FILE PHOTO: Siemens CEO Joe Kaeser attends a news conference after talks with climate activists in Berlin, Germany, January 10, 2020. REUTERS/Hannibal Hanschke
FRANKFURT - German engineering group Siemens said it remains committed to a controversial coal mining project in Australia’s outback, despite criticism by climate activists following recent wildfires in the country. Siemens was awarded a contract last year to provide signalling technology for a railway line connecting a planned mine of India’s Adani Group in the outback to an Australian seaport.
“While I do have a lot of empathy for environmental matters, I do need to balance different interests of different stakeholders, as long as they have lawful legitimation for what they do. This is my responsibility as a CEO and that of the management team,” Chief Executive Joe Kaeser said in a statement.
“Keeping our promises is Siemens’ highest priority. Only being a credible partner whose word counts also ensures that we can remain an effective partner for a greener future.”Our Standards:
Time will tell if Australia remain committed.
They should be committed
Not good news, profit over the planet and it's inhabitants.
Disgraceful
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