Industry super targets top companies on 1.5C pathway

  • 📰 FinancialReview
  • ⏱ Reading Time:
  • 31 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 90%

Business News News

Business Business Latest News,Business Business Headlines

The powerful industry superannuation sector will push top companies to reach a 1.5 degree climate warming pathway as they back billionaire Mike Cannon-Brookes to shake up the AGL board.

. The company is instead proposing a pathway in line with 1.8 degrees of warming.

“The Paris Agreement is aimed at ’holding the increase in the global average temperature to well below 2°C above pre-industrial levels and pursuing efforts to limit the temperature increase to 1.5°C above pre-industrial levels, recognising that this would significantly reduce the risks and impacts of climate change,” she said. “ACSI supports the Paris Agreement’s objective.”

Despite backing three of Mr Cannon-Brookes' directors for the AGL board, ACSI are understood to have followed proxy firms Ownership Matters and CGI Glass Lewis in supporting AGL's plan at the AGM.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

These people don't have a wise thought left in them

Idiots

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Wipeout: Atlassian shares plummet on earnings missAtlassian shares have plunged more than 22 per cent in after-hours Wall Street trade, wiping billions from the wealth of its founding duo, Mike Cannon-Brookes and Scott Farquhar.
Source: brisbanetimes - 🏆 13. / 67 Read more »

Wipeout: Atlassian shares plummet on earnings missAtlassian shares have plunged more than 22 per cent in after-hours Wall Street trade, wiping billions from the wealth of its founding duo, Mike Cannon-Brookes and Scott Farquhar. nickbonyhady The Greens will need to review their policies , given the funding always comes from the Billionaires!auspol
Source: theage - 🏆 8. / 77 Read more »

Wipeout: Atlassian shares plummet on earnings missAtlassian shares plunged in after-hours trade on the Nasdaq on Friday, wiping billions from the wealth of its founding duo, Mike Cannon-Brookes and Scott Farquhar | nickbonyhady nickbonyhady Like, how old is that picture of the dudes? At least 10 years!
Source: smh - 🏆 6. / 80 Read more »