BHP shareholders strongly endorse climate plan as chief says ‘it’s a step forward’

BHP shareholders strongly endorse climate plan as chief says ‘it’s a step forward’

London: BHP shareholders have offered a resounding endorsement of the Australian mining giant’s climate transition strategy, as chief executive officer Mike Henry doubles down on his doubts about so-called “green steel”. A vote at BHP’s annual general meeting in London on Thursday morning local-time secured 83 per cent support for the climate change roadmap - a much stronger outcome than the knife-edge result some analysts had predicted. The miner has some of the industry’s most aggressive emission reduction policies but activists and some proxy advisors are not convinced the proposals are ambitious enough. Speaking to reporters after the meeting, Henry conceded there were differing views on the company’s approach to climate change. “I think that’s just reflective of the dynamic that we find ourselves, the world finds itself in: that …
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