Article 6X4TN Woodside staves off investor climate concerns at fiery AGM beset by protesters

Woodside staves off investor climate concerns at fiery AGM beset by protesters

by
Jonathan Barrett Business editor
from on (#6X4TN)

Fossil fuel company retains chosen board members, with former Shell executive Ann Pickard re-elected at meeting interrupted by whistle-blowing activists

Woodside Energy has withstood a rebuke by shareholders of its climate plans by garnering sufficient support to retain its chosen board members and approve executive pay plans at a fiery annual general meeting on Thursday.

A diverse group of investors, including fund managers and governance organisations, opposed the re-election of high-profile Woodside director Ann Pickard, a former Shell executive who chairs the committee responsible for overseeing climate risk at the Perth-headquartered oil and gas company.

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