BHP Faces Backlash From Shareholder Advisor Over Climate Action Plan -FT
September 28 2021 - 9:33AM
Dow Jones News
--Proxy shareholder advisor Glass Lewis has advised investors in
BHP PLC to vote against the miner's Climate Transition Action Plan
at its upcoming annual shareholder meeting, citing room for
improvement, the Financial Times reports.
--The advisor has raised concerns over the plan's scope and its
alignment with the latest climate science, according to the FT.
--BHP, the world's biggest miner, earlier this month pledged to
reduce direct carbon emissions by at least 30% over the next 10
years with a view to being net zero by 2050, the Financial Times
reports.
Full story: https://on.ft.com/2ZyrPrD
Write to Joe Hoppe at joseph.hoppe@wsj.com
(END) Dow Jones Newswires
September 28, 2021 09:18 ET (13:18 GMT)
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