Nedbank takes big step towards climate change policy
The bank introduces two new resolutions for shareholders to consider at next AGM
12 May 2020 - 21:10
Nedbank has become the first company in SA to voluntarily table climate financing resolutions in accordance with the Paris Agreement, says shareholder activist group Just Share.
“The two resolutions that commit to adopting and publicly disclosing an energy policy and undertaking to measure, disclose and assess its exposure to climate-related risks, together with the group's commitment to align its trajectory with the goals of the Paris Agreement, is something we have not seen from any other SA corporate,” says Just Share director Tracey Davies...
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