Standard Bank AGM: Shareholders Win on Climate Change Resolution
In a first for South Africa, at Standard Bank’s Annual General Meeting today climate-conscious shareholders compelled the bank to adopt and publicly disclose a policy on lending to coal-fired power projects and coal mining operations. Resolution 10.2 received 55% of shareholder votes, and is therefore binding on the company. This is the first time that … Continue reading Standard Bank AGM: Shareholders Win on Climate Change Resolution
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