The decision by synthetic fuels and chemicals producer Sasol to table a climate-related resolution at its 2021 annual general meeting (AGM) looks either like capitulation in the face of growing activist pressure, or a play for time. Perhaps it is a bit of both. 

Until now, Sasol has stood firm against a growing trend of shareholder activism pushing large listed companies to table climate-related resolutions at their AGMs. In recent months, five SA companies — mostly banks — have done so...

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