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Australasian Centre for Corporate Responsibility

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Namestring
Australasian Centre for Corporate Responsibility
Legal namestring
Australasian Centre for Corporate Responsibility
Websiteurl
accr.org.au
Company typeenum
Private
Founded yearint
2012
Descriptiontext

The Australasian Centre for Corporate Responsibility (ACCR) is a Canberra-headquartered, non-profit research and shareholder advocacy organisation founded in October 2012. It supports institutional and retail investors globally in engaging with heavy-emitting ASX-listed and international companies on climate-related portfolio and systemic risks. Its core activity is the filing and co-filing of shareholder resolutions and members' statements at company AGMs, enabled by a proprietary agency-agreement mechanism that allows ACCR to act on behalf of 100+ registered retail shareholders under the Australian Corporations Act 2001. ACCR also produces in-depth research reports, investor insights, and climate science insights combining financial and equities analysis with climate science across four focus sectors: oil & gas, steel value chain, coal & mining, and utilities.

The organisation's service portfolio includes the Shareholder Hub digital platform, sector-level research publications, direct company engagement, and policy submissions to standard-setting bodies. Its institutional co-filing coalition spans Man Group, HSBC Global Asset Management, Amundi, Vision Super, Betashares, Tas Ethical, Ethinvest, and the UK-based LAPFF, and it has partnered with the First Nations Heritage Protection Alliance (20+ Aboriginal and Torres Strait Islander organisations) on cultural heritage resolutions at BHP. ACCR is also pursuing precedent-setting greenwashing litigation (ACCR v Santos Ltd) in the Federal Court of Australia.

Short descriptiontext

ACCR is an Australian non-profit that supports institutional and retail investors globally in engaging with heavy-emitting companies on climate risk, primarily by co-filing shareholder resolutions and producing climate-finance research across oil & gas, steel, coal, and utilities.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
11–50
akta.pro rankint
HeadquartersCanberra, Australia
HQ citystring
Canberra
HQ countrystring
Australia
HQ regionstring
Oceania
Markets served

Serves global market

Offices1 record

Each record includes

City, Country, Type, Description, Source

Keyword5 values
shareholder advocacy, climate research services, investor stewardship, ESG advisory, corporate responsibility research
NAICS code1 code
  • Environmental Consulting Services54162
Product category
Shareholder Advocacy and ESG Research Services
GTM motion1 record

Each record includes

Type, Description, Source

Revenue model2 records
1Philanthropic grants and donations
TypeData Monetisation
Description

ACCR is philanthropically funded and relies on grants and donations to fund operations. Donations are not tax-deductible.

accr.org.au
2Membership fees
TypeSubscription Recurring
Description

Annual membership fees ranging from $100 to $1,500 depending on member type (individual, organization, for-profit, non-profit).

accr.org.au
Marketing channels6 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels3 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components5 values
Personnel, Operations, Technology or R&D, Marketing or Sales, Others
Pricing details8 tiers
1Individual membership (under 25, co-filers, SMSF trustees)
ModelSubscriptionBilling cadenceAnnual
Notes

$100 annually

accr.org.au
2Individual membership (other) and SMSF trustees not co-filers
ModelSubscriptionBilling cadenceAnnual
Notes

$250 annually

accr.org.au
3Small Non-Profit Organization
ModelSubscriptionBilling cadenceAnnual
Notes

$250 annually - local church congregations, small environmental groups (<5 staff), small foundations (<$2m)

accr.org.au
4Medium Non-Profit Organization
ModelSubscriptionBilling cadenceAnnual
Notes

$500 annually - dioceses, universities, community banks/credit unions

accr.org.au
5Large Non-Profit Organization
ModelSubscriptionBilling cadenceAnnual
Notes

$1,000 annually - industry super funds, not-for-profit asset owners/managers

accr.org.au
6Small For-Profit Organization
ModelSubscriptionBilling cadenceAnnual
Notes

$250 annually - individual financial advisors or responsible investment consultants

accr.org.au
7Medium For-Profit Organization
ModelSubscriptionBilling cadenceAnnual
Notes

$750 annually - dealer groups, asset owners/managers with <$250m FUM in Australia/NZ

accr.org.au
8Large For-Profit Organization
ModelSubscriptionBilling cadenceAnnual
Notes

