The program heard from former workers who claimed as little as seven per cent of the donations were actually passed on to the desired charity, with the rest going directly to the Appco Group.

It also claims Appco staff mocked the very charities they were raising money to support. 

“The behaviour credited to Appco staff during the Sunday Night show is disgusting,” Greenpeace Deputy Program Director, Nic Seton, said.

“While Greenpeace Australia Pacific have never had any dealings with Appco we are nonetheless concerned by claims that any company would use a charity’s good name to gouge the public for donations."

Greenpeace use a number of different service providers to connect with the public for charitable donations all of which go through a rigorous due diligence process.

“Agencies are constantly reassessed as part of this due diligence process and any suppliers who show a lack of ethics or predatory behaviour will be terminated,” Seton said.

“We believe in protecting the environment and assisting impacted communities and every single dollar that we raise is budgeted to best maximize our impact.”

For interviews contact:
Simon Black
Greenpeace Senior Media Campaigner
0418 219 086 / simon.black@greenpeace.org

Ahead of the G20 Summit in Hamburg, the Greenpeace Germany-commissioned study also found that in about half of the G20 countries, renewable energy has been cheaper or equal in price to electricity generated from dirty coal or hazardous nuclear power plants since 2015.

Read the full report

"There can be no excuses anymore. Climate protection increasingly makes economic sense across the G20 as renewable energy becomes cheaper than dirty coal and nuclear,” Greenpeace Germany energy expert Tobias Austrup said.

“Any G20 country that is still investing in coal and nuclear power plants is wasting their money on technology that will not be competitive in coming years. The G20 now has a responsibility to send a clear signal that accelerating the clean energy transition is not only the right thing to do for the climate, but also for the economy.”

The Finnish Lappeenranta University of Technology study, commissioned by Greenpeace, calculates the electricity generation costs in all G20 countries for the years 2015 and 2030.

The study found that wind farms already generate the cheapest form of electricity in 2015 in large parts of Europe, South America, the US, China and Australia. Due to rapid technical progress and falling price, in 2030 solar energy will be so cheap that it will be even cheaper than wind power in many G20 countries.

Global investments mirror the results of the Greenpeace study. UN figures reveal that in 2016 investments in renewables were double that of investments in conventional power stations. About 55 percent of the added electricity capacities were based on renewable energies last year - a record figure.

US President Trump, however, is mistakenly promoting coal and nuclear power.

"Trump’s energy policy is simply a bad deal," Austrup added. "The US has excellent conditions for expanding its wind and solar energy capabilities and states like California, Texas or Iowa will not miss this chance."

Notes:

Greenpeace Germany study comparing electricity production costs: http://gpurl.de/9IHVS

UN study on global trends in renewable energy investment: http://fs-unep-centre.org/sites/default/files/publications/globaltrendsinrenewableenergyinvestment2017.pdf

Media contacts:
Gregor Kessler, Greenpeace Germany, Communications: gregor.kessler@greenpeace.org +49 151 7270 2918

Greenpeace International Press Desk: +31 (0)20 718 2470 (available 24 hours) pressdesk.int@greenpeace.org

The analysis comes as Environment Ministers from across Australia meet in Melbourne today.

Greenpeace plastics campaigner Samantha Wockner, who is in Melbourne with Greenpeace supporters demonstrating outside the meeting, said:

“It’s time for New South Wales and Victoria to clean up their act and finally ban the bag.

“Every other state and territory is banning the bag and even the big supermarket chains are acting.

“Government inaction in our two most populous states is letting down the country.

“We’re calling on NSW Environment Minister Upton and Victorian Environment Minister D'Ambrosio to finally ban the bag at today’s meeting of environment ministers.

“Our analysis shows that the New South Wales and Victorian governments can’t get away with the excuse that they don’t need to act because the supermarkets are.

“Even once the supermarket bans are in place, there will be 1.6 to 2 billion bags each year not covered if NSW and Victoria fail to act.

“The analysis also shows that many websites including some government sources in Australia grossly underestimate the amount of plastic bags being used.

“Our oceans are already being clogged up with plastic pollution, and the last thing we need is billions more bags across NSW and Victoria ending up in these states’ beautiful beaches, waterways and oceans to strangle and suffocate marine life,” Ms Wockner said. 

