Standard Bank rejects calls from climate activists to drop directors

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The group will not be tabling resolutions made by activist shareholders regarding financing for the fossil fuel industry

The Standard Bank building in Rosebank, Johannesburg. Picture: FREDDY MAVUNDA

Lobby group Just Share has called for shareholders to vote against board members with ties to fossil fuels at the group’s AGM on June 26. This follows the group saying it will not table a resolution related to financing of fossil fuels, which also commits to aby Standard Bank’s head of group policy and sustainability, Wendy Dobson, the group said it was committed to the issue of climate change, but that the call undermined its work.

 

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