$1,500 annually - asset owners/managers with >$250m FUM in Australia/NZ

accr.org.au
GTM typeB2B
B2B
Offering typeServices
Services
Core offering1 text field

ACCR is a non-profit research and shareholder advocacy organisation that supports investors globally to take effective action to mitigate climate-related portfolio and systemic risks. It provides research reports, investor and climate science insights, files shareholder resolutions at ASX-listed and global companies, and conducts direct engagement with heavy-emitting companies on behalf of institutional and retail shareholders. Its work is enabled by a Shareholder Hub platform and a community of 100+ registered retail shareholders used to file resolutions under the Australian Corporations Act.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 3 values shown
  • First time >50% shareholder support for climate resolution at Australian company (Woodside 2020)
+2 more records
Product overview1 text field

ACCR is a non-profit research and shareholder advocacy organization that does not offer a software product in the traditional sense. Its core offerings are services focused on enabling investors to engage with high-emitting companies on climate-related issues. The primary service platform is the Shareholder Hub, which provides a mechanism for retail shareholders to register their holdings and support ACCR's shareholder resolutions. Complementing this are research services including Research Reports, Investor Insights, and Climate Science Insights that provide analysis combining financial and climate science for institutional investors. The Shareholder Resolutions service enables ACCR and co-filers to file proposals at ASX-listed companies, while Company Engagement provides ongoing stewardship coverage. Submissions represent policy-focused research responses to public consultations.

Product and service9 records
1Shareholder Hub
CategoryCore service platform
Description

Web-based platform enabling retail shareholders to register their shareholdings, sign agency agreements authorising ACCR to file resolutions on their behalf, and participate in climate-related shareholder advocacy activities. Targets retail shareholders in ASX-listed companies.

2Research Reports
CategoryResearch service
Description

In-depth analysis of heavy emitters and emerging energy transition issues, combining financial analysis, climate impact assessment, and insights on transition risks. For institutional investors seeking long-term value in a zero-emissions economy.

3Investor Insights
CategoryResearch service
Description

Timely analysis and commentary for institutional investors seeking long-term value in a zero-emissions economy, covering climate and financial topics.

4Climate Science Insights
CategoryResearch service
Description

Analysis combining climate science with financial analysis to help investors understand and manage climate-related risks across portfolios, grounded in Paris Agreement temperature targets.

5Shareholder Resolutions
CategoryAdvocacy service
Description

Shareholder proposals brought by ACCR and co-filers at ASX-listed and selected global companies on climate, governance, and cultural heritage issues. Enables institutional and retail shareholders to file resolutions and members' statements.

6Company Engagement
CategoryStewardship service
Description

Active stewardship and engagement coverage for a selection of heavy-emitting companies across the globe, focused on climate strategy, capital discipline, and disclosure. For institutional investors seeking engagement support.

7Submissions
CategoryResearch service
Description

Research-based responses to public consultations and policy processes, including submissions to inquiries on decarbonisation, climate policy, and corporate governance.

8ACCR Agency Agreement
CategoryService mechanism
Description

Legal framework enabling shareholders to authorise ACCR to sign notices proposing resolutions under Australian corporations law, facilitating shareholder advocacy without requiring shareholders to directly engage with companies.

9ACCR Membership
CategoryMembership programme
Description

Annual membership programme with tiered pricing by entity type and size, ranging from $100 (individuals under 25, co-filers, SMSF trustees) to $1,500 (large for-profit asset owners/managers with >$250m FUM). Supports ACCR's philanthropic funding model.

Scale indicator3 records

Each record includes

Type, Value, Description, Source

Partnership1 partner
1First Nations Heritage Protection Alliance
Strategic tierCoreTypeStrategic or Co-development Partner
Description

Coalition of more than 20 Aboriginal and Torres Strait Islander organisations and leaders. ACCR filed shareholder resolutions in partnership with the Alliance on cultural heritage protection at BHP, leading to significant new agreements on Free, Prior and Informed Consent in agreement making.

hub.accr.org.au
Recent move6 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight5 records

Each record includes

Type, Description

Peers10 records
TypeDirect peer
Description

Research organization that tracks and analyzes corporate lobbying on climate policy. Directly comparable to ACCR's climate-lobbying disclosure focus, with overlapping research outputs used by institutional investors.

