Australian miner paying ‘massive bonuses’ for ‘steamrolling ahead with an outdated and unacceptably risky coal growth strategy’, activists say
Get our breaking news email, free app or daily news podcast
Whitehaven Coal, one of Australia’s biggest coal producers, faces a rare “second strike” from shareholders this week as climate activists seek to draw attention to the miner’s plans to ramp up volumes and resulting carbon emissions.
The ASX-listed company received a 41% vote against its executives’ remuneration report at last year’s annual general meeting. A vote of at least 25% at this year’s AGM on Wednesday would force a motion to spill Whitehaven’s board.
About Author
More Stories
Portuguese far-right leader criticised over police shooting comments
Hedgehogs ‘near threatened’ on red list after 30% decline over past decade
Uruguay presidential election heads to runoff with center-left candidate in lead