Australian companies are facing more climate-focused ESG resolutions than ever before, and they are paying quiet dividends
- Written by Ian Ramsay, Emeritus Professor, Melbourne Law School, The University of Melbourne
In 2020, for the first time in Australia, more than half the shareholders of a public company voted in support of a climate change resolution put forward by shareholders in the face of opposition from the company’s board of directors.
The resolution, advanced at Woodside Petroleum’s annual general meeting, called for the company to...