can't ignore the writing on the wall for Saraji East, regardless of government go-ahead - ACCR
ACCR is commenting on the Queensland Government’s recommendation that the BHP Mitsubishi Alliance’s (BMA) Saraji East Mining Lease Project is suitable to proceed.
www.accr.org.au
November 26, 2025 at 6:59 AM
Rising labour and energy costs, alongside the return of metallurgical coal prices to long-run averages, have squeezed BMA’s margins in Queensland. It is difficult to make the case that Saraji East would stack up financially. www.accr.org.au/news/bhp-can...
Research from Energy Consumers Australia shows that 1 in 3 households using mains gas expect to cancel their supply within the next decade & nearly 1 in 10 say they will do that in just the next two years. That’s a major shift in a short amount of time. reneweconomy.com.au/we-need-a-re...
reneweconomy.com.au
November 26, 2025 at 3:00 AM
Research from Energy Consumers Australia shows that 1 in 3 households using mains gas expect to cancel their supply within the next decade & nearly 1 in 10 say they will do that in just the next two years. That’s a major shift in a short amount of time. reneweconomy.com.au/we-need-a-re...
Now comes the prospect of a reservation policy that Energy Edge, a consultancy, estimates could cut gas prices for local customers by 18% in NSW, 21% in Queensland and 22% in Victoria. (Western Australia has had domestic reservation for years.) theenergy.co/article/east...
East coast gas users eye LNG exporters
How did we get to the point where the government is considering a policy intervention previously deemed unthinkable?
theenergy.co
November 26, 2025 at 2:58 AM
Now comes the prospect of a reservation policy that Energy Edge, a consultancy, estimates could cut gas prices for local customers by 18% in NSW, 21% in Queensland and 22% in Victoria. (Western Australia has had domestic reservation for years.) theenergy.co/article/east...
'Moving BP from rhetoric to action on capital discipline' finds BP could be US$11 billion more valuable if it stopped exploration and development relating to conventional oil and gas projects and focused on production only. www.accr.org.au/news/new-res...
New research: New oil and gas investment will worsen BP’s performance woes - ACCR
BP’s US$22 billion investment in new conventional oil and gas projects over the past six years has only created US$0.9 billion in shareholder value under forward prices, according to new research from...
www.accr.org.au
November 26, 2025 at 12:53 AM
'Moving BP from rhetoric to action on capital discipline' finds BP could be US$11 billion more valuable if it stopped exploration and development relating to conventional oil and gas projects and focused on production only. www.accr.org.au/news/new-res...
The international crude benchmark, Brent, could dip to the $30s per barrel handle by 2027 as oversupply could overwhelm the market, according to a JP Morgan forecast posted by users on X. finance.yahoo.com/news/jp-morg...
JP Morgan Says Oil Prices Could Plunge Into $30s by 2027
JP Morgan forecasts the international crude benchmark, Brent, could fall to the $30s per barrel by 2027 due to overwhelming market oversupply, while Goldman Sachs expects a 2026 average of $53 for WTI...
finance.yahoo.com
November 26, 2025 at 12:44 AM
The international crude benchmark, Brent, could dip to the $30s per barrel handle by 2027 as oversupply could overwhelm the market, according to a JP Morgan forecast posted by users on X. finance.yahoo.com/news/jp-morg...
BP’s US$22 billion investment in new conventional oil and gas projects over the past six years has only created US$0.9 billion in shareholder value under forward prices, according to new research from ACCR. www.accr.org.au/research/mov...
Moving BP from rhetoric to action on capital discipline - ACCR
A change to BP’s upstream strategy – in particular, tightening its investment framework and ceasing conventional exploration – offers a more credible path to the value that shareholders expect.
www.accr.org.au
November 26, 2025 at 12:09 AM
BP’s US$22 billion investment in new conventional oil and gas projects over the past six years has only created US$0.9 billion in shareholder value under forward prices, according to new research from ACCR. www.accr.org.au/research/mov...
BHP’s repeated failed bids for Anglo American have left investors and analysts questioning the dealmaking strategy of the world’s largest mining company, at a time when it is under pressure to find more growth. on.ft.com/48g75EW
BHP’s failed bids for Anglo lay bare mining group’s struggles to find growth
Industry stunned after company makes fresh attempt to buy smaller rival then walks away just days later
on.ft.com
November 24, 2025 at 11:30 PM
BHP’s repeated failed bids for Anglo American have left investors and analysts questioning the dealmaking strategy of the world’s largest mining company, at a time when it is under pressure to find more growth. on.ft.com/48g75EW
All of us must do our part and subject world leaders to extreme and relentless public pressure. The challenge of stranding potentially trillions of dollars in fossil capital and rebuilding the world is enormous. www.theguardian.com/commentisfre...
Another Cop wrecked by fossil fuel interests and our leaders’ cowardice – but there is another way | Genevieve Guenther
The fingerprints of Russia and Saudi Arabia are all over the decision text in Brazil. But a group of nations led by Colombia and the Netherlands offer hope, says End Climate Silence founding director ...
www.theguardian.com
November 24, 2025 at 11:07 PM
All of us must do our part and subject world leaders to extreme and relentless public pressure. The challenge of stranding potentially trillions of dollars in fossil capital and rebuilding the world is enormous. www.theguardian.com/commentisfre...