Contact – Monique Vandeleur 0419 588 430

Notes for editors: 

For a copy of the analysis go to the Greenpeace blog

http://www.greenpeace.org.au/blog/billions-of-bags/#.WX_PEVqg9QN

The mining giant’s chairman today gave his final investment approval for the multi-billion dollar Carmichael mine in central Queensland's Galilee Basin.

The company are yet to confirm financing or if a billion dollar loan from the Northern Australian Infrastructure Facility to fund the rail line between the proposed mine and the Abbot Point coal terminal has been granted.

“This mine will be a disaster for the climate, the Great Barrier Reef and frontline communities in Queensland and around the world,” Greenpeace Climate and Energy Campaigner, Nikola Casule, said.

“This toxic mega-mine is deeply unpopular with the Australian people and is not viable without massive handouts of public money through subsidies or loans from the NAIF and Queensland government.

“Any public assistance to the mine is a betrayal of the Australian public and the things they hold dear, like a healthy Reef and support for public services that lose out when billions of dollars are given to Adani instead of to schools and hospitals.

“Greenpeace are calling for state and federal governments to rule out any public funds being granted to this environmentally destructive and economically disastrous project once and for all.

“The people of Australia have overwhelmingly rejected this toxic project. The age of coal is dead and we need real leadership to ensure a just transition away from fossil fuels for the Australian community.”

For interviews contact:
Simon Black
Greenpeace Senior Media Campaigner
0418 219 086 / simon.black@greenpeace.org

They also released a new poll showing 65% of residents in NSW, VIC and WA supported a ban; with 79% support in states with existing bans (see below).

“The environmental and community verdict is in – it’s time for state governments to take action. The growing alarm about plastic pollution of the ocean is creating added urgency which can’t be ignored,” said Jeff Angel, Director of the Boomerang Alliance of 47 groups.

Greenpeace Senior Media Campaigner, Simon Black, said: "Australians use tens of millions of plastic bags each day". 

"An estimated 50 million of the littered bags end up in our waterways and oceans each year. There is now an estimated 1.7 million tonnes of plastic contaminating our waterways.” 

"Much of it in the form of invisible microplastics which cannot be seen but kill marine life and contaminating our food."

Ian Kiernan, AO, Chairman of CleanUp Australia said: “We’re seeing more and more businesses and local communities ditching the plastic bag. There are plenty of alternatives. Governments should take their guide from this and enact state laws.”

Omnipoll 25 May - 5 June 2017

Support or not the ban in "STATE" of single use plastic bags given out at supermarket and store checkouts. 

Further information:

Jeff Angel, Boomerang Alliance - 0418 273 773

Simon Black, Greenpeace, 0418 219 086

The revelation comes after continued pressure by customers and concerned community members who have staged numerous protests outside CommBank branches across the country and peppered the bank’s Facebook page with messages pleading for the bank to “dump coal” and “stop supporting the fossil fuel industry”.

“Despite clear proof that fossil fuel investments are toxic, the Commonwealth Bank would rather create a PR team than deal with their customers’ concerns,” Greenpeace Climate and Energy Campaigner, Nikola Casule, said.

“Customers started out angry that the bank they trusted with their money is investing in fossil fuels that are damaging the environment and killing the Great Barrier Reef and now they are furious that those concerns are being ignored.

“The only substantial thing CommBank have done since their customers started telling them they wanted action on climate change has been to set up a team of people to try to convince people not to take their business elsewhere,” Dr Casule said.

The Commonwealth Bank made a public commitment to take action to limit global warming to no more than two degrees in late 2015, but last year lent a massive $3.886 billion to coal, gas and oil mining and infrastructure projects, making it the biggest funder of dirty fossil fuels in Australia in 2016.

Under questioning at a parliamentary inquiry in March, CEO Ian Narev was unable to provide a single example of the bank’s climate policy affecting lending decisions and last month it was revealed that CommBank had been secretly working with Adani to facilitate the construction of the Carmichael megamine. It has still not ruled out providing finance to the proposed mine.  

A new international study into 37 banks’ fossil fuel lending policies by BankTrack yesterday put the Commonwealth Bank at the bottom of the pile because of its failure to evidence any policies to restrict coal, gas or extreme oil projects.

“I have been a CommBank customer for over 20 years. I have several mortgages and a business account,” Cabarita resident and business owner, Michael Rahme, said.

