Shareholder activism
December 3, 2025

Shareholder resolutions in Australia 2023-25

Written by
Phoebe Rountree
Published on
December 3, 2025
  • Shareholders use members statements and resolutions to raise concerns with companies about a range of ESG issues.
  • Organisations including Australasian Centre for Corporate Responsibility, Market Forces and now SIX have been active in using shareholder tools to raise escalate concerns and hold big companies to account on climate, nature and social justice issues. Ethical investment groups such as Australian Ethical have also been prominent in this space.
  • View shareholder resolutions from the last few years below.
  • If you want to learn more, head to the UNPRI Shareholder Database, read our explainer of how shareholder resolutions are used to drive campaign wins, or check out our piece on the rise of shareholder activism in Australia.

2025

G8 Education Limited

Company ticker: ASX: GEM

Resolution: Paid Parental Leave

Shareholders request that the Board of Directors implement an employer-funded paid parental leave policy for the companies which it has a controlling interest in. The policy should be determined by the Board and informed by the WGEA Leading Practice Parental Leave Policy Guide.
Theme:
Social
Lead filer:
SIX
Status:
28.39% vote in favour of resolution

Woodside Energy Group Limited

Company ticker: ASX:WDS

Member statement: Re-election of Tony O'Neill as director

Resolution: Responsibility for Woodside’s inadequate response to shareholders’ climate concerns, misguided growth strategy and sub-standard returns sits with the board of directors. Investors should respond to the governance concerns raised by these issues by voting against all incumbent directors at Woodside's annual general meeting on 8 May 2025 in Perth, Western Australia.
Theme:
Environment, Governance
Lead filer:
Market Forces
Status:
0.42% vote against Tony O'Neill

Member statement: Re-election of Ann Pickard as director

Resolution: Responsibility for Woodside’s inadequate response to shareholders’ climate concerns, misguided growth strategy and sub-standard returns sits with the board of directors. Investors should respond to the governance concerns raised by these issues by voting against all incumbent directors at Woodside's annual general meeting on 8 May 2025 in Perth, Western Australia.
Theme:
Environment, Governance
Lead filer:
Market Forces
Status:
19.45% vote against Ann Pickard

Member statement: Re-election of Ben Wyatt

Resolution: Responsibility for Woodside’s inadequate response to shareholders’ climate concerns, misguided growth strategy and sub-standard returns sits with the board of directors. Investors should respond to the governance concerns raised by these issues by voting against all incumbent directors at Woodside's annual general meeting on 8 May 2025 in Perth, Western Australia.
Theme:
Environment, Governance
Lead filer:
Market Forces
Status:
04.22% vote against Ben Wyatt

Macquarie Group Limited

Company ticker: ASX: MQG

Resolution: Climate risk exposure and management disclosures

Shareholders recognise the substantial transitional and physical risks of climate change and their potential financial impacts on our company. Noting our company’s commitment to “aligning our financing activity with the global goal of net zero emissions by 2050” shareholders request disclosure in future annual reporting detailing: 1. Macquarie Group’s exposures to Fossil Fuel Companies and Projects; and 2. Macquarie Group's progress on, and approach to, assessing Fossil Fuel Companies and Projects in its portfolios for alignment with the goal of net zero emissions by 2050.
Theme: Environment
Lead filer:
Market Forces
Status:
35.17% vote in favour of resolution

APA Group

Company ticker: ASX:APA

Resolution: Climate risk safeguarding

Securityholders request APA Group Limited, in its capacity as responsible entity, to prepare and publish a report analysing the consistency of APA’s planned capital expenditure with APA’s climate commitments.
Theme:
Environment
Lead filer:
Market Forces
Status:
15.69% vote in favour of resolution