TypeEmerging player
Description

Financial think tank producing research on stranded assets, unburnable carbon, and climate-related financial risk. Comparable research capabilities and investor audience to ACCR, though focused on financial analysis rather than resolution filing.

TypeEmerging player
Description

US-based environmentally responsible mutual fund family that engages in shareholder advocacy on climate and sustainability. Smaller-scale peer with a comparable model of using investor rights to drive corporate environmental change.

TypeDirect peer
Description

US-based non-profit that uses shareholder advocacy, corporate engagement, and legal strategies to drive corporate accountability on environmental and social issues. Closely mirrors ACCR's model of combining research, resolution-filing, and coalition-building.

TypeDirect peer
Description

US-based coalition of faith- and values-driven institutions that file shareholder resolutions and engage corporations on ESG issues. Highly comparable to ACCR in mission, resolution-filing model, and investor coalition approach, with similar emphasis on climate, human rights, and governance.

TypeBroad incumbent
Description

Leading global proxy advisory firm providing governance research, voting recommendations, and stewardship services. Adjacent to ACCR's work, often supporting ACCR's resolutions with proxy advisor recommendations (e.g., Glass Lewis recommended for ACCR's BP resolution in 2026).

7Institute for Energy Economics and Financial Analysis (IEEFA)
TypeEmerging player
Description

Research organization analyzing energy markets, fossil fuel economics, and climate finance. Comparable to ACCR in energy transition research and investor-focused analysis, though focused on financial forensics rather than direct advocacy.

8EOS at Federated Hermes
TypeBroad incumbent
Description

One of the largest dedicated stewardship service providers globally, owned by Federated Hermes, serving institutional investors with engagement, voting, and policy research. Competes with ACCR for institutional investor stewardship mandates but at significantly larger scale.

TypeDirect peer
Description

UK-based charity that mobilizes institutional investors and asset managers to use shareholder rights for responsible investment outcomes. Closely comparable to ACCR's investor-activation model and target audience, with overlapping resolution and engagement work.

TypeDirect peer
Description

Global investor coalition of 700+ institutions with $68T AUM focused on engaging the world's largest corporate greenhouse gas emitters. Direct peer in climate stewardship and investor-led engagement, though organized as a coalition rather than a single advocacy entity.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat5 records

Each record includes

Type, Details

Key risks5 records

Each record includes

Headline, Details, Source

Key highlights7 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers7 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment3 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile2 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles8 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

No data
Compliance2 records

Each record includes

Name, Class, Description

Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Australasian Centre for Corporate Responsibility

Shareholder Advocacy and ESG Research Servicesaccr.org.au

ACCR is an Australian non-profit that supports institutional and retail investors globally in engaging with heavy-emitting companies on climate risk, primarily by co-filing shareholder resolutions and producing climate-finance research across oil & gas, steel, coal, and utilities.

What Australasian Centre for Corporate Responsibility does

The Australasian Centre for Corporate Responsibility (ACCR) is a Canberra-headquartered, non-profit research and shareholder advocacy organisation founded in October 2012. It supports institutional and retail investors globally in engaging with heavy-emitting ASX-listed and international companies on climate-related portfolio and systemic risks. Its core activity is the filing and co-filing of shareholder resolutions and members' statements at company AGMs, enabled by a proprietary agency-agreement mechanism that allows ACCR to act on behalf of 100+ registered retail shareholders under the Australian Corporations Act 2001. ACCR also produces in-depth research reports, investor insights, and climate science insights combining financial and equities analysis with climate science across four focus sectors: oil & gas, steel value chain, coal & mining, and utilities.

The organisation's service portfolio includes the Shareholder Hub digital platform, sector-level research publications, direct company engagement, and policy submissions to standard-setting bodies. Its institutional co-filing coalition spans Man Group, HSBC Global Asset Management, Amundi, Vision Super, Betashares, Tas Ethical, Ethinvest, and the UK-based LAPFF, and it has partnered with the First Nations Heritage Protection Alliance (20+ Aboriginal and Torres Strait Islander organisations) on cultural heritage resolutions at BHP. ACCR is also pursuing precedent-setting greenwashing litigation (ACCR v Santos Ltd) in the Federal Court of Australia.