“Investing in new coal mines  and coal fired power stations has clearly and undoubtedly become an investment risk, a social risk, and an environmental risk that can no longer be ignored. The individuals on the Board of CommBank would be morally and ethically bankrupt to continue to do so.

“If Commbank do not publicly declare that they will no longer fund or lend or invest in new coal fired power stations, I will be leaving the bank and never coming back.”

Close to 85,000 people have signed a petition calling on CommBank to stop funding new coal, and over 4,500 CommBank customers have indicated they are considering changing banks over their support of dirty coal, oil and gas projects.

“Instead of action to address the concerns of their customers all we have seen is more empty repetition of the same PR rhetoric and spin in direct letters and emails to customers,” Dr Casule said.

“The Commonwealth Bank talks up the need to address climate change, invest in renewables and help us transition to a low-carbon economy, but they are not living up to their word.”

For interviews contact:

Rachael Vincent, Media Campaigner rachael.vincent@greenpeace.org 02 9263 0354 | 0413 993 316

Notes

Market Forces’ research shows CommBank is Australia’s dirtiest bank, lending $3,886 million to fossil fuels in 2016 and a total of $20.5 billion between 2008 and the first half of 2016 (including $4.523 billion to coal mines, coal fired power plants and coal ports).

The supermarket giants today announced they would no longer offer the lightweight plastic shopping bags across their chains of stores network in Australia.

“This announcement by Woolworths and Coles show they are serious about their responsibilities as Australia’s largest supermarket chains,” Greenpeace campaigner Samantha Wockner said.

“This ban will stop billions of bags from being used each year in Australia, tens of millions of which can make their way into our waterways and eventually end inside marine life and our food.

“The environment ministers of Victoria and NSW need to recognise that they are being left behind on this issue and must step up and show the leadership that is embarrassingly being shown by supermarket chains and not them.”

Greenpeace Australia Pacific is calling on the state governments of NSW and Victoria to follow the lead set by Woolworths and Coles.

South Australia, Tasmania, the Northern Territory and ACT all have bans on single-use plastic bags. Queensland will introduce a ban in July 2018 while NSW and Victoria are yet to implement a policy on bags. Western Australia has stated it hopes to bring in a ban on bags in the next 18 months.

“The overwhelming majority of Australians support a ban on single use plastic bags - which are only used for minutes on average, but then take up to a thousand years to decompose,” Wockner said.

“There is no reason for the paralysis currently infecting some state and federal governments on this issue.

“It’s time for us to ban the bag at every level.”

For interviews contact:

Simon Black

Greenpeace Senior Media Campaigner

0418 219 086 / simon.black@greenpeace.org

The Senate today voted to establish an inquiry into the NAIF and any potential conflicts of interest on its board. This came after revelations that one of the board’s directors, Karla Way-McPhail, also runs mining labour and equipment hire companies and had made “hyper-partisan comments” online in support of the coal industry.

“A compromised board consisting of mining executives, some of them personally familiar with, and recommended by the resources minister, is no way to decide how to spend $5 billion dollars of taxpayers money,” Greenpeace Climate and Energy Campaigner, Nikola Casule said.

“For too long the NAIF board have been allowed to operate in the shadows, refusing to answer any and all questions put to them about how they were planning to spend billions of dollars of the public’s money.

“Former federal treasurer Wayne Swan has labelled the NAIF ‘a slush fund’ on more than one occasion and declared it would be a ‘disaster’ for Australia if it were allowed to continue to operate unchecked.”

Greenpeace welcomes today’s announcement, which should serve as an alarm for the Australian community.

“Facts which have recently come to light have shown serious questions need to be asked about the members who comprise the board and their agendas,” Casule said.

“This is particularly concerning when NAIF is currently considering a $1 billion loan to the rail infrastructure for the Carmichael coal mine: a project that’s an economic and environmental disaster.

“This inquiry must serve as a notice for the NAIF board and the dying coal industry that the country will not stand by while $1 billion dollars is used to prop up projects which would be a disaster for Queensland both environmentally and economically.”

For interviews contact:
Simon Black
Greenpeace Senior Media Campaigner
0418 219 086 / simon.black@greenpeace.org

The program heard from former workers who claimed as little as seven per cent of the donations were actually passed on to the desired charity, with the rest going directly to the Appco Group.

It also claims Appco staff mocked the very charities they were raising money to support. 

