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WHO’S FUNDING WHITEHAVEN’S COAL EXPANSION?

Whitehaven is funded by some of the world’s biggest financial institutions. These banks are enabling Whitehaven to accelerate global heating, destroy the environment and violate Aboriginal land rights.

Whitehaven needs about $2 billion to finance its new and expanded coal projects. Whitehaven's investors must act responsibly to stop Whitehaven further accelerating the climate crisis by:

  1. Ruling out any direct or indirect finance for Whitehaven's new coal projects, and;
  2. Ruling out any further financial support for Whitehaven or any company expanding the production and use of coal.

Banks funding Whitehaven

The companies bankrolling Whitehaven are undermining global efforts to avoid catastrophic climate change and putting countless lives and livelihoods at risk.


A Disregard for Major Shareholders

Whitehaven Coal is facing a significant investor backlash for buying two BHP coal mines and proposing further coal expansion. Straight after the BHP deal was announced a significant shareholder in Whitehaven sold out $157M worth of shares.

Major Whitehaven shareholder Bell Rock Capital surveyed Whitehaven investors and found a huge majority wanted Whitehaven to pay dividends rather than invest in new coal mines.

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WHO’S FUNDING WHITEHAVEN’S COAL EXPANSION?
WHO’S FUNDING WHITEHAVEN’S COAL EXPANSION?
The world’s scientists warn that all coal expansion must stop immediately to avoid runaway global heating. Yet Whitehaven is planning to double its coal production with four major new coal projects.