Bushfire survivors join claim against ANZ for financing climate crisis
by Adam Morton Environment editor from on (#4YN0P)
Three survivors joined Friends of the Earth to accuse ANZ of misleading consumers by investing in fossil fuel projects
Three bushfire survivors have joined environment group Friends of the Earth in a claim against ANZ, accusing it of financing the climate crisis by funding fossil fuel projects.
The case, lodged under international guidelines agreed by members of the Organisation for Economic Co-operation and Development (OECD), demands the bank disclose its greenhouse gas emissions, including "scope three" emissions resulting from its business lending and investment portfolio, and set ambitious targets that align with the Paris climate agreement.
Continue reading...