“The behaviour credited to Appco staff during the Sunday Night show is disgusting,” Greenpeace Deputy Program Director, Nic Seton, said.

“While Greenpeace Australia Pacific have never had any dealings with Appco we are nonetheless concerned by claims that any company would use a charity’s good name to gouge the public for donations."

Greenpeace use a number of different service providers to connect with the public for charitable donations all of which go through a rigorous due diligence process.

“Agencies are constantly reassessed as part of this due diligence process and any suppliers who show a lack of ethics or predatory behaviour will be terminated,” Seton said.

“We believe in protecting the environment and assisting impacted communities and every single dollar that we raise is budgeted to best maximize our impact.”

For interviews contact:
Simon Black
Greenpeace Senior Media Campaigner
0418 219 086 / simon.black@greenpeace.org

Ahead of the G20 Summit in Hamburg, the Greenpeace Germany-commissioned study also found that in about half of the G20 countries, renewable energy has been cheaper or equal in price to electricity generated from dirty coal or hazardous nuclear power plants since 2015.

Read the full report

"There can be no excuses anymore. Climate protection increasingly makes economic sense across the G20 as renewable energy becomes cheaper than dirty coal and nuclear,” Greenpeace Germany energy expert Tobias Austrup said.

“Any G20 country that is still investing in coal and nuclear power plants is wasting their money on technology that will not be competitive in coming years. The G20 now has a responsibility to send a clear signal that accelerating the clean energy transition is not only the right thing to do for the climate, but also for the economy.”

The Finnish Lappeenranta University of Technology study, commissioned by Greenpeace, calculates the electricity generation costs in all G20 countries for the years 2015 and 2030.

The study found that wind farms already generate the cheapest form of electricity in 2015 in large parts of Europe, South America, the US, China and Australia. Due to rapid technical progress and falling price, in 2030 solar energy will be so cheap that it will be even cheaper than wind power in many G20 countries.

Global investments mirror the results of the Greenpeace study. UN figures reveal that in 2016 investments in renewables were double that of investments in conventional power stations. About 55 percent of the added electricity capacities were based on renewable energies last year - a record figure.

US President Trump, however, is mistakenly promoting coal and nuclear power.

"Trump’s energy policy is simply a bad deal," Austrup added. "The US has excellent conditions for expanding its wind and solar energy capabilities and states like California, Texas or Iowa will not miss this chance."

Notes:

Greenpeace Germany study comparing electricity production costs: http://gpurl.de/9IHVS

UN study on global trends in renewable energy investment: http://fs-unep-centre.org/sites/default/files/publications/globaltrendsinrenewableenergyinvestment2017.pdf

Media contacts:
Gregor Kessler, Greenpeace Germany, Communications: gregor.kessler@greenpeace.org +49 151 7270 2918

Greenpeace International Press Desk: +31 (0)20 718 2470 (available 24 hours) pressdesk.int@greenpeace.org

The analysis comes as Environment Ministers from across Australia meet in Melbourne today.

Greenpeace plastics campaigner Samantha Wockner, who is in Melbourne with Greenpeace supporters demonstrating outside the meeting, said:

“It’s time for New South Wales and Victoria to clean up their act and finally ban the bag.

“Every other state and territory is banning the bag and even the big supermarket chains are acting.

“Government inaction in our two most populous states is letting down the country.

“We’re calling on NSW Environment Minister Upton and Victorian Environment Minister D'Ambrosio to finally ban the bag at today’s meeting of environment ministers.

“Our analysis shows that the New South Wales and Victorian governments can’t get away with the excuse that they don’t need to act because the supermarkets are.

“Even once the supermarket bans are in place, there will be 1.6 to 2 billion bags each year not covered if NSW and Victoria fail to act.

“The analysis also shows that many websites including some government sources in Australia grossly underestimate the amount of plastic bags being used.

“Our oceans are already being clogged up with plastic pollution, and the last thing we need is billions more bags across NSW and Victoria ending up in these states’ beautiful beaches, waterways and oceans to strangle and suffocate marine life,” Ms Wockner said. 

Contact – Monique Vandeleur 0419 588 430

Notes for editors: 

For a copy of the analysis go to the Greenpeace blog

http://www.greenpeace.org.au/blog/billions-of-bags/#.WX_PEVqg9QN

Filed today by Environmental Justice Australia on behalf of shareholders of over twenty years, Guy and Kim Abrahams, and litigated by former Federal Court judge Ron Merkel QC, the case will argue that the bank has failed in its duty to shareholders to disclose the financial and reputational risk posed by climate change.

