Standard Bank’s ‘speak no evil’ AGM
Shareholders query the bank’s puzzling written questions ‘safeguard’ — and also its climate policy
The Standard Bank board must be hoping shareholder activism is just a fad and will quickly burn out, unlike the fossil fuels it continues to help fund.
Or perhaps it doesn’t realise how remarkably defensive its attitude to shareholder engagement appears. So defensive, that one’s prompted to wonder: “What is it hiding?”..