Australasian Centre for Corporate Responsibility firmographics

Firmographics
Name
Australasian Centre for Corporate Responsibility
Legal name
Australasian Centre for Corporate Responsibility
Website
https://accr.org.au
Company type
Private
Founded year
2012
Operating status
Operating
Headcount range
11–50 employees
Short description
ACCR is an Australian non-profit that supports institutional and retail investors globally in engaging with heavy-emitting companies on climate risk, primarily by co-filing shareholder resolutions and producing climate-finance research across oil & gas, steel, coal, and utilities.
Ownership category
akta.pro rank

Where Australasian Centre for Corporate Responsibility is headquartered

Location

Headquarters

HQ city
Canberra
HQ country
Australia
HQ region
Oceania

Offices1 record

Markets served

Australasian Centre for Corporate Responsibility business model

Business model
GTM type
B2B
Offering type
Services
Cost components
Personnel, Operations, Technology or R&D, Marketing or Sales, Others

Revenue model

  1. Philanthropic grants and donations: ACCR is philanthropically funded and relies on grants and donations to fund operations. Donations are not tax-deductible.
  2. Membership fees: Annual membership fees ranging from $100 to $1,500 depending on member type (individual, organization, for-profit, non-profit).

Pricing tiers

ModelBillingPrice
SubscriptionAnnualIndividual membership (under 25, co-filers, SMSF trustees)
SubscriptionAnnualIndividual membership (other) and SMSF trustees not co-filers
SubscriptionAnnualSmall Non-Profit Organization
SubscriptionAnnualMedium Non-Profit Organization
SubscriptionAnnualLarge Non-Profit Organization
SubscriptionAnnualSmall For-Profit Organization
SubscriptionAnnualMedium For-Profit Organization
SubscriptionAnnualLarge For-Profit Organization

Go-to-market motion1 record

Distribution channels3 records

Marketing channels6 records

Australasian Centre for Corporate Responsibility product offering

Product offering

Core offering

ACCR is a non-profit research and shareholder advocacy organisation that supports investors globally to take effective action to mitigate climate-related portfolio and systemic risks. It provides research reports, investor and climate science insights, files shareholder resolutions at ASX-listed and global companies, and conducts direct engagement with heavy-emitting companies on behalf of institutional and retail shareholders. Its work is enabled by a Shareholder Hub platform and a community of 100+ registered retail shareholders used to file resolutions under the Australian Corporations Act.

Product overview

ACCR is a non-profit research and shareholder advocacy organization that does not offer a software product in the traditional sense. Its core offerings are services focused on enabling investors to engage with high-emitting companies on climate-related issues. The primary service platform is the Shareholder Hub, which provides a mechanism for retail shareholders to register their holdings and support ACCR's shareholder resolutions. Complementing this are research services including Research Reports, Investor Insights, and Climate Science Insights that provide analysis combining financial and climate science for institutional investors. The Shareholder Resolutions service enables ACCR and co-filers to file proposals at ASX-listed companies, while Company Engagement provides ongoing stewardship coverage. Submissions represent policy-focused research responses to public consultations.

Differentiator

Problem solved

Functional benefit

Products and services

  • Shareholder Hub Web-based platform enabling retail shareholders to register their shareholdings, sign agency agreements authorising ACCR to file resolutions on their behalf, and participate in climate-related shareholder advocacy activities. Targets retail shareholders in ASX-listed companies.
  • Research Reports In-depth analysis of heavy emitters and emerging energy transition issues, combining financial analysis, climate impact assessment, and insights on transition risks. For institutional investors seeking long-term value in a zero-emissions economy.
  • Investor Insights Timely analysis and commentary for institutional investors seeking long-term value in a zero-emissions economy, covering climate and financial topics.
  • Climate Science Insights Analysis combining climate science with financial analysis to help investors understand and manage climate-related risks across portfolios, grounded in Paris Agreement temperature targets.
  • Shareholder Resolutions Shareholder proposals brought by ACCR and co-filers at ASX-listed and selected global companies on climate, governance, and cultural heritage issues. Enables institutional and retail shareholders to file resolutions and members' statements.
  • Company Engagement Active stewardship and engagement coverage for a selection of heavy-emitting companies across the globe, focused on climate strategy, capital discipline, and disclosure. For institutional investors seeking engagement support.
  • Submissions Research-based responses to public consultations and policy processes, including submissions to inquiries on decarbonisation, climate policy, and corporate governance.
  • ACCR Agency Agreement Legal framework enabling shareholders to authorise ACCR to sign notices proposing resolutions under Australian corporations law, facilitating shareholder advocacy without requiring shareholders to directly engage with companies.
  • ACCR Membership Annual membership programme with tiered pricing by entity type and size, ranging from $100 (individuals under 25, co-filers, SMSF trustees) to $1,500 (large for-profit asset owners/managers with >$250m FUM). Supports ACCR's philanthropic funding model.