"The Commonwealth Bank's multi-billion-dollar exposure to fossil fuels not only poses a threat to future generations and the Great Barrier Reef, but as regulators and analysts have repeatedly warned, it also poses a risk to the Bank's own shareholders,” Greenpeace Australia Pacific spokesperson Jonathan Moylan said.

“Projects like Adani’s Carmichael coal mine and the Newcastle coal port expansion must not continue if we have any chance of slowing climate change and meeting our targets under the Paris Accords.

“Despite a public commitment to taking action on climate change CommBank continues to pour billions of dollars into the expansion of fossil fuel projects.”

Analysis [1] by environmental finance group Market Forces shows that the Commonwealth Bank has loaned AU$6 billion to fossil fuel companies in the last eighteen months since they publicly committed to support the goals of the Paris Agreement, representing lifetime emissions of 2.8 billion tonnes of CO2, making the Commonwealth Bank the most polluting bank of the "Big Four" Australian banks.

They are also the only remaining big four Australian bank to have not ruled out financing Adani's coal mine in the Galilee Basin, and have operated as a transactional bank for the project.

The Commonwealth Bank are also currently facing allegations of more than 50,000 cases of failing to comply with laws relating to money laundering. These allegations are currently before the court.

“The current allegations against CommBank, if proven true, would be another example of the bank's litany of failures it its attempts to appropriately manage risk in recent years,” Moylan said.

“Today's filing by Environmental Justice Australia demonstrates another threat that the bank are failing to take seriously - that of climate change, which poses a serious and material risk to banks that continue to expose themselves to fossil fuel projects that would become stranded assets if the Paris targets are met.

“This case is the latest demonstration of growing public concern about financial institutions' failure to account for climate risk. The age of coal is ending, and investments of this nature are only getting riskier.

“Commonwealth Bank investors need to know how exposed they are to these risks.”

While fourteen international banks including HSBC, Deutsche Bank and ING have adopted policies excluding new coal mines in recent years, the Commonwealth Bank has failed to do so.

Financial institutions have been repeatedly warned of the risk of litigation due to climate risk, most notably by the G20 Taskforce on Climate-Related Financial Disclosures, led by Governor of the Bank of England, Mark Carney, and by Australian Prudential Regulatory Authority director Geoff Summerhayes, who in February warned that the prudential regulator would be paying increased attention to climate risk.

NOTES FOR EDITORS:

[1] https://www.marketforces.org.au/campaigns/banks-new/twodegrees/

For interviews contact:

Simon Black

Greenpeace Senior Media Campaigner

0418 219 086 / simon.black@greenpeace.org

Mining giant Glencore was yesterday granted the first mining leases for a 22 million tonne thermal coal mine in the Surat Basin at Wandoan, north west of Brisbane.

“The Queensland government have repeatedly shown their first priority is to prop up a dying coal industry instead of standing up for communities and the environment,” Greenpeace Climate and Energy campaigner Nikola Casule said.

“We can either have a healthy planet and thriving Great Barrier Reef or we can have new coal mines, not both.

“While the world is moving away from coal, Australia’s politicians seem content to take us in the opposite direction.

“This approval is simply the latest in a long series of decisions benefitting the coal industry at the expense of the Australian people and the places they love.”

Greenpeace Australia Pacific is calling for the government to stop the lucrative taxpayer-funded handouts designed to prop up the coal industry despite the fact that global coal demand is in decline.  [1]

“Our energy future is in renewables, not last century’s polluting coal. Any country that attempts to stick to the fossil fuel path will be left behind,” Casule said.

“Our politicians must abandon their coal fetish and instead harness the renewable energy revolution to protect Australian communities and position Australia as an industry leader in this rapidly growing sector.”

NOTES FOR EDITORS:

[1] http://www.greenpeace.org/india/Global/india/docs/BoomAndBust_2017_EMBARGO.pdf

For interviews contact:

Simon Black

Greenpeace Senior Media Campaigner

0418 219 086 / simon.black@greenpeace.org

The mining giant’s chairman today gave his final investment approval for the multi-billion dollar Carmichael mine in central Queensland's Galilee Basin.

