ACCR

How you can be an active investor for the climate · Luma A Climate Action Week community meetup with ACCR's research, engagement and advocacy teams. With our shareholder powers combined, we can have real-world…

If you are attending Climate Action Week Sydney, come have a drink, some nibbles and meet ACCR's team on Thursday 12 March. Learn more about shareholder strategies that work, discuss our impressive research and join some of our initiatives. RSVP here: luma.com/0z62383p

Global sea levels have been underestimated due to poor modelling, research suggests Analysis shows average levels are 30cm higher than thought, and up to 150cm in south-east Asia and Indo-Pacific

“If sea level is higher for your particular island or coastal city than was previously assumed, the impacts from sea level rise will happen sooner than projected before,” said Dr Philip Minderhoud. www.theguardian.com/environment/...

“What we’re seeing here is a gas giant having unfiltered, casual access – at all hours – to senior departmental officials, who are bending over backwards to respond to demands and requests,” ACF chief executive Adam Bandt said.

‘We got there!’: Text messages reveal Woodside’s negotiating tactics Private text messages between Woodside officials and senior Australian decision-makers lift the lid on how the industry engages with government to get results.

Woodside employees exchanged almost 200 texts with an executive in WA’s environmental assessment division, including dozens asking for updates on the timing of the announcement and requests for information about government messaging on the project. www.theage.com.au/environment/...

High Stakes, High Standards As countries compete for access to critical minerals, investors can help ensure the next phase of growth aligns with sustainability goals.

“The geopolitical events tied to the transition and rare earth metals, coupled with increased energy demand, have really complicated the sustainability angle [of mining],” says Harry Ashman, Senior Engagement Specialist at Robeco. sustainableinvestor.online/high-stakes-...

War With Iran Isn’t Just an Oil Story The U.S.-Israeli campaign will have, if anything, bigger implications for liquified natural gas.

Of Qatar’s big customers, Japan, China, Taiwan, and South Korea will likely hang in. But for poorer countries, “if prices get too high, you’re not going to buy the LNG, the loss of this much LNG is not going to be solved just through higher prices.” heatmap.news/energy/iran-...

Some of our interesting insights of LNG markets. Read our latest research: www.accr.org.au/research/for...

Longer leads: Increasing complexity in oil and gas field development Key points Introduction Developing a new oil and gas field takes 3.1 times as long as it used to. Analysis of the Global Oil and Gas Extraction Tracker (GOGET) shows that 2025 startups of new conventi...

It now takes an oil and gas field three times as long to come online compared to the period 1960–1980, when the majority of the world's top producing fields were discovered, an increase of over ten years. globalenergymonitor.org/report/longe...

Five key impacts of LNG supply disruption via Hormuz - Timera Energy The effective closure of the Strait of Hormuz and halted Qatari LNG production mark a major global gas supply shock, driving sharply higher prices amid acute uncertainty over duration and wider disrup...

The effective closure of the Strait of Hormuz and halted Qatari LNG production mark a major global gas supply shock, driving sharply higher prices amid acute uncertainty over duration and wider disruption. timera-energy.com/blog/five-ke...

Why surging oil prices are a shock for the global economy - but not yet a crisis The rise in the oil price so far complicates the outlook, but does not resemble past energy crises.

The current jump in the oil price is not enough to trigger a global recession. But it adds another headwind as global growth moderates. theconversation.com/why-surging-...

The strikes on Iran show why quitting oil is more important than ever Oil isn’t a normal commodity – it shapes politics around the world.

If wars drive up oil prices, pain at the petrol pump will flow through to freight costs, food prices and inflation. theconversation.com/the-strikes-...

Hormuz crisis is a wake-up call for complacent gas consumers The world has already reckoned with its dependence on oil but retains other energy vulnerabilities

The roughly 3 per cent of global gas consumption that travels through the Strait — mainly Qatari LNG, according to S&P data — is equivalent to about a fifth of the seaborne market on which countries such as China, Japan and the European Union rely. www.ft.com/content/0bd2...

Gas Prices Surge as Qatar Shuts World’s Largest LNG Export Plant Qatar shut LNG production at the world’s largest export facility after it was targeted in an Iranian drone attack, sending European gas prices surging as much as 54%.

Qatar shut LNG production at the world’s largest export facility after it was targeted in an Iranian drone attack, sending European gas prices surging as much as 54%. www.bloomberg.com/news/article...