Quantifiable outcome

  • First time >50% shareholder support for climate resolution at Australian company (Woodside 2020)
  • +2 more outcomes

Companies that use Australasian Centre for Corporate Responsibility

Customer profile

Named customers7 records

Segments3 records

Ideal customer profiles2 records

Australasian Centre for Corporate Responsibility technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Australasian Centre for Corporate Responsibility partnerships and signals

Strategic signal

Partnerships

One partnership is on record.

  • First Nations Heritage Protection AlliancecoreStrategic or Co-development PartnerCoalition of more than 20 Aboriginal and Torres Strait Islander organisations and leaders. ACCR filed shareholder resolutions in partnership with the Alliance on cultural heritage protection at BHP, leading to significant new agreements on Free, Prior and Informed Consent in agreement making.

Scale indicators3 records

Recent moves6 records

Expansion highlights5 records

Australasian Centre for Corporate Responsibility competitors and assessment

Company assessment

Direct peers

  • InfluenceMap: Research organization that tracks and analyzes corporate lobbying on climate policy. Directly comparable to ACCR's climate-lobbying disclosure focus, with overlapping research outputs used by institutional investors.
  • As You Sow: US-based non-profit that uses shareholder advocacy, corporate engagement, and legal strategies to drive corporate accountability on environmental and social issues. Closely mirrors ACCR's model of combining research, resolution-filing, and coalition-building.
  • Interfaith Center on Corporate Responsibility (ICCR): US-based coalition of faith- and values-driven institutions that file shareholder resolutions and engage corporations on ESG issues. Highly comparable to ACCR in mission, resolution-filing model, and investor coalition approach, with similar emphasis on climate, human rights, and governance.
  • ShareAction: UK-based charity that mobilizes institutional investors and asset managers to use shareholder rights for responsible investment outcomes. Closely comparable to ACCR's investor-activation model and target audience, with overlapping resolution and engagement work.
  • Climate Action 100+: Global investor coalition of 700+ institutions with $68T AUM focused on engaging the world's largest corporate greenhouse gas emitters. Direct peer in climate stewardship and investor-led engagement, though organized as a coalition rather than a single advocacy entity.

Emerging players

  • Carbon Tracker Initiative: Financial think tank producing research on stranded assets, unburnable carbon, and climate-related financial risk. Comparable research capabilities and investor audience to ACCR, though focused on financial analysis rather than resolution filing.
  • Green Century Funds: US-based environmentally responsible mutual fund family that engages in shareholder advocacy on climate and sustainability. Smaller-scale peer with a comparable model of using investor rights to drive corporate environmental change.
  • Institute for Energy Economics and Financial Analysis (IEEFA): Research organization analyzing energy markets, fossil fuel economics, and climate finance. Comparable to ACCR in energy transition research and investor-focused analysis, though focused on financial forensics rather than direct advocacy.

Broad incumbents

  • Glass Lewis: Leading global proxy advisory firm providing governance research, voting recommendations, and stewardship services. Adjacent to ACCR's work, often supporting ACCR's resolutions with proxy advisor recommendations (e.g., Glass Lewis recommended for ACCR's BP resolution in 2026).
  • EOS at Federated Hermes: One of the largest dedicated stewardship service providers globally, owned by Federated Hermes, serving institutional investors with engagement, voting, and policy research. Competes with ACCR for institutional investor stewardship mandates but at significantly larger scale.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

Australasian Centre for Corporate Responsibility social profiles

Digital presence

Australasian Centre for Corporate Responsibility compliance and trust

Trust signal

Compliance2 records

Australasian Centre for Corporate Responsibility financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Australasian Centre for Corporate Responsibility leadership team

Management profile

Number of profiles

Profiles8 records

Australasian Centre for Corporate Responsibility funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Australasian Centre for Corporate Responsibility M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Australasian Centre for Corporate Responsibility

What does Australasian Centre for Corporate Responsibility do?

