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Investors are developing a ‘dirty’ little secret

Glencore’s decision to keep its energy coal business is part of a broader push back against climate-related strategy shifts by big emitters. 

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Is the ESG movement starting to lose some of its power?

While the ferocious debate about Woodside’s climate action plan last year – and its ultimate rejection by investors – would suggest not, a series of recent events suggest investors’ priorities are changing.

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James Thomson is senior Chanticleer columnist based in Melbourne. He was the Companies editor and editor of BRW Magazine. Connect with James on Twitter. Email James at j.thomson@afr.com

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    Original URL: https://www.afr.com/chanticleer/investors-are-developing-a-dirty-little-secret-20240807-p5k0ew