EDITORIAL: Has the climate justice lobby gone too far?
Standard Bank cannot afford to be deprived of skilled directors, even though the transition to a low-carbon economy is SA’s eventual goal
09 June 2020 - 19:57
As activists call for Standard Bank directors to not be re-elected over links to fossil fuel companies, it has left some wondering if SA’s climate justice lobby has gone too far.
On Monday, activist shareholder group Just Share urged stockholders to oust five of the bank’s non-executive directors, saying their links to fuel or coal mining companies undermine their impartiality to execute their duties when drawing up environmentally friendly policies...
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