Major investors leading push against Woodside’s climate plans ahead of AGM
by Jonathan Barrett Senior business reporter from Environment | The Guardian on (#6M85H)
Norway's KLP and the UK's LGIM among those who say they have concerns over energy giant's carbon transition goals
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Woodside Energy is facing the prospect of an overwhelming protest vote against its climate plans when shareholders meet on Wednesday, as global investors pick apart the emissions strategy of Australia's biggest oil and gas company.
Norway's largest pension fund, KLP, and Britain's biggest asset manager, LGIM, are the latest investors to disclose they will vote against Woodside's climate report, citing concerns over its carbon transition plans.
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