BHP Billiton, Rio Tinto and the Business Council of Australia are among the world’s largest companies and industry groups holding back action on climate change, according to a new survey.
A group of 25 investors with €61bn in assets has written to a number of multinational companies, including BP, EDF, Glencore, Johnson Matthey, Procter & Gamble, Rio Tinto, Statoil and Total asking them to justify their membership of prominent EU trade associations.
BHP Billiton is set to ramp up its focus on Indonesian coal, revealing it will open a second mine on Borneo within two years as it predicts a rebound in global markets.
The push for a higher and broader GST is camouflaging the need to clean up “legally questionable and ethically bankrupt tax practices of some Australia’s most senior corporate citizens”, former Treasurer Wayne Swan has told the Australian federal parliament.