The team at ACCR are getting ready to lodge a resolution at the upcoming Annual General Meeting of Origin Energy. As you may know from supporting us in the past, we need 100 shareholders supporting each resolution we put forward. We need your help to get us over the line.
Origin Energy is one of Australia’s largest gas producers, much of which comes from Queensland’s coal seam gas fields. Methane is the primary component of natural gas and can leak throughout the production process. Methane has far more potential to accelerate climate change than carbon dioxide. Yet Origin Energy discloses very little information about how it manages methane leaks, and whether it measures leakage at all. We are asking Origin Energy to improve its measurement and reporting of this dangerous greenhouse gas.
Origin Energy are also planning to develop gasfields in the Beetaloo Basin, Northern Territory. Several groups have raised concerns about the way in which Origin Energy established land access agreements to indigenous land. We are concerned that Origin Energy has not received free, prior and informed consent from traditional owners. We are asking Origin Energy to disclose details of that process.
How You Can Help
If you hold shares in Origin Energy and would like to join us by becoming one of 100 shareholders to support our resolution, please sign up to the ACCR Resolutions database.
What to do if you are already signed up to the ACCR resolutions website
If you hold shares in Origin Energy and have already signed up to our resolutions website, you don’t need to do anything at all.
If you have acquired shares in Origin Energy since last signing up or are unsure of what shares we have you registered as holding, you can log into your account and update your holdings.
Why do you need my support to do this?
Under Australian law, a shareholder resolution can only be lodged if it is supported by 100 or more shareholders with voting rights. This makes your support crucial to us. If you are interested in supporting upcoming resolutions please sign up to our shareholder database.
How do I sign up?