Woodside shareholders unlikely to support climate action plan, company bosses warn

  • 📰 abcnews
  • ⏱ Reading Time:
  • 36 sec. here
  • 9 min. at publisher
  • 📊 Quality Score:
  • News: 42%
  • Publisher: 83%

Perth News News

Wa Pols,Wa Politics,Wa News

Woodside is being forced to defend its climate transition plan, with the gas giant's bosses saying it's unlikely to win the support of its own shareholders.

Woodside bosses have flagged it's unlikely the company's own shareholders will support the energy giant's climate plan.Voting by shareholders is not binding on the company, but serves as a sharp sign of investor discontent.

The report said that put Woodside on track to meet its emissions reduction targets of 15 per cent by 2030, 30 per cent by 2030 and net zero by 2050. "I give you our commitment that we will set goals and make decisions informed by the available science, in line with our capital allocation framework, and with our commitment to energy security front of mind.

About $335 million USD has been invested so far to help reduce its scope three emissions, which are emitted when its products are used by its customers.As gas shortage fears grow, is energy giant Woodside on a collision course with WA government?Counterterrorism authorities speak about raids across Sydney over church stabbing attack

 

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:

 /  🏆 5. in UK

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines