, nor how they will be linked to short and long-term executive remuneration.
The resolution was submitted in October by the six investors to the Sasol board for tabling during the AGM, but was however rejected by the board which said the matters raised by the group “have been addressed and there is no longer any necessity to consider the legality of those resolutions for the upcoming AGM”.
Sasol last week issued its climate report where it commits to “reduce by 2030 the absolute greenhouse emissions from [their] South African operations by at least 10%, off [their] 2017 baseline”. This is not the first time Sasol shareholders published their concerns regarding the company’s long term plans to transition to a low carbon economy.
TBakerDavies Companies like Sasol are a liability looking at the data backed prediction of climate change related risks. Investors are rightfully risk averse. We recommend to pull out and invest in renewables. Huge growth, new jobs for all, little risk.
Because we are still trying to make jobs for the Hungry marginalized , Paris and co are eating as we speak
Sasol just has to keep on producing fossil fuel and create more jobs for people and not worry about climate change
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