|
Glencore PLC on Friday said that a majority of shareholders rejected a climate action transition plan which had been requisitioned by a group of shareholders. The Barr, Switzerland-based multinational commodity trading and mining company said 71% of shares cast voted against the resolution, being the only resolution out of 19 that failed to pass at the company’s annual general meeting. However, it noted that 30% of shares cast voted against a resolution approving Glencore’s 2022 climate report. The company said it will continue to engage with shareholders. Glencore shares were 1.5% higher at 422.80 pence each on Friday afternoon in London, while trading 1.1% higher at R 102.40 each in Johannesburg. Copyright 2023 Alliance News Ltd. All Rights Reserved.
|
