One of the world's top companies is giving young people the chance to veto projects that hurt the climate

  • 📰 CNN Philippines
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 63%

Philippines News News

Philippines Philippines Latest News,Philippines Philippines Headlines

Siemens is taking heat for sticking with a controversial coal mining project in fire-ravaged Australia. Its response? Give young people the power to veto future business on environmental grounds.

In an open letter dated Sunday, CEO Joe Kaeser said the German engineering group would establish a new committee that includes young people from outside the company to"give environmental concerns even more priority and attention in the future." The committee will be able to block projects for"sustainability" reasons.

Siemens is one of the world's biggest engineering companies, employing 379,000 people in business operations all over the globe. "I will also open the doors to the youth, and the concerns young people have taken to the streets around the world, to sit at the table," wrote Kaeser. Last year, the German executive said that President Donald Trump was becoming a symbol of intolerance following his attacks on four female members of Congress.

 

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

 /  🏆 13. in PH

Philippines Philippines Latest News, Philippines Philippines Headlines