The company are yet to confirm financing or if a billion dollar loan from the Northern Australian Infrastructure Facility to fund the rail line between the proposed mine and the Abbot Point coal terminal has been granted.

“This mine will be a disaster for the climate, the Great Barrier Reef and frontline communities in Queensland and around the world,” Greenpeace Climate and Energy Campaigner, Nikola Casule, said.

“This toxic mega-mine is deeply unpopular with the Australian people and is not viable without massive handouts of public money through subsidies or loans from the NAIF and Queensland government.

“Any public assistance to the mine is a betrayal of the Australian public and the things they hold dear, like a healthy Reef and support for public services that lose out when billions of dollars are given to Adani instead of to schools and hospitals.

“Greenpeace are calling for state and federal governments to rule out any public funds being granted to this environmentally destructive and economically disastrous project once and for all.

“The people of Australia have overwhelmingly rejected this toxic project. The age of coal is dead and we need real leadership to ensure a just transition away from fossil fuels for the Australian community.”

For interviews contact:
Simon Black
Greenpeace Senior Media Campaigner
0418 219 086 / simon.black@greenpeace.org

The letter also calls for members to rule out any involvement with Adani’s Carmichael mine in Queensland, with the NAIF currently considering a proposal to loan $1 billion of taxpayers’ money to the billionaire mining company for the construction of a rail line.

“Given the large amount of public money at stake and the high degree of community interest in this issue, it is particularly important that the public not be kept in the dark,” the letter reads.

“We ask you to be transparent and open in your decision-making.

“In reaching your decision, please give proper weight to the overwhelming popular conviction that public money should not be used to finance Adani’s high-risk Carmichael project.”

The letter comes one day before the fund is due to face a senate grilling over possible conflicts of interest on its board after revelations that one of the board’s directors also runs companies associated with mining labour and equipment hire and was personally known by the the former resources minister.

“The controversy surrounding the NAIF and its consideration of this project has united Australians from every background,” Greenpeace Climate and Energy campaigner Nikola Casule said.

“This letter is another reminder that both experts in corporate governance and transparency as well as ordinary Australians are opposed to any taxpayers’ money being used to prop up a dying industry. New coal mines, like the Carmichael mine, aren’t viable without the support they get from the government in the form of subsidies and royalty holidays.

“With this letter more prominent voices join those of former treasurer Wayne Swan and former Liberal Party leader John Hewson in warning against any public money going into this mine.”

The letter has been signed by:

Jon AltmanProfessor of Anthropology, Deakin University

Frank BongiornoProfessor of History, Australian National University

Ian DunlopFormer Chair, Australian Coal Association and CEO AICD

Robyn EckersleyProfessor of Political Science, University of Melbourne

Alex GardnerProfessor of Natural Resources and Environmental Law, The University of

Western Australia

Sarah JosephProfessor of Law, Monash University

John KeaneProfessor of Politics, University of Sydney

Stephen Keim SCSenior Counsel

Greg McIntyre SCSenior Counsel

John QuigginProfessor of Economics, University of Queensland

Barry RafeDirector Trainer

Christopher WrightProfessor of Organisational Studies, University of Sydney

James WrightCEO, Future Business Council

For interviews contact:

Simon Black

Greenpeace Senior Media Campaigner

0418 219 086 / simon.black@greenpeace.org

A submission made to the inquiry by the NAIF itself shows that director Sally Pitkin ceased her association with the body on July 31, 2017.

No mention of Ms Pitkin’s departure has been made on the NAIF’s website nor has any public announcement been made about her position or the effect this resignation will have on the projects the board is considering.

“The NAIF is run by a compromised board of hand-picked mining executives, some of whom were personally familiar with, and recommended by, the former resources minister Matt Canavan,” Greenpeace Climate and Energy campaigner Nikola Casule said.

“They have consistently refused any public accountability or oversight. This latest resignation, done quietly behind the scenes only a week before a senate inquiry into the Facility, shows that the NAIF is in disarray and not fit for purpose.

“If the NAIF is truly to operate in the interests of Northern Australia rather than a $5 billion ‘slush fund’ of public money, as it was described by former treasurer, Wayne Swan, it must be disbanded so we can start again.”

