The vote on Woodside’s climate action plan goes to the heart of its credibility as a legacy fossil fuel company committed to transition to net-zero emissions.
Woodside Energy chairman Richard Goyder has accused activists and some investors of putting shareholder value at risk in a last ditch plea to shareholders to back the gas giant’s under-fire climate transition plan ahead of its annual meeting next week.
Debbie Blakey, CEO of HESTA, which is voting against Woodside Energy’s climate action plan; and Richard Goyder, chairman of Woodside. “It is the board’s view that the CTAP effectively articulates the challenges and demonstrates Woodside’s plans and progress towards mitigating the risks of climate change,” the letter said.
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