NAB, ANZ slapped with climate resolutions

Australian banks ANZ and NAB are being hit with shareholder resolutions calling for a reduction to their exposure to the coal, oil and gas industries, as activist shareholder group Market Forces attempts to compel the banks to be consistent to the Paris Agreement.

NAB, ANZ slapped with climate resolutions NAB, ANZ slapped with climate resolutions NAB, ANZ slapped with climate resolutions NAB, ANZ slapped with climate resolutions NAB, ANZ slapped with climate resolutions

The resolutions include making amendments to the banks' constitutions to request information about how the power of the company is partially or exclusively vested in the directors should be exercised;