ACCR Company Engagement Origin Energy Ltd

With electricity, natural gas, solar and LPG, Origin Energy Limited is a leading provider of energy to homes and businesses throughout Australia.

An integrated, publicly listed company, Origin Energy‘s key operating segments include exploration & production, generation, renewable energy & selling energy. The company is headquartered in Sydney and has offices, generation sites, exploration acreages and production facilities across Australia.

Origin has allocated over 70% of its capital expenditure to fossil fuels for FY18 through FY21. An ACCR resolution to request the company to align capital expenditure with the Paris Agreement received support from 44% of voting shareholders.

ACCR will continue to engage Origin Energy Ltd (ASX: ORG) on climate-related lobbying and Paris-aligned capital expenditure.

Updates

  1. Media release

    Origin Energy cops shareholder heat on gas

    ACCR comment on the voting results on its two shareholder resolutions at the AGM of Origin Energy (ASX:ORG).

  2. Briefing note

    Investor briefing: Shareholder Resolutions to Origin Energy Ltd on climate-related lobbying and Paris-aligned capital expenditure.

    Supporting brief to our shareholder resolutions to Origin Energy Ltd on climate-related lobbying and Paris-aligned capital expenditure.

  3. Media release

    Origin must align lobbying and capex with Paris Agreement

    ACCR has filed two shareholder resolutions with Origin Energy Ltd (ASX:ORG) on climate-related lobbying and capital expenditure.

  4. Shareholder Resolution

    ACCR Shareholder Resolutions to Origin Energy Ltd on climate-related lobbying and Paris-aligned capital expenditure.

    ACCR has filed Shareholder Resolutions to Origin Energy Ltd on climate-related lobbying and Paris-aligned capital expenditure.

  5. Media release

    Origin must abandon gas exploration to be 1.5°C aligned

    Origin Energy becomes the sixth ASX-listed company to have committed to a ‘Say on Climate’.

  6. Media release

    AGL and Origin writedowns: stranded assets in real time

    “This is a problem largely of the companies’ own making, having acquired the coal-fired power stations from state governments in the last decade, knowing full well the risks embedded in emissions intensive assets”.

  7. Media release

    Origin AGM: transparency on Indigenous consent and climate lobbying must improve

    Origin Energy cannot continue to ignore investor concerns on the consent of Indigenous communities and lobbying.

  8. Briefing note

    Investor briefing: Shareholder Resolutions to Origin Energy on FPIC and lobbying

    Read the background and reasoning behind upcoming shareholder resolutions to Origin Energy on consent and fracking, and lobbying relating to COVID-19 Recovery

  9. Media release

    BHP dumps QRC; Origin and Santos should do the same

    “BHP has proven the value of ACCR’s shareholder resolution—some industry associations simply won’t change unless there are financial consequences”.

  10. Media release

    Gas lobby secures taxpayer funding from Federal government for a failing industry

    “The Federal government may have finally given up on thermal coal but the carbon lobby won’t be deterred, by pushing gas, another dirty fossil fuel - which is proven to have the same, if not worse emissions than coal once fugitive methane emissions are factored in.”

  11. Shareholder Resolution

    ACCR Shareholder Resolutions to Origin Energy on lobbying and consent for fracking

    ACCR's Shareholder Resolution to Origin Energy calls on the company to establish an independent review of consent processes with Aboriginal Native Title holders, and to review the climate lobbying of its industry associations.