Resolution: Key partner due diligence

Securityholders request that APA Group Limited, in its capacity as responsible entity, issue a report, at reasonable cost and omitting proprietary information, detailing procedures and processes undertaken by APA to ensure its partners in the Beetaloo Sub-basin are compliant with the principles and standards outlined in APA’s ‘Supplier Code of Conduct.’
Theme:
Environment, Social, Governance
Lead filer:
Market Forces
Status:
9.76% vote in favour of resolution

CSL Limited

Company ticker: ASX:CSL

Resolution: Risks from relying on gas

Shareholders request that CSL identify and report to shareholders on material risks to the Company as a result of its dependency on gas in the face of threatened gas shortages and price rises in Australia as early as the middle of this decade.
Theme:
Goverance
Lead filer:
SIX
Status:
Withdrawn

Woolworths Group Limited

Company ticker: ASX:WOW

Resolution: Identify and report on the impacts of procured farmed seafood on endangered species

Shareholders request that Woolworths identify and report on the real and potential impacts of farmed seafood it procures for its Own Brand products on endangered species under the Environment Protection and Biodiversity Conservation Act 1999 (EPBC Act) List of Threatened Fauna in its 2026 Sustainability Report.
Theme: Environment
Lead filer:
SIX
Status:
34.17% in favour of resolution

Resolution: Align seafood sourcing policy with global best practice

Shareholders request that Woolworths aligns its Group Seafood Sourcing Policy with a global best practice standard, such as the Conservation Alliance for Seafood Solutions “Guidance for Companies”, and report to shareholders on progress in meeting these best practice guidelines in its 2026 Sustainability Report.
Theme: Environment
Lead filer:
SIX
Status:
14.34% in favour of resolution

Resolution: Classify beef as a high risk deforestation-linked commodity

Shareholders request that Woolworths include beef in its No Deforestation commitment as a “high risk” deforestation-linked commodity, given that beef is the main commodity driving deforestation in Australia and Woolworths is the country’s largest grocery retailer.
Theme: Environment
Lead filer:
SIX
Notable co-filers: 
The Wilderness Society
Status:
12.91% in favour of resolution

Resolution: Update Pulp, Paper and Timber Policy

Shareholders request that Woolworths consider removing PEFC certification as part of its supplier requirements in its Pulp, Paper and Timber Policy.
Theme:
 Environment
Lead filer:
SIX
Notable co-filers: The Wilderness Society
Status:
5.94% in favour of resolution

Coles Group Limited

Company ticker: ASX:COL

Resolution: Identify and report on the impacts of procured farmed seafood on endangered species

Shareholders request that Coles identify and report on the real and potential impacts of farmed seafood it procures for its Own Brand products on endangered species under the Environment Protection and Biodiversity Conservation Act 1999 (EPBC Act) List of Threatened Fauna in its 2026 Sustainability Report.
Theme: Environment
Lead filer:
SIX
Notable co-filers: 
Neighbours of Fish Farming, Environment Tasmania, Geoff Cousins
Status:
Withdrawn

Resolution: Align seafood sourcing policy with global best practice

Shareholders request that Coles aligns its Responsibly Sourced Seafood Policy and Supplier Requirements with a global best practice standard, such as the Conservation Alliance for Seafood Solutions “Guidance for Companies”, and report to shareholders on progress in meeting these best practice guidelines in its 2026 Sustainability Report.
Theme: Environment
Lead filer:
SIX
Notable co-filers: Neighbours of Fish Farming, Environment Tasmania, Geoff Cousins
Status: 12.97% in favour of resolution

National Australia Bank Limited

Company ticker: ASX:NAB

Resolution: Disclosure of financed deforestation

Noting our company has acknowledged ‘deforestation and other forms of land clearing are a key threat to biodiversity’ and ‘nature-related impacts can manifest across a number of material risk categories including Balance sheet & liquidity, Credit, Compliance, Conduct, Market, Operational, Strategic and Sustainability’, shareholders request that NAB assess and publicly disclose, within a reasonable timeframe and omitting proprietary information, the bank’s deforestation exposure through provision of finance to its agriculture sector customers.
Theme: Environment
Lead filer:
SIX
Notable co-filers: 
Australian Conservation Foundation
Status:
Filed