The Australian Senate voted to establish an inquiry into the NAIF and any potential conflicts of interest on its board after revelations that one of the board’s directors, Karla Way-McPhail, also runs mining labour and equipment hire companies and had made “hyper-partisan comments” online in support of the coal industry.

For interviews contact:

Simon Black

Greenpeace Senior Media Campaigner

0418 219 086 / simon.black@greenpeace.org

The bank, which is currently facing litigation by shareholders for failing to disclose climate risk, today confirmed they had not been approached to finance the controversial development in Queensland and "would not be" approached in the future.

"Today’s announcement by CommBank means it is even more unlikely that Adani’s project will gain the finance necessary to build the controversial Carmichael mine, but CommBank is still right at the bottom of the league table in terms of bank climate policies,” Greenpeace campaigner Jonathan Moylan said.

“Fourteen banks globally, including HSBC and Deutsche Bank, have ruled out funding new coal projects, and CommBank will continue to face public pressure until it does the same.”

"CommBank has financed more fossil fuel pollution than any other Australian bank since it committed to support the Paris Agreement only eighteen months ago.”

“If CommBank do not rule out funding fossil fuels projects in their new climate policy, that Paris Agreement commitment will look even more hollow.”

Analysis by University College London’s Institute for Sustainable Resources shows that to limit average global warming to two degrees, a third of the world’s oil reserves, half of its gas reserves and 80 per cent of coal reserves must remain in the ground. 

“Australians do not want their money invested in projects that damage the Great Barrier Reef, and pose a risk to Pacific Islanders and future generations,” continued Mr Moylan.

"Greenpeace will keep up the pressure to ensure that CommBank take steps to rule out new investments in the dying coal industry and reflect the concern of their customers, shareholders, and the wider Australian community."

For more information, contact:

Simon Black 
Senior Media Campaigner

Greenpeace Australia Pacific

Tel: 0418 219 086
Email: sblack@greenpeace.org

The Senate today voted to establish an inquiry into the NAIF and any potential conflicts of interest on its board. This came after revelations that one of the board’s directors, Karla Way-McPhail, also runs mining labour and equipment hire companies and had made “hyper-partisan comments” online in support of the coal industry.

“A compromised board consisting of mining executives, some of them personally familiar with, and recommended by the resources minister, is no way to decide how to spend $5 billion dollars of taxpayers money,” Greenpeace Climate and Energy Campaigner, Nikola Casule said.

“For too long the NAIF board have been allowed to operate in the shadows, refusing to answer any and all questions put to them about how they were planning to spend billions of dollars of the public’s money.

“Former federal treasurer Wayne Swan has labelled the NAIF ‘a slush fund’ on more than one occasion and declared it would be a ‘disaster’ for Australia if it were allowed to continue to operate unchecked.”

Greenpeace welcomes today’s announcement, which should serve as an alarm for the Australian community.

“Facts which have recently come to light have shown serious questions need to be asked about the members who comprise the board and their agendas,” Casule said.

“This is particularly concerning when NAIF is currently considering a $1 billion loan to the rail infrastructure for the Carmichael coal mine: a project that’s an economic and environmental disaster.

“This inquiry must serve as a notice for the NAIF board and the dying coal industry that the country will not stand by while $1 billion dollars is used to prop up projects which would be a disaster for Queensland both environmentally and economically.”

For interviews contact:
Simon Black
Greenpeace Senior Media Campaigner
0418 219 086 / simon.black@greenpeace.org

The program heard from former workers who claimed as little as seven per cent of the donations were actually passed on to the desired charity, with the rest going directly to the Appco Group.

It also claims Appco staff mocked the very charities they were raising money to support. 

“The behaviour credited to Appco staff during the Sunday Night show is disgusting,” Greenpeace Deputy Program Director, Nic Seton, said.

“While Greenpeace Australia Pacific have never had any dealings with Appco we are nonetheless concerned by claims that any company would use a charity’s good name to gouge the public for donations."

Greenpeace use a number of different service providers to connect with the public for charitable donations all of which go through a rigorous due diligence process.

“Agencies are constantly reassessed as part of this due diligence process and any suppliers who show a lack of ethics or predatory behaviour will be terminated,” Seton said.

“We believe in protecting the environment and assisting impacted communities and every single dollar that we raise is budgeted to best maximize our impact.”

For interviews contact:
Simon Black
Greenpeace Senior Media Campaigner
0418 219 086 / simon.black@greenpeace.org