Activist shareholders want SA's largest coal producers to disclose their climate lobbying activities.Two of South Africa's largest coal producers, Thungela and Exxaro, have declined to table climate lobbying resolutions put forward by activist shareholders ahead of the companies' upcoming AGMs.
Exxaro Resources, one of the largest coal suppliers to Eskom, and Thungela Resources, SA's largest producer of export coal, have both refused to table non-binding, advisory shareholder resolutions filed by Just Share, Aeon Investment Management, and Fossil Free South Africa. The resolutions ask the companies to report to shareholders on the alignment of their own lobbying and policy engagement activities with the goals of the Paris Agreement, as well as those of the industry associations to which they belong.Get 14 days free to read all our investigative and in-depth journalism. Thereafter you will be billed R75 per month. You can cancel anytime and if you cancel within 14 days you won't be billed.
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