Resolution: Strategy to eliminate financed deforestation

Shareholders request that NAB disclose a strategy to eliminate financed deforestation in line with credible frameworks such as the Accountability Framework initiative.
Theme: Environment
Lead filer:
SIX
Notable co-filers: Australian Conservation Foundation
Status: Filed

ANZ Group Holdings Limited

Company ticker: ASX:ANZ

Resolution: Disclosure of financed deforestation

Shareholders request that ANZ assess and publicly disclose, within a reasonable timeframe and omitting proprietary information, the bank’s deforestation exposure through provision of finance to its agriculture sector customers.
Theme: Environment
Lead filer:
SIX
Notable co-filers: 
Australian Conservation Foundation
Status:
Filed

Resolution: Disclose strategy to eliminate financed deforestation in line with credible frameworks

Shareholders request that ANZ disclose a strategy to eliminate financed deforestation in line with credible frameworks such as the Accountability Framework initiative.
Theme: Environment
Lead filer:
SIX
Notable co-filers: Australian Conservation Foundation
Status: Filed

2024

Santos Limited

Company ticker: ASX:STO

Member statement: Re-election of Keith Spence

ACCR has filed a members' statement with Santos Ltd (ASX:STO) against the re-election of Keith Spence.
Theme:
Environment
Lead filer:
Australasian Centre for Corporate Responsibility
Status:
6.56% vote against Keith Spence

Member statement: Remuneration Report

Resolution: We urge shareholders to vote against Santos’ Remuneration Report because its remuneration structure is inconsistent with the company’s stated support for the climate goals of the Paris Agreement.
Theme:
Environment
Lead filer:
Market Forces
Status:
9.38% vote against the Remuneration Report

Woodside Energy Group Limited

Company ticker: ASX:WDS

Member statement: Remuneration Report

Shareholders are urged to vote against Woodside’s Remuneration Report because its remuneration structure is inconsistent with the company’s Climate Policy, which recognises the climate goals of the Paris Agreement and states “Woodside’s objective is to thrive in this energy transition”.
Theme:
Environment
Lead filer:
Market Forces
Status:
4.61% vote against the Remuneration Report

Member statement: Re-election of Richard Goyder

Resolution: ACCR has filed a members' statement with Woodside Energy Group (ASX:WDS) against the re-election of Richard Goyder.
Theme:  
Environment
Lead filer:
Australasian Centre for Corporate Responsibility
Status:
16.6% vote against Richard Goyder

APA Group Limited

Company ticker: ASX:APA

Resolution: Analysing capital expenditure against climate commitments

Securityholders request APA Group Limited, in its capacity as responsible entity, to prepare and publish a report analysing the consistency of APA Group’s planned capital expenditure with its own climate commitments and a Paris-aligned scenario in which global energy emissions reach net zero by 2050.
Theme: Environment
Lead filer:
Market Forces
Status:
12.35% vote for resolution

Whitehaven Coal Limited

Company ticker: ASX:WHC

Member statement: Remuneration Report

Shareholders are urged to vote against Whitehaven Coal Ltd’s (Whitehaven) remuneration report, as the remuneration structure still incentivises coal production growth in a manner that significantly exacerbates transition risk exposure and is inconsistent with the company’s stated support for the climate goals of the Paris Agreement.
Theme: Environment
Lead filer:
Market Forces
Status:
12.93% vote against Remuneration Report

Member statement: Re-election of Mark Vaile

Investors are urged to vote against the reelection of Mark Vaile and Fiona Robertson in their capacity as members of the remuneration committee.
Theme: Environment, Governance
Lead filer:
Market Forces
Status:
19% vote against Mark Vaile

Member statement: Re-election of Fiona Robertson

Investors are urged to vote against the reelection of Mark Vaile and Fiona Robertson in their capacity as members of the remuneration committee.
Theme: Environment, Governance
Lead filer:
Market Forces
Status:
0.75% vote against Mark Vaile

