Business
Activist shareholders push for climate change action by Australian fossil fuel, coal companies from the inside – ABC News
More than 100 investors in Whitehaven Coal have filed a resolution asking the company to plan its own closure — the first in an ambitious play by an activist shareholder group to push fossil fuel companies to act on climate change.
More than 100 investors in Whitehaven Coal have filed a resolution asking the company to plan its own closure the first in an ambitious play by an activist shareholder group to push fossil fuel companies to act on climate change.
Key points:
- A group of 100 investors wants to change Whitehaven Coal from the inside
- The move is designed to force the mining company to question the commercial viability of coal into the future
- Whitehaven Coal says the likelihood its assets …
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