The Minerals Council of Australia spending over $10,000 a day on political advertising on Facebook. Would love to see what the additional spend is on all the other social media platforms.

Examining What Drove Significant Shareholder Opposition to S&P/ASX 300 Director Elections in Australia This article provides data and analysis on director voting, along with discussion of the themes and concerns that drove shareholder opposition.

Drivers of shareholder opposition to director elections included remuneration issues, lagging share prices and value-destructive events, cross-board accountability, CEO succession, and outlier governance practices. www.glasslewis.com/article/exam...

Japanese resales of LNG were approximately 1.7 times the total volume of Japan’s direct imports from Australia, the country’s largest LNG supplier. ieefa.org/resources/ja...

This level of sensitivity and transparency in Fossil Fuel company modelling would be welcome as well.

The Complexity Cascade: Why Physical Risk Models Diverge — and What Governance Needs to Do About It Physical climate risk vendors often provide very different assessments for the same assets. This article explains the sources of these differences and how banks can utilize model governance to manage ...

Why do physical risk vendors produce divergent estimates for the same properties? The core reason is a complexity cascade in which modeling choices compound. Robust model governance is needed to make those choices transparent and decision useful for banks. www.garp.org/risk-intelli...

Nick Mazan (@accr.bsky.social) joins our fireside chat on how pension funds can use their power, including engagement with BP & Shell and minority shareholder influence. #OWD2026
🔗 Register: www.eventcreate.com/e/ownershipd...

Woodside Energy investors have a window of opportunity to reset expectations and advocate for a different approach to capital allocation.
Read our latest research: www.accr.org.au/research/for...

South Australia is squandering a world-leading green iron and steel opportunity The state government’s agreement with Santos to supply gas for the Whyalla steel plant indicates South Australia risks squandering its opportunity to lead the global transition to green iron and steel...

By locking in the use of gas, South Australia risks squandering its opportunity to lead the global transition to green iron and steel. ieefa.org/resources/so...

Companies must demonstrate that their growth strategies deliver profits, especially in a weaker price environment. Prioritising capital discipline, particularly in upstream development, can better serve shareholders, which is what we and investor co-filers put forward in our resolution at BP.

When growth no longer pays: re-thinking value for oil and gas companies Ten of the world’s largest oil and gas companies would create significantly more shareholder value by ending exploration and sharply curtailing upstream development.

A material part of this value proposition is the seeming value destruction caused by exploration. Global conventional oil and gas exploration is becoming less successful, more expensive and is taking longer. www.accr.org.au/research/whe...

ACCR’s recent research, ‘When Growth No Longer Pays’, the oil and gas sector has underperformed the market over the last 5, 10 and 15 years. It shows that not investing in growth and returning cash to shareholders is a more value accretive strategy.

Investor Bulletin: IEA 2025 World Energy Outlook The 2025 World Energy Outlook (WEO) from the International Energy Agency (IEA) has been released.

Furthermore, when you compare the fundamentals of the 2019 CPS with the 2025 CPS, the outlook for the oil and gas sector does not look positive. Which raises the question of ‘why now’ for the prioritisation of growth over other uses of capital? www.accr.org.au/insights/inv...

The article references the International Energy Agency walking back its prediction that crude oil demand growth would peak before 2030. Our review of the 2025 WEO raised several issues and found the CPS should not be interpreted as a credible investment signal.

After Years of Buybacks, Big Oil is Drilling Again | OilPrice.com After years of prioritizing shareholder returns and low-carbon initiatives, major oil companies are shifting back to a growth strategy focused on expanding reserves and production as long-term demand ...

Oil Price .com have reported that shareholders of the oil supermajors are now focusing on growth. This is ill-advised. oilprice.com/Energy/Crude...

Released emails reveal heavy political lobbying as massive gas project extended Woodside asked the government to ensure its media messaging “aligned” with the gas giant’s, as negotiations over its North West Shelf project continued.

Emails released under freedom-of-information laws show the conditions attached to Watt’s approval of Woodside extending the North West Shelf plant’s operation to 2070 were changed several times after the gas giant’s lobbying. www.smh.com.au/environment/...

Woodside investors have a window of opportunity to reset expectations and advocate for a different approach to capital allocation. Read our latest research: www.accr.org.au/research/for...

Now is the time for Woodside to take stock and consider alternative strategies that could deliver billions of dollars more value. Read our latest research: www.accr.org.au/research/for...