Woolworths Group Limited

Company ticker: ASX:WOW

Resolution: Identify and report on the impacts of procured farmed seafood on endangered species

Shareholders request that Woolworths identify and report on the impacts of farmed seafood it procures for its Own Brand products on endangered species under the Environment Protection and Biodiversity Conservation Act 1999 (EPBC Act) List of Threatened Fauna. The report should be published on the company’s website, at reasonable cost and omitting confidential information, by no later than 31 April 2025.
Theme: Environment
Lead filer:
SIX
Status:
30.42% in favour of resolution

Resolution: Cease sourcing farmed salmon from Macquarie Harbour

Shareholders request that Woolworths cease procuring farmed salmon for its Own Brand products from Macquarie Harbour in Tasmania by no later than 31 April 2025.
Theme: Environment
Lead filer:
SIX
Status:
4.89% in favour of resolution

Coles Group Limited

Company ticker: ASX:COL

Resolution: Identify and report on the impacts of procured farmed seafood on endangered species

Shareholders request that Coles identify and report on the impacts of farmed seafood it procures for its Own Brand products on endangered species under the Environment Protection and Biodiversity Conservation Act 1999 (EPBC Act) List of Threatened Fauna. The report should be published on the company’s website, at reasonable cost and omitting confidential information, by no later than 31 April 2025.
Theme: Environment
Lead filer:
SIX
Status:
30.42% in favour of resolution

Resolution: Cease sourcing farmed salmon from Macquarie Harbour

Shareholders request that Coles cease procuring farmed salmon for its Own Brand products from Macquarie Harbour in Tasmania by no later than 31 April 2025.
Theme: Environment
Lead filer:
SIX
Status:
6.67% in favour of resolution

Westpac Banking Corporation

Company ticker: ASX:WBC

Resolution: Climate Transition Plan Assessment

Shareholders recognise the substantial transitional and physical risks of climate change and their potential financial impacts on our company. Noting our company’s requirement that upstream oil and gas customers have ‘credible transition plans’ in place by 30 September 2025 in order to receive corporate lending and bond facilitation, shareholders request further disclosure addressing: 1. Whether all ‘fossil fuel companies’ will be required to have such plans in place by 30 September 2025 in order for Westpac to provide ‘new financing’; and 2. How Westpac will assess such plans for alignment with the bank’s definition of a credible transition plan.
Theme:
Environment
Lead filer:
Market Forces
Status:
34% vote in favour

National Australia Bank Limited

Company ticker: ASX:NAB

Resolution: Climate Transition Plan Assessment

Shareholders recognise the substantial transitional and physical risks of climate change and their potential financial impacts on our company. Noting there remain critical gaps in our company’s current disclosures regarding Customer Transition Plans, shareholders request further disclosure addressing:- Whether a customer will be eligible for ‘new financing’ from our company if its Customer Transition Plan is not credibly aligned with the 1.5°C goal of the Paris Agreement; and- Whether our company’s Customer Transition Plan requirements will extend to all ‘fossil fuel companies’ as defined by the Science-Based Targets Initiative.
Theme:
Environment
Lead filer:
Market Forces
Notable co-filers: 
Australian Ethical Investment Ltd
Status:
15% vote in favour

Australia and New Zealand Banking Group Limited

Company ticker: ASX:ANZ

Resolution: Climate Transition Plan Assessment

Shareholders recognise the substantial transitional and physical risks of climate change and their potential financial impacts on our company. Noting our company’s expectation that customers in the ‘energy sector’ have a transition plan in place by October 2025, shareholders request further disclosure addressing: 1. Whether ANZ will require all ‘fossil fuel companies’ to have climate transition plans in place by October 2025 in order for ANZ to provide ‘new financing’; 2. Whether and how ANZ will assess such transition plans for credible alignment with the 1.5°C goal of the Paris Agreement.
Theme: Environment
Lead filer:
Market Forces
Notable co-filers: 
Australian Ethical Investment Ltd
Status:
27%

