RR Phantom
Location : Wasted Space Job/hobbies : Cayman Islands Actuary
| Subject: Excellent: BHP's shareholders in UK reject call to ditch 'pro-coal' associations Thu Oct 17, 2019 7:21 pm | |
| BHP shareholders are poised to reject a motion urging the world's biggest mining company to suspend membership of some industry bodies judged to be at odds with goals to tackle climate change, voting in London suggested on Thursday.
Ethical investors have called for the suspension, arguing BHP's membership of some industry organisations funds pro-coal lobbying.
One of BHP's biggest shareholders, Aberdeen Standard Investments, part of Standard Life Aberdeen, last week spoke out in favour of the resolution, saying lobby groups can be a major obstacle to positive change.
https://www.smh.com.au/business/companies/bhp-s-shareholders-in-uk-reject-call-to-ditch-pro-coal-associations-20191018-p531tv.html |
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