Gas is not needed to replace coal, and is not doing so across Asia – the destination for the vast majority of Australian fossil gas exports. Getting to net zero CO2 means rapidly phasing out fossil fuels. There’s simply no other way. www.theguardian.com/australia-ne...
How can Australia convince the world to give up fossil fuels if Anthony Albanese is contradicting himself on gas expansion? | Bill Hare
Getting to net zero CO2 emissions globally means we can halt global warming. This requires a rapid phase-out. It’s physics
www.theguardian.com
November 24, 2025 at 10:56 PM
Gas is not needed to replace coal, and is not doing so across Asia – the destination for the vast majority of Australian fossil gas exports. Getting to net zero CO2 means rapidly phasing out fossil fuels. There’s simply no other way. www.theguardian.com/australia-ne...
So this was another divisive climate summit. The gulf between oil-producing countries (in particular in the Middle East) and the rest of the world has never been wider.
One positive to come out of the summit was the power of organised people. theconversation.com/cop30-five-r...
One positive to come out of the summit was the power of organised people. theconversation.com/cop30-five-r...
Cop30: five reasons the UN climate conference failed to deliver on its ‘people’s summit’ promise
Deals were agreed but with crucial elements missing.
theconversation.com
November 24, 2025 at 10:54 PM
So this was another divisive climate summit. The gulf between oil-producing countries (in particular in the Middle East) and the rest of the world has never been wider.
One positive to come out of the summit was the power of organised people. theconversation.com/cop30-five-r...
One positive to come out of the summit was the power of organised people. theconversation.com/cop30-five-r...
The proposed changes to Australia’s environment legislation, the EPBC Act, do not require the government to assess the climate impacts of new fossil-fuel projects. It leaves the country exposed to significant legal, environmental and political risk. theconversation.com/long-awaited...
Long-awaited environment laws might get Australia sued. Here’s why
Labor has pledged to pass long-awaited environment laws this week. But the current reforms leave Australia open to legal challenge.
theconversation.com
November 24, 2025 at 10:47 PM
The proposed changes to Australia’s environment legislation, the EPBC Act, do not require the government to assess the climate impacts of new fossil-fuel projects. It leaves the country exposed to significant legal, environmental and political risk. theconversation.com/long-awaited...
For emerging markets, LNG has to compete on speed, as well as on cost. LNG projects take 5 to 10 years to realize. Solar can be up & running in less than a year. The result: Solar demand is fundamentally more elastic, responding faster to falling prices. www.semafor.com/article/11/2...
View: In the coming energy glut, solar will outshine LNG
China and the US have competing visions for the future of energy, and Beijing is looking like the safer bet.
www.semafor.com
November 24, 2025 at 2:23 AM
For emerging markets, LNG has to compete on speed, as well as on cost. LNG projects take 5 to 10 years to realize. Solar can be up & running in less than a year. The result: Solar demand is fundamentally more elastic, responding faster to falling prices. www.semafor.com/article/11/2...
“Whilst BHP continues to believe that a combination with Anglo American would have had strong strategic merits and created significant value for all stakeholders, BHP is confident in the highly compelling potential of its own organic growth strategy.” www.ft.com/content/6e8b...
BHP walks away from fresh Anglo American tie-up
Australian miner recently held talks with UK rival following $50bn Teck deal
www.ft.com
November 24, 2025 at 2:04 AM
“Whilst BHP continues to believe that a combination with Anglo American would have had strong strategic merits and created significant value for all stakeholders, BHP is confident in the highly compelling potential of its own organic growth strategy.” www.ft.com/content/6e8b...
So what happened at the Energy and Minerals Tax Conference?
We don’t know because, at time of writing, it has received precisely zero media coverage.
The two most powerful lobby groups in Australia had a party and nobody turned up.
www.thenewdaily.com.au/opinion/2025...
We don’t know because, at time of writing, it has received precisely zero media coverage.
The two most powerful lobby groups in Australia had a party and nobody turned up.
www.thenewdaily.com.au/opinion/2025...
It's the perfect time for the government to defy the mining lobbies
Long-gone are the days when the mining industry could claim to have the power to topple prime ministers and governments.
www.thenewdaily.com.au
November 21, 2025 at 2:25 AM
So what happened at the Energy and Minerals Tax Conference?
We don’t know because, at time of writing, it has received precisely zero media coverage.
The two most powerful lobby groups in Australia had a party and nobody turned up.
www.thenewdaily.com.au/opinion/2025...
We don’t know because, at time of writing, it has received precisely zero media coverage.
The two most powerful lobby groups in Australia had a party and nobody turned up.
www.thenewdaily.com.au/opinion/2025...
"It is regional economies who are most affected by climate change and stand to gain most from action to mitigate fire, flood, storm and drought. Everyone is letting them down with lies, delays and failure to make the argument" writes Zoe Daniel www.theguardian.com/commentisfre...
The Coalition is spinning a line that climate action is economically bad. How are they getting away with it? | Zoe Daniel
In this post-truth environment, the interests of coal and gas are somehow able to win the hearts and minds of voters
www.theguardian.com
November 21, 2025 at 12:40 AM
"It is regional economies who are most affected by climate change and stand to gain most from action to mitigate fire, flood, storm and drought. Everyone is letting them down with lies, delays and failure to make the argument" writes Zoe Daniel www.theguardian.com/commentisfre...