2023

Woodside Energy Group Limited

Company ticker: ASX:WDS

Resolution: Capital protection

This resolution seeks to give shareholders confidence that Woodside’s oil and gas assets are managed in a way that protects shareholder value, while ensuring employee transition and asset decommissioning obligations are adequately planned and resourced.
Theme:  
Environment
Lead filer:
Market Forces
Status:
Withdrawn

Member statement: Re-election of Ian Macfarlane

The Woodside Energy board is failing to respond to shareholder concerns on climate risk management. Woodside has repeatedly failed to respond to material shareholder votes around climate risk management, raising genuine governance concerns. Woodside's lack of responsiveness to shareholders on these risks warrants a vote against Ian Macfarlane, who has been a member of the company’s Sustainability Committee for the duration of his tenure.
Theme:  
Environment
Lead filer:
Australasian Centre for Corporate Responsibility
Status:
34.81% vote against Ian Macfarlane

Member statement: Re-election of Larry Archibald

The Woodside Energy board is failing to respond to shareholder concerns on climate risk managementWoodside has repeatedly failed to respond to material shareholder votes around climate risk management, raising genuine governance concerns. Woodside's lack of responsiveness to shareholders on these risks warrants a vote against Larry Archibald, who has been a member of the company’s Sustainability Committee for the duration of his tenure.
Theme:  
Environment
Lead filer:
Australasian Centre for Corporate Responsibility
Status:
13.43% vote against Larry Archibald

Member statement: Re-election of Swee Chen Goh

Resolution: The Woodside Energy board is failing to respond to shareholder concerns on climate risk managementWoodside has repeatedly failed to respond to material shareholder votes around climate risk management, raising genuine governance concerns. Woodside's lack of responsiveness to shareholders on these risks warrants a vote against Swee Chen Goh, who has been a member of the company’s Sustainability Committee for the duration of his tenure.
Theme:
Environment
Lead filer:
Australasian Centre for Corporate Responsibility
Status:
10% votes against Swee Chen Goh

Westpac Banking Corporation Limited

Company ticker: ASX:WBC

Resolution: Transition plan assessments

Shareholders recognise the substantial transitional and physical risks of climate change and their potential financial impacts on our company. Noting our company’s requirement that upstream oil and gas customers have ‘credible transition plans’ in place prior to 2025 in order to receive corporate lending, shareholders request further disclosure addressing: 1. Whether all ‘fossil fuel companies’ will be required to have such plans in place prior to 2025 in order for Westpac to provide ‘new financing’; and 2. How Westpac will assess such plans for alignment with the bank’s definition of a credible transition plan, which should not include an unreasonable reliance on emissions offsets or negative emissions technology.
Theme:
Environment
Lead filer:
Market Forces
Notable co-filers: 
Australian Ethical Investment Ltd
Status:
Withdrawn

National Australia Bank Limited

Company ticker: ASX:NAB

Resolution: Transition plan assessments

Shareholders recognise the substantial transitional and physical risks of climate change and their potential financial impacts onour company. Noting our company’s requirement that oil and gas customers have a transition plan in place to receive new lendingand renewals from 1 October 2025, shareholders request further disclosure addressing: 1. whether all ‘fossil fuel companies' will be required to have climate change transition plans in place in order for NAB to provide new lending and renewals; 2. whether the restriction on new lending and renewals applies to all ‘new financing’; 3. whether NAB will bring its requirement that customers have transition plans forward to 1 January 2025 to match peer timelines; and 4. whether and how NAB will assess such transition plans for credible alignment with the 1.5°C goal of the Paris Agreement.
Theme:
Environment
Lead filer:
Market Forces
Notable co-filers: 
Australian Ethical Investment Ltd
Status:
Withdrawn

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