ACCR is a non-profit research and shareholder advocacy organisation that supports investors globally to take effective action to mitigate climate-related portfolio and systemic risks. It provides research reports, investor and climate science insights, files shareholder resolutions at ASX-listed and global companies, and conducts direct engagement with heavy-emitting companies on behalf of institutional and retail shareholders. Its work is enabled by a Shareholder Hub platform and a community of 100+ registered retail shareholders used to file resolutions under the Australian Corporations Act.

Is Australasian Centre for Corporate Responsibility a public or private company?

Australasian Centre for Corporate Responsibility is a private company. It is classified as nonprofit foundation owned and is currently operating.

When was Australasian Centre for Corporate Responsibility founded?

Australasian Centre for Corporate Responsibility was founded in 2012. It employs 11 to 50 people.

Where is Australasian Centre for Corporate Responsibility based?

Australasian Centre for Corporate Responsibility is headquartered in Canberra, Australia, in the Oceania region.

How does Australasian Centre for Corporate Responsibility make money?

Two revenue lines are on record. Philanthropic grants and donations are the primary driver. The others are membership fees.

Who are Australasian Centre for Corporate Responsibility's main competitors?

Direct peers on record are InfluenceMap, As You Sow, Interfaith Center on Corporate Responsibility (ICCR), ShareAction and Climate Action 100+. Emerging players are Carbon Tracker Initiative, Green Century Funds and Institute for Energy Economics and Financial Analysis (IEEFA). Broad incumbents are Glass Lewis and EOS at Federated Hermes.

Does Australasian Centre for Corporate Responsibility have an API?

No public API is recorded for Australasian Centre for Corporate Responsibility.

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Live signals
Net Zero InvestorMajor asset owners raise concerns over capital allocation at BP AGMA coalition of institutional investors including Nest, the Greater Manchester Pension Fund, and the Australasian Centre for Corporate Responsibility (ACCR) is filing a shareholder resolution at BP's AGM, expressing concerns that the oil major's increased upstream spending and fossil fuel expansion strategy is failing to deliver value for shareholders. ACCR estimates that BP's new oil exploration projects, including the $5bn Tiber project in the US, are significantly more costly than competitors, and argues the company's market value could be $11bn higher under a more concentrated business model focused on existing assets. The resolution, the second filed ahead of BP's AGM, signals a shift in shareholder engagement from climate-focused concerns toward scrutiny of financial returns from continued fossil fuel investment.WsjBP Investors Demand Proof That Shift Back to Oil and Gas Will Boost ReturnsA group of investors including U.K. and European pension funds and the Australasian Centre for Corporate Responsibility filed a shareholder resolution demanding BP demonstrate that increased spending on oil and gas will deliver value for shareholders. The co-filers, representing 0.42% of BP's share capital valued at over $400 million, argue that the company's strategy reset and renewed fossil-fuel focus does not address the root cause of its underperformance, which included multibillion-dollar write-downs from its previous pivot to renewables.BloombergBP Investors Demand Proof More Oil, Gas Spending Boosts ReturnsAn alliance of institutional investors managing £191 billion in assets filed a special resolution at BP Plc requiring the energy company to demonstrate how its increased oil and gas spending follows disciplined capital expenditure and delivers acceptable returns on new projects. The group, comprising UK and European pension funds along with the Australasian Centre for Corporate Responsibility, is seeking greater accountability on BP's investment strategy. The resolution highlights growing investor scrutiny over BP's energy transition approach amid concerns about capital allocation and shareholder value creation.ACCRNew analysis: Oil and gas majors would create $78bn more value by stopping explorationThe Australasian Centre for Corporate Responsibility released analysis finding that ten of the world's largest oil and gas companies could create a collective $78 billion net present value uplift by ceasing exploration and returning cash to shareholders. The analysis found that every $1 spent on global conventional exploration since 2000 has eroded $0.71c in value, with exploration costs taking almost twice as long and being five times more expensive compared to three decades ago. The researchers argue that all ten assessed companies would be more valuable as production companies than as exploration and production companies, and could remain large producers for decades even if new conventional projects were halted.