LETTER: Editorial misses the mark over Standard Bank and climate activists
Call is for shareholders to vote against election of fossil-fuel tied directors because they are conflicted
In your editorial you vigorously defend Standard Bank against what you portray as an attempted “takeover of the board by activists” (“Has the climate justice lobby gone too far? (https://www.businesslive.co.za/bd/opinion/editorials/2020-06-09-editorial-has-the-climate-justice-lobby-gone-too-far/)” June 9). Your editorial misrepresents our position.
Just Share and our partner organisations are calling on shareholders to vote against the election of Standard Bank’s fossil-fuel tied directors because they are conflicted (a matter you fail to address), not because they refused to table a climate change resolution. The manner in which they have refused to table that resolution is a red flag in relation to that conflict...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.