Article 41G9N Whitehaven Coal: activist shareholders to force vote on climate strategy

Whitehaven Coal: activist shareholders to force vote on climate strategy

by
Ben Smee
from Environment | The Guardian on (#41G9N)

Proxy firm secures support from major investors for three resolutions calling for company to align policy to Paris agreement

Activist shareholders in Australia's largest independent coalminer are expected to vote in record numbers on Thursday to demand Whitehaven Coal aligns its long-term company strategy with the Paris climate agreement.

Guardian Australia understands the group Market Forces has secured support from some superannuation funds and large overseas investors in Whitehaven for three resolutions that will be put to the company's annual general meeting in Sydney.

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