While 2023 was a vintage year for governance issues,with Qantas the lightning rod for shareholder anger,investors will have plenty of targets this year.
Glencore has scrapped plans to spin off its coal business,with an unlikely coalition of investors and activists all opposed to the plan.
The future of climate-related shareholder activism may be at stake when Exxon shareholders meet for the company’s annual general meeting overnight.
The hulking-out of Lendlease shareholders not only demonstrates just how aggrieved they were,but it is also a reminder that investors are the owners and in theory the board works for them.
Embattled chief executive Tony Lombardo will outline the global property giant’s direction,with investors bracing for a barrage of changes.
For large investors such as pension and superannuation funds,a vote against what climate activists and experts and some shareholders believe is a vague and feeble plan to reduce emissions in line with the Paris Agreement is a no-brainer.
Australia’s largest oil and gas company has been hit with an unprecedented investor uprising demanding greater action on climate change.
After chairing Qantas during a period when it fell from grace,Richard Goyder is under intense pressure for the second time in less than a year.
Australia’s largest oil and gas company is at risk of facing an investor backlash over its response to climate change at an upcoming shareholder vote.
Lendlease,the company that built Barangaroo in Sydney and the Melbourne Quarter,“is a plaything”,says activist shareholder John Wylie.
It is not exactly open warfare,but the country’s biggest industry super funds are flexing the muscles that are constantly pumped up by growth in funds under management.